Sterling drone-jamming firm to be acquired by Taser maker Axon
Dedrone, a company known for its expertise in creating drone-jamming and detection devices, has recently agreed to be acquired by Axon Enterprise, a Taser manufacturer based in Scottsdale, Arizona.
According to Monday's announcement, the companies expect the transaction to be concluded in the second half of 2024, while keeping the terms of the deal undisclosed.
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 employs AI and machine learning to establish an uninterrupted and autonomous process of interrogating and validating drones. Its state-of-the-art devices are specifically engineered to detect and deter unwanted drones in high-security locations such as military bases, airports, and public events.
Axon, previously identified as Taser International, is widely recognized for its Taser devices, body cameras, in-car cameras, and cloud-based digital evidence management platforms. The company's customer base includes first responders, including local, state, and federal law enforcement officers.
The companies highlighted in a news release that the acquisition of Dedrone will reinforce Axon's ability to assist customers in securing their communities, improving their response to critical incidents, and protecting more lives in different places.
Rick Smith, the founder and CEO of Axon, declared the company's commitment to transforming public safety by combining Axon's 30-year legacy of innovation with Dedrone's cutting-edge airspace security solutions. Smith underscored the collaborative initiative to accelerate the development of a sophisticated end-to-end drone solution that facilitates the operation of beneficial drones while deterring malicious ones.
Following a rebranding in 2017, Taser International changed its name to Axon. Axon achieved a revenue growth of 34% in the first quarter of 2024, with recurring revenue totaling $825 million.
Dedrone CEO Aaditya Devarakonda expressed that Dedrone's impact is expanding across various industries, including federal governments, utilities, critical infrastructure, event venues, airports, correctional facilities, and other enterprises. The combination of Axon's powerful network of connected devices and software further strengthens our position in ensuring the safety of our communities and the security of nations worldwide.
Comments
Post a Comment