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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
AVENTURA, Fla., Aug. 20, 2025 (GLOBE NEWSWIRE) -- via IBN -- Safe Pro Group Inc. (Nasdaq: SPA...
About this update from Sparc Ai Inc.
[{"type":"text","content":"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 GrowthInvestment Broadens Opportunities in FY26 $30 Billion U.S. Defense Drone and AI Markets\n\n\n\n AVENTURA, Fla., Aug. 20, 2025 (GLOBE NEWSWIRE) -- via IBN --\n \n Safe Pro Group Inc.\n \n (Nasdaq: SPAI) (“Safe Pro” or the “Company”), a leader in artificial intelligence (AI)-powered defense and security solutions, today announced that it has entered into definitive agreements for a private placement with strategic investors including Ondas Holdings Inc. (Nasdaq: ONDS) and Unusual Machines Inc. (NYSE: UMAC), two leaders in the U.S. drone industry.\n \n\n\n To view a video on Safe Pro's AI capability in the field, click here.\n \n\n\n The private placement consists of the sale of 2,000,000 shares of common stock at a price of $4.00 per share and warrants to purchase 2,000,000 shares of common stock at an exercise price of $6.00 per share, for a potential investment package of up to $20 million. The investment is expected to provide the financial strength and strategic relationships to accelerate commercialization of Safe Pro’s patented AI technologies, including its Safe Pro Object Threat Detection (SPOTD) and newly developed Navigation Observation Detection Engine (NODE). The closing of the offering is expected to occur on or about August 20, 2025, subject to the satisfaction of customary closing conditions.\n \n\n\n Safe Pro’s patented platform\n \n has already been\n \n recognized by the U.S. Army\n \n and is positioned to capitalize on the Senate Appropriations Committee’s proposed $617 million increase in funding for small, unmanned aircraft systems (SUAS), as well as the recently passed One Big Beautiful Bill Act (OBBBA) which allocates up to $30 billion in new drone and AI spending.\n \n\n The SPOTD NODE provides real-time AI analysis of drone video and imagery directly at the tactical edge. Designed alongside military end-users, the SPOTD NODE rapidly detects landmines and more than 150 types of unexploded ordnance (UXO) and creates high definition 2D/3D maps without requiring an internet connection. Built on over 1.7 million drone images and utilized in battlefield operations in ...