United States Marshals Service to adopt TASER 10 and companion virtual reality training solutions

Rhea-AI Summary

Axon (Nasdaq: AXON), a leader in public safety technology, announced that the U.S. Marshals Service (USMS) has deployed TASER 10, their latest less-lethal energy weapon. The new TASER can deploy 10 individually targeted probes at distances of up to 45 feet, enhancing safety and decision-making capabilities. Additionally, the USMS will pilot Axon's VR Training solution, which offers immersive, cost-effective training for real-world scenarios. This initiative aims to improve the performance and safety of Deputy U.S. Marshals engaged in fugitive apprehension, judiciary security, and witness protection. The TASER 10's integration with Axon's body-worn cameras will provide automatic activation and enhance situational awareness and accountability.

Positive

• TASER 10 can deploy 10 probes at up to 45 feet, offering improved safety and decision-making.
• USMS to pilot Axon's cost-effective VR Training solution for real-world scenarios.
• Seamless integration with Axon's body-worn cameras enhances situational awareness and accountability.
• Current TASER X26P devices will be replaced, ensuring up-to-date equipment for USMS.

Negative

• None.

Insights

Financial Analyst

Axon's announcement about the deployment of TASER 10 and VR training solutions to the U.S. Marshals Service (USMS) is significant for investors. The acquisition by the USMS not only expands Axon's market presence but also suggests a growing demand for their advanced technological solutions in the public safety sector.

This deployment is a strong indicator of Axon's ability to secure government contracts, which can offer consistent and substantial revenue streams. The contract for replacing existing TASER X26P devices with TASER 10 could lead to follow-up orders as other government agencies might adopt similar technology.

Another financial aspect to consider is the VR training solution. This component enhances Axon's value proposition by reducing the cost and time required for training, making their package more attractive. The integration with body-worn cameras is a compelling selling point, as it links multiple products in their portfolio, potentially increasing cross-selling opportunities.

Retail investors should note that Axon's stock performance may benefit from this contract, especially if it leads to further governmental adoptions. However, they should also be aware of potential competition and the need for continuous innovation to maintain their market lead.

Tech Expert

The deployment of TASER 10 introduces some notable advancements in less-lethal technology. One key feature is the ability to deploy 10 individually targeted probes at a range of up to 45 feet. This innovation offers considerable strategic advantages in law enforcement by providing officers with more options and time to handle potentially dangerous situations safely.

Additionally, the VR training is a standout component. By enabling officers to practice in realistic scenarios, it builds muscle memory and proficiency without the need for live cartridges or extended training sessions. This approach not only improves the efficiency of training programs but also reduces costs and logistical challenges.

The integration of TASER 10 with body-worn cameras through automatic signal activation is another significant enhancement. It ensures that critical incidents are recorded without the need for manual activation, improving situational awareness and accountability.

For investors, these technological advancements highlight Axon's commitment to innovation and their ability to address the evolving needs of law enforcement agencies. This positions Axon well in a market that values cutting-edge, reliable and integrative solutions.

Market Research Analyst

From a market perspective, Axon's new deployment with the USMS could have far-reaching implications for the public safety technology market. The increased adoption of TASER 10 and VR training solutions by a major federal agency like the USMS sets a precedent that could influence other law enforcement bodies to follow suit. This can potentially expand Axon's market share in the public safety sector.

The trend towards less-lethal solutions and the adoption of advanced training methods reflect broader industry movements toward enhanced safety and accountability. Agencies are increasingly looking for comprehensive solutions that not only provide immediate tactical benefits but also integrate seamlessly with existing systems, such as body-worn cameras.

Axon’s success with the USMS could serve as a case study and a compelling example for other agencies, both domestically and internationally, thus driving future sales. Moreover, the VR training's cost-effectiveness and efficiency can be a compelling factor during budget considerations, potentially leading to wider adoption.

For retail investors, understanding these market dynamics and Axon's strategic positioning is crucial. The company's ability to secure and leverage major contracts highlights their market strength and potential for growth in a sector that prioritizes technological advancements and safety.

Cutting-edge less-lethal technology will enhance safety, alongside immersive virtual reality training pilot to prepare US Marshals for dynamic real-world scenarios

SCOTTSDALE, Ariz., June 25, 2024 /PRNewswire/ -- Axon (Nasdaq: AXON), the global public safety technology leader, today announced that the United States Marshals Service (USMS) has deployed Axon's next-gen less-lethal energy weapon, TASER 10. The USMS will also be piloting Axon's VR Training solution to support the deployment of TASER 10 and to provide more affordable and accessible training across a variety of immersive real-world scenarios.

TASER 10 will play a pivotal role for the USMS in training and equipping Deputy U.S. Marshals in fugitive apprehension, judiciary security, and safeguarding witnesses under the purview of the Witness Security Division. Advanced capabilities of TASER 10 include the ability to deploy 10 individually targeted probes at a longer range of up to 45 feet, enabling users to create their own spread and affording more time and space for decision-making, reducing risk for everyone involved when stopping a threat. By leveraging Axon's VR Training with this deployment, the USMS will also benefit from training that enables officers to build muscle memory and train to proficiency on TASER devices without the need for extensive training time and live cartridge consumption. This deployment will ensure a cohesive approach to law enforcement operations and replace the USMS's existing inventory of TASER X26P devices.

"Protecting life is at the core of everything we do at Axon, and we are proud to support the U.S. Marshals Service in their commitment to saving lives and enhancing public safety," said Axon President Josh Isner. "We have seen a clear link between improved performance and safety when agencies adopt less-lethal energy weapons and VR training solutions. This partnership will allow the USMS to immerse in realistic scenarios through virtual reality, enabling versatile training at any time and at a fraction of traditional costs. It also highlights their commitment to utilizing less-lethal alternatives, promoting accountability, training, and safety for both officers and the communities they serve."

Building on the success of their body camera program, which has significantly enhanced interactions between Deputy U.S. Marshals and the public since its deployment in 2021, the TASER 10 will seamlessly integrate with Axon body-worn cameras using signal activation. This integration enables the auto-activation of cameras when the device is pulled from the holster. This feature ensures that critical moments are captured automatically, enhancing situational awareness and accountability and is supported by Axon's digital evidence management system, which has achieved FedRAMP High Authorization for US government customers.

ABOUT AXON
Axon is the technology leader in global public safety. Our moonshot goal is to cut gun-related deaths between police and the public in the U.S. by 50% before 2033. Axon is building the public safety operating system of the future by integrating hardware devices and cloud software solutions that lead modern policing, defense and security. The Axon Ecosystem includes TASER energy devices, body-worn cameras, in-car cameras, cloud-hosted digital evidence management solutions, productivity software, real-time operations capabilities and third-party integrations through Axon's partner network. Axon's growing global customer base includes first responders across international, federal, state and local law enforcement, fire, corrections and emergency medical services, as well as the justice sector, commercial enterprises and consumers.

Non-Axon trademarks are property of their respective owners.

Axon, Axon Ecosystem, Axon VR, X26P, TASER and TASER 10 are trademarks of Axon Enterprise, Inc., some of which are registered in the US and other countries. For more information visit www.axon.com/legal. All rights reserved.

Follow Axon here:

• Axon on X/Twitter: https://twitter.com/axon_us
• Axon on Facebook: https://www.facebook.com/Axon.ProtectLife/

MEDIA CONTACT:
Alex Engel
Vice President, Corporate Communications
Press@Axon.com

 

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SOURCE Axon

FAQ

What did Axon announce regarding TASER 10 on June 25, 2024?

Axon announced that the U.S. Marshals Service has deployed the TASER 10, a next-generation less-lethal energy weapon.

What are the advanced capabilities of TASER 10?

TASER 10 can deploy 10 individually targeted probes at a range of up to 45 feet, allowing for better decision-making and reduced risk.

What training solution will the U.S. Marshals Service pilot?

The U.S. Marshals Service will pilot Axon's VR Training solution to support the TASER 10 deployment.

How does the TASER 10 integrate with Axon's body-worn cameras?

TASER 10 integrates with Axon's body-worn cameras using signal activation, which automatically activates the cameras when the TASER is pulled from the holster.

What benefits does Axon's VR Training solution offer?

Axon's VR Training solution offers immersive, affordable, and accessible training that helps build muscle memory and train to proficiency without extensive time and resource consumption.