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Lantronix and Safe Pro Group Launch Partnership to Advance AI-Driven Edge Intelligence for Defense and Autonomous Systems
Globenewswire· 2026-01-27 12:00
Joint Development of Qualcomm-Based Edge Compute Solutions Delivers Real-Time, On-Device Threat Detection for Drones and Unmanned Systems (UAS) — Without Reliance on the CloudIRVINE, Calif., Jan. 27, 2026 (GLOBE NEWSWIRE) -- Lantronix Inc. (Nasdaq: LTRX), a global leader in compute and connectivity IoT solutions powering Edge AI applications, today announced a Memorandum of Understanding (MOU) and a Master Services Agreement (MSA) with Safe Pro Group Inc. (Nasdaq: SPAI) (“Safe Pro”), a developer of AI-enabl ...
Safe Pro Selected to Present its Patent AI Demining Technology in Support of Ukraine's Reconstruction at the Society of American Military Engineers Kyiv Conference
Globenewswire· 2026-01-14 13:01
Core Viewpoint - Safe Pro Group Inc. has been invited to present its AI-powered demining technology at a panel in Kyiv, highlighting its role in Ukraine's recovery and reconstruction efforts following over three years of operational support in the region [1][2]. Group 1: Company Overview - Safe Pro Group Inc. specializes in AI-enabled defense, security, and situational awareness solutions, focusing on humanitarian demining efforts in Ukraine [1][10]. - The company has developed the SpotlightAI™ technology, which has shown significant operational and financial impacts in demining efforts [2][3]. - Safe Pro's SPOTD AI platform analyzes imagery from drones to detect and classify explosive threats, enhancing situational awareness in high-risk areas [7][8]. Group 2: Study Findings - An 18-month field study revealed productivity improvements exceeding 800% and a detection rate of over 550% more unexploded ordnance (UXO) per hectare compared to traditional methods [3]. - The results indicate potential for lower costs, faster land release, and economic benefits from increased agricultural and mineral production [3]. Group 3: Event Context - The conference in Kyiv is part of a broader initiative to address Ukraine's estimated $800 billion reconstruction needs, with funding expected from various sources including the U.S.-Ukraine Reconstruction Investment Fund [5][6]. - The event will gather senior representatives from Ukrainian government institutions and international organizations to discuss critical infrastructure challenges [4]. Group 4: Operational Presence - Safe Pro has maintained a presence in Ukraine for three years, collaborating with the Ministry of Defense and various humanitarian organizations [6]. - The company has established relationships with stakeholders in agriculture, transportation, and natural resource development, which are vital for Ukraine's post-conflict recovery [6].
Safe Pro Unveils AI-Powered Threat Detection and Mapping Algorithms for GPS Denied Drone Operations for U.S. Army Exercises
Businesswire· 2025-12-22 13:02
Core Insights - Safe Pro Group Inc. has upgraded its AI algorithms for the Safe Pro Object Threat Detection (SPOTD) technology, enhancing its capabilities for drone operations in GPS-denied environments [1][2][3] - The enhanced SPOTD will be showcased at the U.S. Army 2026 Concept Focused Warfighter Experiment technology demonstration at Fort Hood, Texas [1][2] - The SPOTD technology is designed to identify and map small explosive threats, such as landmines and ambush drones, using drone-collected video data [2][4] Company Overview - Safe Pro Group Inc. (NASDAQ: SPAI) specializes in AI-enabled security and defense solutions, providing advanced situational awareness tools for military, humanitarian, and homeland security applications globally [5][7] - The company leverages proprietary machine learning and computer vision technology to process drone imagery, enhancing operational efficiency and safety [5][7] Technology Enhancements - The SPOTD technology utilizes over 2.2 million analyzed drone images and has identified more than 41,400 threats across 11,400 hectares (over 28,000 acres) [4] - Key enhancements include the ability to process any drone video data into 2D and 3D models, operational robustness in GPS-denied environments, and accelerated processing times of up to 10 times faster due to proprietary geospatial AI algorithms [6][7] - The technology supports terrain modeling for unmanned ground vehicles (UGVs) and rapid mapping for intelligence, surveillance, and reconnaissance (ISR) missions [6]
Safe Pro Group Announces $8.0 Million Private Placement Including Strategic Investment from Drone Industry Leaders Ondas Holdings and Unusual Machines to Accelerate Artificial Intelligence Growth
Globenewswire· 2025-08-20 12:07
Core Viewpoint - Safe Pro Group Inc. has secured a private placement with strategic investors to enhance its AI-powered defense solutions, particularly in the drone market, which is projected to grow significantly due to increased government funding and new legislation [1][4]. Company Summary - Safe Pro Group Inc. is a leader in AI-enabled defense and security solutions, focusing on drone imagery processing and advanced situational awareness tools for various sectors including defense and humanitarian applications [8][9]. - The company has developed patented technologies such as the Safe Pro Object Threat Detection (SPOTD) and the Navigation Observation Detection Engine (NODE), which are designed to improve operational efficiency in military and commercial markets [3][5]. Investment Details - The private placement involves the sale of 2,000,000 shares at $4.00 per share, along with warrants for an additional 2,000,000 shares at an exercise price of $6.00, potentially raising up to $20 million [3]. - This investment is expected to strengthen Safe Pro's financial position and facilitate the commercialization of its AI technologies [3]. Market Context - The U.S. Senate Appropriations Committee has proposed a $617 million increase in funding for small unmanned aircraft systems (SUAS), alongside the One Big Beautiful Bill Act (OBBBA) which allocates up to $30 billion for new drone and AI spending [4]. - The global drone accessories market is currently valued at $17.5 billion and is projected to exceed $115 billion by 2032, indicating a robust growth trajectory for the industry [11]. Strategic Partnerships - Safe Pro has partnered with Ondas Holdings Inc. and Unusual Machines Inc., both leaders in the drone industry, to enhance its technological capabilities and market reach [1][6]. - These partnerships aim to accelerate the development and deployment of advanced AI solutions in the unmanned systems sector, contributing to the removal of landmines and enhancing U.S. leadership in the global drone market [6].