Guardforce AI announced a new expansion into Thailand that will deploy its AI Agent platform and Robotics‑as‑a‑Service (RaaS) operations, integrating the Wishnote event‑robot solution with its DVGO travel‑assistant AI. The rollout will use the company’s Intelligent Cloud Platform (ICP) to coordinate the agents and robots, creating a closed‑loop data ecosystem that feeds real‑time event data back into DVGO’s recommendation engine.
The Wishnote robot, already used for onsite check‑in and interactive engagement at weddings and other events, will now operate under the ICP in Thai venues. By capturing visitor interactions and feeding that data into DVGO, Guardforce AI can refine travel recommendations for event attendees, turning event‑level data into actionable insights for travel planners and enhancing customer experience across both verticals.
Thailand’s tourism and event sector is a key growth area for robotics, with analysts projecting a compound annual growth rate of more than 11.5% for the country’s robotics market from 2025 to 2031. While a specific 2029 market value is not disclosed, the high CAGR indicates a sizable opportunity for Guardforce AI’s RaaS model to capture recurring revenue from event organizers and travel agencies.
Guardforce AI’s recent financials show a revenue of $18.2 million in the first half of 2025, a 3.6% increase from the prior year, and a net loss of $2.2 million, reflecting continued investment in R&D and expansion. Gross profit margin improved to 17.2% in 2024 from 14.9% in 2023, underscoring the company’s focus on higher‑margin AI services. The Thailand expansion aligns with this strategy by targeting recurring service contracts rather than one‑off hardware sales.
CEO Olivia Wang emphasized the strategic importance of the integration, stating, “The synergy between DVGO and Wishnote demonstrates how AI can seamlessly connect with and enhance everyday human experiences. We are turning AI from concept into tangible, data‑driven services that generate new revenue streams and valuable data assets.”
The expansion is expected to strengthen Guardforce AI’s competitive position in Southeast Asia, provide a new source of recurring revenue, and position the company to capitalize on the region’s growing demand for AI‑enabled event and travel solutions.
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