Safe Pro (SPAI) announced that it has entered into definitive agreements for a $14M strategic investment led by Ondas (ONDS). The private placement consists of the sale of $2M shares of Safe Pro common stock. Proceeds are expected to accelerate and expand development and integration of Safe Pro’s AI-powered computer vision and threat detection systems for deployment in U.S. and international defense and humanitarian markets. The closing is expected to occur on or about October 22, subject to customary closing conditions. This private placement follows an earlier investment made by Ondas into Safe Pro Group along-side other strategic investors in August.
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