Welcome to our dedicated page for Guardforce Ai Co news (Ticker: GFAIW), a resource for investors and traders seeking the latest updates and insights on Guardforce Ai Co stock.
Guardforce AI Co (GFAIW) delivers cutting-edge robotic security solutions and comprehensive cash logistics services across Asia Pacific. This news hub provides investors with essential updates spanning both technological innovations and financial operations.
Access official press releases covering new product launches, strategic partnerships, and operational milestones. Track developments in thermal imaging robotics, cash handling systems, and expansion into retail/hospitality sectors. Our curated updates ensure timely awareness of earnings reports, leadership changes, and service enhancements.
Key focus areas include AI-driven security robots for commercial environments, ATM management solutions in Thailand, and RaaS (Robot-as-a-Service) deployments. Content is vetted for relevance to shareholder interests and market positioning.
Bookmark this page for consolidated access to Guardforce AI's financial disclosures, technology patents, and cross-industry contract announcements. Stay informed about this dual-sector innovator through verified updates maintained by Stock Titan's editorial team.
Guardforce AI Co. (NASDAQ: GFAI, GFAIW) will hold a virtual roadshow on January 25, 2022 at 11:00 a.m. ET. The presentation, led by Chairman Terence Yap, will cover the company's operational progress, growth initiatives, and strategic vision. A question-and-answer session will follow. Investors can access the webcast via a provided link or dial-in using specified numbers. For inquiries, questions should be sent to GFAI@mzgroup.us.
For more details, visit www.guardforce.ai.
Guardforce AI Co. (NASDAQ:GFAI) announced a securities purchase agreement to raise approximately $10.3 million through a private placement of 7,919,997 ordinary shares and warrants. The purchase price is set at $1.30 per share, and warrants will be exercisable immediately with a five-year expiration. Proceeds will be used for acquisitions, technology investments, and general working capital. The offering is expected to close on January 20, 2022, pending customary conditions.
Guardforce AI Co., Limited (NASDAQ:GFAI, GFAIW) has announced plans to expand its Robotics as a Service (RaaS) offering through the acquisition of Shenzhen Keweien Robot Service Co., Ltd and Guangzhou Kewei Robot Technology Co., Ltd. The acquisition is expected to be completed by the end of February 2022 and is valued at approximately US$10 million, with 90% paid in restricted shares. This strategic move aims to strengthen Guardforce AI's presence in China's rapidly evolving robotics market.
Guardforce AI Co. (NASDAQ: GFAI, GFAIW) has reported preliminary unaudited results for 2021, projecting net revenues between $33-$35 million, a decline of 9.3% to 14.5%. For 2022, the company anticipates significant growth, estimating net revenues of $55-$60 million, a rise of over 66%. Inorganic revenues are expected to contribute $21 million, while non-cash revenues may reach $25.5 million. The company expresses confidence in its growth strategy focusing on cybersecurity and robotics amidst ongoing COVID-related challenges.
Guardforce AI (NASDAQ:GFAI, GFAIW) released a letter to shareholders detailing significant growth in 2021. The company transitioned from cash logistics to integrated security solutions and successfully entered the U.S. capital markets, raising approximately $15 million. Key developments include the acquisition of Handshake Networking and the merger with GF Robotics, expanding their robotics and cybersecurity offerings. Guardforce AI aims to enhance its Robots as a Service platform and further strategic acquisitions, leveraging its strong market position and partnerships in Thailand.
Guardforce AI Co., Limited (NASDAQ:GFAI, GFAIW) released its interim financial results for the six months ending June 30, 2021. The company reported revenues of approximately $18.4 million, down from $18.7 million in 2020, reflecting challenges from COVID-19. The loss from operations increased to $1.3 million, up from $0.8 million previously. Despite a 74.9% increase in net cash from operating activities to $2 million, the gross margin decreased to 11.2%. Guardforce AI announced its U.S. expansion through a $2 million acquisition of SBC Global Holdings, significantly funded by shares.
Guardforce AI Co. (NASDAQ:GFAI, GFAIW) has announced plans to expand into the U.S. market through the acquisition of SBC Global Holdings Inc. for approximately $2 million, expected to close by January 31, 2022. The purchase will be financed with 10% cash and 90% equity, valued at $4.20 per share, with vesting over two years. CEO Robert Shiver will continue to lead SBC, providing Guardforce with enhanced opportunities in diverse market segments. This strategic acquisition aims to bolster Guardforce's operations in the U.S. and Canada, leveraging SBC's robotic Technology-as-a-Service offerings.
Guardforce AI Co., Limited (NASDAQ:GFAI, GFAIW) announced its selection to operate the Consolidated Cash Center in Hadyai, Thailand, a significant step in expanding its leadership in the cash center outsourcing market. The decision, made in collaboration with the Thai Bankers' Association and the Bank of Thailand, positions the center as the sole facility in Thailand's deep southern region, servicing seven provinces. This win follows an earlier five-year contract for another cash center in Khon Kaen, further solidifying Guardforce AI's credibility with the Thai government.
Guardforce AI has announced its strategic expansion into two new markets in the Asia Pacific region: Macau and Malaysia. This expansion is facilitated by the merger of Macau GF Robotics Limited and GF Robotics Malaysia Sdn. Bhd., targeting sectors including education, hospitality, retail, and corporate services. The merger is expected to be finalized by the end of January 2022, promising immediate growth opportunities. The company's Chairman, Terence Yap, emphasized the growth potential in the Greater Bay Area and Malaysia's status as Southeast Asia's fourth-largest economy.
Guardforce AI Co., Limited has announced its merger with Guardforce AI Singapore Pte. Ltd., marking a strategic relocation of its corporate headquarters to Singapore. This merger is approved by the company's audit committee and board and is expected to finalize by mid-November 2021. The move aims to strengthen operations in the robotics and cybersecurity sectors within the Asia-Pacific region. Chairman Terence Yap emphasized that Singapore's ecosystem is vital for enhancing their competitive position and exploring new partnerships in AI and cybersecurity.
