Welcome to our dedicated page for Axon Enterprise news (Ticker: AXON), a resource for investors and traders seeking the latest updates and insights on Axon Enterprise stock.
Axon Enterprise (AXON) delivers transformative public safety solutions through integrated hardware and cloud software, including TASER devices, body cameras, and AI-powered evidence management systems. This page provides official updates on strategic developments shaping modern law enforcement technology.
Access timely announcements covering product innovations, financial performance, and operational milestones. Key updates include quarterly earnings reports, new technology deployments, government partnerships, and regulatory developments impacting the public safety sector.
Designed for investors and industry professionals, this resource consolidates verified information from Axon's communications. Monitor progress in digital evidence management, VR training solutions, and real-time operations platforms that redefine police agency capabilities.
Bookmark this page for structured access to Axon's evolving ecosystem of connected safety technologies. Return regularly to track how the company advances its mission through continuous innovation in less-lethal devices and cloud-based operational tools.
Axon (Nasdaq: AXON) announced a partnership with Six Flags Entertainment Corp. to enhance security at amusement parks across the U.S. by deploying 600 Axon Body 2 cameras integrated with Axon Evidence, a digital evidence management solution. This initiative aims to improve safety and transparency for both staff and visitors. The order was shipped in Q2 of 2021, signaling Axon's commitment to providing advanced safety solutions in commercial sectors. The collaboration is part of Axon's broader strategy to expand its technological offerings in private security and entertainment venues.
Axon has announced its acquisition of My90, Inc., a company that focuses on collecting anonymized community feedback to enhance public safety trust and equity. Founded in 2016, My90 has developed tools for police agencies to gather anonymous feedback effectively. As part of the acquisition, My90's CEO, Kona Shen, will take on the role of VP and General Manager at Axon. The financial terms of the deal were not disclosed, but Axon aims to integrate My90's capabilities into its existing Community Impact initiatives, promoting stronger community-police relationships.
Axon (Nasdaq: AXON) announced a partnership with the Gujarat State Police in India to equip its officers with 10,350 body-worn cameras and digital evidence management technology. This initiative includes Axon's real-time situational awareness software, enhancing policing capabilities across Gujarat. This deployment marks Gujarat Police as the first agency in India to integrate body cameras with a digital evidence platform. Axon aims to expand its presence in India following Gujarat's earlier adoption of TASER devices.
On August 9, 2021, Axon, the leader in connected public safety technologies, launched the TASER Pulse: Kryptek Edition, a limited edition self-defense device priced at $429.99. This product features Kryptek's Altitude camouflage pattern and leverages technology trusted by law enforcement, allowing users to immobilize threats for up to 30 seconds. This collaboration with Kryptek aims to enhance civilian self-defense capabilities. The device is available for pre-order starting August 9, 2021.
Axon reported a robust Q2 2021, with total revenue reaching $219 million, up 55% year-over-year, driven by significant domestic and international demand. Notably, international revenue surged 60%.
Highlights included a 60% increase in TASER segment revenue and the launch of Axon Fleet 3 with an AI-powered feature. The company also announced a new VR Simulator for training, which saw bookings grow more than eight-fold, reaching nearly $8 million in H1 2021.
Aira Inc. has closed a $12 million Series Seed funding round to expedite its expansion into the automotive, enterprise, and hospitality sectors. This capital will enhance operational and engineering resources ahead of the FreePower® 2.0 launch slated for this year. The company has secured its first patents for FreePower® and holds over 80 patents related to wireless charging technology. Additionally, Axon CFO Jawad Ahsan has joined Aira's board, bringing significant financial expertise.
Axon (Nasdaq: AXON) announced it will release its second quarter 2021 financial results on August 5, 2021, after market close. A live webinar featuring CEO Rick Smith, President Luke Larson, and CFO Jawad Ahsan will occur at 5 p.m. ET on the same day to discuss the results. Participants can access the call via Axon's investor relations website, where an archived replay will be available post-call. Additionally, Axon management will participate in two upcoming virtual conferences: Northcoast Research on August 10 and Needham on November 18.
Axon (Nasdaq: AXON) announced a 10-year contract with the Virginia Beach Police Department to deploy TASER 7 energy weapons and body-worn cameras under its Officer Safety Plan 7+ (OSP 7+). This agreement marks Virginia Beach as the 55th member of the Major Cities Chiefs Association to join the Axon Network. The OSP 7+ includes advanced technology like Axon Body 3 cameras and software for managing digital evidence. The company also reported significant orders from Cobb County Sheriff, Mobile Police Department, and Kern County Sheriff, enhancing its market position.
Axon (Nasdaq: AXON) has secured a national tender to supply 4,482 TASER conductive electrical devices (CEDs) to Italy's law enforcement agencies, including Polizia di Stato and Arma dei Carabinieri. This contract, signed in July 2021, follows successful trials that began in 2014 and received government approval in January 2020. The deployment aims to enhance public safety and reduce injuries during law enforcement operations. Axon continues expanding its footprint in Italy, focusing on delivering innovative technologies for safer policing.
The Toronto Police Service (TPS) will deploy an additional 1,728 Axon TASER 7 Conducted Energy Devices, increasing total deployments to 2,350 units. This expansion ensures that every officer in the field is outfitted with a TASER, enhancing community safety and officer accountability. The decision follows an independent review indicating successful de-escalation through the use of CEDs. The rollout is scheduled for Summer 2021, reinforcing TPS's commitment to effective, responsible law enforcement.
