Company Description
Guardforce AI Co., Limited (NASDAQ: GFAI) is an AI-driven technology company and global integrated security provider. According to the company’s public disclosures, it specializes in secured logistics, security solutions, and the deployment of AI and robotics to enhance business operational efficiency and sales and marketing processes, particularly in the retail, travel, and cash management sectors, with a strong presence in the Asia-Pacific region.
The company describes itself as having a solid operational foundation in cash logistics and the retail sectors. Through its proprietary Intelligent Cloud Platform (ICP), Guardforce AI delivers smart solutions and AI applications that span cash management, retail automation, robotics, and Agentic AI. It also operates a Robot-as-a-Service (RaaS) model and has developed specialized AI agents for sector-specific use cases, including travel planning.
Business Segments and Core Operations
Based on company descriptions, Guardforce AI’s operating business segments include:
- Secured Logistics – This segment includes services such as cash-in-transit, use of dedicated vehicles to banks, ATM management, cash center operations, cash processing, coin processing, cheque center activities, and cash deposit machine solutions. The company has stated that a majority of its revenue has been generated from this segment.
- AI & Robotics Solution Business – Guardforce AI focuses on implementing AI and robotics solutions to improve business operational efficiency and sales and marketing processes. This includes deployments in retail automation, robotics, and Agentic AI, powered by its Intelligent Cloud Platform.
- General Security Solutions – The company identifies itself as a global integrated security solutions provider, indicating a broader set of security-related offerings beyond secured logistics.
- Corporate and Others – This segment covers corporate-level activities and other operations as described in its segment reporting.
In its financial and business updates, Guardforce AI highlights that it serves thousands of retail locations and maintains long-term relationships in banking and retail. It has emphasized a balance between stable, recurring revenues from secured logistics and cash management, and higher-growth, technology-focused offerings in AI and robotics.
AI, Robotics, and Agentic AI Platform
Guardforce AI reports that it is advancing an AI-first strategy, centered on a proprietary multi-agent AI platform and its Intelligent Cloud Platform. The company’s disclosures describe this platform as enabling:
- Integration of AI Agents and robotic solutions into coordinated systems.
- Real-time data exchange, multi-modal analytics, and adaptive learning across applications in sectors such as travel, retail, and events.
- Deployment of Agentic AI that can understand context, leverage tools, and execute tasks through natural conversation.
One of the company’s highlighted applications is DeepVoyage Go (DVGO), described as an AI-powered travel planning tool and travel planning AI agent. DVGO is built for travel advisors and service professionals and is also introduced for individual users. According to Guardforce AI, DVGO leverages task-specific AI agents to replicate the expertise of professional travel advisors, reduce planning time, and deliver personalized itineraries. The company has referenced phased rollouts and ambassador programs to co-develop and refine this platform with travel professionals.
Smart Solutions in Cash Management and Retail
Guardforce AI has announced the launch and expansion of Smart Cash Solution and Smart Retail Solution through its Thai subsidiary, Guardforce Cash Solutions Security (Thailand) Company Limited (GFCS). The company describes these offerings as part of a tech-focused strategy for its secured logistics base in Thailand.
- Smart Cash Solution – Designed to support back-office cash management automation by streamlining cash handling processes and improving accuracy.
- Smart Retail Solution – Provides functionalities such as customer flow analysis, inventory management, and behavior pattern recognition, serving retail environments including supermarkets, convenience stores, and shopping malls.
In addition, Guardforce AI reports growth in its Guardforce Digital Machine (GDM) business, which it states automates cash handling, enhances transparency, and reduces operational overhead for banking and retail clients in Thailand.
Robot-as-a-Service (RaaS) and Event/Travel Ecosystem
The company has described a RaaS business that integrates with its AI platform. Examples disclosed include:
- Wishnote – A RaaS solution for weddings and event management in Thailand, used as an onsite check-in and event engagement hub. According to the company, Wishnote greets guests, collects digital messages, and shares live photos and videos, with interactive data feeding into other AI applications.
- DVGO and RTA Deployments – The company has referenced concierge robots and RoboTravel Agent (RTA) operations as part of its broader travel and consumer AI ecosystem.
Guardforce AI positions these offerings as part of a unified, data-driven AI ecosystem that connects events, travel, and retail experiences through its Intelligent Cloud Platform.
Secured Logistics and Long-Term Client Relationships
Guardforce AI reports a long operating history in secured logistics and cash management, particularly in Thailand. The company has highlighted:
- A market-leading position in Thailand in secured logistics and cash management, supported by contract renewals and a resilient operational network.
- A three-year renewal of a long-term contract with Government Savings Bank (GSB), a large state-owned bank in Thailand. Under this agreement, its Thai subsidiary continues to provide cash-in-transit and maintenance services for GSB’s ATM network across upcountry regions.
- A client mix that includes major financial and retail institutions, with retail customers contributing a growing share of revenue.
These contracts and relationships are presented by the company as providing stable and predictable revenue streams that support investment in AI-driven innovations.
Financial Reporting and Transformation Focus
In its financial reports, Guardforce AI has described:
- Revenue contributions from secured logistics and technology-enabled services.
- Ongoing investment in research and development to build and expand its AI and multi-agent platforms.
- Efforts to shift its revenue mix toward higher-margin offerings, including GDM and AI-powered solutions.
The company has also emphasized operational consolidation, cost control initiatives, and the use of its cash position to support its AI-first strategy.
Listing and Regulatory Status
Guardforce AI’s ordinary shares trade on the Nasdaq Stock Market under the ticker symbol GFAI, with warrants trading under GFAIW. In a Form 6-K and related press release, the company disclosed that on December 12, 2025 it received a Nasdaq minimum bid price deficiency notification under Listing Rule 5550(a)(2). The company reported that this notice does not have an immediate effect on the listing of its ordinary shares, which continue to trade on Nasdaq under the ticker GFAI, and that it has a specified period to regain compliance.
Company Positioning
Across its public communications, Guardforce AI presents itself as combining decades of operational experience in security and cash logistics with a technology-focused roadmap in AI, robotics, and smart solutions. It highlights its Intelligent Cloud Platform, multi-agent AI capabilities, RaaS deployments, and sector-specific applications in cash management, retail automation, travel, and events as key elements of its business model.
Frequently Asked Questions (FAQ)
- What does Guardforce AI Co., Limited do?
Guardforce AI is described as an AI-driven technology company and global integrated security provider. It specializes in secured logistics, security solutions, and the implementation of AI and robotics solutions to improve operational efficiency and sales and marketing processes, particularly in retail, travel, and cash management. - What are Guardforce AI’s main business segments?
The company identifies operating segments including Secured Logistics, AI & Robotics Solution Business, General Security Solutions, and Corporate and others. Secured Logistics has historically generated a majority of its revenue, according to company descriptions. - How does Guardforce AI use AI and robotics in its business?
Guardforce AI reports that it uses AI and robotics through its Intelligent Cloud Platform and multi-agent AI platform. These systems support applications in cash management, retail automation, robotics, and Agentic AI, including tools such as the DVGO travel planning AI agent and RaaS offerings like Wishnote. - What is DVGO in Guardforce AI’s product portfolio?
DVGO (DeepVoyage Go) is described by the company as an AI-powered travel planning tool and travel planning AI agent. It is built for travel advisors and service professionals, as well as individual users, and is designed to reduce planning time and provide personalized itineraries using task-specific AI agents. - What is Guardforce AI’s presence in Thailand?
Through its subsidiary Guardforce Cash Solutions Security (Thailand) Company Limited, the company reports a long history in secured logistics and cash management in Thailand. It has launched Smart Cash Solution and Smart Retail Solution there and has renewed multi-year contracts, including a three-year renewal with Government Savings Bank for cash-in-transit and ATM-related services in upcountry regions. - What is the Intelligent Cloud Platform (ICP)?
The Intelligent Cloud Platform is described as Guardforce AI’s proprietary platform that connects AI Agents and robotic solutions into a coordinated system. It enables real-time data exchange, multi-modal analytics, and adaptive learning across applications in sectors such as travel, retail, and events. - How does Guardforce AI generate revenue?
According to its segment descriptions, Guardforce AI generates revenue from secured logistics services such as cash-in-transit, ATM management, and cash processing, as well as from AI and robotics solutions, including smart cash and smart retail solutions, GDM deployments, and RaaS and AI applications. - What is Guardforce AI’s stock symbol and where is it listed?
Guardforce AI’s ordinary shares are listed on the Nasdaq Stock Market under the ticker symbol GFAI. Its warrants trade under the symbol GFAIW, as stated in company press releases and SEC filings. - Has Guardforce AI received any Nasdaq compliance notices?
Yes. In a Form 6-K, the company reported receiving a Nasdaq notification letter on December 12, 2025 regarding non-compliance with the minimum bid price requirement under Listing Rule 5550(a)(2). The company stated that this notice has no immediate effect on the listing of its shares and that it has a defined period to regain compliance. - Which sectors does Guardforce AI focus on with its AI solutions?
Guardforce AI’s disclosures highlight focus areas including cash management, retail automation, robotics, Agentic AI, travel planning, and smart solutions for retail and events. It emphasizes applications in the retail and travel industries in the Asia-Pacific region and beyond.