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AVENTURA, FL - Safe Pro Group Inc. (NASDAQ:SPAI), a $36.41 million market cap company currently trading near its InvestingPro Fair Value, announced Wednesday it is pursuing opportunities related to the recently passed One Big Beautiful Bill Act (OBBBA), which allocates approximately $33 billion for drone and artificial intelligence technologies for defense modernization.
The legislation, signed into law on July 4, includes $13.5 billion for unmanned systems and $16 billion for government-wide AI initiatives across defense, federal IT modernization, and border operations for Fiscal 2026.
Safe Pro Group’s AI-powered drone imagery analysis platform can detect and identify over 150 types of landmines and unexploded ordnance in under a second per image. The company, which has achieved impressive revenue growth of 140% in the last twelve months, offers both edge-based real-time solutions (SpotlightAI OnSite) and cloud-based options utilizing Amazon Web Services.
"We believe that the passage of the OBBBA creates significant opportunities for our unique, battle-tested imagery analysis technology within the Department of Defense," said Dan Erdberg, chairman and CEO of Safe Pro Group.
The company reports its technology is supported by a dataset of over 1.66 million drone images and 28,000 identified threats across 6,705 hectares in Ukraine. Safe Pro is also developing integrations with the U.S. Army’s Android Tactical Assault Kit (ATAK) platform to enable real-time threat information sharing across military devices.
The announcement comes as Safe Pro Group continues discussions with the Department of Defense and prime contractors who may benefit from the new funding allocation, according to the company’s press release statement. InvestingPro analysis reveals the company maintains a healthy liquidity position with a current ratio of 1.7, though investors should note its volatile trading history. Get access to 8 more exclusive ProTips and comprehensive financial metrics with InvestingPro.
In other recent news, Safe Pro Group Inc. has been actively deploying its AI-powered drone technology in Ukraine to detect landmines and unexploded ordnance. The system has surveyed over 16,336 acres, identifying more than 27,450 pieces of unexploded ordnance. Safe Pro Group has also expanded its services to the Asia-Pacific region, where a U.S. Government Contractor has ordered its Explosive Ordnance Disposal protective gear for landmine remediation programs. Additionally, the company has completed its national phase patent applications in nearly 50 jurisdictions, aiming to protect its AI and drone imagery technology for detecting small lethal threats. Safe Pro Group will showcase its AI drone technology at the SAGEEP 2025 conference, highlighting its role in addressing defense and humanitarian challenges. In Florida, the company has expanded its drone services through a multi-year agreement with a large electric utility, enhancing critical infrastructure assessment services. This expansion includes advanced Condition Assessment services that may incorporate Safe Pro’s AI imaging technology. The company’s technology, supported by Amazon Web Services, is designed to improve safety and operational efficiency across various sectors.
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