Guardforce AI Extends Partnership with Sportswear Brand

- The expanded rollout includes deploying smart retail solutions at five additional stores in 2026 and one more in 2027, building on the initial 2025 implementation at two brand locations and AI camera installations across 13 other stores. - The technology provided combines AI-powered CCTV surveillance analytics with RFID-based inventory management systems to reduce theft, decrease inventory errors, and optimize store layouts. - This partnership is part of Guardforce AI's broader strategic shift from its legacy as a secured logistics and cash-in-transit provider in Thailand to a technology-focused company offering Robotics-as-a-Service (RaaS) and AI solutions on its Intelligent Cloud Platform. - For the first half of 2025, Guardforce AI reported a 3.6% revenue increase to $18.2 million but also a net loss of $2.2 million as it invests in its AI transformation. - In February 2026, the company's board authorized a share repurchase program of up to $5 million, stating confidence in its long-term AI potential. - Beyond retail, the company is commercializing its multi-agent AI platform in other sectors, including the launch of DeepVoyage Go (DVGO), an AI-powered itinerary planner for travel professionals. - The company received a notice from Nasdaq in December 2025 for failing to maintain a minimum bid price of $1.00, and has until June 2026 to regain compliance. - The deal takes place in a competitive Thai sportswear market where Adidas leads with a 13% market share, followed by Nike with 9%.