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AITX's RAD Extends Its Construction Sector Momentum
TMX Newsfile· 2026-01-27 13:40
Core Viewpoint - The company, Artificial Intelligence Technology Solutions, Inc. (AITX), through its subsidiary Robotic Assistance Devices, Inc. (RAD), is experiencing increased demand for its AI-driven security solutions, particularly in the construction sector, as evidenced by a new order for five ROSA™ units equipped with the SARA™ AI platform [1][4]. Group 1: Company Developments - AITX announced a new order for five ROSA™ units for an active construction site, highlighting the ongoing demand for autonomous monitoring solutions in dynamic job environments [1]. - This order follows a series of recent deployments, including a ten-unit RIO Mini deployment and a sixteen-unit deployment completed in a single day, indicating a trend of repeat adoption and expansion in the construction sector [3]. - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, suggesting strong potential for future growth and recurring revenue streams [11]. Group 2: Industry Context - The construction industry faces significant challenges in securing job sites due to open perimeters and high-value assets, leading to annual losses from crime estimated in the hundreds of millions of dollars [4]. - As construction operators reassess their security measures, there is a growing reliance on autonomous solutions that provide consistent oversight and rapid response, moving away from traditional guard services [4]. - AITX's RAD solutions are designed to deliver cost savings of 35%-80% compared to traditional manned security, positioning the company favorably within the nearly $50 billion security services industry [8]. Group 3: Product Features - ROSA is a compact, portable security solution that can be installed in about 15 minutes, featuring AI-driven analytics for human, firearm, and vehicle detection, as well as license plate recognition [5]. - The system includes two-way communication capabilities optimized for cellular networks, allowing for live video monitoring and rapid response [5]. - RAD has documented case studies demonstrating the effectiveness of ROSA in reducing theft, trespassing, and loitering across various environments, including construction sites [6]. Group 4: Leadership and Expertise - The leadership team at RAD includes experienced professionals from the security services industry, enhancing the company's ability to deliver innovative solutions [10]. - The company has successfully completed a SOC 2 Type 2 audit, validating its internal controls for handling customer data and reinforcing its credibility with enterprise and government clients [9]. Group 5: Technological Innovation - AITX is focused on delivering AI-based solutions that enhance operational efficiency and situational awareness while reducing costs for clients across multiple industries, including government and healthcare [12][15]. - The SARA™ platform serves as the primary AI system for the company, designed to process various data types and support operational objectives [16].
AITX's RAD to Exhibit and Present at ISC West 2026
Globenewswire· 2026-01-21 13:40
Autonomous Security Platforms and Award-Winning SARA Take the Spotlight in Las Vegas Detroit, Michigan, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc. (the “Company”) (OTCID:AITX), a global leader in AI-driven security and productivity solutions, along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today confirmed plans to exhibit and present at ISC West, taking place March 23 to 27, 2026 at The Venetian Expo in Las Vegas. RAD will showcase it ...
Artificial Intelligence Technology Solutions, Inc. ($AITX) to File Q3 FY 2026 10-Q Today
Globenewswire· 2026-01-14 13:40
Quarterly Filing a Day Earlier Than Previously Stated to be Followed by CEO Interview and Investor Q&A at 4:05 PM ET Detroit, Michigan, Jan. 14, 2026 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCID:AITX), a global leader in AI-driven security and productivity solutions, today announced that it will file its Quarterly Report on Form 10-Q for the third quarter of fiscal year 2026 today, January 14, 2026. Shortly afterwards, the Company will premiere a previously ...
AITX Subsidiary RAD-G Moves SARA From Proof of Concept to Paying Agentic AI Clients
Globenewswire· 2025-12-22 13:40
Core Insights - The company has transitioned its SARA™ AI platform from pilot programs to live invoicing for monitoring clients, indicating a significant shift towards revenue generation in the remote video monitoring sector [1][2]. Group 1: Product Development and Adoption - SARA has progressed from industry recognition to operational adoption, with multiple monitoring companies engaging in proof of concepts and live operational pilots [2]. - The platform has received accolades, including top honors at the Security Industry Association New Products and Solutions Awards, validating its effectiveness in the industry [2]. - The company offers SARA in various forms, allowing clients to adopt autonomous intelligence at their own pace, with options like SARA Verified, SARA Lite, and SARA Agent [3]. Group 2: Financial Implications - The revenue stream from SARA is expected to be a significant contributor to the company's financial performance in the upcoming fiscal year [3]. - The company claims that its solutions can provide cost savings of 35%-80% compared to traditional manned security services, potentially attracting a wide range of clients [5]. Group 3: Market Position and Strategy - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong market interest and potential for recurring revenue [9]. - The modular approach of SARA allows organizations to expand their capabilities without replacing existing systems, facilitating long-term migration towards fully autonomous operations [3]. Group 4: Company Background and Leadership - The company is led by experienced professionals in the security industry, including CEO Steve Reinharz, who has a strong background in security services and technology [7][8]. - The company has successfully completed a SOC 2 Type 2 audit, enhancing its credibility with enterprise and government clients who prioritize data protection [6].
AITX's RAD-I and RAD-G Release 'Inside SARA' White Paper, Defining the Future of Agentic AI in Security
Newsfile· 2025-12-03 13:40
Core Insights - The release of the "Inside SARA" White Paper marks a significant technical disclosure regarding the architecture and development of SARA™, an award-winning agentic AI platform for physical security and remote video monitoring [1][3][4] - The white paper highlights a two-year engineering effort and positions the company as a leader in integrating agentic AI into live security operations [3][4] Company Overview - Artificial Intelligence Technology Solutions, Inc. (AITX) is a leader in AI-driven security solutions, aiming to redefine the $50 billion security and guarding services industry [7] - The company’s subsidiary, Robotic Assistance Devices, Inc. (RAD-I), offers innovative Solutions-as-a-Service that can save businesses between 35%-80% compared to traditional manned security [7] Product Development - SARA's architecture is designed for real-world operations and includes features such as context-rich autonomous response and multi-agent decisioning, which surpass generic AI tools [4] - The development of SARA involved collaboration with the AWS Generative AI Innovation Center, enhancing its optimization for real deployments [4][5] Market Position - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for recurring revenue through client conversions [10] - AITX's solutions are applicable across various industries, including government, transportation, and healthcare, enhancing operational efficiency and situational awareness [11][12] Leadership and Expertise - The company is led by Steve Reinharz, who has extensive experience in the security services industry and is actively involved in industry associations [9] - The leadership team includes professionals with backgrounds in law enforcement and robotics, reinforcing the company's capability to deliver innovative security solutions [9]
AITX's RAD Reveals Another Wave of Orders
Newsfile· 2025-11-24 13:40
Core Insights - The company, Artificial Intelligence Technology Solutions, Inc. (AITX), reported a series of new orders for its AI-driven security and productivity solutions, indicating strong momentum in its device and software portfolio [1][3] - The recent orders include various systems and licenses, suggesting that the current quarter may be the strongest for order intake in the fiscal year [3][4] Company Overview - AITX, through its subsidiary Robotic Assistance Devices, Inc. (RAD), is innovating within the $50 billion security and guarding services industry by offering AI-driven Solutions-as-a-Service that can save businesses between 35%-80% compared to traditional manned security [5] - The company’s solutions are designed to complement or replace human personnel in environments better suited for machines, enhancing operational efficiency [5][9] Recent Developments - The company has booked new orders for 24 RADCam Enterprise systems, 3 RIO Mini systems, 3 TOM units, 2 AVA units, 6 SARA licenses, and 1 ROSA unit, contributing to a strong order intake [3][4] - CEO Steve Reinharz noted an acceleration in B-to-B activity and emphasized the focus on increasing recurring monthly revenue to finish the fiscal year strong [4] Leadership and Expertise - The leadership team at RAD includes experienced professionals from the security services industry, enhancing the company's ability to deliver innovative solutions [7] - The team’s background includes expertise in law enforcement and robotics, which supports the development of practical and disruptive security solutions [7] Sales Pipeline - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating significant potential for future business growth [8] - The company aims to convert existing sales opportunities into deployed clients, which would generate a recurring revenue stream [8]
AITX Revenue Increases Allow Updating of Positive Operational Cash Flow Target Date
Newsfile· 2025-11-18 13:40
Core Viewpoint - The company anticipates achieving positive operational cash flow by April or May 2026, marking a significant milestone in its growth trajectory [1][4][6] Company Performance and Financial Outlook - The updated forecast for positive cash flow is supported by ongoing recurring revenue growth and disciplined expense control [1][3] - The company has experienced consistent growth in monthly recurring revenue and has a maturing product portfolio that is gaining adoption across key sectors [3][5] - AITX aims to reduce substantially all debt within the next 12 to 18 months, which will support its goal of a future Nasdaq uplist [7][8] Industry Context - Long-term survival in the technology sector is uncommon, with many startups failing to progress beyond their initial years; AITX's achievement of nearing positive cash flow after a decade positions it among a select group of successful technology firms [6][8] - The company operates in the nearly $50 billion security and guarding services industry, offering AI-driven solutions that can provide cost savings of 35%-80% compared to traditional manned security [8][12] Client Base and Market Potential - AITX has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for recurring revenue generation [11] - The company emphasizes its expanding base of long-term clients and consistent growth in software adoption as indicators of its strengthening trajectory [5][6] Leadership and Expertise - The company is led by experienced professionals in the security services industry, which enhances its ability to deliver innovative solutions [10][12] - The successful completion of a SOC 2 Type 2 audit validates the company's internal controls and enhances its credibility with enterprise and government clients [9]
AITX Inks Major Logistics Expansion for Full RAD Product Line
Newsfile· 2025-11-13 13:40
Core Viewpoint - Artificial Intelligence Technology Solutions, Inc. (AITX) and its subsidiary Robotic Assistance Devices, Inc. (RAD) have initiated a significant expansion in logistics by securing a major order from a global logistics client, marking the beginning of a broader rollout of their RADTown solutions [1][5]. Company Developments - The client has placed an initial order that includes various RAD devices and software, indicating a shift from traditional manned guarding to a technology-first model [3][4]. - The order consists of two AVA™ devices, one TOM unit, one ROAMEO™ mobile security vehicle, one SARA™ license, and multiple subscriptions for centralized oversight and workflow automation [3][6]. - This expansion is part of a long-term strategy by the client to consolidate security and workflow functions within the RADTown framework, with additional phases expected as new sites come online [4][5]. Industry Context - RADTown is positioned as an AI-powered security ecosystem designed for organizations requiring consistent security performance across extensive networks, offering potential savings of 35% to 80% compared to traditional labor-based security models [6][7]. - The security and guarding services industry is valued at nearly $50 billion, and AITX aims to redefine this market through its innovative, AI-driven Solutions-as-a-Service business model [7][8]. Leadership and Expertise - AITX is led by experienced professionals, including CEO/CTO Steve Reinharz, who has extensive experience in the security services industry, and other key figures with backgrounds in law enforcement and robotics innovation [9][10]. - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for future growth and recurring revenue streams [10][11]. Technological Advancements - AITX's solutions are designed to enhance operational efficiency and reduce costs, allowing organizations to focus on strategic tasks while improving situational awareness [11]. - The company has successfully completed a SOC 2 Type 2 audit, validating its internal controls for handling customer data, which enhances its credibility with enterprise and government clients [8].
AITX's RAD Large Construction Client Expands RAD Application with Substantial Order
Newsfile· 2025-11-06 13:40
Core Insights - AITX's subsidiary RAD has received a substantial order from a large construction client for six additional ROSA units, each equipped with a SARA license, aimed at enhancing security and operational oversight at a construction site [1][3][5] Company Developments - The new ROSA units will be deployed to monitor and secure perimeter areas, deterring loitering and trespassing while providing construction time-lapse footage [3][5] - CEO Steve Reinharz emphasized that expansion orders from existing clients reflect confidence in the company's performance and commitment to exceeding client expectations [4][6] - Each ROSA unit operates with the SARA platform, which autonomously analyzes video feeds and responds to potential risks without human intervention, offering a comprehensive security solution [5][6] Industry Context - AITX, through RAD, is positioned to redefine the $50 billion security services industry with its AI-driven Solutions-as-a-Service model, providing cost savings of 35%-80% compared to traditional manned security [7] - The company has successfully completed a SOC 2 Type 2 audit, validating its internal controls for handling customer data, which enhances its credibility with enterprise and government clients [8] - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for future business growth and recurring revenue streams [10]
AITX's RAD Closes October with Strong Sales and Expanding Market Presence
Newsfile· 2025-11-05 13:40
Core Insights - AITX's RAD has experienced strong sales activity in the first two months of Q3 FY2026, securing numerous device orders and software license agreements, indicating a robust market presence and demand for AI-driven security solutions [1][3][5] Sales and Market Activity - RAD has contracted orders for 64 devices, including eight proof-of-concept deployments, and 46 software licenses for products like SARA, RADGuard™, and Firearm Detection [3] - The company has expanded its dealer network by adding six new authorized dealers and two independent channel partners, enhancing its market reach [3][5] Financial Performance and Growth - The company is positioned for a strong finish to the quarter, with expectations of recurring monthly revenue growth and operational cash flow positivity [5][6] - RAD's solutions offer cost savings of 35%-80% compared to traditional manned security services, appealing to a wide range of businesses [6] Leadership and Expertise - The company is led by experienced professionals in the security industry, including CEO Steve Reinharz, who emphasizes the importance of RAD's technology in the current market [5][8] - The leadership team includes individuals with backgrounds in law enforcement and security industry innovation, reinforcing the company's credibility and capability [8] Future Prospects - RAD has a prospective sales pipeline involving over 35 Fortune 500 companies, indicating significant potential for future business growth [9] - The company is actively pursuing new technologies and partnerships to further expand its market impact [6][9]