AXON ENTERPRISE, INC. acquires Sky-Hero SA

AXON ENTERPRISE, INC. acquired Sky-Hero SA, a transaction completed in June 2023.

Sky-Hero SA operates in Software and Sensors - drones / robotic security, is based in Brussels, Belgium. Sky-Hero is a Brussels-based innovator in drones and ground-based vehicles primarily focused on indoor tactical use cases; its robots are used by elite tactical teams at leading law enforcement and military agencies around the world.

Axon stated robotic security is an increasingly important category for law enforcement and that the acquisition puts it on the leading edge of this growing space, complementing Axon's category investments and advancing its mission to protect life and reduce gun-related deaths between police and the public.

Sky-Hero robots are used by elite tactical teams at leading law enforcement and military agencies worldwide, giving Axon an established indoor-tactical-drone platform. Complements Axon's drone and de-escalation category investments; deepens European customer intimacy. Software and Sensors - drone/robotics product line Axon Q3 2023 shareholder letter: "...over the longer term, we believe that our acquisition of Brussels-based Sky-Hero, which closed in June, will further deepen our European customer intimacy."

During the second quarter, we made the strategic acquisition of Sky-Hero, a Brussels-based innovator in drones and ground-based vehicles, primarily focused on indoor tactical use cases. Robotic security is an increasingly important category for law enforcement and we believe this acquisition puts us squarely on the leading edge of this growing space.Axon Q2 2023 shareholder letter

Advisory firms were not disclosed for this transaction.

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