The White House plans to provide 50,000 police officers with cameras, which would almost double the number of cameras currently in use by law enforcement officials in the country. There are currently two major US companies selling body cameras: Vievu, which has sold more than 40,000 cameras to 3,900 police agencies, and Taser, with 30,000 cameras in use by 1, 2000 agencies. The $75 million reserved for the purchase of new body cameras is over seven times the total revenue Taser had earned from selling the devices in 2013.
He further said that federal support could be a major tipping point in policing and technology. “In five years this will be ubiquitous; it will be more unusual to see officers not wearing a body cam than wearing one.”
Wall Street has been predicting good days ahead for Taser for months. The company’s stock has risen over 75 percent since the shooting of unarmed African-American teenager Michael Brown by police officer Darren Wilson on August 9 in Ferguson.
Last week, the grand jury decided not to bring charges against Wilson. The controversial decision led to a new wave of protests that swept across 180 US cities in 38 states.