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 attributed the surge to multiple U.S. Army subcontract awards for its AI-powered threat detection and mapping software, with additional momentum from expanding relationships with defense prime contractors and the deployment of its technology across drone and autonomous ground vehicle platforms.
The revenue jump underscores the growing demand for AI-driven security solutions in defense applications. 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 platforms like SPOTD, Safe Pro provides advanced situational awareness tools for defense, humanitarian, and homeland security applications globally. The company leverages commercially available off-the-shelf drones with its proprietary machine learning and computer vision technology to enable rapid identification of explosive threats, offering a safer and more efficient alternative to traditional human-based analysis methods. Built on a cloud-based ecosystem powered by Amazon Web Services (AWS), Safe Pro Group’s scalable platform targets multiple markets, including commercial, government, law enforcement, and humanitarian sectors.
The company’s stock repurchase program and debt-free balance sheet signal financial discipline and confidence in its growth trajectory. With the U.S. military increasingly adopting autonomous systems and AI for threat detection, Safe Pro’s technology is positioned to play a critical role in modern warfare and post-conflict reconstruction. The expansion of its government contracts, including with the U.S. Air Force, suggests further revenue upside as defense budgets prioritize AI and drone-based solutions.
The latest news and updates relating to SPAI are available in the company’s newsroom at http://ibn.fm/SPAI. For more information on Safe Pro Group Inc., visit https://safeprogroup.com.
