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AITX's RAD Signs Propertysec as Master Distributor to UK
Newsfile· 2025-10-22 12:40
AITX's RAD Signs Propertysec as Master Distributor to UKStrategic Appointment Expands RAD's Global Footprint, Bringing Advanced AI Security and Property Protection Solutions to UK MarketsOctober 22, 2025 8:40 AM EDT | Source: Artificial Intelligence Technology Solutions, Inc.Detroit, Michigan--(Newsfile Corp. - October 22, 2025) - Artificial Intelligence Technology Solutions, Inc. (OTCID: AITX) (the "Company"), along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), has ...
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]
AITX's RAD Sees Q3 Sales Momentum Build as Orders Flow from Multiple Industries
Newsfile· 2025-10-09 12:40
Core Insights - AITX's subsidiary RAD has experienced significant sales momentum in Q3 2025, with new orders across various industries including healthcare, retail, construction, banking, and property management, indicating a growing market adoption of AI-driven security solutions [1][8] Sales Activity - Since September 1, 2025, RAD has secured multiple new orders, including two ROSA™ units for a security services firm in Michigan, two ROSA units with SARA™ for a luxury student housing complex, and a RIO™ 180 unit for a residential property management company in California [3][4] - Additional orders include units for a global logistics provider and a major diagnostics company, showcasing RAD's penetration into diverse sectors [3][5] Order Summary - The Q3 FY2026 order summary includes various devices: 2 ROAMEO Gen 4, 9 ROSA, 3 RIO 360, 4 RIO 180, 11 RIO Mini, and 10 RADGuard Licenses, totaling 54 devices/licenses [6][7] Market Position - The company is positioned as a leader in the AI-driven security and monitoring solutions market, with a focus on scaling production and converting demand into recurring revenue growth [8][10] - AITX's solutions are designed to provide cost savings of 35%-80% compared to traditional manned security services, indicating a strong value proposition in the security industry [10][15] Leadership and Expertise - AITX is led by experienced professionals in the security services industry, including CEO Steve Reinharz and President Mark Folmer, who bring extensive expertise to the company [12][13] Future Prospects - RAD has a prospective sales pipeline of over 35 Fortune 500 companies, indicating strong potential for future growth and recurring revenue generation [14]
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 ROSA Expansion Order Follows RIO Success Across National Deployments
Newsfile· 2025-09-26 12:40
Core Insights - AITX's subsidiary RAD has received a new order for a stand-alone ROSA security device from a major client, expanding its deployment following successful tests with RIO units across the nation [1][3] - The RAD ecosystem encourages clients to adopt multiple solutions, enhancing security capabilities and operational efficiency [3][5] Company Overview - AITX, through RAD, is innovating within the $50 billion security services industry by offering AI-driven solutions that can reduce costs for businesses by 35%-80% compared to traditional manned security [6][10] - RAD's product lineup includes stationary devices like AVA, TOM, ROSA, RIO, and RADCam, as well as mobile solutions such as ROAMEO and RADDOG, catering to a wide range of security needs [5][10] Client Engagement - The successful performance of RAD's RIO units has led to further evaluations for additional ROSA and RIO deployments, indicating strong client satisfaction and potential for future orders [3][9] - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, suggesting significant growth opportunities as existing sales convert into recurring revenue streams [9] Leadership and Expertise - The leadership team at RAD, including CEO Steve Reinharz and President Mark Folmer, brings extensive experience in security services and technology, enhancing the company's credibility and operational effectiveness [8][10] - The company has successfully completed a SOC 2 Type 2 audit, validating its internal controls for customer data protection, which is crucial for attracting enterprise and government clients [7]
Leading National Retail Property Operator Strengthens AITX & RAD Engagement
Newsfile· 2025-09-24 12:40
Core Insights - The company has signed a multi-unit proof of concept with a leading national retail property operator to deploy multiple ROSA™ units powered by SARA™ to address security issues such as overnight trespassing [1][3] - This engagement is expected to pave the way for further deployments of additional security solutions across the operator's extensive portfolio [1][6] Company Overview - Artificial Intelligence Technology Solutions, Inc. (AITX) and its subsidiary Robotic Assistance Devices, Inc. (RAD) are focused on redefining the $50 billion security and guarding services industry through AI-driven solutions [7] - RAD's solutions can provide cost savings of 35%-80% compared to traditional manned security services, enhancing operational efficiency [7] Industry Challenges - Retail property operators are facing increasing security challenges, including trespassing and loitering, particularly in high-traffic areas where after-hours oversight is limited [5] - The pressure to adopt technology-led solutions is growing as traditional guard forces are costly and often insufficient [5] Future Prospects - Successful results from the current engagement could lead to significant expansion opportunities across numerous retail centers nationwide, creating recurring monthly revenue [6] - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for future business growth [10]
AITX's RAD Hits the Road to Highlight Agentic AI SARA and ROAMEO at Fall Security Conferences
Newsfile· 2025-09-18 12:40
Core Viewpoint - AITX and its subsidiary RAD are showcasing their agentic AI and mobile robotics solutions at major security conferences, emphasizing the transformative potential of these technologies in the security industry [1][3][5]. Company Developments - AITX is experiencing a surge in order activity and has reported record order intake, indicating strong demand for its AI-powered solutions [3][5]. - The company is expanding its portfolio with innovations like SARA, RADCam Enterprise, and ROAMEO, which are designed to modernize security and monitoring operations [3][5][8]. - RAD's participation in conferences is focused on thought leadership rather than traditional trade show booths, allowing for cost-effective engagement with industry leaders [6]. Industry Context - The security and guarding services industry is valued at nearly $50 billion, with AITX's solutions offering cost savings of 35%-80% compared to traditional manned security [8]. - The integration of agentic AI and robotics is seen as a critical advancement for improving operational efficiency and reducing costs in the security sector [6][7]. Leadership and Expertise - The leadership team at AITX and RAD includes experienced professionals from the security and robotics sectors, enhancing the company's credibility and innovation capabilities [10]. - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating significant growth potential [11][12]. Technological Advancements - AITX's solutions are designed to enhance safety and security through the integration of AI into robotic devices, providing organizations with reliable and efficient security options [7][8]. - The company aims to drive the adoption of mobile robotics, particularly through the ROAMEO platform, to deliver immediate value to clients [8].
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 Secures Landmark Logistics Win with Future Deployment Across Entire Solution Set
Newsfile· 2025-08-26 12:40
Core Insights - AITX's subsidiary RAD has secured a significant contract with a major logistics provider to deploy its comprehensive portfolio of security solutions, including ROAMEO and SARA, across multiple locations [1][5][6] Group 1: Deployment and Impact - The logistics client will implement RAD's TOM™ system at most sites, supplemented by ROAMEO™, RAD's mobile security patrol robot, and SARA™, an AI-powered monitoring platform [1][3] - This deployment is expected to generate substantial annual recurring revenue for RAD as it expands over the next 12 months [5][6] - The integration of RAD's solutions is anticipated to reduce security costs by up to 80% compared to traditional manned security services [4][6] Group 2: Industry Context and Solutions - The security and guarding services industry is valued at nearly $50 billion, and RAD's innovative solutions aim to redefine this market through a Solutions-as-a-Service model [6] - RAD's technology is designed to provide cost savings of 35%-80% compared to existing manned security models, enhancing operational efficiency [6][9] - The company has a sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for future growth and recurring revenue [8][9] Group 3: Technological Integration - RAD's ecosystem includes stationary ROSA™ units for fixed oversight, portable solar-powered RIO™ towers for perimeter coverage, and AVA™ for managing vehicle and personnel entry [3][4] - SARA™ ensures coordinated communication among devices, enhancing monitoring capabilities and operational continuity [4][5] - The successful completion of SOC 2 Type 2 audit reinforces RAD's credibility with enterprise and government clients, ensuring compliance with data protection standards [7]
AITX Files FY 2025 10-K, Breaks Gross Profit and Revenue Records
Globenewswire· 2025-05-30 12:40
Core Insights - The company reported a significant increase in annual revenue and gross profit, indicating strong growth and operational improvements [1][2][4] Financial Performance - Total annual revenue for the fiscal year ended February 28, 2025, was $6,130,886, representing 275% growth compared to FY 2024 [2] - Gross profit for the same period was $3,744,564, an increase of $3,178,747 or 562% from the previous year's gross profit of $565,817 [2] Operational Improvements - The company successfully renegotiated loan maturities totaling $24.7 million, improving its current ratio from 0.17 to 0.66 and reducing current liabilities from $21.7 million to $7.6 million [3] - The recurring monthly revenue (RMR) run rate is expected to exceed $1 million, with potential growth to $2 million by the end of the fiscal year [4] Strategic Developments - The rollout of the fourth generation (Gen 4) platform across all core product lines was completed, enhancing performance and reducing deployment complexity [5] - The company aims to uplist to NASDAQ between 2027 and 2029, indicating long-term growth aspirations [4] Market Positioning - The company, through its subsidiary Robotic Assistance Devices, Inc. (RAD), is redefining the $50 billion security services industry with AI-driven solutions that offer cost savings of 35%-80% compared to traditional manned security [9][10] - RAD has a prospective sales pipeline of over 35 Fortune 500 companies, indicating strong market demand and potential for recurring revenue [12] Product Development - The company has developed a complete suite of market-ready solutions for enterprise, commercial, and residential security needs, contributing to gross profit improvement [6] - The proprietary agentic AI, SARA™, is central to the company's recurring revenue growth plans [5] Compliance and Credibility - The company's operations and internal controls have been validated through a successful SOC 2 Type 2 audit, enhancing credibility with enterprise and government clients [11]