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 AI-enabled security and defense solutions. Safe Pro’s platform, built on Amazon Web Services, uses machine learning and computer vision to rapidly identify explosive threats from drone imagery, offering a safer and more efficient alternative to traditional methods. The company’s technology is deployed across commercial, government, law enforcement, and humanitarian sectors.
Investors and industry observers will be watching to see if Safe Pro can sustain its growth trajectory as it expands its government contracts and explores new markets. The company’s strong balance sheet and lack of long-term debt provide financial flexibility to support future initiatives. For more information, visit the company’s newsroom at http://ibn.fm/SPAI.
