Safe Pro Group has announced a private placement of up to $20 million, with investments from Ondas Holdings and Unusual Machines. The company will sell 2 million shares at $4 each and warrants for 2 million shares. The deal is subject to regulatory approval and is expected to close within a few days.
Safe Pro Group Inc. (Nasdaq: SPAI), a leader in artificial intelligence (AI)-powered defense and security solutions, has announced a private placement of up to $20 million. The company will sell 2 million shares of common stock at $4.00 per share and warrants to purchase 2 million shares at an exercise price of $6.00 per share. The deal is expected to close on or about August 20, 2025, subject to the satisfaction of customary closing conditions.
The private placement includes strategic investments from Ondas Holdings Inc. (Nasdaq: ONDS) and Unusual Machines Inc. (NYSE: UMAC), two leaders in the U.S. drone industry. The investment is expected to provide Safe Pro with the financial strength and strategic relationships necessary to accelerate the commercialization of its patented AI technologies, including the Safe Pro Object Threat Detection (SPOTD) and the newly developed Navigation Observation Detection Engine (NODE).
The SPOTD NODE provides real-time AI analysis of drone video and imagery directly at the tactical edge, designed alongside military end-users to rapidly detect landmines and over 150 types of unexploded ordnance (UXO), as well as create high definition 2D/3D maps without requiring an internet connection. Built on over 1.7 million drone images and utilized in battlefield operations in Ukraine, Safe Pro’s AI image processing technology has already delivered over 31,000 detections and mapped over 7,800 hectares.
The deal aligns with the proposed $617 million increase in funding for small, unmanned aircraft systems (SUAS) by the Senate Appropriations Committee and the recently passed One Big Beautiful Bill Act (OBBBA) which allocates up to $30 billion in new drone and AI spending. This funding will support the development and deployment of Safe Pro’s cutting-edge technologies.
The investment from Ondas Holdings and Unusual Machines underscores the growing demand for advanced AI solutions in the drone industry. Eric Brock, Chairman and CEO of Ondas Holdings, stated, “Ondas is proud to collaborate with Safe Pro to bring next-generation computer vision AI to the unmanned systems industry. This investment reflects our mission to support a broader ecosystem that can enhance our drone solutions serving both military and commercial markets worldwide.” Dr. Allan Evans, Chairman and CEO of Unusual Machines, added, “Unusual Machines is committed to building out and strengthening America’s Blue UAS industrial drone ecosystem with technologies that deliver real-world advantages. By supporting Safe Pro’s NODE and AI capabilities, we are helping accelerate the removal of landmines from conflict zones around the world and ensuring America maintains leadership in the expanding global drone industry.”
Dan Erdberg, Chairman and CEO of Safe Pro Group, commented, “This strategic investment and relationship with Ondas Holdings and Unusual Machines validate Safe Pro’s AI technology leadership and provide the additional resources we need to rapidly scale. Together, we are bringing to market a real-world hardened AI platform that transforms drone operations, protects U.S. soldiers, and advances American technological dominance in the global defense and humanitarian arena.”
Northland Capital Markets and Dawson James Securities, Inc. acted as financial advisors to the transaction.
References:
[1] https://www.globenewswire.com/news-release/2025/08/20/3136366/0/en/Safe-Pro-Group-Announces-8-0-Million-Private-Placement-Including-Strategic-Investment-from-Drone-Industry-Leaders-Ondas-Holdings-and-Unusual-Machines-to-Accelerate-Artificial-Intel.html
[2] https://www.marketscreener.com/news/safe-pro-group-announces-8-0-million-private-placement-including-strategic-investment-from-drone-in-ce7c51d2dc8df420
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