Safe Pro Group Executes $3 Million Share Buyback, Repurchases 400,000 Shares

Safe Pro Group Inc. (NASDAQ: SPAI) has continued the execution of its share repurchase program, announcing the repurchase of 400,000 shares as of April 17, 2026. This repurchase represents approximately 3.5% of the company's public float and was conducted under a $3.0 million authorization approved by the company's board of directors in December 2025. The company funded these repurchases through its operating cash flow and strong balance sheet, which included $16.7 million in cash and no debt at the end of 2025.

The share buyback initiative signals management's confidence in the company's financial position and long-term prospects. Safe Pro Group stated that it may continue opportunistic buybacks while simultaneously investing in its AI-enabled defense and security platform and other long-term growth initiatives. This balanced approach suggests the company believes its stock represents good value while maintaining resources for strategic expansion.

Safe Pro Group is a mission-driven technology company delivering AI-enabled security and defense solutions through cutting-edge platforms like SPOTD. The company provides advanced situational awareness tools for defense, humanitarian, and homeland security applications globally. As a leading provider of artificial intelligence solutions specializing in drone imagery processing, Safe Pro leverages commercially available drones with its proprietary machine learning and computer vision technology to enable rapid identification of explosives threats.

The company's technology provides a safer and more efficient alternative to traditional human-based analysis methods. Built on a cloud-based ecosystem and powered by Amazon Web Services (AWS), Safe Pro Group's scalable platform targets multiple markets including commercial, government, law enforcement and humanitarian sectors. The company's Safe Pro AI software, Safe-Pro USA protective gear and Airborne Response drone-based services work in synergy to deliver safety and operational efficiency across these diverse applications.

This share repurchase announcement comes as the company continues to develop its technological offerings in the competitive defense and security sector. The decision to use operating cash flow rather than debt financing for the buyback program underscores the company's financial discipline and strong liquidity position. Investors can find more information about Safe Pro Group Inc. at https://safeprogroup.com/. The latest news and updates relating to SPAI are available in the company's newsroom at http://ibn.fm/SPAI.

The execution of this buyback program during a period of continued investment in growth initiatives demonstrates management's strategic approach to capital allocation. By returning capital to shareholders while funding innovation, Safe Pro Group aims to balance immediate shareholder returns with long-term value creation. The company's focus on AI-enabled solutions positions it in growing markets where technology is increasingly important for security and defense applications worldwide.