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Safe Pro Enters into Multi-Year MOU with a U.S. Government Prime Contractor Focused on U.S., European and NATO Contracts
Safe Pro Secures Purchase Order for Real-World Landmine and Unexploded Ordnance Imagery in Support of U.S. Government Subcontractor AVENTURA, Fla.--(BUSINESS
About this update from Safe Pro Group Inc.
[{"type":"text","content":"\nSafe Pro Secures Purchase Order for Real-World Landmine and Unexploded Ordnance Imagery in Support of U.S. Government Subcontractor\n\n\n AVENTURA, Fla.--(BUSINESS WIRE)--\nSafe Pro Group Inc. (Nasdaq: SPAI) (“Safe Pro” or the “Company”), a leading provider of artificial intelligence (AI) solutions specializing in drone imagery processing, today announced that it has entered into a memorandum of understanding (“MOU”) with a new U.S. prime contractor (“the Prime Contractor”) focused on the development of novel threat detection solutions for domestic and international Government stakeholders.\n\n\nThe Prime Contractor currently provides a full range of hardware and software engineering services to defense, civilian, and commercial customers worldwide and holds multiple Government-wide Acquisition Contracts (GWACs), Multiple Award Contracts (MACs) and stand-alone Indefinite Delivery, Indefinite Quantity (IDIQ) contracts from government and defense agencies. Through the newly signed MOU, Safe Pro will collaborate with the Prime Contractor to pursue U.S., E.U. and NATO related contracts as well as Government-funded Research and Development opportunities built on its patented artificial intelligence (AI)-powered drone imagery processing technology. The MOU also includes the potential to jointly develop and market new products and technologies to government end users.\n\n\n“We are honored to collaborate with this Prime Contractor on the further application of our AI-powered image analysis technology, applying it to a number of critical global challenges. Building upon the Prime Contractor’s decades of technical expertise and well-established reputation in government contracting, we believe today’s MOU will result in a mutually beneficial relationship as we work on a shared commitment to support our Government and our allied security forces around the world,” said Dan Erdberg, Chairman and CEO of Safe Pro Group Inc.\n\n\nAdditionally, the Company reported that it has recently received a purchase order (P.O.) for the sale of real-world landmine and unexploded ordnance (UXO) imagery from a U.S. subcontractor that will be fulfilled by its Safe Pro AI artificial intelligence subsidiary. The term is for up to five months of tasking to provide UXO imagery.\n\n\nThe Company’s patented AI-powered image analysis technology called SpotlightAI™,...