Safe Pro Group Inc. (NASDAQ: SPAI) announced second-quarter 2026 revenue of approximately $1.33 million, a 1,336% increase from $92,753 in the same period last year. The surge was primarily driven by AI product sales and U.S. government contract activity. Quarterly sales from the company’s AI subsidiary grew 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. The company also reported a 75% AI gross margin, reflecting the scalability and profitability of its software-centric offerings.
During the quarter, Safe Pro secured four government contracts, including work supporting the U.S. Army and a U.S. Air Force Small Business Innovation Research (SBIR) award. Additionally, the company 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. These contracts highlight the growing demand for AI-driven solutions in defense and security applications.
The company also completed its board-approved stock repurchase program, under which it purchased a total of 637,084 shares in the open market. This move signals management’s confidence in the company’s future prospects and its commitment to returning value to shareholders.
Safe Pro Group is a mission-driven technology company delivering AI-enabled security and defense solutions. Its platforms, such as SPOTD, provide advanced situational awareness tools for defense, humanitarian, and homeland security applications globally. The company leverages commercially available off-the-shelf drones with its proprietary machine learning and computer vision technology to enable rapid identification of explosive threats, offering a safer and more efficient alternative to traditional human-based analysis methods. Built on a cloud-based ecosystem powered by Amazon Web Services (AWS), Safe Pro’s scalable platform targets multiple markets, including commercial, government, law enforcement, and humanitarian sectors.
The record AI revenue and high gross margin demonstrate the successful commercialization of Safe Pro’s technology and its growing importance in the defense sector. With increasing government and prime contractor engagements, the company is well-positioned to capitalize on the rising adoption of AI-powered solutions for national security and public safety.
For more information, visit Safe Pro Group.
