At a glance
- Company
- Safe Pro Group Inc.
- Ticker
- NASDAQ: SPAI
Key figures
- Shares repurchased
- 400,000 shares
- Share of public float
- approximately 3.5%
- Repurchase authorization
- $3.0 million
- Cash at year-end 2025
- $16.7 million
- Debt at year-end 2025
- no debt
Products and programs
Safe Pro Group (NASDAQ: SPAI) reported continued execution of its share repurchase program, with 400,000 shares repurchased as of April 17, 2026, representing approximately 3.5% of its public float under a $3.0 million authorization approved in December 2025. The company funded repurchases through operating cash flow and its strong balance sheet, which included $16.7 million in cash and no debt at year-end 2025, and said it may continue opportunistic buybacks while investing in its AI-enabled defense and security platform and long-term growth initiatives.
To view the full press release, visit https://ibn.fm/HcAav
About Safe Pro Group Inc.
Safe Pro Group Inc. is a mission-driven technology company delivering AI-enabled security and defense solutions. Through cutting-edge platforms like SPOTD, Safe Pro provides advanced situational awareness tools for defense, humanitarian, and homeland security applications globally. It is a leading provider of artificial intelligence (AI) solutions specializing in drone imagery processing, leveraging commercially available “off-the-shelf” drones with its proprietary machine learning and computer vision technology to enable rapid identification of explosives threats, providing a much 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 is targeting multiple markets that include commercial, government, law enforcement and humanitarian sectors where its Safe Pro AI software, Safe-Pro USA protective gear and Airborne Response drone-based services can work in synergy to deliver safety and operational efficiency. For more information on Safe Pro Group Inc., please visit https://safeprogroup.com/.
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The latest news and updates relating to SPAI are available in the company’s newsroom at https://ibn.fm/SPAI
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In brief
Safe Pro Group Inc. says it had bought back 400,000 shares by April 17, 2026, under a $3.0 million repurchase authorization approved in December 2025. The company described the shares as approximately 3.5% of its public float. It says the purchases were funded with operating cash flow and balance-sheet resources, including $16.7 million in cash and no debt at the end of 2025. Safe Pro Group said it may pursue further buybacks when opportunities arise while continuing investment in its AI-based defense and security platform and longer-term growth efforts. The company describes its business as providing AI-enabled security and defense solutions, including software, protective equipment and drone-based services for commercial, government, law enforcement and humanitarian users.
Key takeaways
- Safe Pro Group reported repurchasing 400,000 shares as of April 17, 2026.
- The purchases represent approximately 3.5% of the company’s public float, according to the release.
- The buybacks fall under a $3.0 million authorization approved in December 2025.
- The company says it may continue opportunistic repurchases while investing in its platform and growth initiatives.
SEC filings
Earlier from Safe Pro Group Inc.
- Safe Pro Group (NASDAQ: SPAI) Awarded Subcontract Under $1M US Government Program
- Safe Pro Group (NASDAQ: SPAI) Aligned with Rising Detection Needs as U.S. Reviews Antipersonnel Land Mine Policy
- Safe Pro Group (NASDAQ: SPAI) Deploys Upgraded AI Algorithms for Drone Operations in GPS Denied Environments
