STOCK TITAN

Safe Pro Group Appoints Decorated SOCOM Joint Acquisition Task Force Commander, Colonel (Ret.) Jarret Mathews as Chief Operating Officer

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)

Safe Pro Group (Nasdaq: SPAI) appointed Colonel (Ret.) Jarret Mathews as its first Chief Operating Officer, effective April 6, 2026. Mathews brings 25+ years of special operations, defense acquisition, and AI/ML integration experience to accelerate Safe Pro's government contract capture strategy.

He previously led the Joint Acquisitions Task Force at U.S. Army Special Operations Command, served in the Pentagon and CENTCOM liaison roles, and was a special advisor to Safe Pro for six months.

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Positive

  • Experienced leadership: 25+ years in special operations and defense acquisitions
  • First COO appointment formalizes operational leadership
  • Direct SOCOM experience: led Joint Acquisitions Task Force integrating AI/ML
  • Six months advisory tenure prior to appointment indicates transitional continuity

Negative

  • Appointment does not itself guarantee conversion of technology pipeline into awarded contracts
  • No quantified revenue, contract awards, or timelines disclosed to measure near-term impact

News Market Reaction – SPAI

-0.24%
8 alerts
-0.24% News Effect
+4.4% Peak Tracked
-13.5% Trough Tracked
-$225K Valuation Impact
$93.59M Market Cap
0.6x Rel. Volume

On the day this news was published, SPAI declined 0.24%, reflecting a mild negative market reaction. Argus tracked a peak move of +4.4% during that session. Argus tracked a trough of -13.5% from its starting point during tracking. Our momentum scanner triggered 8 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $225K from the company's valuation, bringing the market cap to $93.59M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Special operations experience: 25+ years COO base salary: $200,000 COO commencement bonus: $50,000 +5 more
8 metrics
Special operations experience 25+ years Colonel (Ret.) Mathews’ operational and acquisition background
COO base salary $200,000 Annual base under two-year Executive Employment Agreement
COO commencement bonus $50,000 One-time payment on appointment as COO
COO performance milestones $5M / $10M / $20M Revenue milestones tied to performance-based option grants
CFO base salary $225,000 Revised under amended employment agreement
CFO option grant 100,000 options at $4.00 Awarded April 1, 2026 under 2025 Stock Plan
Stock buyback authorization $3.0 million Share repurchase program effective through December 17, 2026
Citadel ownership 1,200,029 shares (5.5%) Passive Schedule 13G/A filing as of February 17, 2026

Market Reality Check

Price: $3.95 Vol: Volume 178,166 vs 20-day ...
normal vol
$3.95 Last Close
Volume Volume 178,166 vs 20-day avg 228,379 (relative volume 0.78) normal
Technical Shares trade below the 200-day MA at 5, despite a 2.75% 24h gain pre-news.

Peers on Argus

Momentum scanner flags SPAI trending down while peers like SPCE, VWAV and CODA s...
3 Up

Momentum scanner flags SPAI trending down while peers like SPCE, VWAV and CODA show +3.45%–12.24% upside. With peers moving higher and no same-day peer news, the setup looks stock-specific rather than a broad Aerospace & Defense move.

Historical Context

5 past events · Latest: Apr 01 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Apr 01 Govt AI support order Positive +5.0% Contract modification for continued AI Edge Processing support under U.S. Government subcontract.
Mar 25 Advisory board hire Positive +1.4% Appointed former Anduril executive to advisory board to accelerate government capture.
Mar 17 Army TiC 2.0 exercise Positive +5.6% Completed U.S. Army TiC 2.0 exercise using SPOTD and NODE for threat detection and mapping.
Mar 02 AI system delivery Positive +7.8% Fulfilled $1,000,000 subcontract for AI edge systems within 15 days of award.
Feb 25 AI demo event Positive +12.7% Planned demo of integrated AI capabilities at U.S. Army Autonomous Breach event.
Pattern Detected

Recent AI- and defense-related announcements have consistently drawn positive 24h reactions, suggesting the market has rewarded contract wins, demos and government validations.

Recent Company History

Over the last two months, SPAI has issued a series of U.S. Government–focused AI updates, including a rapid $1,000,000 AI edge-processing delivery on Mar 2 and multiple TiC 2.0 exercise milestones. Management and advisory appointments on Mar 25 supported its government capture push. Each of these five events produced positive next-day moves between 1.4% and 12.74%, framing today’s COO appointment as another step in that strategy.

Regulatory & Risk Context

Active S-3 Shelf
Shelf Active
Active S-3 Shelf Registration 2025-11-07

An effective-date S-3 shelf filed on Nov 7, 2025 registers up to 2,000,000 resale shares from the October 2025 PIPE. The company itself is not selling shares and would not receive proceeds from these stockholder resales. The shelf has 0 recorded usages and expires on Nov 7, 2028.

Market Pulse Summary

This announcement adds an experienced SOCOM acquisitions commander as SPAI’s first COO, supporting i...
Analysis

This announcement adds an experienced SOCOM acquisitions commander as SPAI’s first COO, supporting its push to convert a growing AI and defense pipeline into contracts and revenue. It follows multiple recent U.S. Government wins and demos that previously drew positive price reactions of up to 12.74%. Investors may watch for evidence of contract conversion, progress toward $5–$20 million revenue milestones, and how management leverages existing PIPE and resale structures.

Key Terms

ai, machine learning, socom, global war on terror (gwot), +4 more
8 terms
ai technical
"a developer of artificial intelligence (AI)-enabled defense, security, and situational awareness"
Artificial intelligence (AI) is technology that enables machines to mimic human thinking and learning, allowing them to analyze information, recognize patterns, and make decisions. For investors, AI matters because it can improve how businesses operate, create new products, or identify opportunities faster and more accurately than humans alone, potentially impacting company success and market trends.
machine learning technical
"he led the development and integration of AI and machine learning (ML) technologies"
Machine learning is a set of computer programs that learn patterns from large amounts of data and improve their predictions or decisions over time, like a recipe that gets better each time it’s adjusted based on taste tests. For investors it matters because these systems can speed up analysis, spot trends or risks humans might miss, automate routine work, and potentially create competitive advantages or cost savings that affect a company’s performance.
socom technical
"within U.S. Army Special Operations Command (SOCOM), where he led the development"
The U.S. Special Operations Command (SOCOM) is the military organization that plans and oversees highly specialized, often covert missions using elite forces and custom equipment; think of it as a focused task force within the military that handles the trickiest operations. Investors watch SOCOM because its unique procurement needs and budget priorities drive contracts, research and development, and revenue for defense suppliers and contractors, and shifts in its missions can affect company valuations and risk exposure.
global war on terror (gwot) technical
"includes serving in the Special Operations command in the Global War on Terror (GWOT)"
A long-term international campaign of military, intelligence and security actions aimed at preventing and disrupting terrorism worldwide. For investors it matters because such sustained security efforts shift government budgets, trade and travel rules, energy and insurance costs, and overall economic stability; think of it like a prolonged neighborhood security drive that changes local taxes, rules and where people choose to do business, which in turn affects company profits and market risk.
centcom technical
"supporting U.S. Central Command (CENTCOM) with strategic international partners"
U.S. Central Command (CENTCOM) is the branch of the U.S. military responsible for planning and overseeing operations and security across the Middle East, parts of Central and South Asia, and nearby waters. Investors watch CENTCOM because its actions can change regional stability, energy supply routes and defense spending; like a traffic controller for a volatile region, shifts in its posture can move oil prices, supply chains and stock values of defense and energy companies.
ballistic protection products technical
"for its patented AI and computer vision solutions, ballistic protection products, and drone-based"
Ballistic protection products are physical barriers—such as body armor, helmets, vehicle panels, shields and specialized fabrics—designed and tested to stop or reduce damage from bullets, shrapnel and other high-speed projectiles. Investors care because these products are subject to strict performance standards, government and law-enforcement procurement cycles, and public safety demand, so changes in defense spending, regulation or technology can directly affect sales, margins and long-term contracts.
drone-based services technical
"ballistic protection products, and drone-based services."
Drone-based services are commercial activities that use remotely piloted aircraft to perform tasks like delivering packages, inspecting infrastructure, mapping land, or collecting aerial images and sensor data. For investors, they matter because they can create new revenue streams, cut labor and operating costs, and scale operations quickly, but they also bring regulatory, safety and insurance risks that affect profitability and growth potential.
situational awareness technical
"defense, security, and situational awareness solutions, today announced the appointment"
Awareness of the real-time business, market and regulatory conditions that could affect an investment; like a driver scanning the road for hazards, it means continuously noting news, price moves, regulatory signals and other forces that change a company’s prospects. Investors rely on situational awareness to react quickly to risks and opportunities, adjust position size, protect capital and seize short‑lived advantages before the environment shifts.

AI-generated analysis. Not financial advice.

Veteran of 25+ Years in Special Operations, Strategic Acquisitions, and Advanced Technology Integration Joins Safe Pro as Company Accelerates Government Contract Pipeline

AVENTURA, Fla., April 06, 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 the appointment of Colonel (Ret.) Jarret Mathews as its first Chief Operating Officer (COO).

Colonel Mathews brings more than 25 years of operational leadership, defense acquisition expertise, and advanced technology integration experience to Safe Pro as the Company accelerates its government contract capture strategy for its patented AI and computer vision solutions, ballistic protection products, and drone-based services.

Prior to retiring from the US Army, Colonel Mathews served as Director of the Joint Acquisitions Task Force within U.S. Army Special Operations Command (SOCOM), where he led the development and integration of AI and machine learning (ML) technologies and drove acquisition reform initiatives to accelerate SOCOM's innovation pipeline. Colonel Mathews’ distinguished career includes serving in the Special Operations command in the Global War on Terror (GWOT) across the Middle East and Central Asia, assignment to the Pentagon, commanding of the Yakima Training Center, and holding a senior liaison role supporting U.S. Central Command (CENTCOM) with strategic international partners.

His appointment is a direct outgrowth of Safe Pro's strategy to deepen its defense sector relationships and convert its technology pipeline into awarded contracts and revenue.

Dan Erdberg, Chairman and CEO of Safe Pro Group, commented: "Over the past six months as a special advisor, Jarret has demonstrated exceptional leadership, enhanced our operational execution capabilities, and brought unique insights into the evolving procurement needs of the U.S. military. His appointment as COO reflects our confidence in both his expertise and in the significant contract opportunities we see ahead."

Colonel Mathews added: "I am committed to helping Safe Pro's teams execute at the highest level and, most importantly, to delivering value to our current and future customers and government partners. The momentum building around our solutions in the defense and commercial markets is real, and I look forward to contributing to its acceleration."

About Colonel Mathews
Colonel Mathews holds a B.S. in Civil Engineering from the United States Military Academy at West Point and a master’s degree in Global Affairs from the University of Kansas. He brings deep expertise at the intersection of national security, defense procurement, and emerging technology — directly aligned with Safe Pro's core markets.

The Company’s Safe Pro Object Threat Detection (SPOTD) AI platform analyzes imagery and video from virtually any drone to automatically detect and classify explosive threats and other objects of interest. The platform converts raw video into high-resolution 2D/3D geospatial models that can be rapidly shared to support operational decision-making in defense, security, and humanitarian missions. SPOTD is capable of identifying more than 150 types of landmines and UXO, enabling scalable situational awareness across large, high-risk areas. SPOTD has been deployed in active operational environments in Ukraine for over three years and is supported by a growing proprietary dataset comprising over 2.6 million analyzed images, more than 47,800 identified threats, and coverage of approximately 32,800 acres.

For real-world detection data, visit: https://safeproai.com/landmine-detections/

Inducement Grant
In connection with Colonel Mathews' appointment, the Compensation Committee of the Company's Board of Directors approved the grant of 20,000 inducement shares of the Company's common stock pursuant to Nasdaq Rule 5635(c)(4), as a component of his employment compensation and as an inducement material to his acceptance of employment with Safe Pro Group.

Information about Safe Pro Group, its subsidiaries, and technologies, please visit https://safeprogroup.com and connect with us on LinkedIn, Facebook, and X.

About Safe Pro Group Inc.
Safe Pro Group Inc. (NASDAQ: SPAI) 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/.

Forward-Looking Statements
Some of the statements in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. Forward-looking statements relate to future events, future expectations, plans and prospects. Forward-looking statements in this press release include, without limitation, Safe Pro’s ability to secure new contracts with the U.S. Army and government and the acceptance of its solutions by potential government, military and humanitarian organizations. Although Safe Pro Group believes the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. Safe Pro Group has attempted to identify forward-looking statements by terminology including ''believes,'' ''estimates,'' ''anticipates,'' ''expects,'' ''plans,'' ''projects,'' ''intends,'' ''potential,'' ''may,'' ''could,'' ''might,'' ''will,'' ''should,'' ''approximately'' or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, including market and other conditions. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth under Item 1A. in the Company’s most recently filed Form 10-K and updated from time to time in the Company’s Form 10-Q filings and in other filings with the Securities and Exchange Commission (the “SEC”), copies of which may be obtained from the SEC’s website at www.sec.gov. Any forward-looking statements contained in this press release speak only as of its date. Safe Pro Group undertakes no obligation to update any forward-looking statements contained in this press release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events, except as required by law.

Media Relations for Safe Pro Group Inc.:

media@safeprogroup.com

Investor Contact:

Ankit Hira, Managing Director
Solebury Strategic Communications for Safe Pro Group Inc.
spai@soleburystrat.com


FAQ

Who is Jarret Mathews and what is his role at Safe Pro (SPAI)?

Jarret Mathews is the newly appointed Chief Operating Officer at Safe Pro (SPAI). According to the company, he brings over 25 years of special operations, defense acquisition, and AI integration experience to lead operations and contract capture efforts.

When did Safe Pro (SPAI) appoint Colonel Mathews as COO and what was his prior engagement?

Safe Pro (SPAI) appointed Colonel Mathews on April 6, 2026 as COO. According to the company, he served as a special advisor to Safe Pro for six months before the appointment.

What relevant government experience does Colonel Mathews bring to Safe Pro (SPAI)?

Colonel Mathews led the Joint Acquisitions Task Force within U.S. Army Special Operations Command. According to the company, he directed AI/ML integration and acquisition reform for SOCOM innovation pipelines.

How might Colonel Mathews' appointment affect Safe Pro's government contract strategy (SPAI)?

The appointment is intended to accelerate Safe Pro's government contract capture strategy. According to the company, his acquisition and procurement expertise should deepen defense relationships and support contract conversions.

Does Safe Pro (SPAI) disclose any new contracts or revenue forecasts with this COO appointment?

No specific contracts or revenue forecasts were disclosed in the announcement. According to the company, the hire aims to convert the existing technology pipeline into awarded contracts and revenue over time.