Safe Pro Group Inc. (NASDAQ: SPAI), known for its AI-powered drone imagery solutions aimed at defense and security applications, has been awarded a Buy rating and an $8 price target by Litchfield Hills Research. Analyst Theodore R. O’Neill pointed to the company's patented mine detection technology, which has demonstrated effectiveness in Ukraine, as a contemporary alternative to conventional demining techniques. The SpotlightAI(TM) platform, with its capability to identify threats in less than 0.2 seconds and having analyzed over 1.6 million drone images, stands out for its efficiency and scalability.
The company's operations span across Safe Pro AI, Airborne Response, and Safe-Pro USA, serving a broad clientele from Florida Power & Light to humanitarian groups in Ukraine. The enactment of the One Big Beautiful Bill Act, which earmarks $33 billion for AI and drone technologies, places SPAI in a favorable position to capitalize on augmented federal funding. Projections of $12.5 million in revenue by 2026 and achieving breakeven by the end of the year highlight the company's growth trajectory.
O’Neill's $8 price target derives from a discounted earnings model, taking into account expected revenue growth bolstered by significant insider ownership and a distinctive technological edge. Safe Pro Group's AI ecosystem, featuring its SPOTD and SpotlightAI platforms, provides scalable image processing for diverse uses, establishing the firm as a significant entity in the autonomous surveillance and threat detection sector. For more information, visit https://ibn.fm/RhDqv.
