What's Going On With Guardforce AI Stock?

Guardforce AI Co., Limited GFAI shares are ripping higher Thursday. The company announced it has partnered with Concorde Security Pte. Ltd. to launch a new robotic security solution in Singapore.

What To Know:

Guardforce AI has partnered with Concorde to provide automated security solutions for office buildings, residences, schools, industrial logistic parks, and hotels in Singapore.

Guardforce AI's concierge robot will be equipped with an access control module to produce an intelligent visitor management system, to register and track each guest entering facilities. Guardforce AI's disinfection robot will be  equipped with Concorde's software security system that provides automated patrol surveillance, and uploads security footage to the cloud platform for surveillance and retrieval.

Lei (Olivia) Wang, Guardforce AI CEO, stated, "We are excited to partner with Concorde to jointly market robotic solutions that implement the latest AI technology in the security industry. Singapore is a highly interconnected market with stringent security standards, providing the perfect environment to roll out the proof of concept for robotic security solutions."

Related News: What's Going On With PublicSq (PSQ Holdings) Stock Today?

GFAI Price Action: According to data from Benzinga Pro, GFAI shares are trading 33.5% higher at $5.46 at the time of publication.

Image: OpenClipart-Vectors from Pixabay