Financial Data and Key Metrics Changes - Revenue grew 272% year-over-year to $1.45 million, the strongest quarter yet, reflecting accelerating adoption of AI-driven solutions [7][12] - Gross profit increased 1,070% year-over-year to $720,000, indicating margin expansion from higher recurring revenue [12] - Net loss for the quarter was $2.06 million compared to a loss of $1.72 million last year, as the company continued to invest in growth [12] Business Line Data and Key Metrics Changes - Hardware sales increased 144%, remote guarding revenue rose 154%, and cloud subscriptions expanded 142% [13] - Properties serviced grew 83%, and installation and other services increased 790%, demonstrating scaling across customers and products [13] Market Data and Key Metrics Changes - The company signed approximately $4.79 million in contracts through the end of September, more than triple the total of $1.5 million for all of 2024 [7] - September was the strongest month in the company's history, with over $1 million in new contracts signed [7] Company Strategy and Development Direction - The company focuses on expanding its AI-driven security solutions, emphasizing proactive systems that detect and prevent incidents in real-time [6][10] - A customer financing program was launched to help large property operators modernize their security infrastructure without upfront costs, facilitating multi-site rollouts [9] - The introduction of new compression technology reduces bandwidth consumption by up to 50%, supporting more cameras per device and improving video quality [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's growth trajectory and long-term value creation strategy, reinforced by a $5 million share repurchase program [11] - The company is well-positioned with over $6 million in cash at quarter end, allowing for continued investment in growth and innovation [11][12] - Management highlighted a strong operational execution and a focused vision, achieving record revenue and industry recognition [37][38] Other Important Information - The company processed over 8 million videos per day, indicating strong operational leverage and positioning for continued margin improvement [8] - The company received the PropTech Breakthrough Award for its Alpha Mobile Surveillance Trailer, showcasing innovation in AI-driven security solutions [10] Q&A Session Summary Question: Expectations for revenue recognition from contracts signed - Management explained that contracts signed include hardware, installation, and service components, with revenue recognized as installations are completed and SaaS components recognized over 12 months [18][19] Question: Growth rates and attach rates for remote guarding - Management noted that remote guarding has become a significant part of service revenue, with an increasing attach rate as customers recognize its value [22][23] Question: Expansion plans with existing customers - Management indicated that they are in the second or third inning of expansion with existing customers, seeing continued acquisition of new logos and expansion within current portfolios [25][27] Question: Installation capacity and servicing demand - Management confirmed that they utilize a network of third-party installers to meet demand and are expanding this network to ensure timely installations [29][31]

Core Insights - The company has entered a three-year agreement with a U.S.-based Remote Video Monitoring (RVM) company, with a total contract value of $2.5 million, to deploy its SARA™ AI platform across the RVM's monitored accounts [1][3][4] Agreement Details - The initial annual value of the deployment is approximately $855,000, with full implementation expected within six months [3] - Once fully implemented, the annual recurring revenue is projected to approach $1 million as the RVM expands its customer base [3] Technology and Market Position - SARA is designed to autonomously monitor live video streams, identify relevant events, and respond in real time, providing a scalable alternative to traditional monitoring methods [4] - The project aims to replace three legacy system providers and transition over 1,000 video monitoring accounts currently managed overseas [3][4] Company Background - AITX, through its subsidiary RAD-I, is positioned to redefine the $50 billion U.S. security and guarding services industry with its AI-driven Solutions-as-a-Service model [6] - RAD-I solutions can provide cost savings of 35%-80% compared to traditional manned security services [6] Leadership and Expertise - The company is led by Steve Reinharz, who has extensive experience in the security services industry and is involved in various industry associations [9] - The leadership team includes professionals with backgrounds in law enforcement and robotics innovation, enhancing the company's capability to deliver effective solutions [9] Sales Pipeline - RAD-I has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for future business growth [10]

FORM S-1 Amendment No. 1 REGISTRATION STATEMENT Under The Securities Act of 1933 TG-17, Inc. As filed with the Securities and Exchange Commission on November 12, 2025. Registration No. 333-290750 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (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 Bro ...

Core Insights - Avante Corp Inc. has appointed Ted Rajanayagam as Vice President of Technology to enhance its technology strategy and operations [1][2] - Mr. Rajanayagam will focus on innovation leadership, product modernization, and digital transformation to support Avante's expanding client base [2][5] - The company aims to strengthen its capabilities in delivering customer-centric security solutions through technology transformation [5] Company Overview - Avante Corp Inc. is a Toronto-based provider of security operatives and technology-enabled security solutions for residential and commercial clients [5] - The company's mission is to deliver high-level security globally, particularly to high-net-worth families and corporations, using advanced technology solutions [5] - Avante is pursuing organic growth and strategic acquisitions to build a diversified portfolio of security businesses and solutions [5] Leadership Background - Ted Rajanayagam brings over 15 years of experience in technology-enabled operations within security and SaaS organizations [3][4] - His previous role was Vice President of Customer Operations at Notified, where he led international support and service functions [3] - Rajanayagam has a proven track record in building high-performance teams and delivering technology roadmaps that enhance customer experiences [4]

Core Insights - Cloudastructure has secured a six-figure enterprise contract to provide AI-driven security solutions for a national investment firm managing over 20,000 apartment units [1][2] - The partnership aims to modernize and unify security operations across the client's portfolio, starting with two multifamily communities in the western United States [2][3] - This initiative reflects a broader industry trend towards centralized security management in the multifamily sector, moving away from traditional property-by-property approaches [3][4] Company Overview - Cloudastructure is recognized as a leader in AI surveillance and remote guarding, utilizing a scalable cloud-based architecture that integrates advanced video surveillance and AI/ML analytics [5][6] - The company's platform offers a proactive, end-to-end security solution with a significant cost advantage, achieving up to 75% lower Total Cost of Ownership compared to traditional systems [6] Industry Trends - There is a growing momentum for AI-driven security solutions in the multifamily sector, particularly among major investment and property management firms seeking measurable ROI and enhanced brand reputation [3][4] - The shift towards smart, connected infrastructure in security is transforming the industry, enabling real-time insights and proactive incident prevention [4][6]

Core Insights - AITX's subsidiary RAD-G has initiated live pilot programs for its AI platform SARA with four Remote Video Monitoring companies, marking a significant step in SARA's expansion within the industry [1][3][4] - The global Remote Video Monitoring market is estimated to have over five million active monitoring channels, positioning SARA to capture a substantial share of this market [5] Company Developments - The initial ten RVM clients have signed on to license SARA, with four now in operational pilot mode, indicating strong industry demand for agentic AI solutions [3][4] - AITX's RAD-I aims to redefine the $50 billion security and guarding services industry by offering AI-driven solutions that can reduce costs for businesses by 35%-80% compared to traditional manned security [6] Market Position - SARA's deployment is expected to enhance the operational efficiency of monitoring services, with the potential to transition approximately 100,000 monitoring channels to its platform as reliability and performance are validated [3][5] - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong future growth potential [9] Leadership and Expertise - AITX is led by experienced professionals in the security services industry, including CEO Steve Reinharz, who has a strong background in security technology and innovation [8][10] - The company's successful completion of a SOC 2 Type 2 audit reinforces its credibility and commitment to data protection, which is crucial for attracting enterprise and government clients [7]

Core Insights - AITX's subsidiary RAD has received a substantial order from a large construction client for six additional ROSA units, each equipped with a SARA license, aimed at enhancing security and operational oversight at a construction site [1][3][5] Company Developments - The new ROSA units will be deployed to monitor and secure perimeter areas, deterring loitering and trespassing while providing construction time-lapse footage [3][5] - CEO Steve Reinharz emphasized that expansion orders from existing clients reflect confidence in the company's performance and commitment to exceeding client expectations [4][6] - Each ROSA unit operates with the SARA platform, which autonomously analyzes video feeds and responds to potential risks without human intervention, offering a comprehensive security solution [5][6] Industry Context - AITX, through RAD, is positioned to redefine the $50 billion security services industry with its AI-driven Solutions-as-a-Service model, providing cost savings of 35%-80% compared to traditional manned security [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] - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for future business growth and recurring revenue streams [10]

Core Insights - The company achieved an operating margin exceeding 8% in Q3 2025, indicating strong strategic execution and performance across all business segments [3][4][6] - Organic sales growth was 4% for the first nine months of 2025, driven primarily by security services in North America, while growth in Europe was affected by active portfolio management [4][6] - The company is focused on improving profitability and cash generation, with a net debt to EBITDA ratio of 2.2, down from 2.7 [4][6][7] Financial Performance - Total sales for Q3 2025 were MSEK 38,521, down from MSEK 40,229 in the same period last year, with organic sales growth at 3% compared to 5% previously [4][6] - Operating income before amortization for Q3 2025 was MSEK 3,107, with an operating margin of 8.1%, up from 7.5% year-over-year [4][6] - Earnings per share for Q3 2025 were SEK 1.09, down from SEK 2.03, while earnings per share before items affecting comparability were SEK 3.34, up from SEK 3.05 [4][6] Strategic Initiatives - The company is in the process of closing down its government business within SCIS, which is expected to positively impact long-term profitability and cash generation [6][7] - A disciplined approach to managing underperforming security services contracts is being implemented, with expectations to complete this work across Europe by the first half of 2026 [6][7] - The ongoing business optimization program has been executed successfully, contributing to margin improvements and targeted annualized savings of MSEK 200 [6][7] Long-term Outlook - The company aims for an operating margin of 8% by the end of 2025, with a long-term ambition of over 10% [12] - The focus on technology and digital capabilities is yielding results, with 19 consecutive quarters of operating margin improvement [7][12] - The company is well-positioned to generate long-term value for shareholders, with a resilient business model that adapts to global uncertainties [5][7]

The markets are looking ahead to oral arguments at the Supreme Court today about whether President Trump's reciprocal tariffs are legal. Oral arguments may provide hints about how the Supreme Court might rule. The Supreme Court is expected to issue its ruling by late this year or early in 2026. Lower courts have already ruled that Mr. Trump's reciprocal tariffs are illegal, finding they are based on a specious claim of emergency authority under the 1977 International Emergency Economic Powers Act. If the US ...

Core Insights - AITX's RAD has experienced strong sales activity in the first two months of Q3 FY2026, securing numerous device orders and software license agreements, indicating a robust market presence and demand for AI-driven security solutions [1][3][5] Sales and Market Activity - RAD has contracted orders for 64 devices, including eight proof-of-concept deployments, and 46 software licenses for products like SARA, RADGuard™, and Firearm Detection [3] - The company has expanded its dealer network by adding six new authorized dealers and two independent channel partners, enhancing its market reach [3][5] Financial Performance and Growth - The company is positioned for a strong finish to the quarter, with expectations of recurring monthly revenue growth and operational cash flow positivity [5][6] - RAD's solutions offer cost savings of 35%-80% compared to traditional manned security services, appealing to a wide range of businesses [6] Leadership and Expertise - The company is led by experienced professionals in the security industry, including CEO Steve Reinharz, who emphasizes the importance of RAD's technology in the current market [5][8] - The leadership team includes individuals with backgrounds in law enforcement and security industry innovation, reinforcing the company's credibility and capability [8] Future Prospects - RAD has a prospective sales pipeline involving over 35 Fortune 500 companies, indicating significant potential for future business growth [9] - The company is actively pursuing new technologies and partnerships to further expand its market impact [6][9]