Security Services
Search documents
AITX and RAD-R Announce Compatibility Between Alexa and RADCam Adding Unique Agentic AI Powered Awareness
Newsfile· 2025-11-26 13:40
Core Viewpoint - AITX and its subsidiary RAD-R have announced an upgrade to RADCam, integrating Alexa voice interaction, enhancing user experience in residential security through agentic AI technology [1][4][6]. Company Developments - The integration of Alexa allows users to inquire about RADCam's observations, providing spoken descriptions of activities, which enhances real-time awareness without needing to check a screen [1][3][5]. - This upgrade is part of a broader strategy to expand RADCam's capabilities, reinforcing its position in the residential and small business AI security market [6][9]. - The collaboration with Amazon Web Services (AWS) has facilitated the technical integration of Alexa, supporting the company's vision for comprehensive security solutions [7][9]. Product Features - RADCam now offers automated event descriptions, smart notifications, and the SARA™ platform, which provides insights for rapid awareness [6][9]. - The Alexa feature is available for all RADCam deployments, requiring an active subscription, thus enhancing ease of use and promoting intelligent monitoring [5][6]. Market Position - AITX aims to redefine the $50 billion security services industry by providing AI-driven solutions that significantly reduce costs for businesses, with savings ranging from 35% to 80% compared to traditional security models [10]. - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for recurring revenue through future orders [13]. Leadership and Expertise - AITX is led by experienced professionals in the security industry, including CEO Steve Reinharz, who has a strong background in security services and technology innovation [12][14].
Avante Announces Timing of Fiscal Second Quarter Investor Webinar
Globenewswire· 2025-11-25 22:01
Core Points - Avante Corp Inc. will host an investor webinar on December 1, 2025, to discuss its fiscal second quarter results for the period ending September 30, 2025 [1] - The webinar will be led by Emmanuel Mounouchos, CEO, and Raj Kapoor, CFO of Avante [1] Webinar Details - The webinar is scheduled for December 1, 2025, at 10:00 am ET (7:00 am PT) [2] - Dial-in numbers for local connections in Vancouver and Toronto are provided, along with a confirmation number for participants [2] Company Overview - Avante Corp Inc. is a Toronto-based provider of technology-enabled security solutions for residential and commercial clients [3] - The company aims to deliver high-level security globally, focusing on high-net-worth families and corporations through advanced detection methods [3] - Avante has developed a diversified security platform and is pursuing organic growth and strategic acquisitions to expand its portfolio of security businesses [3]
AITX Surges to New Billing Record in October
Newsfile· 2025-11-25 13:40
Core Insights - AITX achieved its highest billing results in October 2025, invoicing approximately $762,000, a 20% increase from $609,000 in September 2025, positioning the company towards a potential $10 million annual recurring revenue run rate as RAD technology adoption rises [1][3][4] Financial Performance - October 2025 billing reached $762,000, up from $609,000 in September, marking a 20% month-over-month growth [1][3] - The company is on track to potentially reach positive operational cash flow by spring 2026, driven by rising recurring revenue and expanding client deployments [4] Business Model and Market Position - AITX operates 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 [4][8] - The company’s solutions are designed to replace or complement human personnel in environments better suited for machines, enhancing operational efficiency [4][8] Subsidiary Contributions - October's record performance is attributed solely to the subsidiaries Robotic Assistance Devices, Inc. (RAD-I) and Robotic Assistance Devices Residential, Inc. (RAD-R), with additional revenue expected from RAD-G and SARA™ as deployments progress [3][4] Leadership and Expertise - AITX is led by Steve Reinharz, who has extensive experience in the security services industry, supported by a team with backgrounds in security leadership, law enforcement, and robotics innovation [6][8] Sales Pipeline - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, with expectations to convert existing sales opportunities into deployed clients generating recurring revenue [7]
3 Reasons Why Growth Investors Shouldn't Overlook Alarm.com (ALRM)
ZACKS· 2025-11-24 18:46
Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, with Alarm.com Holdings (ALRM) being highlighted as a strong candidate due to its favorable growth metrics and Zacks Rank [2][11]. Group 1: Earnings Growth - Alarm.com has a historical EPS growth rate of 7.5%, but projected EPS growth for this year is expected to be 39.4%, significantly surpassing the industry average of 26.1% [5]. Group 2: Cash Flow Growth - The year-over-year cash flow growth for Alarm.com is currently at 16.2%, which is notably higher than the industry average of -13.4% [6]. - The company's annualized cash flow growth rate over the past 3-5 years stands at 7.7%, compared to the industry average of 7.2% [7]. Group 3: Earnings Estimate Revisions - The current-year earnings estimates for Alarm.com have been revised upward, with the Zacks Consensus Estimate increasing by 9.2% over the past month [9]. Group 4: Overall Positioning - Alarm.com has achieved a Growth Score of B and holds a Zacks Rank 1, indicating strong potential for outperformance in the growth stock category [11].
AITX's RAD Reveals Another Wave of Orders
Newsfile· 2025-11-24 13:40
Core Insights - The company, Artificial Intelligence Technology Solutions, Inc. (AITX), reported a series of new orders for its AI-driven security and productivity solutions, indicating strong momentum in its device and software portfolio [1][3] - The recent orders include various systems and licenses, suggesting that the current quarter may be the strongest for order intake in the fiscal year [3][4] Company Overview - AITX, through its subsidiary Robotic Assistance Devices, Inc. (RAD), is innovating within the $50 billion security and guarding services industry by offering AI-driven Solutions-as-a-Service that can save businesses between 35%-80% compared to traditional manned security [5] - The company’s solutions are designed to complement or replace human personnel in environments better suited for machines, enhancing operational efficiency [5][9] Recent Developments - The company has booked new orders for 24 RADCam Enterprise systems, 3 RIO Mini systems, 3 TOM units, 2 AVA units, 6 SARA licenses, and 1 ROSA unit, contributing to a strong order intake [3][4] - CEO Steve Reinharz noted an acceleration in B-to-B activity and emphasized the focus on increasing recurring monthly revenue to finish the fiscal year strong [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 [7] - The team’s background includes expertise in law enforcement and robotics, which supports the development of practical and disruptive security solutions [7] Sales Pipeline - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating significant potential for future business growth [8] - The company aims to convert existing sales opportunities into deployed clients, which would generate a recurring revenue stream [8]
Cloudastructure Expands Remote Monitoring with First Global Guard Center in Kolkata, India
Globenewswire· 2025-11-21 14:00
Core Insights - Cloudastructure has launched its first global guard center in Kolkata, India, enhancing its remote monitoring capabilities and enabling faster response times and stronger oversight [1][2][7] Group 1: Strategic Benefits - The establishment of the guard center allows Cloudastructure to scale remote monitoring operations more efficiently and reduce reliance on third-party providers, thereby lowering costs [3] - The in-house operations provide superior verification and fewer false alarms compared to traditional models that depend on external providers [4] Group 2: Cost Efficiency & Margin Improvement - By bringing remote guard operations in-house, the company reduces outsourcing expenses and improves margin predictability, reinforcing long-term profitability [5] Group 3: Enhanced Investor Confidence - Control over critical security operations, combined with a powerful analytics platform, positions Cloudastructure as a vertically integrated leader in remote monitoring and proactive security, enhancing operational resilience [6] Group 4: Competitive Advantage - The alignment of guard teams to local daytime hours in India ensures peak human cognitive performance, leading to more proactive and reliable threat responses [7]
AITX's SARA Industry Education Efforts Continue at ISC East as the Company Strengthens Its Hold on Agentic AI Leadership
Newsfile· 2025-11-19 13:40
Core Insights - The article highlights the leadership of Artificial Intelligence Technology Solutions, Inc. (AITX) in the agentic AI sector, particularly in the security industry, as the company showcases its SARA™ platform at ISC East [1][4][6] Company Developments - AITX's CEO/CTO Steve Reinharz will present on the rise of agentic AI in real-time security, emphasizing the capabilities of the SARA platform in enhancing autonomous detection and response [1][3] - The company has secured a multi-million dollar contract for SARA, expected to reach approximately $2.5 million, indicating strong demand for real-time autonomous security solutions [4][5] - AITX is preparing to release a white paper on agentic AI in collaboration with Amazon Web Services (AWS), further solidifying its position in the market [5] Industry Context - The security and guarding services industry is valued at nearly $50 billion, with AITX's solutions offering cost savings of 35%-80% compared to traditional manned security models [7][8] - The company is witnessing a shift in the industry as organizations move from passive observation to active, autonomous security operations, driven by the capabilities of the SARA platform [6][10] Market Recognition - Reinharz's presentations at major industry events reflect a growing recognition of AITX's innovations in real-time security, with high engagement from attendees [5][6] - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating significant potential for future business growth [10]
AITX Revenue Increases Allow Updating of Positive Operational Cash Flow Target Date
Newsfile· 2025-11-18 13:40
Core Viewpoint - The company anticipates achieving positive operational cash flow by April or May 2026, marking a significant milestone in its growth trajectory [1][4][6] Company Performance and Financial Outlook - The updated forecast for positive cash flow is supported by ongoing recurring revenue growth and disciplined expense control [1][3] - The company has experienced consistent growth in monthly recurring revenue and has a maturing product portfolio that is gaining adoption across key sectors [3][5] - AITX aims to reduce substantially all debt within the next 12 to 18 months, which will support its goal of a future Nasdaq uplist [7][8] Industry Context - Long-term survival in the technology sector is uncommon, with many startups failing to progress beyond their initial years; AITX's achievement of nearing positive cash flow after a decade positions it among a select group of successful technology firms [6][8] - The company operates in the nearly $50 billion security and guarding services industry, offering AI-driven solutions that can provide cost savings of 35%-80% compared to traditional manned security [8][12] Client Base and Market Potential - AITX has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for recurring revenue generation [11] - The company emphasizes its expanding base of long-term clients and consistent growth in software adoption as indicators of its strengthening trajectory [5][6] Leadership and Expertise - The company is led by experienced professionals in the security services industry, which enhances its ability to deliver innovative solutions [10][12] - The successful completion of a SOC 2 Type 2 audit validates the company's internal controls and enhances its credibility with enterprise and government clients [9]
AITX's RAD Adds Major Sports Venue to Client List
Newsfile· 2025-11-17 13:40
Core Insights - Artificial Intelligence Technology Solutions, Inc. (AITX) has secured an order for ten ROSA™ units and ten SARA™ licenses for deployment in a major U.S. sports venue, aimed at enhancing security and monitoring capabilities [1][3][5] Company Overview - AITX, through its subsidiary Robotic Assistance Devices, Inc. (RAD), is a leader in AI-driven security solutions, targeting the $50 billion U.S. security and guarding services industry [7] - RAD's solutions can provide cost savings of 35%-80% compared to traditional manned security services [7] Product Details - The ROSA units are compact, portable security solutions that can be installed in about 15 minutes, featuring AI-driven analytics for human, firearm, and vehicle detection, as well as license plate recognition [6] - SARA, the AI platform integrated with ROSA, enhances event detection and response, allowing security teams to focus on higher-value tasks while maintaining consistent coverage [5][6] Market Position - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for recurring revenue through reorders [10] - The company is actively exploring additional RAD offerings for broader facility coverage, including ROAMEO™ and RIO™ units [3][10] 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 [9]
AITX's RAD-G Releases SARA ASSIST for Remote Video Monitoring, GSOC and SOC Operators
Newsfile· 2025-11-14 13:40
Core Insights - The company has launched SARA™ ASSIST, an extension of its SARA platform, aimed at enhancing remote video monitoring and operations in GSOC and SOC environments [1][3][4] - SARA ASSIST integrates agentic AI into operator workflows, improving efficiency without fully automating the monitoring process [3][5][6] Product Features - SARA ASSIST provides real-time verification, notification, and documentation capabilities, allowing operators to manage incidents more effectively [1][3] - The platform complements existing SARA offerings, including VERIFIED, LITE, AGENT, and EDGE, and is designed to facilitate a gradual transition to full automation [6][5] Market Position - The company is positioned to redefine the $50 billion security and guarding services industry through its innovative AI-driven solutions, which can reduce costs for businesses by 35%-80% compared to traditional manned security [8][12] - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong market interest and potential for recurring revenue [11] Leadership and Expertise - The company is led by experienced professionals in the security services industry, including CEO Steve Reinharz, who has a strong background in security technology and innovation [10][12] - The leadership team includes individuals with extensive expertise in law enforcement and robotics, enhancing the company's capability to deliver effective solutions [10]