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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]
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'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 Breaks 100 Channel Partner Mark, Driving Growth Across Verticals
Newsfile· 2025-08-28 12:40
Core Insights - AITX's subsidiary, Robotic Assistance Devices, Inc. (RAD), has surpassed 100 signed channel partners, indicating strong market confidence and growth potential in the security and safety sectors [1][3][4] Company Growth and Strategy - The increase in channel partners to 103 reflects both new dealers and independent representatives, showcasing RAD's expanding reach and deepening relationships with existing partners [3][6] - The company has reported significant sales and revenue growth, with a focus on recurring monthly revenue and strong dealer engagement [3][5] Product Demand and Recognition - RAD's solutions, particularly the SARA™ AI platform and ROAMEO™ autonomous mobile security robot, are gaining traction, supported by recent awards and increased partner interest [5][6] - The ROAMEO Road Trip initiative has enhanced visibility and engagement among dealers and clients, further driving enthusiasm for RAD's offerings [5][6] Market Position and Cost Savings - AITX is positioned to redefine the nearly $50 billion security and guarding services industry with its AI-driven Solutions-as-a-Service model, offering cost savings of 35%-80% compared to traditional manned security [7][10] - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for recurring revenue generation [9] Operational Credibility - The successful completion of a SOC 2 Type 2 audit reinforces the company's credibility with enterprise and government clients, ensuring compliance with strict data protection and security standards [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]