Axon Enterprise, a Taser manufacturer based in Scottsdale, Arizona, has recently finalized a deal to acquire Dedrone, a company located in Sterling that specializes in the production of drone-jamming and detection devices.
The companies announced on Monday that the transaction is anticipated to conclude in the latter half of 2024, with no disclosure of the deal's terms.
Dedrone’s portable gunlike drone jammer can thwart aerial drones by disrupting communications links with targeted radio pulses. The company has worked with police departments, the U.S. Army and other military and commercial clients. Dedrone has partnered with the Ukrainian government to provide nearly 300 sensors capable of identifying and detecting radio signatures of nearly 250 different models of drones, according to Dedrone’s website. It has also sent riflelike devices to Ukraine that have been used to jam Russian drones, according to The New York Times.
Dedrone utilizes artificial intelligence and machine learning to offer a constant and independent process of questioning and validating drones. Its technology is capable of identifying and deterring unauthorized drones in various locations, including military bases, airports, and public events.
Axon, previously recognized as Taser International, is most famous for its Taser products, along with body cameras, dash cameras, and cloud-based digital evidence management systems. The company serves clients in the first responder sector, including local, state, and federal law enforcement personnel.
The acquisition of Dedrone will enhance Axon's capacity to assist clients in securing their communities, enhancing their response to crucial incidents, and safeguarding additional lives across various locations, as stated in the news release issued by the companies.
Axon founder and CEO Rick Smith stated that by merging Axon's 30-year history of innovation with Dedrone's state-of-the-art airspace security solutions, they intend to transform public safety once more. Smith emphasized that their collaboration will speed up the development of a more sophisticated end-to-end drone solution that allows beneficial drones to operate while preventing harmful ones from doing so.
In 2017, Taser International underwent a rebranding and changed its name to Axon. Axon's revenue increased by 34% in the first quarter of 2024, with recurring revenue reaching $825 million.
In a statement, Dedrone CEO Aaditya Devarakonda emphasized that Dedrone's influence is expanding in various sectors, including federal governments, utilities, critical infrastructure, event venues, airports, correctional facilities, and other enterprises. This, combined with Axon's robust network of interconnected devices and software, will position us as leaders in safeguarding not just our communities but also the security of nations worldwide.
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