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AVENTURA, Fla. - Safe Pro Group Inc. (NASDAQ:SPAI), a technology company with a market capitalization of $58.26 million, announced Thursday it has expanded international patent protection for its AI-powered computer vision technology designed to detect explosive threats in drone imagery, with applications now published in Australia, Israel and Europe. The company has demonstrated strong momentum, with its stock price surging over 44% in the past six months.
The company’s technology has analyzed over 1.78 million battlefield images from Ukraine, identifying more than 31,600 explosive threats to date. The patent expansion is part of Safe Pro’s global intellectual property strategy aimed at securing exclusive rights to its AI-powered detection systems. According to InvestingPro analysis, while the company maintains strong liquidity with a current ratio of 1.7, it currently trades at a premium valuation with a price-to-book ratio of 22.04.
"As the global landmine crisis continues to grow and more European countries withdraw from the Ottawa Convention banning anti-personnel mines, we believe the threats facing our armed forces and our allies will dramatically increase," said Dan Erdberg, chairman and CEO of Safe Pro Group.
The company’s current IP portfolio includes U.S. Patent No. 12,146,729, valid until 2043, which covers autonomous detection, identification, and labeling of explosives in drone imagery. Safe Pro has now expanded its filings to include Bosnia and Herzegovina, Canada, Australia, New Zealand, Japan, Israel and Ukraine, covering patent protection rights in 47 jurisdictions.
Safe Pro’s detection technology is designed to identify over 150 different types of threats including landmines, anti-personnel mines, cluster munitions and unexploded ordnance. The system can be deployed in real-time at the edge (SpotlightAI OnSite) or through cloud-based processing using Amazon Web Services.
The company reports its technology has analyzed threats across 7,819 hectares in Ukraine, an area nearly equivalent in size to Manhattan.
This information is based on a company press release statement. InvestingPro data reveals the company’s impressive revenue growth of 140% in the last twelve months, though it remains unprofitable with negative EBITDA. InvestingPro subscribers have access to 8 additional key insights about SPAI, including detailed financial health metrics and growth indicators.
In other recent news, Safe Pro Group Inc. announced its enthusiasm for the Federal Aviation Administration’s proposed rules for Beyond Visual Line of Sight drone operations, which could streamline regulatory processes and enhance the deployment of its AI-powered technologies. The company is also set to demonstrate its AI tech at the U.S. Army Futures Command’s Concept Focused Warfighting Experiment Maneuver in 2026, showcasing its SpotlightAI platform capable of rapidly identifying landmines. Additionally, Safe Pro has integrated its AI explosive threat detection technology with drones for the U.S. Army’s Short Range Reconnaissance Program, enhancing military drone capabilities in real-time threat identification.
Safe Pro Group’s stock has been initiated with a Buy rating by Litchfield Hills Research, highlighting its leadership in AI-powered computer vision software for defense and security applications. The company is exploring opportunities from the One Big Beautiful Bill Act, which allocates $33 billion for defense-related AI and drone technologies, including $13.5 billion for unmanned systems. These developments suggest potential growth avenues for Safe Pro Group as it leverages AI advancements across various sectors.
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