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.
The revenue surge underscores the growing demand for Safe Pro's AI-driven solutions in defense and humanitarian applications. The company's platform, built on Amazon Web Services (AWS), enables rapid identification of explosive threats using commercially available drones, offering a safer and more efficient alternative to traditional methods. This technology is critical for post-conflict reconstruction and homeland security, positioning Safe Pro as a key player in the defense tech sector.
Safe Pro Group's focus on AI-enabled security and defense solutions has attracted attention from major defense contractors and government agencies. The company's participation in U.S. Army technology evaluation programs signals continued expansion of its government business, while its strong balance sheet with no long-term debt provides financial stability for future growth.
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.
