Safe Pro Group (NASDAQ: SPAI) is positioned among leading innovators in a commercial drone market projected by Spherical Insights to grow from USD 30.67 billion in 2024 to USD 992.87 billion by 2035 at a CAGR of 37.18%. Commercial drones, or Unmanned Aerial Vehicles (UAVs), are seeing accelerating adoption across logistics, construction, energy, agriculture, surveillance, and emergency response, driven by rising investment and rapid advances in AI, automation, and modular payload systems. North America is expected to lead demand, supported by the FAA’s June 2024 revisions easing BVLOS operations and the region’s concentration of drone manufacturers and service providers.
Active companies this week include ZenaTech, Inc. (NASDAQ: ZENA), Red Cat Holdings, Inc. (NASDAQ: RCAT), Draganfly Inc. (NASDAQ: DPRO), Safe Pro Group Inc. (NASDAQ: SPAI), and EHang Holdings Limited (NASDAQ: EH). These firms continue to expand capabilities across surveying, defense, border security, infrastructure inspection, and emerging air mobility applications. Their collective momentum reflects an industry undergoing rapid scaling, regulatory clarity and broadening enterprise and government adoption.
Safe Pro Group recently highlighted operational progress across its AI, aerial services, and ballistic protection divisions following more than USD 20 million in new strategic investments. Summing up the company’s outlook, Dan Erdberg, Chairman and CEO, said Safe Pro is entering a new stage of execution and scale, supported by a stronger balance sheet and key partners in drone and defense technology. He added that this strengthened foundation is accelerating the deployment of solutions serving defense, infrastructure, public safety and humanitarian missions worldwide.
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About Safe Pro Group Inc.
Safe Pro Group Inc. is a mission-driven technology company delivering AI-enabled security and defense solutions. Through cutting-edge platforms like SPOTD, Safe Pro provides advanced situational awareness tools for defense, humanitarian, and homeland security applications globally. It is a leading provider of artificial intelligence (AI) solutions specializing in drone imagery processing leveraging commercially available “off-the-shelf” drones with its proprietary machine learning and computer vision technology to enable rapid identification of explosives threats, providing a much safer and more efficient alternative to traditional human-based analysis methods. Built on a cloud-based ecosystem and powered by Amazon Web Services (AWS), Safe Pro Group’s scalable platform is targeting multiple markets that include commercial, government, law enforcement and humanitarian sectors where its Safe Pro AI software, Safe-Pro USA protective gear and Airborne Response drone-based services can work in synergy to deliver safety and operational efficiency.
NOTE TO INVESTORS: The latest news and updates relating to SPAI are available in the company’s newsroom at http://ibn.fm/SPAI
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