ROAMEO Gen 4
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AITX’s RAD Launches Logistics Market Solution With ROAMEO
Globenewswire· 2025-08-25 12:40
Core Insights - The company is expanding its focus on the logistics sector due to strong client feedback on its security solutions, particularly the ROAMEO Gen 4 and SARA products, indicating significant growth opportunities [1][2][3] - The logistics industry is characterized by high demand for efficiency and security, with RAD's autonomous solutions addressing persistent challenges such as theft prevention and access control [2][4] - RAD has already deployed solutions at approximately 75 sites, significantly reducing guarding expenses, and has substantial expansion potential with its top clients in the logistics sector [3][5] Company Developments - AITX has released a refreshed Logistics Solution brochure to support its initiative in the logistics sector, highlighting the completion of its logistics solution offerings [2][4] - The company claims that its solutions can deliver cost savings of 35%-80% compared to traditional manned security services, positioning itself as a disruptive force in the nearly $50 billion security services industry [5][8] - RAD's technology suite includes various devices that provide layered security while maintaining operational efficiency, all integrated through the SARA platform [4][5] Market Position - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for recurring revenue as it converts sales opportunities into deployed clients [7] - RAD's solutions are designed to enhance operational efficiency across multiple industries, including government, transportation, and healthcare, thereby broadening its market reach [8]
AITX's RAD Launches 50-Unit ROAMEO Gen 4 Production to Meet Surging Demand
Newsfile· 2025-07-31 12:40
Core Viewpoint - The company, Artificial Intelligence Technology Solutions, Inc. (AITX), is experiencing increased demand for its ROAMEO Gen 4 autonomous mobile security patrol vehicle, leading to a significant expansion in production and deployment plans [1][4][6]. Group 1: Production and Deployment - The subsidiary Robotic Assistance Devices, Inc. (RAD) is increasing its first production run from 10 units to 50 units of ROAMEO Gen 4 in anticipation of heightened demand [1]. - The company is now preparing for up to 100 deployments over the next 12 months, a significant increase from the initial forecast of 20 deployments for the fiscal year ending February 28, 2026 [1][4]. - The production run of 50 units is expected to generate an annual recurring revenue (ARR) of $3 million to $4 million [3]. Group 2: Market Demand and Strategy - The momentum for ROAMEO is attributed to a nationwide demonstration campaign that has engaged enterprise clients and public safety leaders, resulting in accelerated sales discussions and new deployment commitments [4][6]. - RAD is positioned to expand its share in the rapidly evolving physical security market, with a prospective sales pipeline that includes over 35 Fortune 500 companies [7][11]. Group 3: Product Features and Benefits - ROAMEO Gen 4 is designed for autonomous patrols in outdoor environments, featuring AI-powered threat detection, real-time engagement, and obstacle avoidance capabilities [6]. - The device is engineered to replace high-cost human security duties, providing uninterrupted coverage and faster response times, which can lead to significant cost savings for businesses [6][9]. Group 4: Company Overview - AITX is redefining the nearly $50 billion security and guarding services industry with its innovative, AI-driven Solutions-as-a-Service business model, offering cost savings of 35% to 80% compared to traditional manned security [9]. - The company has successfully completed its SOC 2 Type 2 audit, enhancing its credibility with enterprise and government clients [10].