Safe Pro Group Reports 560% Revenue Surge, Launches New Growth Team to Target U.S. Government Contracts

Safe Pro Group Inc. (NASDAQ: SPAI), a provider of AI-powered security and defense solutions, announced a 560% quarterly revenue increase for the period ending March 31, 2026, driven by a 2,400% surge in high-margin AI revenue. The company also launched a new Growth Team to pursue U.S. government contracts.

According to the company's financial results (https://ibn.fm/RLuo5), quarterly revenue reached over $1,220,129, up from $184,809 in the first quarter of 2025. Safe Pro AI quarterly revenue jumped over 2,400%, largely due to new contracted sales of its AI-powered and drone-based video and image analysis systems. Consolidated gross margins exceeded 68%, inclusive of depreciation, validating the scalability of its business model. The company ended the quarter with $14.8 million in cash and minimal debt.

Operational highlights include the delivery of multiple Edge processing systems under a $1,000,000 government contract, with a subsequent contract modification to also provide support for these systems. Interest in Safe Pro's Navigation, Observation & Detection Engine (NODE) and the new NODE-X miniaturized Edge processing solution has grown following live demonstrations with the U.S. Army, providing direct engagement with defense decision-makers.

The company expanded its leadership and launched a new Growth Team (https://ibn.fm/AQtOI), led by Brian Mack as Chief Growth Officer and Benjamin Chitty as VP of Government Growth. This team is driving efforts to secure U.S. government contract awards through teaming agreements with Prime Contractors.

Dan Erdberg, Chairman and CEO of Safe Pro Group, stated, "We believe Safe Pro is well positioned to capitalize on the AI era with the momentum we see building for our patented AI solutions within the U.S. Government. Supported by a strong balance sheet, expanded team of accomplished military acquisition specialists, and an enhanced portfolio of real-world proven solutions, we are excited about our future."

The company's patented computer vision software technology rapidly detects small objects in drone-based videos and images, enabling more efficient and safe field operations for law enforcement, humanitarian, homeland security, and defense sectors.