Workflow
RIO™
icon
Search documents
AITX's RAD Inks Continued Expansion Orders from Global Logistics Leader
TMX Newsfile· 2026-03-25 12:40
Core Insights - The company, Artificial Intelligence Technology Solutions, Inc. (AITX), has announced the continued expansion of its autonomous security solutions by a global logistics client, reflecting a standardization on RAD's AI-driven security platform [1][3][4] Company Developments - The client has placed eight additional orders for RAD's systems, including TOM units, RIO™ configurations, and AVA™ access control devices, totaling 18 additional devices for deployment [3][4] - The deployment of the ROAMEO™ autonomous mobile security unit is scheduled for next week at one of the client's locations [1][3] - The client is a global leader in logistics and supply chain services, modernizing security operations and reducing reliance on traditional guarding models through RAD's solutions [4] Strategic Approach - The expansion strategy follows a "land and expand" model, where initial deployments are followed by incremental growth based on validated performance and evolving operational needs [4] - The integration of RAD's autonomous devices and SARA™ (Speaking Autonomous Responsive Agent) aims to establish a consistent and scalable approach to security and operational oversight across multiple locations [4] Market Position - 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% to 80% compared to traditional security methods [7] - The company maintains a robust sales pipeline, including over 35 Fortune 500 companies, with expectations for continued growth as these opportunities convert into deployed clients generating recurring revenue streams [11]
AITX's RAD Expands Alaska Presence as ROSA Order Reflects Performance in Extreme Weather Conditions
TMX Newsfile· 2026-03-24 12:40
Core Insights - Artificial Intelligence Technology Solutions, Inc. (AITX) and its subsidiary Robotic Assistance Devices, Inc. (RAD) are expanding their market presence by deploying the ROSA™ device in extreme weather conditions, specifically in Anchorage, Alaska, to enhance security operations [1][3][4] Group 1: Company Developments - AITX has secured a new channel partner, Tundra Secure Services, which has placed an order for a ROSA™ device, expected to be deployed in the coming weeks [1] - RAD has successfully expanded its operations in regions with harsh weather, demonstrating the effectiveness of its RIO™ units in challenging environments [3][4] - The ROSA device is designed for quick installation and activation, taking approximately 15 minutes, and includes advanced AI-driven security analytics [4][5] Group 2: Market Position and Strategy - The security and guarding services industry is valued at nearly $50 billion, and AITX aims to redefine this market with its innovative, AI-driven Solutions-as-a-Service model [7] - RAD's solutions can provide cost savings of 35%-80% compared to traditional manned security services, positioning the company favorably in the market [7] - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for future growth and recurring revenue [10] Group 3: Technology and Performance - RAD's technology is engineered to operate reliably in extreme weather conditions, which is critical for security operations that cannot afford downtime [4] - The ROSA device features capabilities such as human and vehicle detection, license plate recognition, and two-way communication, enhancing its effectiveness in various environments [4][5] - RAD has published case studies demonstrating the successful application of ROSA in reducing theft and loitering across multiple sectors [5]
AITX's RAD and Immix Announce Integration of RAD Devices into Immix Platform
TMX Newsfile· 2026-03-23 12:40
Core Insights - The integration of RAD's hardware devices with the Immix platform aims to enhance remote monitoring and security capabilities, providing early access to combined functionalities [1][4][6] Group 1: Integration and Functionality - The initial release supports select RAD devices, including ROSA™ and RIO™, with plans to include additional devices like AVA™ and TOM™ in future phases [3][4] - Immix users can access key RAD functionalities such as live video, alarm events, and device controls directly within the Immix platform, creating a more connected operational experience [4][5] - The integration establishes a foundation for unified workflows between monitoring, response, and device-level automation [5][6] Group 2: Market Demand and Collaboration - There is a growing demand for RAD solutions among central stations and monitoring providers looking to incorporate automation and AI-driven responses into their operations [6][9] - Immix clients deploying RAD devices will receive a monthly per-device discount, encouraging broader adoption of the integrated solutions [7][9] - The collaboration between Immix and RAD reflects a commitment to evolving integration over time to meet customer needs [6][8] Group 3: Company Overview and Market Position - AITX, through RAD, is redefining the $50 billion security and guarding services industry with AI-driven solutions that can reduce costs by 35%-80% compared to traditional manned security [11] - RAD's technology is designed to complement or replace human personnel in environments better suited for machines, enhancing operational efficiency [11][15] - The company has a prospective sales pipeline of over 35 Fortune 500 companies, indicating strong potential for recurring revenue generation [14]
AITX's RAD Books Hundreds of SARA Licenses as Customers Expand After Initial Deployment
TMX Newsfile· 2026-03-19 12:40
Core Insights - The company has booked 246 licenses for its SARA™ AI platform, with approximately half currently deployed, generating recurring monthly revenue [1][4] - The majority of new licenses are driven by existing customers expanding their use of SARA after initial deployments, indicating strong customer acceptance and trust in the technology [4][5] - The company plans to showcase SARA at ISC West 2026, following its success at previous industry awards, which is expected to further increase interest in its solutions [5][6] Company Overview - Artificial Intelligence Technology Solutions, Inc. (AITX) is a leader in AI-driven security solutions, aiming to redefine the $50 billion security services industry through innovative, cost-effective solutions [7] - The company's subsidiary, Robotic Assistance Devices, Inc. (RAD), offers a range of AI-driven solutions that can reduce security costs by 35%-80% compared to traditional manned security [7] - AITX's technology is designed to enhance operational efficiency and situational awareness across various sectors, including government, healthcare, and transportation [11] Product and Technology - SARA™ serves as the primary agentic AI system for the company, capable of processing video, audio, and sensor data to support security operations [14] - 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] - SARA Alive, a component of SARA designed for video monitoring platforms, has been submitted for consideration in the 2026 SIA New Product Showcase Awards [5] Market Position and Strategy - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for future growth and recurring revenue [10] - The focus is on expanding existing customer relationships while introducing SARA to new organizations looking to modernize their security operations [5][6] - The leadership team, including CEO Steve Reinharz, brings extensive experience in the security services industry, reinforcing the company's capability to deliver innovative solutions [9]
AITX's RAD Marks 26 Consecutive Weeks of Order Intake
TMX Newsfile· 2026-02-25 13:40
Core Insights - The company, Artificial Intelligence Technology Solutions, Inc. (AITX), has confirmed 26 consecutive weeks of order intake for its autonomous security solutions, indicating strong customer demand and expansion of its recurring monthly revenue (RMR) base [1][3]. Group 1: Order Intake and Revenue Growth - AITX's subsidiary, Robotic Assistance Devices, Inc. (RAD), has seen consistent bookings across its product portfolio, including RIO™, ROSA™, SARA™, ROAMEO™, and AVA™, reflecting a mature sales engine and growing market acceptance [1][3]. - The company aims to achieve positive operational cash flow by May 2026 while managing costs effectively [3]. - The diversity of applications across commercial, industrial, and campus settings demonstrates broader market acceptance of autonomous security solutions [3]. Group 2: Product Offerings and Market Position - RAD's solutions are designed to provide cost savings of 35%-80% compared to traditional manned security services, positioning the company as a leader in the nearly $50 billion security services industry [6]. - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating significant growth potential as it converts sales opportunities into recurring revenue streams [9]. Group 3: Technology and Innovation - AITX's technology, including the SARA™ platform, enhances operational efficiency and situational awareness while reducing costs for clients across various industries such as government, transportation, and healthcare [10][13]. - The company has successfully completed a SOC 2 Type 2 audit, validating its internal controls for handling customer data and enhancing its credibility with enterprise and government clients [7]. Group 4: Leadership and Expertise - AITX is led by experienced professionals, including CEO Steve Reinharz, who has extensive experience in the security services industry and is actively involved in industry associations [8]. - The leadership team includes individuals with backgrounds in law enforcement and security industry innovation, reinforcing the company's capability to deliver effective solutions [8].
AITX's RAD Announces Thousands of Autonomous Security Calls in Live Environments Through Agentic AI SARA
TMX Newsfile· 2026-02-03 13:40
Core Insights - The company, Artificial Intelligence Technology Solutions, Inc. (AITX), through its subsidiary Robotic Assistance Devices, Inc. (RAD), has successfully deployed security devices utilizing its SARA™ AI platform, which autonomously made over 2,000 outbound security-related calls in the past 30 days [1][2][3] Company Overview - AITX is a leader in AI-driven security and productivity solutions, aiming to redefine the $50 billion security and guarding services industry with innovative solutions [8] - The company’s RAD devices are designed to provide significant cost savings of 35%-80% compared to traditional manned security services [8] Technology and Performance - SARA's autonomous capabilities include real-time scene observation, context-aware analysis, and predefined response logic, allowing for immediate communication with end users and first responders [3][5] - The technology leverages advanced edge processing and cloud coordination, utilizing partnerships with industry leaders like NVIDIA and Amazon Web Services (AWS) to enhance performance [5][6] Market Position and Strategy - RAD's pricing model for its devices ranges from $99 to $149 per month, making it a competitive option for organizations seeking efficient security solutions without the complexities of human-dependent workflows [4] - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for recurring revenue [11] Leadership and Expertise - The leadership team at RAD includes experienced professionals from the security services industry, enhancing the company's credibility and capability to deliver innovative solutions [10]
AITX's RAD RIO and ROSA Spotlighted on Cleveland TV Amid Downtown Safety Expansion
Globenewswire· 2025-12-29 13:40
Core Viewpoint - The expansion of the downtown Cleveland security initiative, featuring AI-driven security platforms from Robotic Assistance Devices, Inc. (RAD), has led to measurable improvements in safety and crime reduction, gaining public visibility through media coverage [1][2][3]. Group 1: Company Overview - Artificial Intelligence Technology Solutions, Inc. (AITX) is a leader in AI-driven security solutions, aiming to redefine the $50 billion security services industry with its innovative Solutions-as-a-Service model [4]. - RAD's solutions provide cost savings of 35%-80% compared to traditional manned security services, utilizing a range of robotic solutions to enhance security operations [4]. - The company has successfully completed a SOC 2 Type 2 audit, validating its internal controls for customer data protection, which enhances its credibility with enterprise and government clients [5]. Group 2: Market Impact and Expansion - The downtown Cleveland security initiative has expanded to over thirty RAD AI-driven security devices, integrated with the city's Real Time Crime Center, resulting in a year-over-year reduction in serious crime and increased pedestrian activity [2]. - City officials attribute the program's expansion to its real-world impact and improved public perception of safety, indicating a successful pilot phase [2]. - RAD is actively engaging with additional cities and districts to discuss program design and demonstrate its security platforms, showcasing the potential for cost-effective security solutions [3]. Group 3: Leadership and Expertise - RAD is led by experienced professionals, including CEO/CTO Steve Reinharz, who has extensive experience in the security services industry and is involved in industry associations [6]. - The leadership team includes experts from law enforcement and security innovation, reinforcing RAD's capability to deliver effective security solutions [6]. Group 4: Sales Pipeline and Client Opportunities - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for future business growth [7]. - The company anticipates converting existing sales opportunities into deployed clients, generating a recurring revenue stream from these engagements [8].
AITX's RAD Closes October with Strong Sales and Expanding Market Presence
Newsfile· 2025-11-05 13:40
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]
AITX's RAD Signs Propertysec as Master Distributor to UK
Newsfile· 2025-10-22 12:40
Core Viewpoint - AITX's subsidiary RAD has appointed Property Security Services PSS Ltd. (Propertysec) as the Master Distributor for the UK, marking a significant step in RAD's international expansion strategy and enhancing its global footprint in AI-powered security solutions [2][4][5]. Company Overview - AITX, through RAD, is innovating within the nearly $50 billion US security and guarding services industry by offering AI-driven Solutions-as-a-Service, which can provide cost savings of 35%-80% compared to traditional manned security models [9]. - RAD's technology suite includes various AI-powered solutions such as ROSA™, RIO™, ROAMEO™, RADCam™ Enterprise, and SARA™, aimed at modernizing security practices and enhancing safety [2][4]. Strategic Partnerships - The partnership with Propertysec is expected to leverage their expertise in securing vacant and high-risk properties, aligning with RAD's mission to redefine physical security through intelligent automation [2][6]. - This appointment follows RAD's earlier announcement of Technon Cyber as the Master Distributor for Latin America, indicating a broader strategy for global growth [4]. Market Positioning - Propertysec, founded by industry veteran Justin Quigley, is recognized for its innovative approaches to property protection and crime prevention, making it a suitable partner for RAD in the UK market [6][8]. - The collaboration aims to introduce advanced technologies that not only monitor but also actively respond to security threats, addressing the evolving needs of the UK market [8]. Leadership and Expertise - AITX and RAD are led by experienced professionals, including CEO/CTO Steve Reinharz, who has extensive experience in the security services industry, and a team with backgrounds in law enforcement and robotics innovation [12][14]. - The combined expertise of RAD and Propertysec is expected to deliver significant results for clients while enhancing RAD's presence in a mature security market [8][12].
AITX Quarterly Report Filed, Revenue & Gross Profit Up Approximately 50%, Debt Down over $7 Million Versus Prior Year First Six Months
Newsfile· 2025-10-15 12:40
Core Insights - The company reported a net profit of approximately $765,000 for Q2 FY 2026, marking a significant achievement in profitability driven by a favorable debt settlement and operational improvements [4][7][9] Financial Performance - Revenue for the six months ended August 31, 2025, reached $3,743,586, reflecting a 48% increase from $2,526,983 in the prior year [3] - Gross profit increased by 53% to $2,578,366 from $1,686,425 in the comparable period, attributed to higher-value deployments and improved cost efficiencies [4] - Total debt and accrued interest were reduced by approximately $7.3 million during the six months, with estimated annual interest savings of around $640,000 [5] - Operating cash flow improved by $1,033,352, decreasing from $6,433,906 in the prior year to $5,400,554, indicating tighter cost controls and stronger collections [5] Operational Efficiency - Inventory turnover increased to 0.88 times compared to 0.4 times in the prior year, indicating faster product movement and more efficient utilization of working capital [6] - The company has seen steady execution of its growth strategy, with higher-value deployments expanding across sectors such as logistics, healthcare, and critical infrastructure [8] Strategic Outlook - The company expects to maintain positive momentum through the second half of fiscal year 2026, focusing on achieving operational positive cash flow during or shortly after the fiscal third quarter [9] - With a growing base of deployed units and a strong order pipeline, the company is positioned for strengthened financial stability and continued growth potential entering calendar year 2026 [9] Industry Context - The company operates within the nearly $50 billion security and guarding services industry, offering AI-driven solutions that provide cost savings of 35%-80% compared to traditional manned security [11] - The company’s innovative solutions are designed to streamline operations and enhance ROI across various sectors, including government, transportation, and healthcare [16]