AITX's RAD Wins Major RIO Mini and SARA Deployment for Government Construction Project

Core Insights - AITX's subsidiary RAD has received an order for ten RIO Mini units with SARA AI platform for a government construction project, indicating a growing demand in the construction sector [1][4][6] - The initial deployment may expand to over 100 units, highlighting the potential for significant recurring revenue [3][4][6] - RIO Mini provides a flexible, solar-powered security solution that enhances security while reducing costs compared to traditional guard services [5][6] Company Overview - AITX, through RAD, is innovating in the $50 billion security services industry with AI-driven solutions that can save businesses 35%-80% compared to traditional security models [7] - The company has successfully completed a SOC 2 Type 2 audit, reinforcing its credibility with enterprise and government clients [8] - RAD's leadership team includes experienced professionals from the security and law enforcement sectors, enhancing its capability to deliver effective solutions [9] Market Potential - RAD has a prospective sales pipeline involving over 35 Fortune 500 companies, indicating strong future business opportunities [10] - The deployment of RIO Mini and SARA is expected to set the stage for broader adoption in the construction sector, as companies seek to reduce theft and control security costs [6][10]