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TG-17(OBAI) - Prospectus(update)
2026-01-27 22:10
As filed with the Securities and Exchange Commission on January 27, 2026. Registration No. 333-290750 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 Amendment No. 6 REGISTRATION STATEMENT Under The Securities Act of 1933 TG-17, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of (Primary Standard Industrial (I.R.S. Employer incorporation or organization) Classification Code Number) Identification Number) Nevada 4899 83-1751618 85 Broa ...
AITX's RAD Extends Its Construction Sector Momentum
TMX Newsfile· 2026-01-27 13:40
Core Viewpoint - The company, Artificial Intelligence Technology Solutions, Inc. (AITX), through its subsidiary Robotic Assistance Devices, Inc. (RAD), is experiencing increased demand for its AI-driven security solutions, particularly in the construction sector, as evidenced by a new order for five ROSA™ units equipped with the SARA™ AI platform [1][4]. Group 1: Company Developments - AITX announced a new order for five ROSA™ units for an active construction site, highlighting the ongoing demand for autonomous monitoring solutions in dynamic job environments [1]. - This order follows a series of recent deployments, including a ten-unit RIO Mini deployment and a sixteen-unit deployment completed in a single day, indicating a trend of repeat adoption and expansion in the construction sector [3]. - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, suggesting strong potential for future growth and recurring revenue streams [11]. Group 2: Industry Context - The construction industry faces significant challenges in securing job sites due to open perimeters and high-value assets, leading to annual losses from crime estimated in the hundreds of millions of dollars [4]. - As construction operators reassess their security measures, there is a growing reliance on autonomous solutions that provide consistent oversight and rapid response, moving away from traditional guard services [4]. - AITX's RAD solutions are designed to deliver cost savings of 35%-80% compared to traditional manned security, positioning the company favorably within the nearly $50 billion security services industry [8]. Group 3: Product Features - ROSA is a compact, portable security solution that can be installed in about 15 minutes, featuring AI-driven analytics for human, firearm, and vehicle detection, as well as license plate recognition [5]. - The system includes two-way communication capabilities optimized for cellular networks, allowing for live video monitoring and rapid response [5]. - RAD has documented case studies demonstrating the effectiveness of ROSA in reducing theft, trespassing, and loitering across various environments, including construction sites [6]. Group 4: Leadership and Expertise - The leadership team at RAD includes experienced professionals from the security services industry, enhancing the company's ability to deliver innovative solutions [10]. - The company has successfully completed a SOC 2 Type 2 audit, validating its internal controls for handling customer data and reinforcing its credibility with enterprise and government clients [9]. Group 5: Technological Innovation - AITX is focused on delivering AI-based solutions that enhance operational efficiency and situational awareness while reducing costs for clients across multiple industries, including government and healthcare [12][15]. - The SARA™ platform serves as the primary AI system for the company, designed to process various data types and support operational objectives [16].
AITX's RAD Unveils RADSight 2.0 as the Next Evolution of Its Video Management Platform
TMX Newsfile· 2026-01-26 13:40
Detroit, Michigan--(Newsfile Corp. - January 26, 2026) - Artificial Intelligence Technology Solutions, Inc. (OTCID: AITX) (the "Company"), a global leader in AI-driven security and productivity solutions, along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced the introduction of RADSight™ 2.0, the Company's video management system designed to support RAD's Gen 4 autonomous security devices as well as 3rd party ONVIF compliant video cameras. It features an all-new so ...
TG-17(OBAI) - Prospectus(update)
2026-01-23 18:56
As filed with the Securities and Exchange Commission on January 23, 2026. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Registration No. 333-290750 Washington, D.C. 20549 FORM S-1 Amendment No. 5 REGISTRATION STATEMENT Under The Securities Act of 1933 TG-17, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of (Primary Standard Industrial (I.R.S. Employer incorporation or organization) Classification Code Number) Identification Number) Nevada 4899 83-1751618 85 Broa ...
AITX’s RAD Deploying Ten RIO Mini Units at Major Midwest Construction Site
Globenewswire· 2026-01-23 13:40
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]
AITX’s RAD to Exhibit and Present at ISC West 2026
Globenewswire· 2026-01-21 13:40
Autonomous Security Platforms and Award-Winning SARA Take the Spotlight in Las Vegas Detroit, Michigan, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc. (the “Company”) (OTCID:AITX), a global leader in AI-driven security and productivity solutions, along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today confirmed plans to exhibit and present at ISC West, taking place March 23 to 27, 2026 at The Venetian Expo in Las Vegas. RAD will showcase it ...
AITX's RAD to Exhibit and Present at ISC West 2026
Globenewswire· 2026-01-21 13:40
Autonomous Security Platforms and Award-Winning SARA Take the Spotlight in Las Vegas Detroit, Michigan, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc. (the “Company”) (OTCID:AITX), a global leader in AI-driven security and productivity solutions, along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today confirmed plans to exhibit and present at ISC West, taking place March 23 to 27, 2026 at The Venetian Expo in Las Vegas. RAD will showcase it ...
Unaudited consolidated interim accounts for the fourth quarter and twelve months of 2025
Globenewswire· 2026-01-16 14:30
Core Insights - The Group's consolidated unaudited sales revenue for Q4 2025 was 239.2 million euros, a decrease of 6.8% year-on-year, while total sales for 2025 amounted to 919.6 million euros, down 2.6% from 2024 [1][2] - Profit before tax for Q4 2025 was 8.3 million euros, a decline of 37.1% compared to the previous year, with a total profit before tax for 2025 of 24.3 million euros, down 31.4% year-on-year [1][2] Sales Performance - Supermarkets segment sales in Q4 2025 were 157.0 million euros, down 4.3% year-on-year, while total sales for 2025 were 611.9 million euros, increasing by 0.3% [1][5] - Department stores reported Q4 sales of 32.2 million euros, a decrease of 3.0%, with total sales for 2025 at 103.0 million euros, down 1.1% [1][10] - The car segment saw Q4 sales of 41.8 million euros, an 18.5% decline, with total sales for 2025 at 176.9 million euros, down 11.9% [1][13] - The security segment's Q4 sales revenue was 6.4 million euros, up 6.8%, while total sales for 2025 were 20.1 million euros, down 8.1% [1][17] - Real estate segment sales in Q4 were 1.9 million euros, a decrease of 12.5%, with total sales for 2025 at 7.7 million euros, an increase of 5.1% [1][19] Profitability Analysis - The Group achieved profits in all business segments in Q4 2025, with notable profit growth in department stores and security segments [2] - The car segment's profit before tax for Q4 was 0.9 million euros, down 59.2% year-on-year, with a total profit before tax for 2025 of 5.7 million euros, down 48.5% [1][13] - The security segment recorded a profit before tax of 0.2 million euros in Q4, an improvement compared to the previous year, but a loss of 0.04 million euros for 2025 [1][17] Market Conditions - The Estonian car market experienced a significant decline, with total car sales down 48.6% for the year and 62.4% in Q4, impacting the Group's car segment [2][14] - The Group's other retail segments also faced slight declines in sales revenue due to the challenging economic environment and decreased consumer purchasing power [2][6] Strategic Developments - The Group completed the new multi-brand car showroom in Vilnius, enhancing growth potential in the Lithuanian market and the Baltic States [3][14] - Renovations and upgrades were made in the Selver supermarkets and department stores segments, including the launch of a new e-commerce platform scheduled for Q1 2026 [4][10] Operational Efficiency - Effective cost control and internal efficiency measures helped the Group maintain profitability despite declining sales volumes [2] - Labour costs increased by 0.4% in Q4, while the average number of employees decreased by 2.3%, indicating a focus on operational efficiency [2]
SU Group Holdings Reports Fiscal Year 2025 Financial Results
Prnewswire· 2026-01-16 12:40
Core Viewpoint - SU Group Holdings Limited reported a 5.6% year-over-year revenue growth for the fiscal year ended September 30, 2025, driven by strong demand for security-related engineering services and expansion in guarding and screening operations [1][2]. Financial Performance - Revenues increased by HK$10.2 million, or 5.6%, from HK$182.2 million in fiscal year 2024 to HK$192.4 million (US$24.7 million) in fiscal year 2025, primarily due to increased revenues from security-related engineering services (HK$4.9 million) and security guarding and screening services (HK$5.3 million) [4]. - Cost of revenues rose by HK$27.1 million, or 20.1%, from HK$134.6 million in fiscal year 2024 to HK$161.6 million (US$20.8 million) in fiscal year 2025, mainly due to increased employee benefit expenses [5][6]. - Gross profit decreased by HK$16.9 million, or 35.4%, from HK$47.6 million in fiscal year 2024 to HK$30.7 million (US$4.0 million) in fiscal year 2025, with gross profit margin dropping from 26.1% to 16.0% [7]. - Selling, general, and administrative expenses increased by HK$12.7 million, or 35.2%, from HK$36.0 million in fiscal year 2024 to HK$48.7 million (US$6.2 million) in fiscal year 2025, attributed to increased promotional activities and employee benefit expenses [9]. - The company reported a net loss of HK$18.5 million (US$2.4 million) for fiscal year 2025, compared to a net income of HK$10.7 million in fiscal year 2024, resulting in a net loss margin of 9.6% [13]. Operational Insights - The company continues to invest in talent, technology, and market penetration to support long-term growth and leadership in the security-related engineering services sector [2]. - The company maintains a strong working capital position with cash and cash equivalents of HK$25.4 million (US$3.3 million) and working capital of approximately HK$62.1 million (US$8.0 million) as of September 30, 2025 [14]. Service Offerings - SU Group provides a range of security-related engineering services, including installation and maintenance of security systems, equipment rental, and security guarding and screening services [3][15].
AITX Files Q3 FY 2026 10-Q Highlighting Stronger Financial Execution
Globenewswire· 2026-01-15 13:40
Core Insights - The company reported a 34% year-over-year revenue growth, reaching approximately $5.75 million for the first nine months of fiscal 2026, with gross profit increasing by 36% to nearly $3.9 million, indicating improved revenue quality and operational execution [1][3][6]. Financial Highlights - Revenue Growth: The company achieved a revenue of approximately $5.75 million for the first nine months of fiscal 2026, marking a 34% increase compared to the same period last year [3]. - Gross Profit Growth: Gross profit rose by 36% to nearly $3.9 million, outpacing revenue growth and reflecting better revenue quality and cost discipline [3]. - Operating Cash Flow: Cash used in operating activities improved by approximately $1.4 million year over year, demonstrating tighter operational controls and improved execution [4]. - Debt Reduction: The company reduced total debt by approximately $5.0 million, lowering outstanding debt from about $32.8 million to $27.8 million [5]. Operational and Strategic Updates - The company undertook targeted actions to refine spending priorities and streamline operations, contributing to improved gross profit performance and reduced working capital requirements [7][8]. - Management's focus on disciplined execution and financial control is evident in the operational improvements reflected in the Q3 financial results [6]. Outlook - The company expects to maintain positive operational momentum through the remainder of fiscal year 2026, with a focus on expanding its installed base, improving production and deployment efficiency, and strengthening the balance sheet [9]. - Management aims to achieve operational positive cash flow around May 2026 while maintaining a disciplined approach to growth and cost control [9]. About the Company - The company, through its subsidiary Robotic Assistance Devices, Inc. (RAD), is innovating in the $50 billion security and guarding services industry with AI-driven solutions that provide significant cost savings [11]. - The company has a prospective sales pipeline of over 35 Fortune 500 companies, indicating strong potential for future business growth [14]. - The company’s operations have been validated through a successful SOC 2 Type 2 audit, enhancing its credibility with enterprise and government clients [12].