Safe Pro Group Inc. (NASDAQ: SPAI) announced preliminary, unaudited results indicating second-quarter 2026 revenue is expected to exceed $1.3 million, representing year-over-year growth of more than 1,300% from approximately $92,753 in the second quarter of 2025. The company said the increase was driven by multiple U.S. Army subcontract awards for its AI-powered threat detection and mapping software, with additional momentum supported by expanding relationships with defense prime contractors and the deployment of its technology across both drone and autonomous ground vehicle platforms.
Safe Pro said it continues to broaden its government business pipeline through participation in U.S. Army technology evaluation programs while pursuing additional opportunities with other defense customers, including the U.S. Air Force, as well as post-conflict reconstruction initiatives. The company also highlighted a strong balance sheet with no long-term debt and confirmed it completed its board-authorized stock repurchase program during the quarter, buying 637,084 shares in the open market.
Safe Pro Group is a mission-driven technology company delivering AI-enabled security and defense solutions. Through cutting-edge platforms like SPOTD, Safe Pro provides advanced situational awareness tools for defense, humanitarian, and homeland security applications globally. The company is a leading provider of artificial intelligence solutions specializing in drone imagery processing, leveraging commercially available off-the-shelf drones with its proprietary machine learning and computer vision technology to enable rapid identification of explosive threats.
The significant revenue growth underscores the increasing demand for AI-driven defense technologies, particularly in threat detection and mapping. Safe Pro's focus on government contracts, including ongoing evaluations with the U.S. Army and Air Force, positions the company to capitalize on post-conflict reconstruction efforts and modernized military operations. The strong balance sheet and share repurchase program reflect management's confidence in the company's financial stability and future prospects.
For more information on Safe Pro Group Inc., visit https://safeprogroup.com. The latest news and updates relating to SPAI are available in the company’s newsroom at http://ibn.fm/SPAI.
