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AITX's RAD Begins Multi-Site Rollout at Major Auction Operator with RIO 360 and RIO Mini
Newsfile· 2025-10-03 12:40
Core Insights - AITX's subsidiary RAD has initiated a multi-site rollout of its RIO 360 and RIO Mini security solutions for a major national heavy equipment auction operator, marking a significant step in enhancing security at auction sites [1][3][4] - The deployment of RAD's solutions is expected to address unique security challenges faced by auction sites, with the potential for broader adoption across the operator's multiple locations [4][5] - The company is experiencing increasing demand for its AI-driven security solutions, which are designed to provide cost-effective alternatives to traditional security measures, potentially saving businesses between 35%-80% compared to conventional manned security [6][10] Company Overview - AITX, through RAD, is redefining the $50 billion security and guarding services industry with innovative AI-driven solutions [6] - RAD's technology focuses on continuous monitoring, real-time detection, and autonomous response, making it suitable for environments where traditional security is ineffective [3][6] - 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 [7] Market Position and Growth Potential - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong growth potential as it converts sales opportunities into recurring revenue streams [9] - The company is focused on expanding its client base and expects additional orders as the auction operator evaluates the effectiveness of the initial deployments [5][9] - AITX's solutions are applicable across various industries, including government, transportation, and healthcare, which broadens its market reach [10]
AITX's RAD Wins Major RIO Mini and SARA Deployment for Government Construction Project
Newsfile· 2025-10-02 12:40
Core Insights - AITX's subsidiary RAD has received an order for ten RIO Mini units with SARA AI platform for a government construction project, indicating a growing demand in the construction sector [1][4][6] - The initial deployment may expand to over 100 units, highlighting the potential for significant recurring revenue [3][4][6] - RIO Mini provides a flexible, solar-powered security solution that enhances security while reducing costs compared to traditional guard services [5][6] Company Overview - AITX, through RAD, is innovating in the $50 billion security services industry with AI-driven solutions that can save businesses 35%-80% compared to traditional security models [7] - The company has successfully completed a SOC 2 Type 2 audit, reinforcing its credibility with enterprise and government clients [8] - RAD's leadership team includes experienced professionals from the security and law enforcement sectors, enhancing its capability to deliver effective solutions [9] Market Potential - RAD has a prospective sales pipeline involving over 35 Fortune 500 companies, indicating strong future business opportunities [10] - The deployment of RIO Mini and SARA is expected to set the stage for broader adoption in the construction sector, as companies seek to reduce theft and control security costs [6][10]
AITX's RAD and Immix Deepen Partnership with Feature-Rich Technology Integration to Boost Operator Efficiency and Accelerate AI Adoption
Newsfile· 2025-09-30 12:40
Core Insights - Immix and Robotic Assistance Devices (RAD) are collaborating to develop an integration that enhances the functionality of RAD's security devices with the Immix platform, aiming to meet customer demand for improved control and real-time insights [1][3][4] Company Overview - Immix is a global provider of software that enhances the management and response capabilities of commercial central stations and monitoring centers, with a focus on video-centric managed services across various markets [9] - Artificial Intelligence Technology Solutions, Inc. (AITX), through its subsidiary RAD, is innovating within the $50 billion security and guarding services industry, offering AI-driven solutions that can reduce costs for businesses by 35%-80% compared to traditional manned security [10][14] Integration Features - The integration will provide real-time situational awareness through live video streams and actionable alarms, enabling operators to assess threats accurately and efficiently [5] - Enhanced interactive functionalities will allow operators to take deterrent measures, such as triggering alarms or communicating with individuals on-site, thereby increasing the effectiveness of remote monitoring [6] - The integration aims to improve operational efficiency by facilitating device configuration retrieval and supporting features like video playback and health checks for devices [6] Future Automation - The collaboration is strategically important for establishing a technical foundation that supports future automation and AI solutions, particularly RAD's SARA (Speaking Autonomous Responsive Agent) which automates incident management and operator dispatch [7][8] - Both companies are actively engaged in the development process, with expectations to deliver immediate value to customers while advancing the security industry towards Agentic AI [8] Leadership and Expertise - RAD is led by experienced professionals in the security services industry, including CEO Steve Reinharz, who has a strong background in security technology and innovation [12] - The RAD team includes experts with extensive experience in law enforcement and security, reinforcing the company's capability to deliver effective solutions [12] Market Potential - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for recurring revenue as existing sales opportunities are converted into deployed clients [13]
AITX's RAD Signs Technon Cyber as Master Distributor for Latin American Market
Newsfile· 2025-09-29 12:40
Core Insights - AITX's subsidiary RAD has appointed Technon Cyber as the Master Distributor for the Latin American market, marking a significant step in RAD's international expansion strategy [1][4][5] - Technon Cyber, led by CEO Joe Gehr, brings extensive experience in the security industry and is expected to enhance RAD's presence in Latin America [3][6] - The RAD ecosystem includes AI-powered security solutions such as RADCam™ Enterprise and SARA™, which are designed to improve security outcomes and reduce costs for clients [1][7] Company Overview - AITX, through RAD, is redefining the $50 billion security and guarding services industry with innovative, AI-driven Solutions-as-a-Service [7] - RAD's solutions can provide cost savings of 35%-80% compared to traditional manned security services, utilizing both stationary and mobile robotic technologies [7] - 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] Leadership and Expertise - CEO Steve Reinharz and President Mark Folmer lead RAD, supported by a team with extensive backgrounds in security, law enforcement, and robotics innovation [9] - Joe Gehr's leadership is expected to accelerate RAD's growth in Latin America, leveraging his experience in building distributor networks and client relationships [3][6] Market Potential - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for recurring revenue as existing opportunities are converted into deployed clients [10] - The market in Latin America is seen as ready for innovative, AI-powered solutions that can enhance security and reduce costs, aligning with RAD's offerings [6]
Global Markets Navigate Oil Glut, Yen Weakness, and Key Corporate Strategies
Stock Market News· 2025-09-29 08:08
Energy Markets - The global oil market is experiencing significant challenges, with Brent crude prices struggling to remain above $70 per barrel due to a persistent supply glut and subdued global demand [2][8] - The U.S. Energy Information Administration (EIA) forecasts Brent crude prices to decline to an average of $59 per barrel in Q4 2025 and around $51 per barrel in early 2026, driven by large oil inventory builds as OPEC+ increases production by approximately 547,000 barrels per day starting September 2025 [2] - China's liquefied natural gas (LNG) imports are expected to decline for the eleventh consecutive month, with a year-to-date drop of 22% in 2025 and a 30% decrease in the first four months compared to 2024, primarily due to weak industrial demand and increased domestic gas production [3] Currency Movements and Central Bank Actions - The USD/JPY exchange rate has seen a significant drop of 0.6% to 148.61, with the Japanese Yen weakening 1.26% over the past month and 3.64% over the last year, driven by divergent economic performances between the US and Japan [4][8] - The Riksbank in Sweden has cut its policy rate by 0.25 percentage points to 1.75% to stimulate the weak economy, marking the eighth rate reduction since spring last year [5] Corporate Strategies - Verisure, a Switzerland-based security services company, is targeting a valuation of up to €13.9 billion (approximately $16.29 billion) in its planned IPO on Nasdaq Stockholm, aiming to raise €3.1 billion (around $3.7 billion) by selling new shares [6][8] - AstraZeneca plans a direct listing of its ordinary shares on the New York Stock Exchange, maintaining its primary listing in London, to attract a broader global investor base while investing $50 billion in the US over the next five years [7][8] Global Developments - Russia and Vietnam are strengthening energy ties, with new projects expected to begin in January 2026 and a memorandum of understanding signed for cooperation on Vietnam's first nuclear power plant [9] - China's Communist Party will hold its fourth plenary session from October 20 to 23 to deliberate on the 15th Five-Year Plan for National Economic and Social Development, which is closely monitored for its implications on China's economic rebalancing and geopolitical strategy [10]
AITX's RAD ROSA Expansion Order Follows RIO Success Across National Deployments
Newsfile· 2025-09-26 12:40
Core Insights - AITX's subsidiary RAD has received a new order for a stand-alone ROSA security device from a major client, expanding its deployment following successful tests with RIO units across the nation [1][3] - The RAD ecosystem encourages clients to adopt multiple solutions, enhancing security capabilities and operational efficiency [3][5] Company Overview - AITX, through RAD, is innovating within the $50 billion security services industry by offering AI-driven solutions that can reduce costs for businesses by 35%-80% compared to traditional manned security [6][10] - RAD's product lineup includes stationary devices like AVA, TOM, ROSA, RIO, and RADCam, as well as mobile solutions such as ROAMEO and RADDOG, catering to a wide range of security needs [5][10] Client Engagement - The successful performance of RAD's RIO units has led to further evaluations for additional ROSA and RIO deployments, indicating strong client satisfaction and potential for future orders [3][9] - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, suggesting significant growth opportunities as existing sales convert into recurring revenue streams [9] Leadership and Expertise - The leadership team at RAD, including CEO Steve Reinharz and President Mark Folmer, brings extensive experience in security services and technology, enhancing the company's credibility and operational effectiveness [8][10] - The company has successfully completed a SOC 2 Type 2 audit, validating its internal controls for customer data protection, which is crucial for attracting enterprise and government clients [7]
AITX's RAD Launches RADGuard Into Market with Groundbreaking Licensing Order
Newsfile· 2025-09-25 12:40
AITX's RAD Launches RADGuard Into Market with Groundbreaking Licensing OrderRADGuard, RAD's Visitor Management App Powers TOM and Android Tablets, Secures Initial 10-License Order with More on DeckSeptember 25, 2025 8:40 AM EDT | Source: Artificial Intelligence Technology Solutions, Inc.Detroit, Michigan--(Newsfile Corp. - September 25, 2025) - Artificial Intelligence Technology Solutions, Inc. (OTCID: AITX) (the "Company"), a global leader in AI-driven security and productivity solutions, alo ...
Leading National Retail Property Operator Strengthens AITX & RAD Engagement
Newsfile· 2025-09-24 12:40
Core Insights - The company has signed a multi-unit proof of concept with a leading national retail property operator to deploy multiple ROSA™ units powered by SARA™ to address security issues such as overnight trespassing [1][3] - This engagement is expected to pave the way for further deployments of additional security solutions across the operator's extensive portfolio [1][6] Company Overview - Artificial Intelligence Technology Solutions, Inc. (AITX) and its subsidiary Robotic Assistance Devices, Inc. (RAD) are focused on redefining the $50 billion security and guarding services industry through AI-driven solutions [7] - RAD's solutions can provide cost savings of 35%-80% compared to traditional manned security services, enhancing operational efficiency [7] Industry Challenges - Retail property operators are facing increasing security challenges, including trespassing and loitering, particularly in high-traffic areas where after-hours oversight is limited [5] - The pressure to adopt technology-led solutions is growing as traditional guard forces are costly and often insufficient [5] Future Prospects - Successful results from the current engagement could lead to significant expansion opportunities across numerous retail centers nationwide, creating recurring monthly revenue [6] - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for future business growth [10]
AITX's RAD Secures Multiple High-Value ROAMEO Orders from Major Healthcare Network
Newsfile· 2025-09-23 12:40
AITX's RAD Secures Multiple High-Value ROAMEO Orders from Major Healthcare NetworkMajor Hospital Network Integrates ROAMEO Into Security Operations, Demonstrating Confidence in RAD's Premium Mobile Security SolutionSeptember 23, 2025 8:40 AM EDT | Source: Artificial Intelligence Technology Solutions, Inc.Detroit, Michigan--(Newsfile Corp. - September 23, 2025) - Artificial Intelligence Technology Solutions, Inc. (OTCID: AITX) (the "Company"), a global leader in AI-driven security and productiv ...
Avante to Present at the 2025 Cantech Investment Conference in Toronto
Newsfile· 2025-09-22 11:55
Group 1 - Avante Corp will participate in the 2025 Cantech Investment Conference on October 9, 2025, in Toronto, showcasing its technology-enabled security solutions [1][2] - The CEO Manny Mounouchos emphasized the opportunity to highlight Avante's innovation and growth strategy while building relationships with investors [2] - The Cantech Investment Conference is recognized as a leading event for technology and diversified industries, providing a platform for emerging companies to present their innovations and engage with potential investors [3] Group 2 - Avante Corp is a Toronto-based provider of technology-enabled security solutions for residential and commercial clients, focusing on delivering high-level security services [4] - The company aims to establish a diverse portfolio of security businesses through organic growth and strategic acquisitions, addressing the security risks of its clients [4] - Avante is listed on the TSX Venture Exchange under the ticker "XX" and is committed to providing superior security services through advanced technology [4]