TASER International, Inc. is engaged in the development, manufacture, and sale of conducted electrical weapons (CEWs) designed for use in law enforcement, military, corrections, private security, and personal defense. The company’s products are sold directly to law enforcement agencies and through a network of distribution channels that it developed for selling and marketing its products and services to law enforcement agencies, primarily in North America, with continuing focus and effort placed on expanding these programs in international, military, and other markets. Segments The company’s operations include two segments, TASER Weapons (the sale of CEWs, accessories, and other products and services); and EVIDENCE.com & Video (the video business, which includes the TASER Cam, AXON Video products, and EVIDENCE.com). CEW Products The company makes CEWs that use its proprietary Neuro Muscular Incapacitation (NMI) effects for two main types of market segments, such as the law enforcement, military, corrections, and professional security markets; and the consumer market. The company’s products use a replaceable cartridge containing compressed nitrogen to deploy and propel two small probes that are attached to the CEW by insulated conductive wires with lengths ranging from 15 to 35 feet. Its CEWs transmit electrical pulses along the wires and into the body affecting the sensory and motor functions of the peripheral nervous system. Law Enforcement, Military, Corrections, and Professional Security Products For the law enforcement, military, corrections, and professional security markets, the company primarily manufactures four hand-held CEW product lines and has also incorporated its technology into various other product line extensions. Certain of these products are also sold into the consumer market. TASER X26P – It is a one-shot CEW, featuring improved data port logs and integrates with EVIDENCE.com. TASER X2 – It is a CEW, featuring a second shot for instant miss recovery, dual lasers for high accuracy, a power magazine with approximately 500 firings, improved data port logs and the ability to display a warning arc, as well as integrates with EVIDENCE.com. TASER X26 – It is a one-shot CEW. CEW Product Line Extensions In addition to the company’s primary CEWs, it has developed various methods to deploy its proprietary NMI technology, increasing the capabilities of its systems and extending the range at which they could be deployed. The company’s product line extension includes the TASER eXtended Range Electronic Projectile (XREP). The XREP is a self-contained, wireless (non-tethered) CEW that deploys from a 12-gauge pump-action shotgun. It delivers an impact distraction to the suspect and a similar NMI bio-effect as its X26 handheld CEW, and could be delivered to a maximum effective range of 100 feet. Consumer Products The company’s primary consumer product for the personal defense market is the TASER C2 CEW. While the C2 CEW is the company’s primary product for the consumer market, it has developed consumer versions of the X2, M26, and X26 CEWs. In 2013, the company introduced the TASER StrikeLight, a handheld stun device, integrated with a high intensity flashlight. Cartridges The company manufactures multiple cartridge types for varying ranges and purposes. Types of cartridges include standard cartridges, smart cartridges, training cartridges, and others. Smart cartridges communicate with the fire control system within the TASER X2 and X3 indicating the type of cartridge loaded in each bay and its deployment status. Standard cartridges are designed for use within the M26, X26 and X26P CEW systems with variations for warm and cold climates, training scenarios, and tactical situations. The company’s cartridges, with the exception of the training cartridge, contain various colored, confetti-like tags bearing the cartridge’s serial number. These tags, referred to as Anti-Felon Identification tags (AFIDs) are scattered when one of its cartridges is deployed. Sellers of its products participate in the AFID program by registering buyers of its cartridges. In various cases, the co
taser international inc (TASR:NASDAQ GS)
17800 North 85th Street
Scottsdale, AZ 85255
Sponsored Financial Commentaries
To contact TASER INTERNATIONAL INC, please visit www.taser.com. Company data is provided by Capital IQ. Please use this form to report any data issues.