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AITX Expands Firearm Detection Beyond Its Devices and Presents a Major Shift in Pricing Compared to Many Legacy Providers
Newsfile· 2025-12-04 13:40
Core Viewpoint - AITX is expanding its AI-driven firearm detection technology to operate on third-party security cameras, significantly increasing its market reach and introducing aggressive pricing to enhance adoption [1][4][6]. Group 1: Product Expansion - The AI firearm detection analytic is now compatible with third-party security cameras, expanding from hundreds of RAD devices to potentially hundreds of millions of cameras globally [1][6]. - This compatibility allows for rapid deployment across large campuses and municipal networks without the need to replace existing infrastructure [6]. Group 2: Pricing Strategy - AITX is introducing a new pricing structure aimed at making firearm detection solutions more accessible, with prices ranging from $9.00 to $22.50 per channel depending on the sales channel [5]. - The company believes that this aggressive pricing will lower financial barriers and accelerate adoption across large camera networks [5][6]. Group 3: Market Potential - The security and guarding services industry is valued at nearly $50 billion, and AITX aims to redefine this market with its innovative solutions [8]. - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for recurring revenue streams [11]. Group 4: Operational Credibility - AITX 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 [9]. - The operational footprint includes over one hundred active devices analyzing millions of images in real-time, demonstrating consistent threat recognition performance [6].