Axon to amass Dedrone

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PRESS RELEASE

SCOTTSDALE, Ariz. — Axon (Nasdaq: AXON), the worldwide public security expertise chief, introduced at this time it has entered right into a definitive settlement to amass Dedrone, a world chief in airspace safety. Axon’s mission to Shield Life finds a strong ally in Dedrone, whose revolutionary applied sciences present immense worth to public security and nationwide safety entities worldwide by defending towards growing drone threats and advancing using Drones as First Responders (DFR). Finally, upon completion of the acquisition, Dedrone will strengthen Axon’s capability to assist prospects safeguard their communities, enhance response to vital incidents and shield much more lives in additional locations.

“By combining Axon’s 30-year legacy of innovation with Dedrone’s cutting-edge airspace safety options, we intention to revolutionize public security as soon as once more,” mentioned Axon Founder and CEO Rick Smith. “Collectively, we are going to speed up our efforts in making a extra superior end-to-end drone answer that permits the great drones to fly and helps make sure the unhealthy ones don’t.” Dedrone Chief Government Officer Aaditya Devarakonda mentioned: “Dedrone’s rising affect throughout industries corresponding to federal governments, utilities and important infrastructure, occasion venues, airports, correctional services and different enterprises, coupled with Axon’s highly effective ecosystem of linked gadgets and software program, will put us on the forefront of guaranteeing not solely the security of our communities but additionally the safety of countries world wide.”

The transaction is topic to customary closing situations and is predicted to shut within the second half of 2024. The phrases of the transaction weren’t disclosed. Axon was suggested by Sullivan & Cromwell LLP and Morgan, Lewis & Bockius LLP, and Dedrone was suggested by Tidal Companions and Wilmer Cutler Pickering Hale and Dorr LLP in reference to the transaction.

About Dedrone

Dedrone is the worldwide chief in good airspace safety. A whole lot of business, authorities and navy prospects world wide depend on Dedrone’s complete, command and management (C2) answer to guard towards the persistent and escalating menace from drones whereas enabling “good” drones to fly. By leveraging AI/ML, Dedrone is the one answer that gives steady, autonomous interrogation and verification of drones that permits each multi-sensor and multi-mitigation choices onto a single “pane-of-glass.” Whether or not on-premise/air-gapped or within the cloud, Dedrone prospects can simply detect, monitor, determine, analyze, and mitigate drone threats. Dedrone has been named one among TIME Journal’s Greatest Innovations in 2023, Quick Firm’s Most Revolutionary Corporations in 2024 and a CNBC Disruptor 50 recipient for 2023. Dedrone is headquartered within the Auckland, D.C. metropolitan space with further places of work world wide. For extra data on drone-related exercise go to our International Incident Heart or to achieve our airspace safety specialists, go to http://www.Dedrone.com/ and observe us on X, Vimeo, and LinkedIn.

About Axon

Axon is the expertise chief in world public security. Our moonshot purpose is to chop gun-related deaths between police and the general public within the U.S. by 50% earlier than 2033. Axon is constructing the general public security working system of the longer term by integrating {hardware} gadgets and cloud software program options that lead trendy policing, defense and safety. The Axon ecosystem consists of TASER power gadgets, body-worn cameras, in-car cameras, cloud-hosted digital proof administration options, productiveness software program, real-time operations capabilities and third-party integrations by way of Axon’s accomplice community. Axon’s rising world buyer base consists of first responders throughout worldwide, federal, state and native regulation enforcement, hearth, corrections and emergency medical companies, in addition to the justice sector, industrial enterprises and customers.

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