AITX's RAD Surges Toward 100 ROAMEO Deployments as Demand Accelerates

Core Insights - The company, Artificial Intelligence Technology Solutions, Inc. (AITX), is experiencing a surge in demand for its ROAMEO Gen 4 mobile security robot, with significant orders from major clients, including a request for 100 units and a pilot program with a Fortune 500 client for 60 units [1][5][10] - The expansion of production capacity from 50 to 100 units is aimed at capturing the growing recurring monthly revenue potential, which could increase annual recurring revenue (ARR) from an estimated $3 to $4 million to $6 to $8 million [6][8][10] Company Developments - The subsidiary Robotic Assistance Devices, Inc. (RAD) has seen multiple client orders across various sectors, including retail, higher education, and logistics, following the launch of ROAMEO Gen 4 [3][5] - The ongoing ROAMEO Road Trip demonstration tour is enhancing visibility and interest in the product among enterprises and public safety leaders [3][5] - The appointment of Stacy Stephens as Senior Vice President of Sales at RAD-M is contributing to the acceleration of sales opportunities [4][6] Market Position - AITX is positioned to redefine the nearly $50 billion security and guarding services industry through its innovative, AI-driven Solutions-as-a-Service business model, which offers cost savings of 35%-80% compared to traditional manned security [8] - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for future business growth [10] Product Features - ROAMEO Gen 4 is designed for autonomous patrols in expansive outdoor environments, featuring AI-powered threat detection, real-time engagement, and obstacle avoidance capabilities [6][8] - The robot's specifications include a height of 6 feet 9 inches and a weight of over 1,600 pounds, providing a commanding presence while performing security tasks [6]