RIO™ Mini
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AITX's RAD Reports One of Its Strongest Multi-Client Single-Day Order Intake Totals
Newsfile· 2025-10-17 12:40
Core Insights - The company, Artificial Intelligence Technology Solutions, Inc. (AITX), through its subsidiary Robotic Assistance Devices, Inc. (RAD), has achieved one of the strongest single-day order intakes in its history, indicating robust demand for its AI-driven security solutions [1][4]. Company Performance - On October 16, 2025, RAD received orders for 23 hardware units and 17 software licenses from diverse clients in construction, banking, healthcare, and logistics sectors, showcasing the broad applicability of its products [3][4]. - The recent surge in orders follows a series of strong sales months, with record-setting quarters and rapid adoption of RIO Mini units in the construction industry [4][5]. Market Position - AITX is positioned to redefine the nearly $50 billion security and guarding services industry with its innovative Solutions-as-a-Service business model, offering cost savings of 35%-80% compared to traditional manned security [5][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 [8][9]. Leadership and Expertise - The leadership team, including CEO Steve Reinharz, brings extensive experience in the security services industry, enhancing the company's credibility and operational effectiveness [7][9]. - The successful completion of a SOC 2 Type 2 audit validates the company's internal controls for handling customer data, reinforcing its appeal to enterprise and government clients [6][9].
AITX's RAD Wins Major RIO Mini and SARA Deployment for Government Construction Project
Newsfile· 2025-10-02 12:40
Core Insights - AITX's subsidiary RAD has received an order for ten RIO Mini units with SARA AI platform for a government construction project, indicating a growing demand in the construction sector [1][4][6] - The initial deployment may expand to over 100 units, highlighting the potential for significant recurring revenue [3][4][6] - RIO Mini provides a flexible, solar-powered security solution that enhances security while reducing costs compared to traditional guard services [5][6] Company Overview - AITX, through RAD, is innovating in the $50 billion security services industry with AI-driven solutions that can save businesses 35%-80% compared to traditional security models [7] - The company has successfully completed a SOC 2 Type 2 audit, reinforcing its credibility with enterprise and government clients [8] - RAD's leadership team includes experienced professionals from the security and law enforcement sectors, enhancing its capability to deliver effective solutions [9] Market Potential - RAD has a prospective sales pipeline involving over 35 Fortune 500 companies, indicating strong future business opportunities [10] - The deployment of RIO Mini and SARA is expected to set the stage for broader adoption in the construction sector, as companies seek to reduce theft and control security costs [6][10]