What's Going On With Safe Pro Group Shares Wednesday?
Portfolio Pulse from Dylan Berman
Safe Pro Group Inc. (NASDAQ:SPAI) shares rose after receiving a Notice of Allowance from the USPTO for their SpotlightAI technology, which uses machine learning to detect explosives. The company is also seeking global patent protection.
September 18, 2024 | 3:59 pm
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POSITIVE IMPACT
Safe Pro Group's stock increased by 16.8% following the USPTO's Notice of Allowance for their SpotlightAI technology, which enhances their IP value. The company is also pursuing global patent protection.
The USPTO's Notice of Allowance is a significant step towards securing a formal patent for Safe Pro Group's SpotlightAI technology, which is likely to enhance the company's intellectual property value. The pursuit of global patent protection further strengthens their market position. This news has positively impacted SPAI's stock price, indicating investor confidence in the company's future prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100