AITX’s RAD Deploying Ten RIO Mini Units at Major Midwest Construction Site

Core Insights - The company is deploying ten RIO Mini solar-powered autonomous security trailers at a large construction project in the Midwest, generating recurring monthly revenue through subscription and software licensing [1][2] - This deployment follows a previous announcement of a sixteen-unit RIO Mini deployment, indicating a trend of multi-unit orders in the construction sector [2][3] - The Chief Security Officer of RAD emphasized that construction clients are increasingly standardizing on autonomous security solutions, highlighting the need for visibility and rapid response on large job sites [3] Company Overview - Artificial Intelligence Technology Solutions, Inc. (AITX) is a leader in AI-driven security solutions, aiming to redefine the $50 billion security services industry with its innovative Solutions-as-a-Service model [4] - The company's subsidiary, Robotic Assistance Devices, Inc. (RAD), offers cost savings of 35%-80% compared to traditional manned security services through its robotic solutions [4] - AITX's technology enhances operational efficiency and situational awareness while significantly reducing costs for various industries, including government, transportation, and healthcare [8] Operational Validation - The company has successfully completed a SOC 2 Type 2 audit, validating its internal controls for handling customer data and enhancing its credibility with enterprise and government clients [5] - RAD's leadership team includes experienced professionals from the security services industry, reinforcing its capability to deliver effective solutions [6] 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 generation [7]