Safe Pro Group Inc (NASDAQ: SPAI) is a defense and public safety technology company that develops AI-powered landmine and unexploded ordnance detection software, provides drone-based aerial services, and manufactures personal ballistic protective equipment. Revenue comes from software subscriptions, drone services contracts, and product sales of EOD and PPE gear. The company's primary AI product, SpotlightAI, is sold on a subscription basis to customers conducting humanitarian demining and battlefield clearance operations, while its subsidiary Airborne Response Corp. holds long-term services contracts with power utilities and law enforcement agencies. A significant portion of anticipated revenue is expected to derive from U.S. Government and government-related entities, including the U.S. Department of Defense. As of March 2026, SpotlightAI, powered by AWS, had processed over 2.4 million drone images and detected over 45,000 explosive threats in Ukraine. The company maintains a fleet of eleven drones through Airborne Response Corp. as of the 10-K filed March 31, 2026 (FY2025).
- Revenue model
- Three revenue streams: (1) web-based subscription access to SpotlightAI software for drone image processing and threat detection; (2) drone services contracts with enterprise customers including power utilities and law enforcement agencies; (3) transactional product sales of ballistic protection EOD and PPE gear, with access to Federal, State, and Local government buyers via a GSA Multiple Award Schedule contract awarded July 2023.
- Products and services
- SpotlightAI (AI/ML computer vision software for landmine and UXO detection, subscription-based, cloud or local deployment); Airborne Response drone services including infrastructure inspection and Drone as a First Responder (DFR) for public safety; Safe-Pro USA ballistic protection products including EOD suits and personal protective equipment sold under a GSA Multiple Award Schedule contract.
- Customers and end markets
- U.S. Government and government-related entities including the Department of Defense; Federal, State, and Local agencies purchasing through GSA Schedule; enterprise customers including Florida Power & Light, Citizens Property Insurance Corporation, and Motorola Solutions under long-term contracts; a city police department in South Florida under a DFR contract; humanitarian demining organizations operating in conflict and post-conflict zones including Ukraine.
- Value-chain role
- Technology developer and product manufacturer positioned between end customers and field operations. Provides software, drone services, and protective gear as an integrated solution covering threat detection, area survey, and operator protection for landmine clearance and public safety applications.
- Geographic exposure
- Primarily United States-based operations. International deployment of SpotlightAI in Ukraine as of March 2026. U.S. export regulations including ITAR and EAR apply to product and technology sales. SpotlightAI code executed on servers located in the United States.
Source: SEC 10-K, filed 2026-03-31
Industry:
Orthopedic, Prosthetic & Surgical Appliances & Supplies