Guardforce AI Expands AIoT Robot Advertising to U.S. Market and Prepares to Launch Decentralized Spatial Computing Solution in Late August

Rhea-AI Summary

Guardforce AI Co., (NASDAQ: GFAI) has announced the expansion of its AIoT Robot Advertising business into the U.S. market, starting with over 200 robots in New York. The company is also preparing to launch a decentralized spatial computing solution in late August. These initiatives are expected to generate new revenue streams across all operating areas.

Key points:

• Robots are strategically placed in high-traffic areas for maximum advertising impact
• Connected to the Intelligent Cloud Platform for real-time campaign data
• Decentralized spatial computing solution will utilize unused robot computing power
• Additional revenue to be earned based on completed tasks and online time

CEO Lei Wang expressed excitement about the U.S. expansion and the potential of decentralized spatial computing in the growing AI and robotics market.

Positive

• Expansion of AIoT Robot Advertising business into the U.S. market with initial deployment of over 200 robots in New York
• Launch of decentralized spatial computing solution expected in late August
• New revenue streams anticipated across all operating areas
• Strategic positioning of robots in high-traffic areas for increased advertising impact
• Real-time campaign data access for advertisers through the Intelligent Cloud Platform
• Additional revenue potential from decentralized spatial computing based on task completion and online time

Negative

• None.

Insights

Tech Expert

Guardforce AI's expansion into the U.S. market with AIoT Robot Advertising marks a significant technological leap. The deployment of 200+ robots in high-traffic areas creates a smart advertising network, leveraging real-time data analytics for campaign optimization. This move aligns with the growing trend of IoT-driven marketing solutions.

The upcoming launch of decentralized spatial computing is particularly intriguing. By utilizing idle computing power, Guardforce AI is maximizing resource efficiency and tapping into the burgeoning field of edge computing. This could potentially position them as pioneers in the intersection of robotics and distributed computing, opening up new avenues for revenue generation and technological innovation in the AI and robotics sector.

Market Research Analyst

Guardforce AI's U.S. market entry with AIoT Robot Advertising could be a game-changer for local and national brands. By placing robots in high-foot-traffic areas, they're creating a unique out-of-home advertising channel that combines physical presence with digital analytics. This could appeal to advertisers seeking innovative ways to reach consumers in an increasingly fragmented media landscape.

The real-time campaign data offered through their Intelligent Cloud Platform is a significant value proposition, allowing for agile marketing strategies. However, the success of this venture will largely depend on consumer acceptance of robot interactions and the effectiveness of this new advertising medium in driving brand awareness and sales conversions.

Financial Analyst

Guardforce AI's expansion into the U.S. market and the introduction of decentralized spatial computing solutions present promising revenue diversification opportunities. The AIoT Robot Advertising business could potentially tap into the $8.5 billion U.S. out-of-home advertising market. However, initial capital expenditure for robot deployment and ongoing maintenance costs need to be considered.

The decentralized spatial computing initiative is particularly intriguing from a financial perspective. By monetizing unused computing power, Guardforce AI is essentially creating a new revenue stream from existing assets, which could significantly improve their return on investment. This move could potentially boost profit margins, but it's important to monitor the adoption rate and revenue generation capacity of this new offering.

Anticipates New Revenue Stream Across All Operating Areas

NEW YORK, NY, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), an integrated security, AI and Robot-as-a-Service (RaaS) provider, today announced the expansion of its Artificial Intelligence of Things (AIoT) Robot Advertising business into the U.S. market, beginning with the initial deployment of over 200 robots in New York. This significant milestone is a key step in Guardforce AI's broader strategy to expand its advertising business. Additionally, the Company has completed the proof-of-concept for a decentralized spatial computing solution on its robots, which is expected to launch in late August.

These solutions are expected to generate additional revenue streams across Guardforce AI’s operations. To enhance customer engagement and visibility, robots deployed in the U.S. are strategically positioned in high-traffic areas, including restaurant entrances, supermarkets, and hotels. This strategy will establish an impactful advertising network, amplifying the reach and impact of both local and national brands. All robots are connected to the Guardforce AI Intelligent Cloud Platform (ICP), providing advertisers with access to real-time campaign data. This allows advertisers to refine and optimize their strategies based on detailed exposure metrics, including the number of impressions during specific timeframes and locations.

In an effort to expand AI solutions and fully leverage its robotics capacity, Guardforce AI plans to launch decentralized spatial computing solutions across all its robots in the U.S in late August. This solution will automatically detect the robots’ unused computing power and distribute tasks from a central platform, enabling each robot to contribute to complex computations while simultaneously performing its primary functions. Guardforce AI will earn revenue based on the number of tasks completed and the total duration of robots’ online time. This initiative not only maximizes the robots' efficiency but also generates an additional revenue stream for Guardforce AI.

Lei (Olivia) Wang, Chairwoman and CEO of Guardforce AI, stated, “We’re excited to expand our AIoT Robot Advertising business to the U.S., and the market response has been quite positive. What’s even more exciting is the upcoming launch of the decentralized spatial computing solution. Decentralized spatial computing is a massive market, especially as the demand for computing power surges with the rapid development of AI and robotic technologies. This will not only enhance the actual value of our robots, but also provides an additional revenue stream to our operations.Though it takes time to localize these solutions, we still look forward to expanding this solution to other regions we’re operating in as well.”

About Guardforce AI Co., Ltd.

Guardforce AI Co., Limited (NASDAQ: GFAI/GFAIW) is a global integrated solution provider, focusing on implementing AI and robotics solutions to improve business operational efficiency and sales and marketing process, especially for retail and travel industry in the Asia Pacific. Drawing upon 42 years’ operational experience, established premiere long-term customer base, and sales channels, Guardforce AI has built a robust foundation towards next level of elevating tailored AI solutions and expanding globally. For more information, visit www.guardforceai.com, Twitter: @Guardforceai.

Safe Harbor Statement

This press release contains statements that do not relate to historical facts but are "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can generally (although not always) be identified by their use of terms and phrases such as anticipate, appear, believe, continue, could, estimate, expect, indicate, intend, may, plan, possible, predict, project, pursue, will, would and other similar terms and phrases, as well as the use of the future tense. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on current beliefs, expectations and assumptions regarding the future of the business of the Company, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control, including the risks described in our registration statements and reports under the heading "Risk Factors" as filed with the Securities and Exchange Commission. Actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Forward-looking statements in this press release speak only as of the date hereof. Unless otherwise required by law, we undertake no obligation to publicly update or revise these forward-looking statements, whether because of new information, future events or otherwise.

Investor Relations:
David Waldman or Natalya Rudman
Crescendo Communications, LLC
Email: gfai@crescendo-ir.com
Tel: 212-671-1020

Guardforce AI Corporate Communications
Hu Yu
Email: yu.hu@guardforceai.com

FAQ

What is Guardforce AI's latest expansion in the U.S. market for GFAI stock?

Guardforce AI (GFAI) is expanding its AIoT Robot Advertising business into the U.S. market, starting with the deployment of over 200 robots in New York.

When is Guardforce AI (GFAI) launching its decentralized spatial computing solution?

Guardforce AI (GFAI) is preparing to launch its decentralized spatial computing solution in late August 2024.

How will the new U.S. expansion and spatial computing solution affect GFAI's revenue?

These initiatives are expected to generate new revenue streams across all of Guardforce AI's (GFAI) operating areas, including earnings from completed tasks and robot online time.

Where are Guardforce AI's advertising robots being deployed in the U.S.?

Guardforce AI's advertising robots are being strategically positioned in high-traffic areas in the U.S., including restaurant entrances, supermarkets, and hotels.