Safe Pro Receives $1M Contract Modification from U.S. Government Contractor
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 18 2026
0mins
Safe Pro announced it has received an additional subcontract modification from a U.S. Government Prime Contractor to provide extended support for its AI Edge Processing solution delivered in Q1 under its previous $1M award.
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Analyst Views on SPAI
Wall Street analysts forecast SPAI stock price to rise
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 5.410
Low
9.00
Averages
11.00
High
13.00
Current: 5.410
Low
9.00
Averages
11.00
High
13.00
About SPAI
Safe Pro Group Inc. is a holding company. The Company is focused on security and protection solutions, specifically, advanced artificial intelligence / machine learning (AI/ML) software technology for the creation of robust datasets sourced from the analysis of aerial imagery, bullet and blast resistant personal protection equipment and providing mission-critical aerial managed services. Through its Safe Pro AI unit, it has developed an ecosystem of advanced AI-powered object detection and data analysis and reporting tools for hyper-scalable, cloud-based processing of drone imagery. Through its Safe-Pro USA, LLC unit, it is engaged in manufacturing premium bullet and blast resistant protection equipment utilized by domestic and international customers in the military, law enforcement, and others. Through its Airborne Response Corp. unit, it provides a range of contracted aerial platform-based technology services, predominantly using small uncrewed aircraft systems, such as drones.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Strategic Acquisition Plan: ZenaTech's proposed acquisition of an Alberta-based land surveying company aims to penetrate the oil and gas sector, which is expected to grow at over 28% annually, providing new revenue streams and market share opportunities for the company.
- Technology Integration Advantage: With approximately 80% of the target acquisition's projects utilizing drone workflows, ZenaTech has a highly efficient pathway for technology integration that can enhance service efficiency and precision, thereby strengthening its competitive position in the market.
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Drone-as-a-Service Market Experiences Rapid Growth
- Market Growth Potential: The drone services market is projected to reach $100 billion to $200 billion by the 2030s, indicating strong growth potential driven by widespread adoption among enterprise and government users, which is accelerating the industry's digital transformation.
- Strategic Acquisition Plan: ZenaTech has signed an offer to acquire an Alberta-based land surveying company, marking its first entry into the oil and gas sector, which is expected to expand its Drone-as-a-Service business in a rapidly growing market with an annual growth rate exceeding 28%.
- Technological Integration Advantage: Approximately 80% of the target acquisition company's projects utilize drone workflows, providing an efficient pathway for ZenaTech's technology integration and operational scaling, thereby enhancing service efficiency and precision.
- Recurring Revenue Model: ZenaTech's Drone-as-a-Service platform offers clients on-demand or subscription-based services, eliminating capital costs associated with traditional ownership models, and is expected to enhance customer loyalty and market share through continuous monitoring and data-driven decision-making.
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- Surging Market Demand: The global military drone market is projected to grow from $15.8 billion in 2025 to $22.8 billion by 2030, reflecting an increasing reliance on drones by nations, which is driving significant increases in defense spending.
- Accelerated Technological Innovation: ZenaTech's ZenaDrone 2000 heavy-lift interceptor drone has completed fuselage manufacturing and is set to begin initial flight testing in Q3 2026, aiming to meet urgent demands for counter-drone systems and solidify its position in the projected $20 billion market.
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- International Collaboration and Investment: Quantum Cyber has signed an IP licensing agreement with BP United to secure exclusive rights to innovative drone technology, highlighting the rapid development of global drone ecosystems and nations' investment intentions in defense sectors.
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- Surging Market Demand: The military drone market is projected to grow from $15.8 billion in 2025 to $22.8 billion by 2030, reflecting a strong global demand for drone technology, particularly amid increasing defense budgets.
- Accelerated Technological Innovation: ZenaTech's ZenaDrone 2000 heavy-lift interceptor drone has completed fuselage manufacturing and entered the systems integration phase, with initial flight testing planned for Q3 2026 to meet the rising demand in the counter-drone market.
- Rise of Counter-Drone Systems: As drones become more integrated into military operations, countries are racing to develop counter-drone technologies, with the counter-drone market expected to exceed $20 billion by 2030, highlighting the importance of drones as essential military infrastructure.
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- ZenaTech Acquisition: ZenaTech has signed an agreement to acquire an Australian land surveying and spatial services firm based in Brisbane, marking its 22nd DaaS acquisition and its first major entry into the Australian market, thereby enhancing its strategic footprint in the Asia-Pacific region.
- Integration Advantages: This acquisition will seamlessly integrate into ZenaTech's DaaS platform, leveraging existing drone-enabled workflows and client bases to enhance operational efficiency and accelerate the deployment of standardized drone-based surveying solutions.
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ZenaTech Expands Market with Australian Acquisition in Drone as a Service
- Surging Market Demand: The global demand for drone services is rapidly increasing, with projections estimating the market could reach between $27 billion and over $150 billion by 2030, indicating strong long-term growth potential, particularly in defense and commercial sectors.
- Strategic Acquisition: ZenaTech has announced the acquisition of an Australian land surveying and spatial services firm based in Brisbane, marking its 22nd acquisition and first entry into the Australian market, thereby strengthening its business presence in the Asia-Pacific region.
- Integration Advantages: This acquisition will enhance ZenaTech's Drone as a Service platform by leveraging existing drone workflows and customer bases, improving the standardization and operational efficiency of infrastructure solutions, and facilitating the company's expansion in global markets.
- Long-term Vision: ZenaTech's CEO stated that this transaction supports the company's goal of building a scalable AI autonomy platform through DaaS, aiming to enhance traditional services via technological innovation, ultimately creating long-term value for shareholders.
See More
Drone-as-a-Service Market Experiences Rapid Growth and Strategic Expansion
- Market Growth Potential: The drone services market is projected to reach $100 billion to $200 billion by the 2030s, indicating strong growth potential driven by widespread adoption among enterprise and government users, which is accelerating industry digitization.
- Strategic Acquisition Plan: ZenaTech's proposed acquisition of an Alberta-based land surveying company aims to penetrate the oil and gas sector, which is expected to grow at over 28% annually, providing new revenue streams and market share opportunities for the company.
- Technology Integration Advantage: With approximately 80% of the target acquisition's projects utilizing drone workflows, ZenaTech has a highly efficient pathway for technology integration that can enhance service efficiency and precision, thereby strengthening its competitive position in the market.
- Demand for Continuous Monitoring: Enterprises are increasingly relying on drones for continuous monitoring and data capture to support infrastructure asset management and predictive maintenance, a trend that will drive long-term growth and structural changes in the DaaS market.
See More
Drone-as-a-Service Market Experiences Rapid Growth
- Market Growth Potential: The drone services market is projected to reach $100 billion to $200 billion by the 2030s, indicating strong growth potential driven by widespread adoption among enterprise and government users, which is accelerating the industry's digital transformation.
- Strategic Acquisition Plan: ZenaTech has signed an offer to acquire an Alberta-based land surveying company, marking its first entry into the oil and gas sector, which is expected to expand its Drone-as-a-Service business in a rapidly growing market with an annual growth rate exceeding 28%.
- Technological Integration Advantage: Approximately 80% of the target acquisition company's projects utilize drone workflows, providing an efficient pathway for ZenaTech's technology integration and operational scaling, thereby enhancing service efficiency and precision.
- Recurring Revenue Model: ZenaTech's Drone-as-a-Service platform offers clients on-demand or subscription-based services, eliminating capital costs associated with traditional ownership models, and is expected to enhance customer loyalty and market share through continuous monitoring and data-driven decision-making.
See More
Rapid Growth in the Drone Market Driven by Defense Budgets
- Surging Market Demand: The global military drone market is projected to grow from $15.8 billion in 2025 to $22.8 billion by 2030, reflecting an increasing reliance on drones by nations, which is driving significant increases in defense spending.
- Accelerated Technological Innovation: ZenaTech's ZenaDrone 2000 heavy-lift interceptor drone has completed fuselage manufacturing and is set to begin initial flight testing in Q3 2026, aiming to meet urgent demands for counter-drone systems and solidify its position in the projected $20 billion market.
- Increased Defense Budgets: The Trump administration is seeking approximately $55 billion for drone and autonomous warfare programs in the fiscal 2027 budget, a substantial increase from $225 million the previous year, marking a strategic shift in U.S. drone technology priorities.
- International Collaboration and Investment: Quantum Cyber has signed an IP licensing agreement with BP United to secure exclusive rights to innovative drone technology, highlighting the rapid development of global drone ecosystems and nations' investment intentions in defense sectors.
See More
Rapid Growth in the Drone Market Driven by Defense Budgets
- Surging Market Demand: The military drone market is projected to grow from $15.8 billion in 2025 to $22.8 billion by 2030, reflecting a strong global demand for drone technology, particularly amid increasing defense budgets.
- Accelerated Technological Innovation: ZenaTech's ZenaDrone 2000 heavy-lift interceptor drone has completed fuselage manufacturing and entered the systems integration phase, with initial flight testing planned for Q3 2026 to meet the rising demand in the counter-drone market.
- Rise of Counter-Drone Systems: As drones become more integrated into military operations, countries are racing to develop counter-drone technologies, with the counter-drone market expected to exceed $20 billion by 2030, highlighting the importance of drones as essential military infrastructure.
- Increased Global Investment: Governments across the U.S., Europe, Asia, and the Middle East are ramping up investments in domestic drone production and next-generation autonomous technologies to address geopolitical tensions and enhance intelligence, surveillance, and reconnaissance capabilities.
See More
Rapid Expansion of Drone as a Service Market
- Surging Market Demand: The global Drone as a Service (DaaS) market is currently estimated between $6 billion and $8 billion, with projections suggesting aggressive growth to between $27 billion and over $150 billion by 2030, indicating strong long-term potential, particularly in defense and commercial sectors.
- ZenaTech Acquisition: ZenaTech has signed an agreement to acquire an Australian land surveying and spatial services firm based in Brisbane, marking its 22nd DaaS acquisition and its first major entry into the Australian market, thereby enhancing its strategic footprint in the Asia-Pacific region.
- Integration Advantages: This acquisition will seamlessly integrate into ZenaTech's DaaS platform, leveraging existing drone-enabled workflows and client bases to enhance operational efficiency and accelerate the deployment of standardized drone-based surveying solutions.
- Optimistic Future Outlook: With advancements in AI technology and the expansion of drone applications, DaaS is shaping up to be a significant component of U.S. business and defense operations, expected to drive ongoing innovation and growth in the industry.
See More
ZenaTech Expands Market with Australian Acquisition in Drone as a Service
- Surging Market Demand: The global demand for drone services is rapidly increasing, with projections estimating the market could reach between $27 billion and over $150 billion by 2030, indicating strong long-term growth potential, particularly in defense and commercial sectors.
- Strategic Acquisition: ZenaTech has announced the acquisition of an Australian land surveying and spatial services firm based in Brisbane, marking its 22nd acquisition and first entry into the Australian market, thereby strengthening its business presence in the Asia-Pacific region.
- Integration Advantages: This acquisition will enhance ZenaTech's Drone as a Service platform by leveraging existing drone workflows and customer bases, improving the standardization and operational efficiency of infrastructure solutions, and facilitating the company's expansion in global markets.
- Long-term Vision: ZenaTech's CEO stated that this transaction supports the company's goal of building a scalable AI autonomy platform through DaaS, aiming to enhance traditional services via technological innovation, ultimately creating long-term value for shareholders.
See More
