Guardforce ai continues expansion of robotics as a service (raas) and security service roadmap

Initiated acquisition of 8 companies in china's major cities new york, ny / accesswire / march 21, 2022 / guardforce ai co., limited ("guardforce ai" or "company") (nasdaq:gfai, gfaiw), an integrated security solutions provider, announced today, the signing of a non-binding letter of intent ("loi") with shenzhen kewei robot technology co., limited and shenzhen yeantec co., limited (together, the "kewei group") to purchase up to 36 of the kewei group's subsidiaries located in china. under the loi, in the first of two phases, guardforce ai will acquire eight of the kewei group companies.
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