Taser International, Inc. is a developer, manufacturer, and distributor of the Taser less-lethal electroshock guns in the United States. It is based at Scottsdale, Arizona, United States. Taser is the most common brand of electroshock gun. The company was founded in 1991 by brothers Rick and Tom Smith. The Smiths were upset when two of Rick's former teammates in high school were murdered in a road rage incident in a resort parking lot in Scottsdale. In 1993, they began working with Jack Cover on a non-lethal weapon; eventually Cover first developed an early version of the Taser. Taser takes... its name after a fictional weapon: Thomas A. Swift's Electric Rifle. In June 1994, a non-firearm version of the Taser was developed, allowing it to bypass federal and state laws that only apply to firearms, and a tracking system was created. This enables the Taser to disperse confetti with serial numbers when it is fired and links the specific Taser to the scene where it is used. In 1998, the company adopted its current name, intending to emphasize the company's international expansion.
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| NASDAQ symbol: | TASR |
| Founded: | 1991 |
| Headquarters: | Scottsdale, Arizona |
| Legal structure: | Public company |
| Annual revenue: | $92,840,000 |
| Net income: | $3,640,000 |
| Operating income: | $5,220,000 |
| Market cap: | $940,000,000 |
| Industries: | Manufacturing, Small Arms Ammunition Manufacturing, Ammunition (except Small Arms) Manufacturing, Other Ordnance and Accessories Manufacturing, Small Arms, Arms Manufacturers |