Axon to acquire AI-powered 911 communications company Prepared, strengthening the public safety ecosystem from call to closure
Rhea-AI Summary
Axon (NASDAQ: AXON) has announced a definitive agreement to acquire Prepared, an AI-powered emergency communications platform. Prepared's technology integrates call audio, text, video, GPS, and real-time translation into a unified interface, currently serving over 1,000 agencies across 49 states.
The acquisition aligns with Axon's strategy to create a comprehensive public safety ecosystem from emergency call to case closure. Prepared's platform transforms 911 calls into actionable intelligence, enabling faster emergency response times. The transaction is expected to close in early Q4 2025.
Positive
- Strategic expansion into 911 communications technology enhances Axon's end-to-end public safety ecosystem
- Access to Prepared's established network of 1,000+ agencies across 49 states
- Integration of advanced AI technology for emergency response optimization
- Potential for accelerated product development and broader market reach
Negative
- Integration challenges may arise when combining the two technology platforms
- Transaction costs and potential financial impact not disclosed
News Market Reaction
On the day this news was published, AXON gained 0.21%, reflecting a mild positive market reaction. Argus tracked a trough of -5.4% from its starting point during tracking. Our momentum scanner triggered 72 alerts that day, indicating high trading interest and price volatility. This price movement added approximately $122M to the company's valuation, bringing the market cap to $58.03B at that time. Trading volume was above average at 1.9x the daily average, suggesting increased trading activity.
Data tracked by StockTitan Argus on the day of publication.
"AI is reshaping public safety at an unprecedented pace," said Rick Smith, Axon Founder and CEO. "With Prepared, we're harnessing that power to eliminate blind spots in the earliest moments of an emergency and give responders the speed and clarity they need to save lives. This is about setting a new standard for how technology supports communities in their most critical moments."
"We started Prepared to ensure every emergency call gets the best possible response," said Michael Chime, Prepared CEO. "Together, with Axon, we can bring our platform to more communities, build new tools faster, and better support every phase of emergency response from first call to final resolution."
The transaction is subject to customary closing conditions and is expected to close in early Q4. Axon was advised by Morgan, Lewis & Bockius LLP and Prepared was advised by Latham & Watkins LLP.
About Prepared
Prepared is the pioneer and a leading provider of assistive AI to public safety agencies. The company's flagship platform is an end-to-end assistive AI toolbox that consolidates critical functionality onto a single screen, empowering PSAPs to harness the power of fully integrated AI. Since its founding in 2019, the company now partners with over 1,000 agencies in 49 states that protect nearly 100 million people. For more information, visit Prepared911.com.
About Axon
Axon (Nasdaq: AXON) is the global leader in public safety technology, relentlessly innovating to protect more lives in more places. Founder-led since 1993, Axon began with a mission to reimagine conflict in law enforcement and has grown into a global company serving everyone who takes on the responsibility of public safety and national security — from first responders and governments to companies, frontline workers, and communities. Our trusted network connects TASER energy devices, cameras and sensors including body-worn, fixed and in-car cameras, drones and robotics, digital evidence and records management, real-time operations, immersive training, productivity tools, and AI-driven capabilities and insights. Designed to work seamlessly together, these solutions create a connected picture of safety that helps protect people and places with greater speed, clarity, and accountability.
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Responsible Innovation at Axon
At Axon, innovation is inseparable from responsibility. We believe technology must serve humanity, and every product we build is designed to solve the real challenges our customers face in protecting their communities and companies. That means developing solutions in close collaboration with the people who use them and grounding our work in transparency, fairness, accountability, and privacy. Our independent Ethics & Equity Advisory Council provides ongoing input and feedback that helps shape our approach, ensuring we remain thoughtful and aligned with community needs as technology evolves. Learn more at axon.com/responsibility.
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Forward-Looking Statements
Forward-looking statements in this press release include, without limitation, statements of management's strategies, goals and objectives and other similar expressions. Such statements give our current expectations or forecasts of future events; they do not relate strictly to historical or current facts. Words such as "may," "will," "should," "could," "would," "predict," "potential," "continue," "expect," "anticipate," "future," "intend," "plan," "believe," "estimate," and similar expressions, as well as statements in future tense, identify forward-looking statements. However, not all forward-looking statements contain these identifying words.
We cannot guarantee that any forward-looking statement will be realized, although we believe we have been prudent in our plans and assumptions. Achievement of future results is subject to risks, uncertainties and potentially inaccurate assumptions. The following important factors could cause actual results to differ materially from those in the forward-looking statements: the parties' ability to consummate the potential transaction and to meet expectations regarding the timing and completion thereof; and the risk that the parties may be unable to achieve the expected strategic, financial and other benefits of the potential transaction. Many events beyond our control may determine whether results we anticipate will be achieved. Should known or unknown risks or uncertainties materialize, or should underlying assumptions prove inaccurate, actual results could differ materially from past results and those anticipated, estimated or projected. You should bear this in mind as you consider forward-looking statements. Our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q list under the heading "Risk Factors" various important factors that could cause actual results to differ materially from expected and historical results. These factors are intended as cautionary statements for investors within the meaning of Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933, and investors should refer to them. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete set of all potential risks or uncertainties.
Except as required by law, we undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise. You are advised, however, to consult any further disclosures we make on related subjects in our Form 10-Q, 8-K and 10-K reports to the Securities and Exchange Commission.
MEDIA CONTACT:
Alex Engel
Vice President, Corporate Communications
Press@Axon.com
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SOURCE Axon
FAQ
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