SPAI
SAFE PRO (SPAI)
NASDAQ
$4.34-$0.33 (-6.97%)
Price as of Jun 23, 2026 6:18 PM EDT
  • $96.1M
    Market Cap
  • 81.32%
    1-Year Change
  • Aerospace & Defense
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 14
  • True Yield: N/A
  • Financial Health Score: N/A
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Latest Research & News

UPDATE: Safe Pro Awarded U.S. Army Order For AI-Powered Threat Analysis Kit Together with Red Cat Black Widow Drones

Safe Pro Group Inc. (Nasdaq: SPAI) announced it received a U.S. Army order for a turnkey Threat Analysis Kit featuring its AI-powered NODE edge compute system integrated with Red Cat Holdings' Black Widow drones. The kit includes annual software upgrades and operational support, with delivery expected in Q2 2026. Safe Pro's SPOTD technology uses machine learning trained on 2.8 million drone images to detect explosive threats and objects of interest.

06/02/2026, 9:00 AM • GlobeNewswire

Drones-Led Disruption Accelerates as Commercial Adoption Surges Across Industrial Markets

The Drone-as-a-Service (DaaS) market is experiencing rapid growth across industrial sectors including construction, agriculture, energy, and infrastructure inspection. The global DaaS market is estimated at $6-8 billion in the mid-2020s and projected to reach $25+ billion within a decade. Key developments include ZenaTech's acquisition of an Alberta-based surveying company for oil and gas services, Draganfly's counter-drone system contract with Army Research Laboratory, Quantum Cyber's autonomous ground vehicle patent filing, Red Cat's acquisition of wireless power technology company Quaze, and Safe Pro's AI threat detection collaboration with Lantronix.

05/21/2026, 9:30 AM • Benzinga

Why Red Cat Stock Dropped Today

Red Cat Holdings stock fell 4.9% on Tuesday despite positive news. The company announced a collaboration with Safe Pro Group to equip its Black Widow drones with AI threat detection capabilities for identifying landmines and unexploded ordnance. The drones will be demonstrated in U.S. Army exercises. The stock decline appears unrelated to fundamentals, suggesting it may be temporary. The technology could open significant market opportunities in post-conflict mine clearance, particularly given extensive contamination in Ukraine and other conflict zones.

05/19/2026, 12:07 PM • The Motley Fool

Safe Pro Successfully Completes U.S. Army Exercise Featuring Rapid Threat Detection in Active Minefields Powered by Patented AI Edge Processing Using Drones

Safe Pro Group Inc. (NASDAQ: SPAI) announced the successful completion of a U.S. Army live fire exercise where its patented AI technology was used to rapidly detect mines in active minefields using drone imagery. The company's NODE-X edge processing system demonstrated real-time threat detection capabilities and is scheduled for additional Army exercises in Q2 2026 as the company expands its defense and security solutions.

04/15/2026, 10:00 AM • GlobeNewswire

Global Counter-UAS Interceptor Market Surges Amid Escalating Drone Warfare Threats

The global counter-UAS (unmanned aerial system) interceptor market is experiencing rapid growth, projected to expand from $6-8 billion in the mid-2020s to over $20 billion by 2030, driven by escalating drone warfare threats and the need for advanced defense systems. Key players including ZenaTech, VisionWave, Draganfly, AeroVironment, and Safe Pro Group are advancing counter-drone technologies through manufacturing expansion, government contracts, and innovative defense solutions.

04/02/2026, 9:50 AM • Benzinga

Autonomous Warfare Takes Flight: Military Drone Market Set for Explosive Growth Through 2030

The global military drone market is experiencing rapid expansion, projected to reach $22.81 billion by 2030 from $15.8 billion in 2025. The counter-drone market is expected to grow at 26.5% CAGR to $14.51 billion by 2030. Multiple defense companies are advancing autonomous drone technologies and counter-UAS solutions, including interceptor systems designed to address asymmetric warfare challenges at significantly lower costs than traditional air defense systems.

03/19/2026, 9:50 AM • Benzinga

Global Defense Budgets Surge as Nations Fast-Track AI and Counter-Drone Systems

Global defense spending is accelerating with India increasing its defense budget by 15% to $87 billion and the EU mobilizing $178 billion through its SAFE initiative. Multiple defense technology companies are securing major contracts for counter-drone systems, space-based intelligence, and AI-driven military platforms, with strong international demand driving significant backlog growth.

02/24/2026, 10:36 AM • Benzinga

U.S. Drone as a Service (Daas) Market Is Poised for Strong Growth In 2026 as Technology Vastly Improves

The U.S. Drone-as-a-Service market is projected to grow from $6.3 billion in 2024 to $8.2 billion in 2026, driven by AI, automation, and demand from agriculture, construction, and logistics sectors. The global drone services market is expected to reach $64.96 billion by 2029 and $225.09 billion by 2034. Key growth drivers include precision agriculture, cross-border security, government support, and entertainment industry demand. North America leads with 39.65% market share, while Asia Pacific and South America are fastest-growing regions.

01/08/2026, 9:30 AM • Benzinga

Digital Revolution in Industrial Sectors Continues to Accelerate Demand for The Drone Mapping Market

The drone surveying market is projected to grow from $1.97 billion in 2025 to $11.49 billion by 2035, driven by increasing demand for aerial intelligence and high-precision mapping across agriculture, mining, construction, and environmental monitoring sectors.

10/09/2025, 9:05 AM • Benzinga

Use of Drones for Land Surveying and Mapping Reaching New Levels Becoming a Billion Dollar Opportunity

The global drone surveying market is experiencing significant growth, driven by R&D investments, AI-driven analytics, and increasing demand for high-precision geospatial intelligence across industries like mining, agriculture, and infrastructure.

09/25/2025, 9:15 AM • Benzinga

Billion Dollar Global DaaS Agricultural Drone Market Booming as Demand is Projected to Rise

The agricultural drone market is projected to grow at a 20.1% CAGR through 2032, driven by precision farming needs and the global requirement to increase food production for a growing population. Companies are innovating in AI, cloud technologies, and strategic partnerships to meet market demands.

09/11/2025, 9:15 AM • Benzinga

Global Production Quickly Ramping Up for Drone Industry Specific to Defense and Military Operations

The military drone market is experiencing significant growth, with global market value expected to reach $51.56 billion by 2032. Companies are expanding production capabilities and developing advanced drone technologies for defense and military applications.

08/28/2025, 10:20 AM • Benzinga

U.S. Drone Land Surveying Market Expected to Reach $6.59 Billion By End Of 2033

The global drone land surveying market is projected to grow from $761.1 million in 2023 to $6.59 billion by 2033, with a 24.1% CAGR. Drone surveying services are increasingly demanded across sectors like agriculture, energy, construction, and infrastructure development.

08/14/2025, 9:45 AM • Benzinga

Peers

Statistics

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Day Range
$4.51
$4.90
$4.66
1-Year Range
$2.40
$8.95
$4.66
Latest Close$4.66
Change
-$0.17 (-3.65%)
Volume200,705
Market Cap$96.1M
Shares Outstanding20.6M
Enterprise Value$81.4M

Information as of 06/22/2026

Company Profile

SAFE PRO GROUP INC
SAFE PRO GROUP INC
https://safeprogroup.com
$96.1M
Market Cap
N/A
Net Income
Sector: Industrials
Industry: Aerospace & Defense
18305 Biscayne Boulevard, Aventura, FL, United States, 33160
786 409 4030

Safe Pro Group Inc. provides security and protection products in the United States, Europe, Asia, and the Pacific. The company offers explosive ordinance disposal and unexploded ordinance disposal products; ballistic vests; and body armor, helmets, and ballistic blankets, as well as aerial managed services (drones) for the inspection of radio towers and power grids. It also develops artificial intelligence-powered detection and data analysis, as well as reporting tools for hyper-scalable and cloud-based processing of drone imagery. In addition, the company provides drone solutions for public safety, emergency management, security, critical infrastructure, and other incident response; critical infrastructure inspection utilizing visual and/or IR/thermal sensors; data capture, analytics, and processing by machine learning and artificial intelligence to provide data-driven insights and reporting; aerial mapping of ground-based infrastructure and other targeted assets; UAS-related training and consultation services; and other customized and specialized services. It serves critical infrastructure, insurance, public utilities, and telecommunication network operators; state and local/municipal governments and agencies; and police, fire, and other public safety organizations. The company was formerly known as Cybernate Corp. and changed its name to Safe Pro Group Inc. in July 2022. Safe Pro Group Inc. was incorporated in 2021 and is based in Aventura, Florida.

Key Executives

  • Daniyel Erdberg
  • Theresa Carlise
  • Christopher Todd
  • Pravin Borkar
  • Gabriel Steinberg

Current Ownership Distribution

  • Other13.1M (77.56%)
  • Institutions2.7M (16.13%)
  • Insiders572,000 (3.39%)
  • Mutual Funds491,513 (2.92%)