Axon Enterprise, Inc.
Axon Enterprise, Inc., formerly known as TASER International, Inc., is a publicly traded technology company headquartered in Scottsdale, Arizona. Founded in 1993, the firm develops, manufactures, and sells conducted energy devices under the TASER brand, body-worn cameras, and a suite of hardware and cloud-based software solutions for law enforcement, emergency services, healthcare, retail, and private security industries. Its two core segments are Connected Devices (hardware for defense and safety) and Software & Services (video evidence management, digital records, and data analytics). As of 2025, Axon employs approximately 4,100 staff globally and is led by CEO Patrick Smith.
Investment Strategy
Axon Enterprise, Inc. focuses on product innovation and software integration for public safety, offering both hardware (CEWs, body cameras, drones, sensors) and integrated cloud platforms for evidence and records management. Its strategy emphasizes recurring revenue from cloud solutions, strategic partnerships, and expansion beyond law enforcement into broader safety-oriented markets, including healthcare, private security, and retail. Axon invests heavily in R&D to maintain leadership in connected device technology and scalable SaaS platforms. The company is not an investment fund, but its financial strategy centers on stable cash flow, growth in packaged cloud-software subscriptions, and hardware sales, with net cash position and investment-grade convertible/senior notes.
Top Holdings
Equity Positions (1)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
C CLBT | CELLEBRITE DI LTD | 100.00% | $144.0M | 9,000,000 | $22.03 | $16.00 | -$30.9M |