Safe Pro Group Authorizes $3 Million Share Repurchase Program, Citing Confidence in AI Defense Technology

Safe Pro Group Inc. (NASDAQ: SPAI) announced that its board of directors has authorized a share repurchase program of up to $3.0 million of the company's outstanding common stock over the next year. The company cited confidence in its strategy, AI-enabled defense and security technology platform, and long-term growth opportunities as the rationale behind the authorization.

The repurchases may be made from time to time based on market conditions and other considerations through open-market or privately negotiated transactions and other permitted methods. The program will be funded by existing cash, cash equivalents, or future cash flows, while maintaining financial flexibility to support organic growth and strategic initiatives. This move signals management's belief that the current market valuation may not fully reflect the company's intrinsic value and future prospects.

Safe Pro Group 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. The company is a leading provider of artificial intelligence solutions specializing in drone imagery processing, leveraging commercially available off-the-shelf drones with its proprietary machine learning and computer vision technology.

This technology enables rapid identification of explosives threats, providing 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.

The share repurchase program represents a significant commitment of capital and reflects the board's confidence in the company's strategic direction. For investors, this action may be interpreted as a positive signal about the company's financial health and future prospects. Share repurchases typically reduce the number of outstanding shares, which can increase earnings per share and potentially support the stock price over time.

The defense and security technology sector continues to evolve rapidly, with increasing demand for AI-enabled solutions. Safe Pro Group's focus on drone imagery processing and explosives threat identification addresses critical needs in both military and civilian applications. The company's latest news and updates relating to SPAI are available in the company's newsroom at http://ibn.fm/SPAI. The full press release announcing the share repurchase program can be viewed at https://ibn.fm/SXrYj.

This announcement comes as the defense technology sector faces growing demand for innovative solutions that enhance security while improving operational efficiency. Safe Pro Group's integrated approach combining AI software, protective gear, and drone services positions the company to address complex security challenges across multiple sectors. The $3 million repurchase authorization represents approximately 7.5% of the company's current market capitalization, indicating substantial confidence in the business's trajectory and valuation.