Safe Pro Group Advances AI Defense And Drone Technologies Following Over $20M In New Strategic Funding
Benzinga Newsdesk 11 months ago
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New funding supporting rapid development of SPOTD NODE, commercialization of AI-powered image analysis, autonomous drone deployments and introduction of advanced ballistic protective gear for law enforcementSafe Pro
New funding supporting rapid development of SPOTD NODE, commercialization of AI-powered image analysis, autonomous drone deployments and introduction of advanced ballistic protective gear for law enforcement
Safe Pro Group Inc. (Nasdaq: SPAI) ("Safe Pro" or the "Company"), a developer of AI-enabled defense and security solutions, today provided an operational update highlighting progress across its business units and against its near-term commercialization roadmap.
The update follows over $20 million in new strategic investments, including a $14 million equity investment at $7 per share led by Ondas Holdings Inc. (NASDAQ:ONDS), a leading provider of autonomous drone technology. The additional capital is accelerating product development and go-to-market initiatives at Safe Pro's three core subsidiaries: Safe Pro AI, Airborne Response, and Safe-Pro USA.