- Safe Pro Group Inc. (Nasdaq: SPAI) expands its Airborne Response services under an existing multi-year contract with a major Florida utility.
- The service extension includes advanced Condition Assessment (CA) services for critical infrastructure, enhancing beyond traditional inspections.
- Potential integration of proprietary AI imaging technology for proactive fault detection is planned, boosting infrastructure assessment capabilities.
Safe Pro Group Inc. (Nasdaq: SPAI), renowned for its innovations in AI-powered defense and security technologies, has announced an expansion of services for its subsidiary, Airborne Response. This expansion builds on an existing multi-year agreement with a major Florida utility, allowing Airborne Response to extend its reach beyond standard visual inspections and hurricane recovery. The newly included services will deliver advanced Condition Assessment (CA) of critical infrastructure, a crucial step in enhancing grid resilience.
Under the new order, Airborne Response is set to offer enhanced drone-based infrastructure assessment services. The company plans to potentially incorporate proprietary AI imaging technology to detect faults proactively across transmission lines, substations, and pole infrastructure. This initiative might be executed through Safe Pro AI unit's patented AI-powered imagery processing technology or through strategic partnerships with third-party solution vendors.
Airborne Response is currently a leading provider in Florida for drone-based critical infrastructure inspections, serving utilities, telecoms, and insurers with real-time, critical insights. CEO Dan Erdberg stated, "This award reflects our enterprise customer’s growing confidence in Airborne Response’s industry-leading expertise." This development positions Safe Pro Group to address urgent infrastructure challenges by leveraging data, automation, and intelligence.
The expansion not only signifies a new recurring revenue stream for Safe Pro Group but also represents a strategic move toward technology-enabled services in the infrastructure modernization sector. While specific financial metrics such as contract value or projected revenues were not disclosed, the potential integration of AI technology suggests a promising path towards improved service capabilities and operational margins.
