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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]