Core Insights - AITX's subsidiary RAD has appointed Technon Cyber as the Master Distributor for the Latin American market, marking a significant step in RAD's international expansion strategy [1][4][5] - Technon Cyber, led by CEO Joe Gehr, brings extensive experience in the security industry and is expected to enhance RAD's presence in Latin America [3][6] - The RAD ecosystem includes AI-powered security solutions such as RADCam™ Enterprise and SARA™, which are designed to improve security outcomes and reduce costs for clients [1][7] Company Overview - AITX, through RAD, is redefining the $50 billion security and guarding services industry with innovative, AI-driven Solutions-as-a-Service [7] - RAD's solutions can provide cost savings of 35%-80% compared to traditional manned security services, utilizing both stationary and mobile robotic technologies [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] Leadership and Expertise - CEO Steve Reinharz and President Mark Folmer lead RAD, supported by a team with extensive backgrounds in security, law enforcement, and robotics innovation [9] - Joe Gehr's leadership is expected to accelerate RAD's growth in Latin America, leveraging his experience in building distributor networks and client relationships [3][6] Market Potential - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for recurring revenue as existing opportunities are converted into deployed clients [10] - The market in Latin America is seen as ready for innovative, AI-powered solutions that can enhance security and reduce costs, aligning with RAD's offerings [6]