Safe Pro rises on receiving first patent for drone imagery technology

Safe Pro

20/11/2024 13:37

** Drone image processing software maker Safe Pro's  SPAI.O 
shares rise 14.8% to $2.64 in premarket trading
    ** Co received first patent from USPTO to detect and locate
explosives utilizing image analysis powered by artificial
intelligence
    ** Also secured IP protection for all 21 claims made in the
patent, which is valid until 2043
    ** SPAI's cloud-based platform utilizing machine learning to
identify landmine and unexploded ordnance in drone imagery
currently deployed in Ukraine
    ** Co closed its IPO of ~1 mln shares at $5/share in August

 (Reporting by Rishi Kant in Bengaluru)
 ((Rishi.Kant@thomsonreuters.com))