Safe Pro Group Authorizes $3 Million Share Buyback Program Citing AI Defense Platform Growth

Safe Pro Group Inc. (NASDAQ: SPAI) announced its board of directors has authorized a share repurchase program of up to $3 million of the company's outstanding common stock over the next year. The company cited confidence in its strategy, AI-enabled defense and security technology platform, and long-term growth opportunities as reasons for the authorization.

The repurchases may be made from time to time based on market conditions and other considerations through open-market or privately negotiated transactions and other permitted methods. The program will be funded by existing cash, cash equivalents, or future cash flows while maintaining financial flexibility to support organic growth and strategic initiatives.

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 that leverages commercially available drones with proprietary machine learning and computer vision technology.

This technology enables rapid identification of explosives threats, providing a safer and more efficient alternative to traditional human-based analysis methods. Built on a cloud-based ecosystem and 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 Safe Pro AI software, Safe-Pro USA protective gear and Airborne Response drone-based services work in synergy to deliver safety and operational efficiency.

The share repurchase announcement comes as the company positions itself in growing defense and security technology markets. The latest news and updates relating to SPAI are available in the company's newsroom at http://ibn.fm/SPAI. The full press release about the share repurchase program can be viewed at https://ibn.fm/SXrYj.

This development is significant for investors and the defense technology sector as it demonstrates management's confidence in the company's financial position and growth prospects. Share repurchase programs typically indicate that a company believes its stock is undervalued and that returning capital to shareholders through buybacks represents a good use of corporate funds. For Safe Pro Group, this move suggests optimism about the adoption of its AI-enabled defense solutions across government and commercial markets.

The defense technology sector has seen increased investment in recent years as governments worldwide modernize their security capabilities. Safe Pro Group's focus on AI-driven drone imagery processing addresses critical needs in explosives detection and situational awareness, areas of growing importance in both military and civilian security applications. The company's cloud-based platform built on AWS infrastructure provides scalability that could support expansion into new markets and applications.

While the $3 million repurchase program represents a vote of confidence from management, investors will be watching how the company balances capital return with continued investment in its growth initiatives. The mention of maintaining financial flexibility to support organic growth and strategic initiatives suggests a measured approach to capital allocation. As defense budgets evolve and technology plays an increasingly important role in security operations, companies like Safe Pro Group that combine artificial intelligence with practical defense applications may be well-positioned for future growth.