Guardforce AI Extends Retail Deal

- The extended partnership will see Guardforce AI's solutions deployed at five new retail locations in 2026 and another in 2027, building on the two locations and 13 stores that received AI camera systems in 2025. - The smart retail solution for the sportswear brand combines AI-powered CCTV surveillance analytics with RFID-based inventory systems to enhance security, reduce inventory errors, and optimize store layouts. - This deal is part of Guardforce AI's broader strategy to transition from a security and logistics provider to a technology-focused company centered on its Intelligent Cloud Platform (ICP), which manages its robotics and AI solutions. - Beyond retail, the company's AI ventures include "DeepVoyage Go" (DVGO), an AI travel planning agent, and a recent letter of intent to acquire MGAI Limited, an AI-driven platform for speech therapy with over 110,000 patients. - In Thailand, Guardforce AI has been integrating its Robotics-as-a-Service (RaaS) offerings with AI agents, for example, using its "Wishnote" robot for event management which then connects data to its DVGO travel AI. - For the first half of 2025, Guardforce AI reported revenues of approximately $18.2 million with a net loss of $2.2 million, citing sustained investment in research and development. - The company's board authorized a $5 million share repurchase program effective February 20, 2026, stating confidence in its logistics revenue and long-term AI potential. - The AI market in Thailand is projected to reach 114 billion baht by 2030, with retail being a key sector for adopting AI in inventory optimization, demand forecasting, and personalized marketing.