Axon Enterprise (Nasdaq: AXON), the dominant US provider of police body cameras and Tasers serving over 18,000 law enforcement agencies, entered a definitive agreement to acquire Carbyne for $625 million in an all-cash transaction expected to close in Q1 2026. The acquisition consolidates …
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Amazon’s Ring announced partnerships with both Flock Safety and Axon, marking a dramatic reversal of its January 2024 commitment to limit police access to user footage. The partnerships enable law enforcement agencies to request Ring doorbell camera footage through third-party platforms …
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On February 25, 2025, Axon Enterprise reported 2024 annual revenue of $2.1 billion, representing 33% year-over-year growth and marking the company’s third consecutive year exceeding 30% revenue expansion. The financial results demonstrated the extraordinary profitability of Axon’s …
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On April 23, 2024, Axon released Draft One, an AI-powered system that automatically generates police report narratives from body-worn camera audio using OpenAI’s GPT-4 Turbo model built on Microsoft Azure infrastructure. The system transcribes audio from Axon Body 3 and 4 cameras uploaded over …
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On June 6, 2022, nine members of Axon’s thirteen-member AI and Policing Technology Ethics Board resigned in protest after the company announced plans to develop Taser-equipped drones for deployment in schools to respond to mass shootings. The resigning members—including founding chair Barry …
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On February 20, 2020, Axon announced the launch of Axon Air, an end-to-end drone surveillance platform that livestreams aerial footage directly into the company’s Evidence.com cloud storage system. The system integrated with DJI Mavic 2 Enterprise and Matrice 200 series drones, enabling law …
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On June 27, 2019, Axon announced it would not commercialize facial recognition technology for body cameras following recommendations from its AI and Policing Technology Ethics Board. The board’s first major report concluded that “facial recognition simply isn’t good enough right …
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On May 4, 2018, Axon Enterprise acquired VieVu LLC, its primary competitor in the police body camera industry, for $7.1 million ($4.6 million cash and $2.5 million in stock) plus performance-based milestone payments of 141,000 additional shares. The acquisition eliminated meaningful competition in …
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On April 7, 2017, TASER International announced its rebrand to Axon Enterprise, signaling a strategic pivot from weapons manufacturer to comprehensive police technology platform provider. The name change reflected the company’s evolution toward cloud-based evidence management and AI-powered …
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