ROAMEO™

Search documents
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
AITX's RAD Secures Landmark Logistics Win with Future Deployment Across Entire Solution SetMajor Logistics Client to Deploy ROAMEO, SARA, plus Additional Solutions as Part of Complete RAD EcosystemAugust 26, 2025 8:40 AM EDT | Source: Artificial Intelligence Technology Solutions, Inc.Detroit, Michigan--(Newsfile Corp. - August 26, 2025) - Artificial Intelligence Technology Solutions, Inc. (OTCID: AITX) (the "Company"), along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (R ...
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]