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AITX Unveils New Website to Match Investor and Market Expectations
Newsfile· 2025-09-05 12:40
Core Viewpoint - Artificial Intelligence Technology Solutions, Inc. (AITX) has launched a redesigned corporate website aimed at enhancing investor and stakeholder access to company information, aligning with best practices for public companies and emphasizing transparency in communication [1][4]. Group 1: Website Launch and Features - The new website features a modernized design, improved navigation, faster performance, and advanced security, providing a better user experience for investors and stakeholders [1][3]. - The website serves as a platform for showcasing the company's vision, growth strategy, and role in the AI-driven security sector, reinforcing AITX's commitment to transparency [1][4]. Group 2: Company Operations and Market Position - AITX, through its subsidiary Robotic Assistance Devices, Inc. (RAD), is innovating within the nearly $50 billion security and guarding services industry, offering AI-driven Solutions-as-a-Service that can save businesses between 35%-80% compared to traditional manned security [5]. - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for recurring revenue as existing sales opportunities convert into deployed clients [7]. Group 3: Technology and Compliance - AITX's technologies are developed in-house and are designed to enhance operational efficiency and reduce costs across various industries, including government, transportation, and healthcare [8]. - The company has successfully completed its SOC 2 Type 2 audit, which validates its operations and internal controls, enhancing credibility with enterprise and government clients [6].
AITX’s RAD Launches Logistics Market Solution With ROAMEO
Globenewswire· 2025-08-25 12:40
Core Insights - The company is expanding its focus on the logistics sector due to strong client feedback on its security solutions, particularly the ROAMEO Gen 4 and SARA products, indicating significant growth opportunities [1][2][3] - The logistics industry is characterized by high demand for efficiency and security, with RAD's autonomous solutions addressing persistent challenges such as theft prevention and access control [2][4] - RAD has already deployed solutions at approximately 75 sites, significantly reducing guarding expenses, and has substantial expansion potential with its top clients in the logistics sector [3][5] Company Developments - AITX has released a refreshed Logistics Solution brochure to support its initiative in the logistics sector, highlighting the completion of its logistics solution offerings [2][4] - The company claims that its solutions can deliver cost savings of 35%-80% compared to traditional manned security services, positioning itself as a disruptive force in the nearly $50 billion security services industry [5][8] - RAD's technology suite includes various devices that provide layered security while maintaining operational efficiency, all integrated through the SARA platform [4][5] Market Position - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for recurring revenue as it converts sales opportunities into deployed clients [7] - RAD's solutions are designed to enhance operational efficiency across multiple industries, including government, transportation, and healthcare, thereby broadening its market reach [8]
AITX's RAD Launches Logistics Market Solution With ROAMEO
GlobeNewswire News Room· 2025-08-25 12:40
Core Insights - The company is expanding its focus on the logistics sector due to strong client feedback on its security solutions, particularly ROAMEO™ Gen 4 and SARA™ [1][2] - The logistics industry is characterized by a constant demand for efficiency and security, presenting significant growth opportunities for the company [2][3] - The company has already deployed its solutions at approximately 75 sites, significantly reducing guarding expenses for logistics operators [3][5] Company Initiatives - A refreshed Logistics Solution brochure has been issued to support the new initiative, highlighting the complete range of logistics solutions [2][4] - The company aims to deliver unmatched value to logistics providers by addressing persistent security and operational challenges [2][4] - The autonomous ecosystem of the company offers continuous monitoring and measurable cost savings, targeting high-value cargo protection and access control [2][4] Market Potential - The logistics industry is a large market, with the company positioned to capture significant share through its innovative solutions [1][5] - The company is redefining the nearly $50 billion security and guarding services industry with its AI-driven Solutions-as-a-Service model [5] - Cost savings of 35%-80% can be achieved compared to traditional manned security services, enhancing the appeal of the company's offerings [5] Client Engagement - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong future business potential [7] - Existing clients have shown substantial expansion potential, particularly within the logistics sector [3][7] - The company encourages logistics providers to explore its solutions for immediate savings and long-term value [5] Technology and Innovation - The company's robotic solutions, such as AVA™, RIO™, ROAMEO, and ROSA™, provide layered protection while maintaining operational efficiency [4][8] - All technologies are developed in-house, ensuring a comprehensive and integrated approach to security and monitoring [5][8] - The solutions are applicable across various industries, including government, transportation, and healthcare, enhancing their market versatility [8]
AITX Highlights AI-Driven Software Development Efficiencies and Near-Term ROAMEO Deployments
Newsfile· 2025-08-18 12:40
Core Insights - The company highlights significant operational efficiencies in software development due to AI programming tools, which have transformed its coding processes and are expected to continue improving over the next 6 to 12 months [4][5]. - AITX is advancing its ROAMEO autonomous mobile security vehicles towards initial client deployments, transitioning production to Detroit to enhance manufacturing capacity [4][5]. - The company is also progressing its SARA AI platform and developing the RIO solution, positioning itself as a leader in AI-driven autonomous security [6]. Software Development Efficiencies - AI programming tools have drastically changed the company's software development operations, allowing for the production of higher quality code with fewer personnel [4]. - The expectation is that all code will be managed by AI software within the next year, enabling self-improvement and feature additions [4]. Product Deployment and Market Position - AITX's RAD ROAMEO™ vehicles are nearing initial deployments, which are anticipated to generate publicity and enhance the company's profile [5]. - The company aims to establish itself as a key player in the AI-driven security market, focusing on ROAMEO and SARA as primary initiatives [5]. Financial Impact and Market Potential - AITX's solutions are designed to provide cost savings of 35%-80% compared to traditional manned security services, addressing a nearly $50 billion security services industry [7]. - The company has a sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for recurring revenue through client deployments [9]. Compliance and Credibility - The company's operations have been validated through a successful SOC 2 Type 2 audit, enhancing its credibility with enterprise and government clients [8].
AITX's RAD Publishes Case Study Detailing SARA's Agentic AI-Powered Transformation of Dealer's Operations
Newsfile· 2025-08-12 12:40
Core Insights - The article highlights the successful deployment of RAD's SARA™ platform at OneWatch, which significantly improved operational efficiency by reducing false alarms by 85% and tripling response speed [3][4][5]. Company Overview - Artificial Intelligence Technology Solutions, Inc. (AITX) and its subsidiary Robotic Assistance Devices, Inc. (RAD) are focused on transforming the security and guarding services industry, which is valued at nearly $50 billion [10]. - RAD's solutions are designed to provide cost savings of 35%-80% compared to traditional manned security services, utilizing AI-driven technology to enhance operational efficiency [10]. Technology Impact - The SARA platform automates remote video monitoring, allowing OneWatch to address staffing challenges and operator fatigue while maintaining service quality without increasing headcount [3][4]. - SARA's autonomous capabilities enable it to detect, verify, and respond to incidents, which has transformed the security monitoring approach at OneWatch [4][5]. Operational Efficiency - The deployment of SARA has shifted OneWatch's operations from continuous human surveillance to AI-supported exception management, improving operator morale and reducing burnout [5][7]. - Specific incidents highlighted in the case study demonstrate SARA's effectiveness in real-time incident management, such as deterring theft and enabling timely interventions [6]. Market Position - The success of SARA at OneWatch indicates a broader trend in the monitoring industry towards integrating AI technologies, allowing organizations to scale operations without solely relying on human resources [7]. - RAD aims to replicate the success of SARA across its network of nearly 100 authorized dealers and GSOC operators, enhancing service delivery and operational efficiency on a larger scale [8]. Future Prospects - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for future growth and recurring revenue generation [12].
AITX Extinguishes Almost $5 Million of Debt, Targets FY Q2 Profit
GlobeNewswire News Room· 2025-08-11 12:40
Core Insights - The company expects to report net profitability for Q2 FY 2026, primarily due to a significant one-time accounting gain from a recent debt settlement [1][2] - The company successfully settled over $4.5 million in legacy debt for less than 10% of the balance owed, which strengthens its balance sheet by reducing overall debt [2][3] Financial Performance - The one-time accounting gain from the debt settlement is anticipated to be the key factor in achieving net profitability for the quarter [2] - In Q1 FY 2026, the company reported a 57% increase in revenue and an 80% increase in gross profit compared to the same period in the prior year [2] Strategic Focus - The company aims to accelerate growth in its core business and achieve sustainable operational profitability [2][3] - The CEO emphasized the importance of expanding high-margin recurring revenue streams to deliver sustained value for shareholders [3] Industry Position - The company, through its subsidiary Robotic Assistance Devices, Inc. (RAD), is redefining the nearly $50 billion security and guarding services industry with its AI-driven Solutions-as-a-Service business model [4] - RAD solutions provide cost savings of 35%-80% compared to traditional manned security services [4] Client Base and Opportunities - RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities [6] - The company expects to convert existing sales opportunities into deployed clients, generating a recurring revenue stream [6] Compliance and Credibility - The company's operations and internal controls have been validated through successful completion of its SOC 2 Type 2 audit, enhancing its credibility with enterprise and government clients [5]
AITX's RAD Launches 50-Unit ROAMEO Gen 4 Production to Meet Surging Demand
Newsfile· 2025-07-31 12:40
Core Viewpoint - The company, Artificial Intelligence Technology Solutions, Inc. (AITX), is experiencing increased demand for its ROAMEO Gen 4 autonomous mobile security patrol vehicle, leading to a significant expansion in production and deployment plans [1][4][6]. Group 1: Production and Deployment - The subsidiary Robotic Assistance Devices, Inc. (RAD) is increasing its first production run from 10 units to 50 units of ROAMEO Gen 4 in anticipation of heightened demand [1]. - The company is now preparing for up to 100 deployments over the next 12 months, a significant increase from the initial forecast of 20 deployments for the fiscal year ending February 28, 2026 [1][4]. - The production run of 50 units is expected to generate an annual recurring revenue (ARR) of $3 million to $4 million [3]. Group 2: Market Demand and Strategy - The momentum for ROAMEO is attributed to a nationwide demonstration campaign that has engaged enterprise clients and public safety leaders, resulting in accelerated sales discussions and new deployment commitments [4][6]. - RAD is positioned to expand its share in the rapidly evolving physical security market, with a prospective sales pipeline that includes over 35 Fortune 500 companies [7][11]. Group 3: Product Features and Benefits - ROAMEO Gen 4 is designed for autonomous patrols in outdoor environments, featuring AI-powered threat detection, real-time engagement, and obstacle avoidance capabilities [6]. - The device is engineered to replace high-cost human security duties, providing uninterrupted coverage and faster response times, which can lead to significant cost savings for businesses [6][9]. Group 4: Company Overview - AITX is redefining the nearly $50 billion security and guarding services industry with its innovative, AI-driven Solutions-as-a-Service business model, offering cost savings of 35% to 80% compared to traditional manned security [9]. - The company has successfully completed its SOC 2 Type 2 audit, enhancing its credibility with enterprise and government clients [10].
AITX and RAD Claim Firearm Detection AI Could Have Altered NYC Shooting Outcome
Newsfile· 2025-07-30 12:40
Core Viewpoint - The AI-powered firearm detection system developed by Artificial Intelligence Technology Solutions, Inc. (AITX) and its subsidiary Robotic Assistance Devices, Inc. (RAD) could have potentially altered the outcome of a recent shooting incident in New York City by identifying the armed suspect before he entered the building [1][4][5]. Company Overview - AITX, through RAD, is innovating the nearly $50 billion security and guarding services industry with AI-driven Solutions-as-a-Service, offering cost savings of 35%-80% compared to traditional manned security [7]. - RAD's technology includes stationary and mobile robotic solutions that can complement or replace human personnel in various environments [7][10]. Technology and Impact - The AI system processed surveillance footage and flagged the presence of a long gun with high confidence before the suspect reached the building's entrance, demonstrating the potential for real-time firearm detection to prompt faster responses [4][5]. - If RAD's technology had been deployed, it could have triggered deterrent actions such as flashing lights and audible alerts, and sent automated alerts to security and law enforcement, potentially saving lives [5][6]. Market Potential - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong future business opportunities and the potential for recurring revenue streams [9]. - The company is prepared to provide demonstrations and technical briefings to stakeholders interested in understanding and implementing firearm detection AI technology [6][9]. Compliance and Credibility - AITX's operations have been validated through a successful SOC 2 Type 2 audit, enhancing its credibility with enterprise and government clients who require strict data protection and security compliance [8].
AITX Restructures Millions in Debt, Targets FY Q2 Profit
Globenewswire· 2025-06-17 12:40
Core Viewpoint - The company has successfully restructured and settled over $4.5 million in debt for less than 10% of the amount owed, leading to a significant one-time accounting gain that positions it for net profitability in Q2 FY 2026 [1][2]. Financial Performance - The restructuring is expected to deliver a one-time gain for the current quarter, contributing to anticipated net profit for Q2 2026, which began on June 1, 2025 [1][2]. - The management emphasizes that sustainable profitability will rely on ongoing revenue growth and operational improvements, beyond the temporary accounting benefit [2][3]. Business Model and Market Position - The company, through its subsidiary Robotic Assistance Devices, Inc. (RAD), is innovating within the $50 billion security and guarding services industry with AI-driven Solutions-as-a-Service [5]. - RAD's solutions can provide cost savings of 35%-80% compared to traditional manned security services, utilizing both stationary and mobile robotic technologies [5]. Client Base and Growth Potential - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for recurring revenue as existing sales opportunities convert into deployed clients [7]. - Each Fortune 500 client has the potential for multiple reorders, enhancing the company's revenue stability [7]. Operational Credibility - The company's operations and internal controls have been validated through a successful SOC 2 Type 2 audit, reinforcing its credibility with enterprise and government clients [6].
AITX's RAD Secures Major National Dealer, Wins Logistics Giant with Multiple RIO Mini Order
Globenewswire· 2025-06-09 12:40
Core Viewpoint - The announcement of a new national authorized dealer for Artificial Intelligence Technology Solutions, Inc. (AITX) and its subsidiary Robotic Assistance Devices, Inc. (RAD) signifies a strategic expansion into the logistics sector, driven by the demand for AI-powered security solutions [2][3]. Company Summary - AITX, through RAD, is focusing on the logistics market by partnering with a dealer that will introduce RAD's solutions to one of the largest logistics providers in the country [2][3]. - The RIO Mini units, which are solar-powered security trailers equipped with the SARA platform, are designed to provide real-time security monitoring and response, enhancing operational efficiency for logistics operators [4][5]. - The company is experiencing growth in revenues and anticipates a strong quarter, indicating a positive market reception for its AI-driven security solutions [5]. Industry Summary - The logistics sector is facing increasing incidents of theft and trespassing, making advanced security solutions a critical need [5]. - The RIO Mini offers a cost-effective security solution that can reduce traditional security costs by automating surveillance and response, thus protecting high-value assets [5][8]. - The security and guarding services industry is valued at nearly $50 billion, with RAD's solutions providing cost savings of 35%-80% compared to traditional manned security [8].