Safe Pro Group Delivers Full-Year 2024 Guidance with Record-Breaking Revenue Surging 130+% to Over $2 Million
Safe Pro Group (NASDAQ: SPAI) has announced its expected financial performance for fiscal year 2024, projecting record-breaking revenue growth of over 130% compared to 2023. The company's fourth quarter showed exceptional performance with a 200+% revenue increase compared to the same period last year.
The growth was driven by strong sales across the company's three main business segments: mission-critical drone services, ballistic products, and artificial intelligence solutions. Notably, the company's AI platform has demonstrated significant operational success in Ukraine, where it has identified over 16,000 mines and explosive items. The company plans to file its Annual Report on Form 10-K by March 31, 2025.
Safe Pro Group (NASDAQ: SPAI) ha annunciato le sue previsioni finanziarie per l'anno fiscale 2024, prevedendo una crescita record dei ricavi di oltre il 130% rispetto al 2023. Il quarto trimestre della società ha mostrato un'eccezionale performance con un incremento dei ricavi superiore al 200% rispetto allo stesso periodo dell'anno scorso.
La crescita è stata sostenuta da forti vendite nei tre principali segmenti di business dell'azienda: servizi drone critici per la missione, prodotti balistici e soluzioni di intelligenza artificiale. In particolare, la piattaforma AI della società ha dimostrato un significativo successo operativo in Ucraina, dove ha identificato oltre 16.000 mine e oggetti esplosivi. L'azienda prevede di presentare il suo Rapporto Annuale sul Modulo 10-K entro il 31 marzo 2025.
Safe Pro Group (NASDAQ: SPAI) ha anunciado su rendimiento financiero esperado para el año fiscal 2024, proyectando un crecimiento récord de ingresos de más del 130% en comparación con 2023. El cuarto trimestre de la compañía mostró un rendimiento excepcional con un incremento de ingresos superior al 200% en comparación con el mismo periodo del año pasado.
El crecimiento fue impulsado por fuertes ventas en los tres principales segmentos de negocio de la empresa: servicios de drones críticos para la misión, productos balísticos y soluciones de inteligencia artificial. En particular, la plataforma de IA de la empresa ha demostrado un éxito operativo significativo en Ucrania, donde ha identificado más de 16.000 minas y objetos explosivos. La compañía planea presentar su Informe Anual en el Formulario 10-K antes del 31 de marzo de 2025.
세이프 프로 그룹(Safe Pro Group (NASDAQ: SPAI))은 2024 회계연도의 예상 재무 성과를 발표했으며, 2023년에 비해 130% 이상의 기록적인 수익 성장을 예고했습니다. 회사의 4분기는 작년 같은 기간에 비해 200% 이상의 수익 증가를 보여주며 특별한 성과를 나타냈습니다.
성장은 회사의 세 가지 주요 사업 부문: 임무 필수 드론 서비스, 발리스틱 제품, 인공지능 솔루션에서의 강력한 판매에 의해 추진되었습니다. 특히 회사의 AI 플랫폼은 우크라이나에서 운영상의 큰 성공을 거두었으며, 여기서 16,000개 이상의 지뢰와 폭발물을 확인했습니다. 회사는 2025년 3월 31일까지 10-K 양식으로 연례 보고서를 제출할 계획입니다.
Safe Pro Group (NASDAQ: SPAI) a annoncé ses performances financières attendues pour l'exercice 2024, prévoyant une croissance record des revenus de plus de 130% par rapport à 2023. Le quatrième trimestre de l'entreprise a montré des performances exceptionnelles avec une augmentation des revenus de plus de 200% par rapport à la même période l'année dernière.
Cette croissance a été impulsée par des ventes solides dans les trois principaux segments d'activité de l'entreprise : services de drones critiques pour la mission, produits balistiques et solutions d'intelligence artificielle. Notamment, la plateforme d'IA de l'entreprise a démontré un succès opérationnel significatif en Ukraine, où elle a identifié plus de 16 000 mines et objets explosifs. L'entreprise prévoit de soumettre son rapport annuel sur le formulaire 10-K d'ici le 31 mars 2025.
Safe Pro Group (NASDAQ: SPAI) hat seine erwartete finanzielle Leistung für das Geschäftsjahr 2024 bekannt gegeben und prognostiziert ein rekordverdächtiges Umsatzwachstum von über 130% im Vergleich zu 2023. Das vierte Quartal des Unternehmens zeigte eine außergewöhnliche Leistung mit einem Umsatzanstieg von über 200% im Vergleich zum gleichen Zeitraum des Vorjahres.
Das Wachstum wurde durch starke Verkaufszahlen in den drei Hauptgeschäftssegmenten des Unternehmens vorangetrieben: mission-critical Drohnendienste, ballistische Produkte und KI-Lösungen. Besonders bemerkenswert ist, dass die KI-Plattform des Unternehmens in der Ukraine signifikanten operativen Erfolg erzielt hat, wo sie über 16.000 Minen und explosive Gegenstände identifiziert hat. Das Unternehmen plant, seinen Jahresbericht in Form 10-K bis zum 31. März 2025 einzureichen.
- Record-breaking annual revenue growth exceeding 130% for fiscal 2024
- Fourth quarter revenue increase of over 200% year-over-year
- AI platform successfully detected 16,000+ mines and explosives in Ukraine
- None.
Insights
Safe Pro Group's projected
The company's AI-driven mine detection technology, having identified over 16,000 explosive items in Ukraine, showcases real-world validation of their technology stack. This operational success in a conflict zone provides a compelling proof-of-concept for potential military contracts. The diversified revenue streams across drone services, ballistic protection and AI solutions reduce single-segment risk exposure, though the relatively small revenue base indicates the company is still in its early growth phase.
The planned 10-K filing by March 2025 will be important for investors to assess profitability metrics, cash burn rate and detailed segment performance, which are currently absent from this preliminary guidance.
The identification of 16,000 mines and explosive devices in Ukraine represents significant operational validation of Safe Pro's AI technology in actual combat conditions. This real-world deployment success is particularly valuable in the defense sector, where proven battlefield effectiveness often leads to expanded contract opportunities with military and security organizations.
The company's integrated approach combining drone services with AI-powered analysis addresses a critical capability gap in modern warfare - autonomous threat detection and classification. The ballistic protection segment complements this offering, positioning Safe Pro as a comprehensive security solutions provider. The
Record-Breaking Revenue Driven by Increased Sales Activity Across the Company’s Drone Services, Ballistic Protection and Artificial Intelligence Solutions Portfolio
“I am extremely proud of our growth and of the impact our organization made in 2024 as we continue to build long-term customer relationships in the US and with our allies. Our revolutionary and patented software ecosystem has been battle tested in
The Company expects to file its Annual Report on Form 10-K with the Securities and Exchange Commission for the year ended December 31, 2024, on or before March 31, 2025.
For more information 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
Forward-Looking Statements
Some of the statements in this press release are forward-looking statements, which involve risks and uncertainties. Forward-looking statements in this press release include, without limitation, the Company’s revenue projections for its current quarterly period. 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241220108229/en/
Media Relations for Safe Pro Group Inc.:
media@safeprogroup.com
Investor Relations for Safe Pro Group Inc.:
investors@safeprogroup.com
Source: Safe Pro Group Inc.
FAQ
What is Safe Pro Group's (SPAI) projected revenue growth for fiscal 2024?
How many mines and explosive items has SPAI's AI platform detected in Ukraine?
What was SPAI's revenue growth in Q4 2024 compared to Q4 2023?
When will Safe Pro Group (SPAI) file its 2024 Annual Report?
