Guardforce AI (NASDAQ:GFAI) announced that it has expanded its robotic disinfection services through new bundled offerings in response to the latest coronavirus (COVID-19) outbreak in mainland China.
The integrated security solutions provider said COVID-19 has increased the need for effective disinfection solutions within office buildings, schools, hospitals and more. However, it noted that labor and supply costs are often prohibitive.
For this reason, the company said it has bundled disinfectant solutions with its robot service as a unified subscription-based offering. Beyond the current capabilities of the company's T-series robots, which include built-in temperature screening and health code verification features, it said this new offering is expected to reduce labor costs through the use of robots for repetitive disinfection tasks while providing cost savings through bulk pricing on supplies. This new service is being tested in Shenzhen, with additional cities to follow.
READ: Guardforce AI says Handshake Networking subsidiary develops new cybersecurity marine scanning service
"We continue to evolve our robotic ecosystem with a goal of providing our clients a one-stop-shop solution,” the company’s chairman Terence Yap said in a statement.
Based on a recent report from ResearchAndMarkets.com, Yap noted that the global disinfection robot market is expected to grow at a CAGR (compound annual growth rate) of 30.1% from 2021 to 2028 and will reach $2.79 billion by 2028.
“Through our robots-as-as-service (RaaS) model, bundled with disinfectant supplies, we can provide our customers with a truly hassle-free and cost-effective solution,” Yap said. “Following our pilot program in Shenzhen, we plan to promote this robotic disinfection solution in other regions across China and around the world.”
Guardforce AI is a global integrated security solutions provider focused on developing robotic solutions and information security services that complement its well-established secured logistics business.
Contact the author at stephen.gunnion@proactiveinvestors.com