Safe Pro Group (SPAI) Sees 200+% Year-Over-Year Increase in Q4

November 19, 2024 8:03 AM EST

Safe Pro Group Inc. (Nasdaq: SPAI) today announced that it expects 200+% year-over-year revenue increase for the fourth quarter driven by record monthly revenue in October in excess of $650,000. The increase is largely due to a significant uptick in activity in its drone services business in response to a series of major hurricanes and storms which impacted the southeastern United States.

“As we approach the close of 2024, a year marked by significant progress for Safe Pro Group, we are witnessing positive developments across our entire portfolio, with increasing domestic and international interest in our AI-driven technology,” said Dan Erdberg, Chairman and CEO of Safe Pro Group Inc. “We are particularly excited about the emerging trends in our drone services and ballistic businesses in the United States. Looking ahead to 2025, we are confident that the Company will experience strong growth, continuing to deliver value to both our customers and shareholders.”

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.



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