Safe Pro Group Q2 2024 revenue up 524% to $642,989; net loss widens to $2.36M

Safe Pro Group Inc.

Revenue $642,989, +524% YoY from $103K; sequential growth 114% from Q1 2024.
Net loss $2,358,783 vs $1,214,473 in Q2 2023; gross margin 32.8% (down from 35.8%).
IPO closed Aug 30, 2024: 1,020,000 shares at $5.00, raised $5.1M gross.
USPTO Notice of Allowance for AI patent covering explosives detection in orthomosaic images.
Completed drone survey in Ukraine under UNDP purchase order; AWS case study published.

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