At Axon Enterprise, Body Cams Are the Growth Story Today, But Evidence Management Is the Real Future
Axon Enterprise (NASDAQ: AAXN) makes most of its money from selling its Taser stun guns -- or as it calls them, conducted electrical weapons (CEWs). But having largely saturated the market for them, it has turned to police body cameras and evidence database management to power its next growth phase.
It believes so much in the future of these systems that it changed its name from TASER International to Axon Enterprise, which had been the name of its cameras division, to underscore where it sees its business heading.
Image source: Axon Enterprise.
Source: Fool.com