Safe Pro Group Inc. (NASDAQ: SPAI) has authorized a share‑repurchase program worth up to $3 million, to be executed over the next year. The board approved the program and indicated it will be funded from the company’s existing cash and cash equivalents or from future cash flows, allowing the firm to return capital to shareholders while preserving flexibility for growth initiatives.
Safe Pro Group has been operating at a net loss of $12.27 million on revenue of $1.27 million for the twelve months ending September 30 2025, and a net loss of $7.4 million on revenue of $2.17 million for fiscal 2024. Despite the losses, the company’s liquidity is strong, with $7.60 million in cash, a current ratio of 7.6, and a debt‑to‑equity ratio of 0.03. The $3 million buyback represents a modest portion of the $67.74 million market capitalization, but it signals management’s confidence that the stock is undervalued relative to the company’s long‑term prospects.
The company’s core Airborne Response segment has driven recent revenue growth, reporting a 333.8 % increase in sales in fiscal 2024. Gross margin improved to 41.8 % from 33.9 % the prior year, largely due to higher‑margin aerial imaging services. A successful pilot program in the Middle East, deploying the company’s SPOTD AI technology for demining and reconstruction, further validates the commercial viability of its AI‑enabled security solutions and supports the company’s strategic focus on defense and security markets.
Dan Erdberg, Chairman and CEO, said the buyback reflects confidence in Safe Pro’s long‑term growth trajectory and the intrinsic value of its business. He added that the company remains focused on executing its strategy, supporting customers, and investing in its AI platform while returning capital to shareholders when it believes the stock is undervalued.
The announcement coincided with the completion of the Middle East AI pilot, a milestone that demonstrated the effectiveness of Safe Pro’s technology in a real‑world setting. The buyback, coupled with the pilot’s success, underscores management’s belief that the company’s valuation does not fully reflect its strategic assets and growth potential.
The share‑repurchase program, while modest in size, is a clear signal that Safe Pro’s leadership believes the current share price undervalues the company’s assets and future earnings potential. By returning capital to shareholders and maintaining a strong cash position, the company positions itself to capitalize on new opportunities in the AI‑enabled defense and security space while continuing to invest in product development and market expansion.
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