Safe Pro Group Inc. (NASDAQ: SPAI) has entered into definitive agreements for a private placement with strategic investors including Ondas Holdings Inc. (NASDAQ: ONDS) and Unusual Machines Inc. (NYSE: UMAC), securing up to $20 million in funding. The investment covers 2 million shares at $4 each and warrants for 2 million shares at $6 each, representing significant capital infusion for the AI defense technology provider.
The funding is expected to accelerate commercialization of Safe Pro's patented AI technologies, including its Object Threat Detection system and Navigation Observation Detection Engine. These systems are designed to detect landmines, map terrain, and analyze drone imagery in real time, providing critical capabilities for defense and security applications. The company's technology has already gained recognition from the U.S. Army and has been deployed in Ukraine, demonstrating its practical application in active conflict zones.
This development is particularly significant given the billions in new federal funding allocated for drone and AI programs. Safe Pro's cloud-based ecosystem, powered by Amazon Web Services (AWS), positions the company to capitalize on growing government and commercial demand for advanced security solutions. The scalable platform targets multiple markets including commercial, government, law enforcement, and humanitarian sectors through its Safe Pro AI software, Safe-Pro USA protective gear, and Airborne Response drone-based services.
The strategic investment from established defense technology companies like Ondas Holdings and Unusual Machines validates Safe Pro's approach to leveraging commercially available off-the-shelf drones with proprietary machine learning and computer vision technology. This funding enables the company to expand its mission of providing safer and more efficient alternatives to traditional human-based analysis methods for explosives threat identification.
For more information about Safe Pro Group's technology and services, visit https://safeprogroup.com. Additional news and updates relating to the company are available through its corporate communications channels.
