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Safe Pro Group secures extended U.S. government subcontract for AI Edge Processing support.

Market News
18 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Safe Pro Group Inc. has received an additional subcontract modification from a U.S. Government Prime Contractor to extend support for its AI Edge Processing solution, initially awarded $1 million in Q1. This extension highlights the government's continued trust in Safe Pro's AI-enabled defense and security technologies, which enhance situational awareness and threat detection using drone imagery and machine learning. The company's scalable AI platform targets multiple sectors including defense, humanitarian, and law enforcement, promising safer and more efficient operations. This development may lead to further government contracts and expanded use of AI in security applications.

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Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...

Market News
Bullish
1 hour ago
Frasers Group delays guidance amid takeover bids and reports 4% profit drop

Frasers Group delays guidance amid takeover bids and reports 4% profit drop

Frasers Group PLC has withheld financial guidance for the upcoming year due to uncertainty around its takeover bids for Hugo Boss and Accent Group. The retailer's full-year adjusted profit before tax fell 4% to £538 million, impacted by asset impairm...

Company Fundamentals
Bearish
4 hours ago
Ethereum outperforms Bitcoin amid early large-cap rotation in crypto markets.

Ethereum outperforms Bitcoin amid early large-cap rotation in crypto markets.

Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...

Market News
Neutral
4 hours ago
Gabriel sells its European FurnMaster furniture business to Leggett & Platt for about EUR 9 million

Gabriel sells its European FurnMaster furniture business to Leggett & Platt for about EUR 9 million

Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...

Company Fundamentals
Bullish
4 hours ago
Bitcoin crowdfunding offers direct aid to crisis zones where traditional platforms fail due to banking restrictions.

Bitcoin crowdfunding offers direct aid to crisis zones where traditional platforms fail due to banking restrictions.

A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...

Market News
Bearish
4 hours ago
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