Safe Pro Group Projects Q3 Revenue Above $2.5 Million on US Government Contracts

Safe Pro Group Inc. (NASDAQ:SPAI) expects preliminary, unaudited revenue of more than $2.5 million for the third quarter ended September 30, 2026, compared with $101,422 in the same period last year.

The projected figure represents a year-over-year increase of more than 2,300%, which the company attributed to multiple US government subcontract awards supporting the US Army and US Air Force.

For the nine months ended September 30, Safe Pro expects preliminary revenue of more than $5.0 million, compared with $378,977 a year earlier, representing growth of more than 1,200%.

The company said the figures are preliminary and unaudited and could change following completion of its quarterly closing and review procedures.

Government Awards Support Third-Quarter Deliveries

Third-quarter deliveries included work under a $1.3 million subcontract from a US defence prime contractor to integrate real-time artificial intelligence threat detection technology onto autonomous unmanned ground vehicles.

Safe Pro also carried out work under a $780,000 US Army award covering its NODE AI edge-processing systems and Blue UAS drones.

The company reported more than $5 million in aggregate awarded contract value since the beginning of the year.

Safe Pro also disclosed a subcontract for AI-powered demining software under a US Department of State programme supporting demining activities in Ukraine. The company additionally has an existing Cooperative Research and Development Agreement with the US Army.

“The growth reflects repeat orders from U.S. Army customers and our first awards from new agencies, including the Department of State and U.S. Air Force,” said Chairman and Chief Executive Dan Erdberg.

Safe Pro said it maintains cash reserves and has no long-term debt.

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