Safe Pro Group Inc. (NASDAQ: SPAI) has been initiated with a Buy rating by Litchfield Hills Research, setting a price target of $8.00, which suggests a potential upside of over 160% from its recent closing price of $3.06. The Florida-based company's SpotlightAI(TM) platform, which utilizes AI to detect landmines and unexploded ordnance from drone-captured imagery, has been field-tested in Ukraine for more than two years. This technology not only underscores Safe Pro's innovative approach to security and threat detection but also its commitment to humanitarian efforts.
The company's revenue has seen a remarkable 140% growth over the past twelve months, a testament to the increasing demand for its AI-powered solutions in defense, homeland security, and humanitarian applications. Safe Pro is also exploring funding opportunities linked to the U.S. One Big Beautiful Bill Act and has filed patent applications in 47 international jurisdictions for its AI threat detection technology, further solidifying its position in the global market.
For investors and industry observers, the Buy rating and significant price target from Litchfield Hills Research highlight the potential of Safe Pro's technology to revolutionize threat detection and security measures. The company's growth trajectory and international patent filings indicate a robust future, making it a noteworthy player in the AI and security technology sectors.
