AITX's RAD Achieves Record Single Day Deployment as Sixteen RIO Units Go Live at Major Construction Site

Core Insights - AITX's subsidiary RAD achieved a record deployment by activating sixteen RIO™ Mini units in a single day at a major construction site, reflecting the company's operational maturity and the growing demand in the construction sector [1][4][3] Company Performance - The order for the sixteen RIO units was received on October 17, and all units were activated within eight weeks, showcasing RAD's efficient turnaround from order to deployment [1][4] - The successful deployment reinforces RAD's momentum and ability to execute at scale, meeting the rising demand for autonomous security solutions in the construction industry [4][3] Industry Context - The security and guarding services industry is valued at nearly $50 billion, with RAD's solutions offering cost savings of 35%-80% compared to traditional manned security services [5] - The construction sector is emerging as one of RAD's most productive areas, driven by the need for reliable security monitoring on large job sites [3][4] Leadership and Expertise - AITX and RAD are led by experienced professionals, including CEO Steve Reinharz, who has extensive background in the security services industry [7] - The leadership team includes individuals with significant expertise in security, law enforcement, and robotics, enhancing RAD's capability to deliver innovative solutions [7] Sales Pipeline - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for future business growth and recurring revenue [8]