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TASER International (TASR) Unit Teams Up with Cradlepoint

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TASER International 's TASR subsidiary, Axon has inked a strategic partnership with Cradlepoint, a global leader in software-defined 4G LTE networking solutions. TASER International is best known for its smart weapons, body-worn cameras and evidence management services.

How will the Partnership Benefit?

Through the partnership, TASER International intends to integrate the Axon body cameras with Cradlepoint's wireless router platform to offer technologically superior wireless connectivity to law enforcement officers.

Cradlepoint's wireless router platform will enable officers to connect and download videos from TASER's Axon cameras in the field, using Wi-Fi, commercial LTE and FirstNet's Band 14 LTE tecnonolgis in a more secured way. Its smart-WAN selection, when combined with GPS tagging, will facilitate seamless communication, enabling easy location of officers.

Growing demand for AXON body cameras and EVIDENCE.com reflect law enforcement agencies' shift in focus toward accountability and trust. Axon was given preference due to its smooth incorporation and capability to ensure safety of digital evidence safely from capture to presentation in the courtroom.

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TASER International recently disclosed that its subsidiary, Axon Public Safety UK, has won an order for 1,600 Axon Body 2 cameras from West Midlands Police. The order also includes a multi-year subscription to EVIDENCE.com, its cloud-based digital evidence management platform. The company will start rolling out deliveries in the second quarter of 2016. (Read more: TASER UK Unit Wins Order for 1,600 Axon Body 2 Cameras )

The company has also won an order for 2,500 X26P Smart Weapons from Jacksonville Sheriff's Office ("JSO") in Florida this month.

Per the order, TASER will upgrade 2,500 previous-generation weapons to the latest X26P version. The new TASER 60 annual payment plan, which provides warranties and on-spare equipment for these devices, will be used during the five-year order period. (Read more: TASER International Wins 2,500 X26P Smart Weapons Order )

Demand for TASER's products and services has been growing steadily, particularly in the U.S., following increasing tensions between law enforcement officials and the public.

TASER International currently carries a Zacks Rank #2 (Buy).

Other Stocks to Consider

Some other favorably placed stocks in the same space include Brady Corp. BRC , Ascent Capital Group, Inc. ASCMA and Alarm.Com Holdings, Inc. ALRM . While Brady Corp. sports a Zacks Rank #1 (Strong Buy), both Ascent Capital Group and Alarm.Com Holdings carry the same rank as TASER International.

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BRADY CORP CL A (BRC): Free Stock Analysis Report

TASER INTL INC (TASR): Free Stock Analysis Report

ASCENT CAP GRP (ASCMA): Free Stock Analysis Report

ALARM.COM HLDGS (ALRM): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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