AITX's RAD Marks 26 Consecutive Weeks of Order Intake

Core Insights - The company, Artificial Intelligence Technology Solutions, Inc. (AITX), has confirmed 26 consecutive weeks of order intake for its autonomous security solutions, indicating strong customer demand and expansion of its recurring monthly revenue (RMR) base [1][3]. Group 1: Order Intake and Revenue Growth - AITX's subsidiary, Robotic Assistance Devices, Inc. (RAD), has seen consistent bookings across its product portfolio, including RIO™, ROSA™, SARA™, ROAMEO™, and AVA™, reflecting a mature sales engine and growing market acceptance [1][3]. - The company aims to achieve positive operational cash flow by May 2026 while managing costs effectively [3]. - The diversity of applications across commercial, industrial, and campus settings demonstrates broader market acceptance of autonomous security solutions [3]. Group 2: Product Offerings and Market Position - RAD's solutions are designed to provide cost savings of 35%-80% compared to traditional manned security services, positioning the company as a leader in the nearly $50 billion security services industry [6]. - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating significant growth potential as it converts sales opportunities into recurring revenue streams [9]. Group 3: Technology and Innovation - AITX's technology, including the SARA™ platform, enhances operational efficiency and situational awareness while reducing costs for clients across various industries such as government, transportation, and healthcare [10][13]. - 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 [7]. Group 4: Leadership and Expertise - AITX is led by experienced professionals, including CEO Steve Reinharz, who has extensive experience in the security services industry and is actively involved in industry associations [8]. - The leadership team includes individuals with backgrounds in law enforcement and security industry innovation, reinforcing the company's capability to deliver effective solutions [8].