Safe Pro expects Q3 2026 revenue above $2.5 million

AVENTURA, Fla., Oct. 07, 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 preliminary, unaudited revenue expectations for the third quarter ended September 30, 2026. The Company expects third-quarter 2026 revenue to increase by over 2,300% to more than $2.5 million, compared with $101,422 in the third quarter of 2025 driven by the receipt of multiple U.S. Government subcontract awards supporting the U.S. Army and U.S. Air Force. For the nine months ended September 30, 2026, the Company expects revenue to increase by over 1,200% to more than $5.0 million compared with $378,977 in the same period of 2025. These figures are preliminary, unaudited estimates that remain subject to change upon completion of the Company's quarterly closing and review procedures. The significant quarterly revenue growth is being driven by increasing deliveries of the Company's patented AI-powered software and edge-based battlefield intelligence solutions to multiple U.S. Government prime contractors. In the third quarter, the Company successfully completed participation in multiple U.S. Army exercises and technology demonstrations driving new business development efforts. The Company is seeing significantly increased activity across the U.S. government, including with multiple divisions within the U.S. Army, the U.S. Air Force, and most recently, with the U.S. Department of State. -- Based on Preliminary Unaudited Financial Data, Third Quarter 2026 Revenue Growth Expected to be More Than 2,300% Year-over-Year -- Safe Pro continues to deliver against U.S. Army and recent government contract awards for its AI software powering edge-based compute solutions, representing more than $5 million in aggregate awarded contract value year-to-date. -- Deliveries during Q3 included work under a $1.3 million subcontract from a U.S. defense prime contractor to integrate real-time AI threat detection onto autonomous unmanned ground vehicles and a $780,000 U.S. Army award for a package including its NODE AI edge-processing systems and Blue UAS drones. -- Third quarter 2026 revenue represents increase of approximately 88% on a sequential basis compared with the second quarter of 2026. -- Military and Dual-Use Pipelines Expanding -- Revenue reflects growing demand across Safe Pro's suite of AI products including for threat detection and mapping, edge compute, software licensing, and operational services and support. -- The Company has expanded its relationships across the government with existing customers such as the U.S. Army under a Cooperative Research and Development Agreement (CRADA), potentially extending its technology to use cases beyond the military into broad commercial markets and adding new relationships such as with the U.S. Department of State, where the Company was awarded a subcontract for its AI-pow