Axon Enterprise

Axon Enterprise, Inc., formerly known as TASER International, is an American technology company headquartered in Scottsdale, Arizona, that has transformed from a non-lethal weapons manufacturer into a comprehensive public safety technology platform. The company develops and manufactures connected devices and cloud-based software solutions for law enforcement, military, and civilian use, with a moonshot goal to cut gun-related deaths between police and the public by 50% before 2033.

Founded in 1993 by brothers Rick and Tom Smith following a tragic road rage incident that killed two of Rick's friends, Axon began with the TASER electroshock weapon and has since evolved into an ecosystem of hardware and software products. The company's product portfolio now includes body-worn cameras that hold an 85% market share among major U.S. city police departments, in-car camera systems, cloud-based digital evidence management through Evidence.com, and cutting-edge AI solutions like Draft One for automated report writing and Axon Assistant for real-time officer support.

Axon's business model centers on creating an integrated technology ecosystem with high switching costs. The company combines sensors (TASER weapons, body cameras, dashcams), software (Evidence.com, Axon Records, Axon Dispatch), and services (VR training, data analytics) into comprehensive Officer Safety Plans that departments purchase as bundles. This approach has driven remarkable financial performance, with 2024 revenue reaching $2.1 billion, marking the third consecutive year of 30%+ growth, and annual recurring revenue hitting $1.0 billion.

The company has successfully positioned itself at the intersection of public safety and artificial intelligence, launching products like Draft One in 2024, which uses AI to generate police reports from body camera audio, and securing major acquisitions like Fusus ($106 million) for real-time crime center platforms and Carbyne ($625 million announced in November 2025) to revolutionize 911 emergency response. With approximately 4,100 employees and operations in over 100 countries, Axon continues to expand beyond traditional law enforcement into enterprise security, having launched Axon Body Workforce cameras for retail, healthcare, and logistics sectors.

Axon's competitive advantages include its dominant market position in body cameras, extensive cloud-based evidence repository managing billions of files, strong relationships with over 18,000 law enforcement agencies worldwide, and a culture of rapid innovation supported by $200+ million in annual R&D investment. The company has set ambitious 2025 guidance of $2.55-2.65 billion in revenue and maintains industry-leading adjusted EBITDA margins approaching 25%.