Defense Tech Startup Biofire Delivers Its Consumer Smart Gun to Initial Customers

• First Smart Guns delivered to customers
• Biofire to continue to ramp up production capabilities to deliver on its significant order book generated since pre-order launch

BROOMFIELD, Col., Aug. 6th, 2024. Biofire Group (“Biofire”), a leading defense technology company dedicated to building the future of firearms, today announced that it has delivered the first production Biofire Smart Guns off the manufacturing line to customers.

The Smart Gun® is here. Fulfillment of the first customer Smart Guns represents a key milestone in bringing Biofire’s flagship product to market after its debut last April was met with waves of support.

“The Smart Guns shipped today are the culmination of years of incredible effort and problem solving by the Biofire team,” said Kai Kloepfer, Founder and CEO of Biofire. “This accomplishment marks a realization of a dream that many believed to be impossible, a firearm that is instantly accessible to the owner while remaining secure from unauthorized use: the world’s first and only biometric firearm on the market.”

Bringing the Smart Gun to market required a leap forward in firearm technology and consumer product manufacturing - the likes generally seen in defense, aerospace, or medical devices. Biofire’s novel and advanced approach to firearm development ensured the product not only met, but exceeded the highest standards of modern engineering. Starting with a heavy focus on researching the needs of today’s gun owners, Biofire recognized from an early stage the potential for technology to have a huge impact on firearms.

Designed for home defense, the Biofire Smart Gun enables firearm owners to defend themselves against external threats while preventing unauthorized access and misuse. From its Guardian Biometric Engine™️ to its electronic fire control system and high-endurance battery, the Biofire Smart Gun’s technology ensures that the shooting experience is seamless: authorized users can simply pick up the gun and fire it. The Smart Gun has undergone extensive durability and live-fire testing to ensure it meets these standards. For additional details on the Smart Gun’s advanced technology and features, please visit smartgun.com/tech-specs.

Bringing the Smart Gun to the world would not have been possible without the support of our customers, partners and investors, and with significant investments raised to develop the Smart Gun – to all who supported and believed in Biofire, thank you!

Biofire is the first and only venture capital-backed firearm technology company in the United Sates and has raised $40 million from leading investors including Founders Fund, CAZ Investments, Valhalla Ventures, Liquid 2 Ventures, Break Trail Ventures, Serafund and K2 Global.

Biofire maintains focus on continuing to fulfill Smart Guns to customers, and customers who have placed reservations will receive information related to their delivery and finalization status based upon the timing of their reservation. Production capabilities will continue ramping up throughout the year.

The Biofire Smart Gun is available to order now at smartgun.com/build with a refundable $149 deposit, total price of $1,499.

About Biofire Group Inc.

Biofire is building the future of firearms. The Biofire Smart Gun is designed around state-of-the-art biometrics, creating a handgun that instantly unlocks for the authorized users and remains locked for all others. Through a vertically-integrated, full-stack, broad reimagining of the firearm industry, Biofire is enhancing gun safety while preserving privacy and civil liberties. For more information visit https://www.smartgun.com or contact [email protected] for media inquiries or [email protected] for investor inquiries.