SafeSpace Global Corporation Transitions from Pre-Revenue to Active Revenue Generation with Eight Contracted Senior Living Facility Installations

Core Insights - SafeSpace Global Corporation has transitioned from a pre-revenue stage to generating recurring monthly revenue through the deployment of its AI-powered safety technology in eight senior living facilities as of February 2026 [1][3][10] Revenue Commencement and Contract Portfolio - The company has executed eight service contracts with senior living facility operators, marking a significant operational milestone and confirming the successful development and implementation of its product [3][4] - These contracts represent real revenue from actual deployments, with facilities now utilizing the technology in daily operations and compensating the company on a recurring monthly basis [4][11] Technology Overview - SafeSpace Global's platform utilizes proprietary AI technology to provide continuous, privacy-aware monitoring, enhancing resident safety without the need for intrusive wearables or alarm systems [5][6] - The system includes critical safety functions such as elopement detection, enhanced visitor management, and accelerated incident investigation and documentation [6][7] Addressing Industry Challenges - The technology addresses significant challenges in the senior living industry, including staffing shortages and regulatory scrutiny, by reducing manual monitoring demands and supporting consistent safety practices [8][9] - Facilities adopting this technology are positioned as leaders in resident safety and care quality, setting a new standard in the industry [12][13] Privacy and Compliance - The platform is designed to meet stringent privacy and security requirements, ensuring HIPAA compliance and incorporating various safeguards for protected health information [9] Growth Trajectory - The transition to active revenue generation is a critical inflection point for the company, with established contracts providing a foundation for future market penetration and revenue growth [10][11]