Safe Pro Group

Safe Pro Group

AI-powered threat detection and ballistic protection solutions.

HQ location
Aventura, United States
Launch date
Employees
Market cap
$112m
Enterprise value
$111m
Share price
$6.82 SPAI
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DateInvestorsAmountRound
N/A

€0.0

round
*

$8.0m

Private Placement VC
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD20222023202420252026
Revenues00000000000000000000
% growth-(20 %)136 %19 %384 %
EBITDA00000000000000000000
% EBITDA margin(35 %)(661 %)(313 %)--
Profit00000000000000000000
% profit margin(44 %)(688 %)(342 %)--
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000
R&D % of revenue-41 %4 %--

Source: Company filings or news article, Equity research estimates

Notes (0)
More about Safe Pro Group
Made with AI
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Safe Pro Group Inc. is a technology company that provides security and defense solutions enhanced by artificial intelligence. The company was founded on December 15, 2021, by Daniyel Erdberg, who currently serves as the Chairman and CEO. Erdberg has over two decades of experience as a C-level technology executive, having led recent NASDAQ listings in the Drone, 5G, and SatCom sectors.

The company operates through three main segments: Safe-Pro USA, Airborne Response, and Safe Pro AI. Safe-Pro USA manufactures ballistic protection equipment, including body armor, helmets, and explosive ordnance disposal (EOD) suits. Airborne Response offers mission-critical drone services for infrastructure inspection, public safety, and emergency management. Safe Pro AI focuses on developing computer vision technologies that use artificial intelligence and machine learning to analyze drone imagery. This AI technology, known as Safe Pro Object Threat Detection (SPOTD), can detect over 150 types of threats like landmines and unexploded ordnance (UXO) from drone footage, providing real-time intelligence. The SPOTD platform has been battle-tested in Ukraine.

Safe Pro Group serves a diverse client base that includes defense, government, commercial, law enforcement, and humanitarian sectors. The business model is centered on a synergistic approach, combining hardware (protective gear), services (drone operations), and software (AI analysis). Revenue is generated through the sale of protective products, drone service contracts, and a Software-as-a-Service (SaaS)/AI-as-a-Service model for its threat detection technology. In March 2023, Safe Pro Group acquired Demining Development LLC to launch its Safe Pro AI subsidiary, a key part of its strategic plan. The company is publicly traded on the NASDAQ under the symbol SPAI.

Keywords: artificial intelligence, security solutions, defense technology, computer vision, drone services, threat detection, unexploded ordnance detection, ballistic protection, body armor, mission critical services, public safety technology, humanitarian demining, machine learning, drone imagery analysis, SaaS, situational awareness, EOD suits, infrastructure inspection, force protection, battlefield awareness

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Investments by Safe Pro Group

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Airborne Response
ACQUISITION by Safe Pro Group Sep 2022
Demining Development
ACQUISITION by Safe Pro Group Mar 2023