Lake Street initiated coverage of Safe Pro Group with a rating of Buy and set a new price target of $9.00

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Surging demand for UAVs, counter-drone systems, and AI-driven battlefield intelligence is driving multi-billion-dollar growth across global defense sectors through 2030NEW YORK, March 19, 2026 /CNW/ -- Market News Updates News Commentary -- The global drone and defense landscape is no longer emerging--it's accelerating at a pace that's forcing governments and contractors to rethink modern warfare in real time. From tactical ISR missions to fully autonomous swarm deployments, unmanned systems are becoming central to national security strategies worldwide. According to industry data, the broader UAV market is projected to surge to approximately $102.7 billion by 2030, expanding at a double-dig

AVENTURA, Fla., March 17, 2026 (GLOBE NEWSWIRE) -- Safe Pro Group Inc. (NASDAQ:SPAI) (Safe Pro or the Company), a developer of artificial intelligence (AI)-enabled defense, security, and situational awareness solutions, today announced that it has completed its participation in the U.S. Army Transforming in Contact (TiC) 2.0 Autonomous Breach event where its patented AI tools were successfully utilized in real-world operational environments by soldiers and command personnel throughout the two week long operational exercise at Ft. Hood, TX. The U.S. Army's wants to put $1 Billion dollars into Transforming in Contact (TiC) 2.0 to sponsor and fund the rapid equipping and testing of advanced

NEW YORK, March 05, 2026 (GLOBE NEWSWIRE) -- Market News Updates News Commentary - Lately, military drones have gone way beyond hobby-store quadcopters. Modern defense drones now include AI-powered autonomous systems that can scout, target, loiter for hours, or even work in swarms without a pilot sitting nearby. Countries and defense startups are racing to build everything from tiny reconnaissance birds to long-range strike UAVs, and even counter-drone weapons like lasers and high-power radar to deal with swarms in real time. This push isn't just for show — global tensions and real combat experience are driving huge interest in these machines, with companies like Anduril pulling in massive

AVENTURA, Fla., March 02, 2026 (GLOBE NEWSWIRE) -- Safe Pro Group Inc. (NASDAQ:SPAI) ("Safe Pro" or the "Company"), a developer of artificial intelligence ("AI")-enabled defense, security, and situational awareness solutions, today announced it has executed in 15 days from receipt of award on the full delivery of its AI-powered edge processing systems valued at $1,000,000 to the U.S. Government. The delivery represents an operational milestone as the Company advances commercialization of its patented AI product portfolio. "Delivering in 15 days from the receipt of our award demonstrates Safe Pro's ability to rapidly execute on contracts under U.S. Government programs, building confidence

AUSTIN, Texas, Feb. 26, 2026 (GLOBE NEWSWIRE) -- via IBN – NetworkNewsAudio announces the Audio Press Release (APR) titled "AI-Enabled Edge and Autonomous Systems Take Center Stage," featuring Safe Pro Group Inc. (NASDAQ:SPAI). To hear the NetworkNewsAudio version, visit https://nnw.fm/tEPU0 To read the original editorial, visit https://nnw.fm/tFVzh The Autonomous Breach event at Fort Hood brings together industry teams and operational units, including soldiers from the 1st Cavalry Division and the 36th Engineer Brigade, III Corps, to integrate technologies in operationally relevant conditions. Such collaborative environments allow developers to refine solutions based on real-world feed

NEW YORK, Feb. 25, 2026 (GLOBE NEWSWIRE) -- via DefenseWireNews -- Safe Pro Group Inc. (NASDAQ:SPAI) today announces its placement in an editorial published by DefenseWireNews ("DWN"), one of 75+ brands within the Dynamic Brand Portfolio@IBN (InvestorBrandNetwork), a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community.   To view the full publication, "AI-Enabled Edge and Autonomous Systems Take Center Stage," please visit: https://ibn.fm/Uyo4V Artificial intelligence is rapidly reshaping how governments approach defense, security, and operational situational awareness in an increasingl

AVENTURA, Fla., Feb. 25, 2026 (GLOBE NEWSWIRE) -- Safe Pro Group Inc. (NASDAQ:SPAI) ("Safe Pro" or the "Company"), a developer of artificial intelligence (AI)-enabled defense, security, and situational awareness solutions, today announced that its Mission Critical Unmanned Solutions subsidiary, Airborne Response, LLC ("Airborne Response"), has received a purchase order from a multinational telecommunications firm to provide enhanced unmanned aircraft systems (UAS) aerial inspection and asset management services supporting communications infrastructure utilized by first responders in South Florida. Supporting Mission-Critical Public Safety Communications Under the program, Airborne Respon

Issued on behalf of VisionWave Holdings, Inc.NEW YORK, Feb. 24, 2026 /CNW/ -- Equity Insider News Commentary -- India has unveiled a record defense budget of approximately $87 billion for fiscal year 2026, representing a 15% increase that signals the country's accelerating investment in multi-layered air defense systems and indigenous military technology[1]. Across Europe, the European Union has launched its SAFE initiative, mobilizing up to $178 billion in defense upgrades as member states move to strengthen continental security infrastructure[2]. Companies positioning at the intersection of counter-drone technology, space-based defense intelligence, and AI-driven military platforms include

AUSTIN, Texas, Feb. 24, 2026 (GLOBE NEWSWIRE) -- DefenseWireNews Editorial Coverage: Artificial intelligence is rapidly reshaping how governments approach defense, security, and operational situational awareness in an increasingly complex and data-saturated threat environment. As modern conflicts and humanitarian missions rely more heavily on drones, sensors, and autonomous systems, AI-enabled platforms capable of processing intelligence at the tactical edge are becoming essential for accelerating decision-making, strengthening force protection, and maintaining operational effectiveness in contested or communication-restricted environments. Against this backdrop of accelerating military mo

AVENTURA, Fla., Feb. 24, 2026 (GLOBE NEWSWIRE) -- Safe Pro Group Inc. (NASDAQ:SPAI) (Safe Pro or the Company), a developer of artificial intelligence (AI)-enabled defense, security, and situational awareness solutions, today announced that it will be demonstrating its AI-powered Navigation, Observation & Detection Engine (NODE) threat detection capability integrated into General Dynamics Mission Systems' GeoSuite mission planning and execution toolkit at the upcoming Army Transforming in Contact (TiC) 2.0 Autonomous Breach event being held at Fort Hood, Texas. The U.S. Army's Transforming in Contact (TiC) 2.0 Autonomous Breach event is the latest element of its $1 billion initiative (thro

Ballistics Protection Business Ramps-Up Activity Targeting Law Enforcement and Government Contracts with New High-Performance Products and Marketing Plans Safe Pro Group Inc. (NASDAQ:SPAI) ("Safe Pro" or the "Company"), a developer of artificial intelligence (AI)-enabled defense and security solutions, today announced that its ballistic protective products unit, Safe-Pro USA (SPUSA), has appointed Michael Wratten as its new Vice President of Marketing and Sales. This appointment is part of broad business development and expansion initiatives currently under way as it responds to the increased domestic need for advanced, high-performance body armor and the demand for explosive ordnance disp

MarketNewsUpdates News Commentary NEW YORK, Sept. 25, 2025 /PRNewswire/ -- Recently huge R&D investments by companies in the global drone surveying market are maximizing the growth of the Global Drone Mapping Market. The influx of funds is enabling them to utilize AI-driven analytics and cloud-based data platforms to enable real-time decision-making. Collaboration between the providers of geospatial data and the manufacturers of drones is unleashing synergies that benefit the end-user. The smart city trend, green energy mapping, and infrastructure digitization are solid growth drivers for industry players.  A report from Fact.MR analysis projected that the Global Drone Market industry will g

Russell Index Reconstitution Effective After the US Market Opens on June 30, 2025 Safe Pro Group Inc. (NASDAQ:SPAI) ("Safe Pro" or the "Company"), a leading provider of artificial intelligence (AI)-driven security solutions, is set to join the Russell Microcap® Index at the conclusion of the 2025 Russell indexes annual reconstitution, effective after the US market opens on June 30, 2025, according to a preliminary list of additions posted on May 23, 2025. The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Wednesday, April 30, 2025, ranking them by total market capitalization. Membership in the Russell Microcap® Index, which remains in place for one y

Mr. Bang to Spearhead Integration of Innovative AI-Powered Small Object Threat Detection Technology into U.S. Military Systems Safe Pro Group Inc. (NASDAQ:SPAI) ("Safe Pro"), a leading innovator in artificial intelligence (AI)-powered solutions, proudly announces the appointment of Young J. Bang, former Principal Deputy Assistant Secretary of the Army (Acquisition, Logistics, and Technology), as Chairman of its newly formed Strategic Advisory Board. This milestone signals Safe Pro's commitment to revolutionizing the detection of threats to military ground personnel and equipment while enhancing national security through cutting-edge Artificial Intelligence (AI). Mr. Bang, a recognized a

Net Revenue of $29.8 Million GAAP EPS of ($0.03) Non-GAAP EPS of $0.04 Increases FY26 Drone Revenue Expectation to a range of $8 Million-$12 Million, up from the prior range of $5 Million-$10 Million IRVINE, Calif., Feb. 04, 2026 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ:LTRX), a global leader in compute and connectivity IoT solutions powering Edge AI applications, today reported results for the fiscal second quarter ended Dec. 31, 2025. Management Commentary "We continued our momentum into the second quarter through disciplined execution, delivering financial results within our guidance range," said Saleel Awsare, president and CEO of Lantronix. "Execution across our Edge AI strategy

MarketNewsUpdates News Commentary NEW YORK, Oct. 9, 2025 /PRNewswire/ -- The drone surveying market is expected to continue to gain momentum due to increasing demand for aerial intelligence and high-precision mapping across major sectors such as agriculture, mining, construction, and environmental monitoring. A report from Fact.MR analysis indicates that the industry will be valued at USD 1.97 billion in 2025 and will grow to USD 11.49 billion by 2035, at a strong CAGR of 19.3% during the period.  The report said: "The enormous digital revolution in the industrial sectors continues to accelerate demand. Combining drones with AI analytics, GIS platforms, and cloud systems enables real-time pr

MarketNewsUpdates News Commentary NEW YORK, Sept. 11, 2025 /PRNewswire/ -- The Agricultural Drone market has been growing rapidly in the past years and is projected to continue through 2032. Companies in the agricultural drone market are employing a range of strategies to bolster their market presence. These tactics encompass innovations in AI and cloud technologies, forging strategic partnerships, diversifying service portfolios, and strengthening data security measures. By embracing these approaches, industry players aim to address changing customer needs and adhere to evolving regulatory and compliance standards, ensuring their competitive edge in the market. A report from Global Market I

MarketNewsUpdates News Commentary NEW YORK, Aug. 28, 2025 /PRNewswire/ -- The military drone market is experiencing significant growth due to increasing demand for unmanned aerial vehicles (UAVs) in various military applications such as intelligence, surveillance, and reconnaissance (ISR), combat operations, and border patrolling. Drones are being increasingly adopted for these purposes because they can provide real-time data and reduce human casualties. Looking at the future, advancements in drone technology, such as improved endurance and autonomous capabilities will add to the drones' popularity.  Many countries are significantly increasing their defense spending to modernize their milita

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