Q4 2024 Drone Services Revenue Increasing, Driven by Completion of Over 500 Miles of Critical Power Infrastructure Inspections Following Hurricane Milton
AVENTURA, Fla. — (BUSINESS WIRE) — November 25, 2024 — Safe 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 its Mission Critical Unmanned Solutions® subsidiary, Airborne Response (Airborne), has received a purchase order for a multi-site drone inspection project to be executed in 2025 from a multinational telecommunications firm (the “telecommunications customer”).
Under the terms of the purchase order, Airborne’s uncrewed aircraft systems (UAS) teams will conduct enhanced drone-based aerial inspections and asset management services on behalf of the telecommunications customer. Airborne Response will perform aerial inspections utilizing Skydio, Inc. drones to inspect multiple radio towers used by a municipal South Florida fire & rescue department.
“This award further demonstrates the trust our customers place in our Airborne Response business unit to monitor and ensure the reliability of Florida’s critical infrastructure,” said Dan Erdberg, Chairman and CEO of Safe Pro Group. “Highlighted by the recent completion of over 500 miles of powerline inspections for Florida’s largest electric utility following hurricane Milton, we are pleased by the strong growth in our drone services business in the fourth quarter and look forward to supporting the needs of our customers in 2025.”
Airborne Response customers include leading energy, telecommunications, and insurance firms across Florida. Its flight teams utilize sUAS to help assess the condition of Florida’s power grid and evaluate storm damage to residences. Its emergency drone flight crews were recently deployed by multiple Florida enterprise customers to support the massive hurricane Milton recovery efforts.
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For more information about Airborne Response, please visit airborneresponse.com. If you are a remote pilot available for work, please visit pilots.airborneresponse.com and if you are interested in purchasing a Skydio system or have questions about adding drones to your operations, you can contact Airborne’s team of drone specialists at https://airborneresponse.com/skydio-reseller-new-form/.
To learn more about Safe Pro Group, its subsidiaries, and technologies, please visit https://safeprogroup.com and connect with us on LinkedIn, Facebook and X.
About Safe Pro Group Inc.
Safe Pro Group is a leading provider of artificial intelligence (AI) solutions specializing in drone imagery processing leveraging commercially available “off-the-shelf” drones with its proprietary machine learning and computer vision technology to enable rapid identification of explosives threats, providing a much safer and more efficient alternative to traditional human-based analysis methods. Built on a cloud-based ecosystem and powered by Amazon Web Services (AWS), Safe Pro Group’s scalable platform is targeting multiple markets that include commercial, government, law enforcement and humanitarian sectors where its Safe Pro AI software, Safe-Pro USA protective gear and Airborne Response drone-based services can work in synergy to deliver safety and operational efficiency. For more information on Safe Pro Group Inc., please visit https://safeprogroup.com/.
Forward-Looking Statements
Some of the statements in this press release are forward-looking statements, which involve risks and uncertainties. Forward-looking statements relate to future events, future expectations, plans and prospects. Although Safe Pro Group believes the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. Safe Pro Group has attempted to identify forward-looking statements by terminology including "believes," "estimates," "anticipates," "expects," "plans," "projects," "intends," "potential," "may," "could," "might," "will," "should," "approximately" or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, including market and other conditions. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the Securities and Exchange Commission (the “SEC”), copies of which may be obtained from the SEC’s website at www.sec.gov. Any forward-looking statements contained in this press release speak only as of its date. Safe Pro Group undertakes no obligation to update any forward-looking statements contained in this press release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events, except as required by law.
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