Rick Smith builds Axon into billion-dollar company with body camera deal in Canada

Rick Smith, co-founder of Axon, has seen his company grow significantly since its start in a garage 31 years ago. Axon, originally Taser International, achieved major milestones by May 2023, with revenue rising to $1.2 billion and stock prices increasing dramatically. The company recently secured a deal to provide over 10,000 body cameras to the Royal Canadian Mounted Police. Smith's compensation package, linked to company performance, has also increased his wealth, with shares currently valued at about $455 million. Axon has expanded its product range beyond tasers to include software and body cameras. Smith has expressed pride in a pay structure that benefits all employees, although his plans have faced criticism, particularly after controversial proposals following mass shootings.