Previous Close | $13.93 |
AI Value | $125.56 |
Upside potential | +802% |
SoundThinking, Inc. (formerly ShotSpotter) is a technology company specializing in gunshot detection and public safety solutions. The company's flagship product, ShotSpotter, uses acoustic sensors and AI to detect, locate, and alert law enforcement to gunfire incidents in real-time. SoundThinking serves municipal and law enforcement clients across the U.S., positioning itself as a leader in gun violence prevention technology. The company has expanded its offerings to include investigative tools and data analytics, enhancing its value proposition for public safety agencies. Competitive advantages include patented technology, a first-mover advantage in gunshot detection, and long-term contracts with city governments.
Holds multiple patents for gunshot detection technology. Continues to invest in AI and machine learning to improve accuracy and expand product capabilities.
SoundThinking, Inc. presents a unique investment opportunity in the public safety technology sector, backed by its established ShotSpotter platform and expansion into analytics. However, risks include reliance on government contracts and competitive pressures. The company's growth hinges on its ability to secure new contracts and innovate within a politically sensitive industry. Investors should monitor contract renewals and regulatory sentiment closely.
10-K filings (CIK: 0001351636), investor presentations, Bloomberg, and public press releases.
Historical valuation data is not available at this time.