This Research Note examines what’s behind the Axon acquisition of Dedrone, a US counter-drone startup. We review the transaction details, explore the previous investment and partnership leading up to the takeover, and highlight Axon’s strategic rationale to invest in robotic security technology. Axon Business Profile Axon Enterprise Inc, formerly TASER International is a US-listed public safety leader, best known for Body-Worn Cameras (BWC). Dominating over 50% of the U.S. market share, Axon specializes in integrating Tasers and digital evidence management software into its BWC offerings. Axon delivered annual revenue of $1.56 billion and net income of $174 million in 2023. This represents 31% annual revenue growth and is the fifth consecutive year of 25% or greater revenue growth. Dedrone Transaction Details On 6th May 2024, Axon announced it had entered into a definitive agreement to acquire Dedrone, a global startup in airspace security, headquartered in the Washington, D.C. metropolitan area. Axon’s mission to Protect Life […]