AITX's RAD Secures New Dual RIO 180 Order from Leading Consumer Products Company

Core Insights - AITX's subsidiary RAD has secured an order for two RIO™ 180 units from a leading multinational consumer products company to enhance security at its downtown headquarters [1][3] - The deployment of RAD's autonomous solutions is part of a growing trend among organizations in urban settings to improve safety and reduce reliance on traditional human patrols [3][4] Company Overview - AITX, through RAD, is innovating within the $50 billion security services industry by offering AI-driven solutions that can reduce security costs for businesses by 35%-80% compared to traditional manned security [7] - RAD's technology includes the ROSA™ unit, which provides advanced security features such as human and vehicle detection, license plate recognition, and two-way communication [5][11] Market Context - Urban business districts face higher rates of property damage and theft, making effective security solutions essential for organizations operating in these areas [4] - RAD's RIO 180 units provide continuous monitoring and deterrence, addressing the limitations of traditional security measures [4] Leadership and Expertise - RAD is led by experienced professionals from the security and law enforcement sectors, enhancing its capability to deliver effective security solutions [9] - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong market interest and potential for recurring revenue [10]