Safe Pro Group Inc. (NASDAQ: SPAI) said preliminary, unaudited results indicate that revenue for the second quarter of 2026 is expected to exceed $1.3 million, up more than 1,300% from approximately $92,753 in the second quarter of 2025.

The company attributed the increase to multiple U.S. Army subcontract awards tied to its AI-powered threat detection and mapping software. Safe Pro also cited expanded relationships with defense prime contractors and the deployment of its technology across drone platforms and autonomous ground vehicle systems. Because the figures are preliminary and unaudited, the company’s final reported results may depend on its quarter-end review and filing process.

Safe Pro said it is continuing to expand its government business pipeline through participation in U.S. Army technology evaluation programs. The company also said it is pursuing additional opportunities with other defense customers, including the U.S. Air Force, as well as initiatives related to post-conflict reconstruction.

During the quarter, Safe Pro said it completed its board-authorized stock repurchase program, buying 637,084 shares in the open market. The company also highlighted that it has no long-term debt.

Safe Pro Group describes itself as a mission-driven technology company focused on AI-enabled security and defense solutions. Through platforms including SPOTD, the company provides situational awareness tools for defense, humanitarian, and homeland security applications worldwide.

The company uses commercially available off-the-shelf drones together with proprietary machine learning and computer vision technology to support rapid identification of explosive threats. Safe Pro said its approach offers a safer and more efficient alternative to traditional human-based analysis methods, particularly in settings where explosive hazards can make manual inspection dangerous or time-consuming.

Safe Pro’s platform is built on a cloud-based ecosystem powered by Amazon Web Services (AWS). The company said the scalable platform is designed for multiple markets, including commercial, government, law enforcement, and humanitarian sectors.

The company’s reported revenue increase comes as defense organizations continue to evaluate autonomous systems, drones, and AI-based tools for threat detection and situational awareness. For small defense technology suppliers, subcontract awards and technology evaluation programs can be important channels for demonstrating capabilities to government customers while working within established defense procurement structures. Safe Pro said its expanding defense-related work includes U.S. Army programs and prospective opportunities with the U.S. Air Force.

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