Zinger Key Points
Guardforce AI won a three-year renewal with Government Savings Bank (GSB). Guardforce Cash Solutions Security will continue to provide cash-in-transit and maintenance services for GSB ATM network in Thailand See how Matt Maley is positioning for post-Fed volatility and momentum—live this Sunday, June 22 at 1 PM ET.Guardforce AI Co GFAI on Monday announced that its subsidiary, Guardforce Cash Solutions Security (Thailand) Company Limited (GFCS), has won a three-year renewal with Government Savings Bank (GSB).
GSB one of Thailand’s state-owned banks adn the renewal deal is effective from June 1, 2025, through May 31, 2028.
This fourth consecutive renewal represents a decade-long partnership between the company and GSB.
Also Read: Guardforce AI Taps Librum Technologies To Boost AI Agent Capabilities
Under the renewed agreement, GFCS will continue to provide secure and efficient cash-in-transit and maintenance services for GSB’s ATM network across Thailand’s upcountry regions, which covers most of the company’s ATM services currently handled.
With this renewal, Guardforce AI will secure stable and predictable revenue streams over the next three years, providing the company with a solid financial foundation to invest in innovation and expand its AI-driven solutions, the company said.
In January, GFCS renewed key contracts with its long-time customer GSB in Thailand. Under two three-year multi-million-dollar contracts, GFCS continued to deliver cash center operations and secure logistics services for coins.
Price Action: GFAI stock closed lower by 3.33% at $1.16 Friday.
Loading... Loading...Read Next:
Amazon’s Powerful AWS Custom Chip To Get An Upgrade – Why Is It Important?Photo via Company
GFAI Guardforce AI Co Ltd $1.16 -%Stock Score Locked: Edge Members Only
Benzinga Rankings give you vital metrics on any stock – anytime.
Unlock RankingsEdge Rankings
Momentum 20.75 Growth 29.37 Quality Not Available Value 83.58Price Trend
Short Medium Long Overview GFAIW Guardforce AI Co Ltd $0.1770 -13.2% Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted In: News Top Stories Market-Moving Exclusives Exclusives Briefs Stories That Matter Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free! Already a member? Sign in