Safe Pro Group Inc. - Common Stock (SPAI)

Safe Pro Group (NASDAQ: SPAI) reported second-quarter 2026 revenue of approximately $1.33 million, up 1,336% from $92,753 a year earlier, driven by AI product sales and U.S. government contract activity. Quarterly sales from the company’s AI subsidiary increased more than 3,084% year over year, supported by U.S. Army-contracted sales of its AI-powered Navigation, Observation & Detection Engine (“NODE”) and services and support revenue, while its AI gross margin reached 75%. Safe Pro received four government contracts during the quarter, including work supporting the U.S. Army and a U.S. Air Force Small Business Innovation Research (“SBIR”) award, and received an award from a leading U.S. defense prime contractor to integrate its AI-powered explosive threat detection technology aboard next-generation autonomous unmanned ground vehicles. The company also completed its board-approved stock repurchase program, under which it purchased a total of 637,084 shares in the open market.

Safe Pro’s AI Gross Margins hit 75% for Second Quarter as Interest in its Patented AI-Powered Computer Vision Technologies for Aerial and Ground-Based Military Applications Grows

Safe Pro Group (NASDAQ: SPAI) a developer of artificial intelligence (“AI”)-enabled defense, security and situational awareness solutions, entered into a Cooperative Research and Development Agreement (“CRADA”) with the U.S. Army Engineer Research and Development Center (“ERDC”) to collaborate on AI-powered image analysis. The project will explore the use of AI-powered object detection, uncrewed aerial systems (“UAS”) and sensors to collect and analyze data supporting situational awareness and planning for military and civil applications, including disaster response.

Collaboration Highlights Safe Pro's AI-Powered Analysis for U.S. Army UAS-Enabled Data for Operational, Disaster, and Mission Critical Analysis

Safe Pro Group (NASDAQ: SPAI) announced that total AI-related orders in 2026 have surpassed $5 million in aggregate contract value, driven by government awards for its AI-powered threat detection and mapping solutions, including new government subcontracts received in August. Through early August, Safe Pro has received eight contracts for its AI edge compute and rapid imagery processing technologies for applications using aerial drones and ground-based autonomous systems. The company noted that order values represent contract awards and may not yet be fully recognized as revenue.

Government Contracting Pipeline Continues to Expand with Growing Interest in the Company’s Patented AI-Powered Threat Detection and Mapping Capabilities

Safe Pro Group (NASDAQ: SPAI), a company delivering advanced AI-powered security and defense solutions, recently completed its participation in the U.S. Army Project Convergence Capstone 6 (“PC-C6”) exercise ( https://nnw.fm/wlOBu ).

Safe Pro Group (NASDAQ: SPAI) announced it has received a $780,000 purchase order from a new Department of War Prime Contractor for a package that includes its edge-based, AI-powered threat detection technologies and multiple Blue UAS drones. The company said work will begin during the third quarter of 2026 and is expected to be completed in the first quarter of 2027.

New Prime Contractor Relationship Expands Safe Pro’s Growing Network of Leading Defense Sector Relationships

Safe Pro Group (NASDAQ: SPAI) secured a new U.S. government subcontract valued at approximately $730,000 before the exercise of additional options for its patented AI threat mapping and drone package. The award marks the company’s fourth recent U.S. government contract for its artificial intelligence technology, expanding its installed base while increasing visibility into recurring software subscription revenue for its AI-enabled defense, security and situational awareness solutions.

Safe Pro Group (NASDAQ: SPAI), a tech company that delivers AI-powered security and defense solutions, recently announced that it expects year-over-year revenue to climb dramatically in Q2 2026, based on preliminary and unaudited financial data ( https://ibn.fm/rHBLc ).

Fourth Recent U.S. Government Award Reinforces Rapid Growth and Recurring Software Revenue

Safe Pro Group (NASDAQ: SPAI) a developer of AI-enabled defense and security technologies, announced it has successfully completed participation in the U.S. Army’s Project Convergence Capstone 6 (“PC-C6”), a 10-day future warfare exercise at the National Training Center in Fort Irwin, California. During the invite-only event, soldiers used the company’s backpack-sized Navigation Observation & Detection Engine-X (“NODE-X”) and OnSight software to analyze drone imagery, detect landmines and unexploded ordnance and generate detailed battlefield maps that were shared across U.S. Army planning platforms to support operational decision-making.

The Company’s Participation in the 10-Day U.S. Army Training Exercise Focused on Highlighting How AI Can Empower Drones to Rapidly Detect and Map Explosive Threats

Safe Pro Group (NASDAQ: SPAI) was among several technology partners participating in Red Cat Holdings Inc.’s (NASDAQ: RCAT) latest SPiDRWORX validation event, where its AI-enabled threat detection software was evaluated using imagery collected by Red Cat’s Black Widow drone. According to Red Cat, the integration demonstrated the ability to rapidly identify hazards, suspicious objects and unexploded ordnance-like threats to support route planning, convoy movement and force protection in mission-relevant scenarios.

Safe Pro Group (NASDAQ: SPAI) announced it will host its Innovation Day on Aug. 25, 2026, in Aventura, Florida, where the company will showcase its AI-enabled defense and situational awareness technologies through live drone operations and corporate presentations. The event is scheduled to begin at approximately 8:30 a.m. ET and conclude by 12:30 p.m. ET.

Safe Pro Group (NASDAQ: SPAI) has released its “Innovation Day Technology Illustration Teaser” video, showcasing the company’s AI-powered ecosystem of computer vision software and mapping tools for drone-based threat detection. The video demonstrates how Safe Pro’s patented “SpotD” technology leverages AI and machine learning trained on one of the world’s largest real-world drone imagery datasets to rapidly detect and map more than 150 types of explosive threats and other objects of interest, including landmines, unexploded ordnance (“UXO”), cluster munitions and ambush drones, while supporting a broad range of aerial and ground-based defense missions through enhanced situational awareness and autonomous threat mapping.

AVENTURA, Fla., July 28, 2026 (GLOBE NEWSWIRE) -- Safe Pro Group Inc. (Nasdaq: SPAI) (“Safe Pro” or the “Company”), a developer of artificial intelligence (AI)-enabled defense, security, and situational awareness solutions, today announced that it will be hosting an Innovation Day on Tuesday, August 25, 2026, in Aventura, Florida. The event, which features live Drone operations highlighting how American AI is utilized in the field, is scheduled to begin at approximately 8:30 a.m. ET and conclude by 12:30 p.m. ET. Click here to view a video illustrating Safe Pro’s AI capabilities.

Safe Pro Group (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.

Company Completes Board-Approved Share Buyback Totaling 637,084 Common Shares Purchased in the Open Market

Safe Pro Group (NASDAQ: SPAI), a developer of AI-powered security and defense solutions, recently announced that it was awarded a Small Business Innovation Research (“SBIR”) contract by AFWERX, which is the innovation arm of the Department of the Air Force (“DAF”) ( https://ibn.fm/Z0jsM ).

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Safe Pro Group (NASDAQ: SPAI) announced it has been selected by AFWERX for a Small Business Innovation Research (“SBIR”) contract to develop a new artificial intelligence dataset using images of foreign object debris and damage (“FOD”) commonly found on U.S. Air Force and civilian airfields. The project is intended to support Department of the Air Force initiatives while expanding the company’s AI-powered computer vision technology into defense and commercial airfield operations.

Safe Pro Group (NASDAQ: SPAI) announced it has been selected by AFWERX for a Small Business Innovation Research (“SBIR”) contract to develop a new artificial intelligence dataset using images of foreign object debris and damage (“FOD”) commonly found on U.S. Air Force and civilian airfields. The project is intended to support Department of the Air Force initiatives while expanding the company’s AI-powered computer vision technology into defense and commercial airfield operations.

AVENTURA, Fla., July 13, 2026 (GLOBE NEWSWIRE) -- Safe Pro Group Inc. (Nasdaq: SPAI) (“Safe Pro” or the “Company”), a developer of artificial intelligence (AI)-enabled defense, security, and situational awareness solutions, today announced that it has been selected by AFWERX for a Small Business Innovation Research (SBIR) contract focused on the development of a new AI dataset using images of Foreign Object Debris/Damage (FOD) that are commonly encountered on both U.S. Air Force (USAF) and civilian airfields to address the most pressing challenges in the Department of the Air Force (DAF).