Headquartered in Fremont, CA Fiscal year ends December NASDAQ: SSTI soundthinking.com
SoundThinking, Inc. (formerly ShotSpotter) sells AI- and data-driven public safety technology to law enforcement agencies, civic leaders and security professionals, largely through recurring subscription contracts with government customers. It reports more than 300 customers and says it has worked with about 2,100 agencies.
Its SafetySmart platform includes:
- **ShotSpotter**: acoustic gunshot detection.
- **CrimeTracer**: a law enforcement search engine.
- **CaseBuilder**: investigation management.
- **ResourceRouter**: software that directs patrol and community anti-violence resources.
- **PlateRanger**: automated license plate recognition (ALPR), powered by Rekor.
- **Field Agent**: an AI layer that turns public safety data into intelligence.
- **SafePointe**: AI-based weapons detection.
Revenue depends heavily on contract renewals and on the funding available to government customers. In September 2026 the company agreed to be acquired by affiliates of Transom Capital Group through a tender offer of $8.00 per share in cash plus a contingent value right worth up to $3.00 per share. Closing is expected in Q4 2026, after which SoundThinking will be taken private. Updated
The quarter's loss is mostly deal math: $5.13 million of expenses tied to the pending Transom Capital buyout at $8.00 per share in cash plus a CVR worth up to $3.00 more. Guidance is withdrawn and there will be no earnings calls, so the tender sets the stock from here.
SoundThinking, Inc. (formerly ShotSpotter) sells AI- and data-driven public safety technology to law enforcement agencies, civic leaders and security professionals, largely through recurring subscription contracts with government customers.
The Wall Street consensus 12-month price target for SSTI is $8.84.