Workflow
Security and Guarding Services
icon
Search documents
AITX's RAD Deploying Ten RIO Mini Units at Major Midwest Construction Site
Globenewswire· 2026-01-23 13:40
Core Viewpoint - The company is expanding its deployment of autonomous security solutions in the construction sector, indicating a trend towards standardization of such technologies rather than one-off implementations [1][3]. Group 1: Deployment and Technology - The company will deploy 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]. - Each RIO Mini unit will utilize the SARA™ AI platform for autonomous monitoring, detection, and response across the construction site, following a previous deployment of sixteen units for another project [2]. - The deployment reflects a growing recognition among construction clients of the benefits of integrating autonomous security systems into their operations [3]. Group 2: Market Position and Financial Impact - The company operates within a nearly $50 billion security and guarding services industry, offering cost savings of 35%-80% compared to traditional manned security solutions [4]. - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for future revenue growth through repeat orders [7]. Group 3: Leadership and Expertise - The company is led by experienced professionals in the security services industry, including the CEO/CTO Steve Reinharz, who has significant expertise in security and robotics [6]. - The leadership team includes individuals with backgrounds in law enforcement and security industry leadership, enhancing the company's ability to deliver effective solutions [6]. Group 4: Innovation and Applications - The company is recognized for its innovative AI-driven solutions that enhance operational efficiency and situational awareness across various industries, including government, transportation, and healthcare [8]. - The SARA platform serves as the primary AI system, designed to process various data types and support operational objectives [11].
AITX Subsidiary RAD-G Moves SARA From Proof of Concept to Paying Agentic AI Clients
Globenewswire· 2025-12-22 13:40
Core Insights - The company has transitioned its SARA™ AI platform from pilot programs to live invoicing for monitoring clients, indicating a significant shift towards revenue generation in the remote video monitoring sector [1][2]. Group 1: Product Development and Adoption - SARA has progressed from industry recognition to operational adoption, with multiple monitoring companies engaging in proof of concepts and live operational pilots [2]. - The platform has received accolades, including top honors at the Security Industry Association New Products and Solutions Awards, validating its effectiveness in the industry [2]. - The company offers SARA in various forms, allowing clients to adopt autonomous intelligence at their own pace, with options like SARA Verified, SARA Lite, and SARA Agent [3]. Group 2: Financial Implications - The revenue stream from SARA is expected to be a significant contributor to the company's financial performance in the upcoming fiscal year [3]. - The company claims that its solutions can provide cost savings of 35%-80% compared to traditional manned security services, potentially attracting a wide range of clients [5]. Group 3: Market Position and Strategy - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong market interest and potential for recurring revenue [9]. - The modular approach of SARA allows organizations to expand their capabilities without replacing existing systems, facilitating long-term migration towards fully autonomous operations [3]. Group 4: Company Background and Leadership - The company is led by experienced professionals in the security industry, including CEO Steve Reinharz, who has a strong background in security services and technology [7][8]. - The company has successfully completed a SOC 2 Type 2 audit, enhancing its credibility with enterprise and government clients who prioritize data protection [6].
AITX Expands Firearm Detection Beyond Its Devices and Presents a Major Shift in Pricing Compared to Many Legacy Providers
Newsfile· 2025-12-04 13:40
Core Viewpoint - AITX is expanding its AI-driven firearm detection technology to operate on third-party security cameras, significantly increasing its market reach and introducing aggressive pricing to enhance adoption [1][4][6]. Group 1: Product Expansion - The AI firearm detection analytic is now compatible with third-party security cameras, expanding from hundreds of RAD devices to potentially hundreds of millions of cameras globally [1][6]. - This compatibility allows for rapid deployment across large campuses and municipal networks without the need to replace existing infrastructure [6]. Group 2: Pricing Strategy - AITX is introducing a new pricing structure aimed at making firearm detection solutions more accessible, with prices ranging from $9.00 to $22.50 per channel depending on the sales channel [5]. - The company believes that this aggressive pricing will lower financial barriers and accelerate adoption across large camera networks [5][6]. Group 3: Market Potential - The security and guarding services industry is valued at nearly $50 billion, and AITX aims to redefine this market with its innovative solutions [8]. - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for recurring revenue streams [11]. Group 4: Operational Credibility - AITX has successfully completed a SOC 2 Type 2 audit, validating its internal controls for handling customer data, which enhances its credibility with enterprise and government clients [9]. - The operational footprint includes over one hundred active devices analyzing millions of images in real-time, demonstrating consistent threat recognition performance [6].
AITX Inks Major Logistics Expansion for Full RAD Product Line
Newsfile· 2025-11-13 13:40
Core Viewpoint - Artificial Intelligence Technology Solutions, Inc. (AITX) and its subsidiary Robotic Assistance Devices, Inc. (RAD) have initiated a significant expansion in logistics by securing a major order from a global logistics client, marking the beginning of a broader rollout of their RADTown solutions [1][5]. Company Developments - The client has placed an initial order that includes various RAD devices and software, indicating a shift from traditional manned guarding to a technology-first model [3][4]. - The order consists of two AVA™ devices, one TOM unit, one ROAMEO™ mobile security vehicle, one SARA™ license, and multiple subscriptions for centralized oversight and workflow automation [3][6]. - This expansion is part of a long-term strategy by the client to consolidate security and workflow functions within the RADTown framework, with additional phases expected as new sites come online [4][5]. Industry Context - RADTown is positioned as an AI-powered security ecosystem designed for organizations requiring consistent security performance across extensive networks, offering potential savings of 35% to 80% compared to traditional labor-based security models [6][7]. - The security and guarding services industry is valued at nearly $50 billion, and AITX aims to redefine this market through its innovative, AI-driven Solutions-as-a-Service business model [7][8]. Leadership and Expertise - AITX is led by experienced professionals, including CEO/CTO Steve Reinharz, who has extensive experience in the security services industry, and other key figures with backgrounds in law enforcement and robotics innovation [9][10]. - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for future growth and recurring revenue streams [10][11]. Technological Advancements - AITX's solutions are designed to enhance operational efficiency and reduce costs, allowing organizations to focus on strategic tasks while improving situational awareness [11]. - The company has successfully completed a SOC 2 Type 2 audit, validating its internal controls for handling customer data, which enhances its credibility with enterprise and government clients [8].
AITX Unveils New Website to Maximize SARA's Industry Momentum, Match Investor and Market Expectations
Newsfile· 2025-10-16 12:40
Core Insights - The company has launched a new website for its AI security monitoring platform, SARA, aimed at enhancing lead generation and expanding its market presence [1][5] - SARA has received industry recognition, including two awards at ISC West 2025, highlighting its capabilities in real-time monitoring and automation [3][6] - The company claims that its AI-driven solutions can reduce security costs for businesses by 35%-80% compared to traditional manned security services [6] Company Developments - The new website, www.saramonitoring.ai, provides comprehensive information about SARA's features, capabilities, and case studies [5][6] - SARA has demonstrated its effectiveness in reducing false alarms and improving response times through recent deployments with clients like OneWatch and HUB Enterprises [3][5] - The company has a strong leadership team with extensive experience in the security industry, enhancing its credibility and operational effectiveness [8] Market Position - The security and guarding services industry is valued at nearly $50 billion, and the company aims to redefine this market with its innovative AI solutions [6] - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for future growth [9] - The company’s solutions are designed to improve operational efficiency and ROI for clients across various sectors, including government, healthcare, and transportation [10]
AITX's RAD Publishes Case Study Detailing RIO 180 with SARA's Transformative Impact on Mobile Home Community Security
Newsfile· 2025-10-14 12:40
Core Insights - The article discusses the successful deployment of RAD's RIO™ 180 units powered by SARA™ in a mobile home community, highlighting the positive impact on security and resident confidence [1][3][4] Company Overview - Artificial Intelligence Technology Solutions, Inc. (AITX) operates through its subsidiary Robotic Assistance Devices, Inc. (RAD), focusing on innovative AI-driven security solutions [6] - RAD's business model aims to redefine the $50 billion security and guarding services industry by providing cost savings of 35%-80% compared to traditional manned security [6] Case Study Highlights - The case study titled "Transforming Mobile Home Park Security with RAD and HUB Enterprises" illustrates how the collaboration between Champion Real Estate Services, HUB Enterprises, and RAD addressed security challenges, leading to a significant reduction in resident complaints and incidents of trespassing and theft [3][4] - The deployment of two RIO 180 units resulted in a near elimination of resident complaints and a sharp decline in disruptive activities [3][4] Technology and Features - RIO 180 units are equipped with SARA, an AI platform that enhances security response and monitoring capabilities, providing immediate deterrents recognized by residents [4][5] - RAD's ROSA™ units offer advanced security features, including human and vehicle detection, license plate recognition, and two-way communication, which can be activated quickly [5] Leadership and Expertise - RAD is led by experienced professionals from the security services industry, including CEO Steve Reinharz and President Mark Folmer, who bring extensive expertise in security and robotics [8] - The leadership team’s background reinforces RAD's ability to deliver effective and innovative security solutions [8] Market Potential - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for future business growth and recurring revenue streams [9]
AITX's RAD Secures New Dual RIO 180 Order from Leading Consumer Products Company
Newsfile· 2025-10-13 12:40
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]
AITX's RAD Sees Q3 Sales Momentum Build as Orders Flow from Multiple Industries
Newsfile· 2025-10-09 12:40
Core Insights - AITX's subsidiary RAD has experienced significant sales momentum in Q3 2025, with new orders across various industries including healthcare, retail, construction, banking, and property management, indicating a growing market adoption of AI-driven security solutions [1][8] Sales Activity - Since September 1, 2025, RAD has secured multiple new orders, including two ROSA™ units for a security services firm in Michigan, two ROSA units with SARA™ for a luxury student housing complex, and a RIO™ 180 unit for a residential property management company in California [3][4] - Additional orders include units for a global logistics provider and a major diagnostics company, showcasing RAD's penetration into diverse sectors [3][5] Order Summary - The Q3 FY2026 order summary includes various devices: 2 ROAMEO Gen 4, 9 ROSA, 3 RIO 360, 4 RIO 180, 11 RIO Mini, and 10 RADGuard Licenses, totaling 54 devices/licenses [6][7] Market Position - The company is positioned as a leader in the AI-driven security and monitoring solutions market, with a focus on scaling production and converting demand into recurring revenue growth [8][10] - AITX's solutions are designed to provide cost savings of 35%-80% compared to traditional manned security services, indicating a strong value proposition in the security industry [10][15] Leadership and Expertise - AITX is led by experienced professionals in the security services industry, including CEO Steve Reinharz and President Mark Folmer, who bring extensive expertise to the company [12][13] Future Prospects - RAD has a prospective sales pipeline of over 35 Fortune 500 companies, indicating strong potential for future growth and recurring revenue generation [14]
AITX Confirms FY2026 Q2 Profitability
Newsfile· 2025-10-06 12:40
Core Insights - The company confirmed preliminary unaudited results indicating profitability in Q2 of FY2026, reporting over $750,000 in profit [1][4] - The audited Form 10-Q is expected to be released by October 15, 2025 [1] Financial Performance - The company achieved profitability due to a decisive debt restructuring and disciplined cost controls, which were implemented to drive financial results [3][4] - The company restructured and settled over $4.5 million in debt for less than 10% of the amount owed, contributing to the profitable quarter [3] Business Model and Market Position - The company, through its subsidiary Robotic Assistance Devices, Inc. (RAD), is redefining the $50 billion security and guarding services industry with AI-driven Solutions-as-a-Service [5] - RAD solutions provide cost savings of 35%-80% compared to traditional manned security services [6] Sales Pipeline and Client Opportunities - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for future business growth [8] - The company anticipates a strong second half of the year in terms of order intake for both RAD hardware and SARA™ software solutions [4] Technology and Compliance - The company's operations have been validated through a successful SOC 2 Type 2 audit, enhancing credibility with enterprise and government clients [7] - AITX's technology aims to improve the efficiency and cost-effectiveness of security services, allowing personnel to focus on strategic tasks [9]
AITX's RAD Surges Toward 100 ROAMEO Deployments as Demand Accelerates
Newsfile· 2025-09-11 12:40
Core Insights - The company, Artificial Intelligence Technology Solutions, Inc. (AITX), is experiencing a surge in demand for its ROAMEO Gen 4 mobile security robot, with significant orders from major clients, including a request for 100 units and a pilot program with a Fortune 500 client for 60 units [1][5][10] - The expansion of production capacity from 50 to 100 units is aimed at capturing the growing recurring monthly revenue potential, which could increase annual recurring revenue (ARR) from an estimated $3 to $4 million to $6 to $8 million [6][8][10] Company Developments - The subsidiary Robotic Assistance Devices, Inc. (RAD) has seen multiple client orders across various sectors, including retail, higher education, and logistics, following the launch of ROAMEO Gen 4 [3][5] - The ongoing ROAMEO Road Trip demonstration tour is enhancing visibility and interest in the product among enterprises and public safety leaders [3][5] - The appointment of Stacy Stephens as Senior Vice President of Sales at RAD-M is contributing to the acceleration of sales opportunities [4][6] Market Position - AITX is positioned to redefine the nearly $50 billion security and guarding services industry through its innovative, AI-driven Solutions-as-a-Service business model, which offers cost savings of 35%-80% compared to traditional manned security [8] - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for future business growth [10] Product Features - ROAMEO Gen 4 is designed for autonomous patrols in expansive outdoor environments, featuring AI-powered threat detection, real-time engagement, and obstacle avoidance capabilities [6][8] - The robot's specifications include a height of 6 feet 9 inches and a weight of over 1,600 pounds, providing a commanding presence while performing security tasks [6]