Axon Enterprise, Inc. (AAXN), formerly TASER International, Inc., incorporated on January 5, 2001, is engaged in development, manufacture and sale of conducted electrical weapons (CEWs) for use by law enforcement, military, corrections and private security personnel, and by private individuals for personal defense.
The company is also engaged in development of connected wearable on-officer cameras, which utilize its cloud-based digital evidence management solution. The company operates through two segments: the sale of CEWs, accessories, and other related products and services (the TASER Weapons segment), and the Axon business, focused on devices, wearables, applications, cloud and mobile products (the Axon segment).
Axon's focus on supplying body cameras for law enforcement has driven revenues substantially higher in 2018 and helped AAXN stock rise 137% in the six month period ended June 29th.
AAXN is currently showing up on quite a few "Top Stocks to Own For The Next Ten Years" type lists and bears further analysis. |
