Safe Pro Group receives $14 million investment from Ondas Holdings
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Safe Pro Group Inc. (NASDAQ: SPAI) announced it has entered into definitive agreements for a $14 million strategic investment led by Ondas Holdings Inc. (NASDAQ: ONDS), according to a company press release.
The private placement involves the sale of two million shares of Safe Pro common stock. The transaction is expected to close on or about October 22, 2025, subject to customary closing conditions. This follows an earlier investment made by Ondas into Safe Pro Group alongside other strategic investors in August.
Safe Pro Group develops AI-powered computer vision and threat detection systems for defense and security applications. The company's technology processes drone imagery to detect landmines and unexploded ordnance, creating high-resolution maps without requiring internet connectivity.
The company's SPOTD NODE system provides real-time AI analysis of drone video and imagery. According to the press release, the technology has been built on over 2 million drone images and has delivered over 36,000 detections while mapping over 9,166 hectares.
"This additional investment by Ondas serves as further validation of our capabilities to leverage AI and drones to enhance soldier safety and humanitarian missions globally," said Dan Erdberg, Chairman and CEO of Safe Pro Group.
Ondas Holdings provides autonomous drone solutions and private wireless technology through its business units. Eric Brock, Chairman and CEO of Ondas Holdings, stated that the investment reflects confidence in the growing role of AI and autonomy in defense and humanitarian operations.
Northland Capital Markets acted as financial advisor to the transaction. The proceeds are intended to accelerate development and integration of Safe Pro's AI systems for deployment in U.S. and international defense and humanitarian markets.
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