Guardforce AI Co., Limited announced an extension of its partnership with a leading global sportswear brand to supply smart retail solutions for the brand’s Thailand operations. The extension will deploy AI‑driven CCTV surveillance analytics and RFID‑based inventory systems at five additional retail locations in 2026, with a sixth installation scheduled for 2027. The partnership builds on earlier deployments, including two stores that received the solution in 2025 and the installation of AI camera systems across 13 additional stores that year.
The smart retail solution integrates AI‑driven CCTV surveillance analytics with RFID‑based inventory management, automating people‑and‑goods monitoring and inventory control. By streamlining these processes, the solution is expected to improve operational efficiency in the sportswear brand’s high‑traffic outlets.
For Guardforce AI, the expansion represents a significant revenue opportunity within its legacy cash‑handling customer base. By converting existing retail relationships into recurring AI‑service contracts, the company can generate new recurring revenue streams as Thailand’s cash‑heavy retail sector evolves. Chairwoman and CEO Lei (Olivia) Wang said, “At Guardforce AI, we are dedicated to providing the best services to our clients. This partnership extension demonstrates our ability to market sophisticated AI‑driven smart solutions to leading retail brands.” She added, “We believe these smart solutions can be further deployed across many of the 5,000 retail stores we currently serve via our legacy secured logistics business – a pathway that could generate substantial revenue to our company and drive exponential growth compared to 2025.”
The announcement was well received by investors, reflecting confidence in Guardforce AI’s AI‑first strategy and the potential for recurring revenue growth. The company has faced Nasdaq compliance challenges, including a minimum bid price deficiency notification in December 2025 with a cure period ending in June 2026, but remains focused on its AI transformation.
Guardforce AI’s expansion demonstrates its ability to deliver sophisticated AI solutions to leading retail brands and signals a strategic shift toward recurring revenue models, positioning the company to capitalize on the evolving retail landscape in Thailand.
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