The company isn't developing any as-it-happens facial recognition systems at present, but CEO Rick Smith told the Washington Post that it's in "active consideration." He was aware of the possibility of "bias and misuse," but thought that it would be "naive and counterproductive" to deny the technology to officers who'd otherwise have to commit suspects' faces to memory.
Not that this is likely to satisfy critics. A coalition of civil rights groups have written an open letter to Axon urging it to ban all uses of facial recognition. The technology would "chill the constitutional freedoms of free speech and association" -- for example, police could use it to identify and intimidate protesters. And when facial recognition has both gender and race biases along with the usual imperfect detection, there's a possibility officers could use force against an innocent person.
Nonetheless, the very existence of the board is notable. Many companies will consider the ethical implications of AI when designing products, but they only occasionally create dedicated ethics groups. This won't necessarily catch every questionable use of AI, but it may prevent Axon from enabling particularly egregious abuses that it has to correct after the fact.