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AITX's RAD Momentum Builds as Top 25 Healthcare Network Adds Three More RIO Mini Units
TMX Newsfile· 2026-02-24 13:40
Detroit, Michigan--(Newsfile Corp. - February 24, 2026) - Artificial Intelligence Technology Solutions, Inc. (OTCID: AITX) (the "Company"), a global leader in AI-driven security and productivity solutions, along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced that it has received an order for three additional RIO™ Mini autonomous security towers from a Top 25 U.S. healthcare provider. The units will be deployed across new facilities within the client's national foo ...
AITX's RAD Secures Three Additional RIO Mini Units from Major Consumer Products Manufacturer
TMX Newsfile· 2026-02-20 13:40
Detroit, Michigan--(Newsfile Corp. - February 20, 2026) - Artificial Intelligence Technology Solutions, Inc. (OTCID: AITX) (the "Company"), a global leader in AI-driven security and productivity solutions, along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced that a major consumer products manufacturer has booked three additional RIO™ Mini units, each licensed with SARA™, RAD's Speaking Autonomous Responsive Agent platform. This direct enterprise sale brings the cl ...
AITX's RAD Receives Multiple RIO and SARA Expansion Order from Major Auction Operator
TMX Newsfile· 2026-02-04 13:40
Detroit, Michigan--(Newsfile Corp. - February 4, 2026) - Artificial Intelligence Technology Solutions, Inc. (OTCID: AITX) (the "Company"), a global leader in AI-driven security and productivity solutions, along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced that it has received an expansion order from a major national auction operator for two RIO™ 360 units and two RIO Mini units, each paired with SARA™ (Speaking Autonomous Responsive Agent) agentic AI platform li ...
AITX's RAD Announces Thousands of Autonomous Security Calls in Live Environments Through Agentic AI SARA
TMX Newsfile· 2026-02-03 13:40
Core Insights - The company, Artificial Intelligence Technology Solutions, Inc. (AITX), through its subsidiary Robotic Assistance Devices, Inc. (RAD), has successfully deployed security devices utilizing its SARA™ AI platform, which autonomously made over 2,000 outbound security-related calls in the past 30 days [1][2][3] Company Overview - AITX is a leader in AI-driven security and productivity solutions, aiming to redefine the $50 billion security and guarding services industry with innovative solutions [8] - The company’s RAD devices are designed to provide significant cost savings of 35%-80% compared to traditional manned security services [8] Technology and Performance - SARA's autonomous capabilities include real-time scene observation, context-aware analysis, and predefined response logic, allowing for immediate communication with end users and first responders [3][5] - The technology leverages advanced edge processing and cloud coordination, utilizing partnerships with industry leaders like NVIDIA and Amazon Web Services (AWS) to enhance performance [5][6] Market Position and Strategy - RAD's pricing model for its devices ranges from $99 to $149 per month, making it a competitive option for organizations seeking efficient security solutions without the complexities of human-dependent workflows [4] - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for recurring revenue [11] Leadership and Expertise - The leadership team at RAD includes experienced professionals from the security services industry, enhancing the company's credibility and capability to deliver innovative solutions [10]
AITX's RAD Deploying Ten RIO Mini Units at Major Midwest Construction Site
Globenewswire· 2026-01-23 13:40
Core Viewpoint - The company is expanding its deployment of autonomous security solutions in the construction sector, indicating a trend towards standardization of such technologies rather than one-off implementations [1][3]. Group 1: Deployment and Technology - The company will deploy ten RIO™ Mini solar-powered autonomous security trailers at a large construction project in the Midwest, generating recurring monthly revenue through subscription and software licensing [1]. - Each RIO Mini unit will utilize the SARA™ AI platform for autonomous monitoring, detection, and response across the construction site, following a previous deployment of sixteen units for another project [2]. - The deployment reflects a growing recognition among construction clients of the benefits of integrating autonomous security systems into their operations [3]. Group 2: Market Position and Financial Impact - The company operates within a nearly $50 billion security and guarding services industry, offering cost savings of 35%-80% compared to traditional manned security solutions [4]. - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for future revenue growth through repeat orders [7]. Group 3: Leadership and Expertise - The company is led by experienced professionals in the security services industry, including the CEO/CTO Steve Reinharz, who has significant expertise in security and robotics [6]. - The leadership team includes individuals with backgrounds in law enforcement and security industry leadership, enhancing the company's ability to deliver effective solutions [6]. Group 4: Innovation and Applications - The company is recognized for its innovative AI-driven solutions that enhance operational efficiency and situational awareness across various industries, including government, transportation, and healthcare [8]. - The SARA platform serves as the primary AI system, designed to process various data types and support operational objectives [11].
AITX Announces Measurable and Disciplined Operating Expense Reductions
Globenewswire· 2026-01-12 13:40
Core Insights - The company has implemented disciplined operating expense reductions year over year, reflecting a shift towards tighter execution and improved operational control as it prepares for the end of its fiscal year on February 28, 2026 [1][2] Financial Management - Over the past nine months, the company has streamlined operations and aligned spending with near-term execution goals, resulting in a more mature operating posture and responsible financial management [2] - Payroll expenses are expected to decrease from approximately $760,000 per month in 2025 to about $630,000 starting March 1, 2026, due to workforce realignment and delayed investments [3] - Additional monthly operating expense reductions of approximately $50,000 have been achieved through improved purchasing practices and vendor management, positively impacting cash flow [3] Strategic Focus - The company has paused further R&D investments in its HERO and RADDOG mobile robotic initiatives while transitioning ROAMEO™ into active production, concentrating efforts on initiatives that drive near-term impact [4] - The CEO emphasized that these changes are aimed at reducing cash flow burn and achieving operational cash flow positive performance around May 2026 [5] Industry Position - The company operates within the nearly $50 billion US security and guarding services industry, offering AI-driven solutions that can save businesses between 35%-80% compared to traditional manned security [6] - The company has a prospective sales pipeline of over 35 Fortune 500 companies, indicating strong potential for recurring revenue generation [10] Operational Validation - The company's operations and internal controls have been validated through a successful SOC 2 Type 2 audit, enhancing its credibility with enterprise and government clients [7]
AITX Surges to New Billing Record in October
Newsfile· 2025-11-25 13:40
Core Insights - AITX achieved its highest billing results in October 2025, invoicing approximately $762,000, a 20% increase from $609,000 in September 2025, positioning the company towards a potential $10 million annual recurring revenue run rate as RAD technology adoption rises [1][3][4] Financial Performance - October 2025 billing reached $762,000, up from $609,000 in September, marking a 20% month-over-month growth [1][3] - The company is on track to potentially reach positive operational cash flow by spring 2026, driven by rising recurring revenue and expanding client deployments [4] Business Model and Market Position - AITX operates within the nearly $50 billion security and guarding services industry, offering AI-driven Solutions-as-a-Service that can save businesses between 35%-80% compared to traditional manned security [4][8] - The company’s solutions are designed to replace or complement human personnel in environments better suited for machines, enhancing operational efficiency [4][8] Subsidiary Contributions - October's record performance is attributed solely to the subsidiaries Robotic Assistance Devices, Inc. (RAD-I) and Robotic Assistance Devices Residential, Inc. (RAD-R), with additional revenue expected from RAD-G and SARA™ as deployments progress [3][4] Leadership and Expertise - AITX is led by Steve Reinharz, who has extensive experience in the security services industry, supported by a team with backgrounds in security leadership, law enforcement, and robotics innovation [6][8] Sales Pipeline - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, with expectations to convert existing sales opportunities into deployed clients generating recurring revenue [7]
AITX's SARA Industry Education Efforts Continue at ISC East as the Company Strengthens Its Hold on Agentic AI Leadership
Newsfile· 2025-11-19 13:40
Core Insights - The article highlights the leadership of Artificial Intelligence Technology Solutions, Inc. (AITX) in the agentic AI sector, particularly in the security industry, as the company showcases its SARA™ platform at ISC East [1][4][6] Company Developments - AITX's CEO/CTO Steve Reinharz will present on the rise of agentic AI in real-time security, emphasizing the capabilities of the SARA platform in enhancing autonomous detection and response [1][3] - The company has secured a multi-million dollar contract for SARA, expected to reach approximately $2.5 million, indicating strong demand for real-time autonomous security solutions [4][5] - AITX is preparing to release a white paper on agentic AI in collaboration with Amazon Web Services (AWS), further solidifying its position in the market [5] 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 models [7][8] - The company is witnessing a shift in the industry as organizations move from passive observation to active, autonomous security operations, driven by the capabilities of the SARA platform [6][10] Market Recognition - Reinharz's presentations at major industry events reflect a growing recognition of AITX's innovations in real-time security, with high engagement from attendees [5][6] - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating significant potential for future business growth [10]
AITX Signs Single Biggest Contract in Company History
Newsfile· 2025-11-12 13:40
Core Insights - The company has entered a three-year agreement with a U.S.-based Remote Video Monitoring (RVM) company, with a total contract value of $2.5 million, to deploy its SARA™ AI platform across the RVM's monitored accounts [1][3][4] Agreement Details - The initial annual value of the deployment is approximately $855,000, with full implementation expected within six months [3] - Once fully implemented, the annual recurring revenue is projected to approach $1 million as the RVM expands its customer base [3] Technology and Market Position - SARA is designed to autonomously monitor live video streams, identify relevant events, and respond in real time, providing a scalable alternative to traditional monitoring methods [4] - The project aims to replace three legacy system providers and transition over 1,000 video monitoring accounts currently managed overseas [3][4] Company Background - AITX, through its subsidiary RAD-I, is positioned to redefine the $50 billion U.S. security and guarding services industry with its AI-driven Solutions-as-a-Service model [6] - RAD-I solutions can provide cost savings of 35%-80% compared to traditional manned security services [6] Leadership and Expertise - The company is led by Steve Reinharz, who has extensive experience in the security services industry and is involved in various industry associations [9] - The leadership team includes professionals with backgrounds in law enforcement and robotics innovation, enhancing the company's capability to deliver effective solutions [9] Sales Pipeline - RAD-I has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for future business growth [10]
AITX's RAD-G Ignites Live SARA Pilot Programs
Newsfile· 2025-11-10 13:40
Core Insights - AITX's subsidiary RAD-G has initiated live pilot programs for its AI platform SARA with four Remote Video Monitoring companies, marking a significant step in SARA's expansion within the industry [1][3][4] - The global Remote Video Monitoring market is estimated to have over five million active monitoring channels, positioning SARA to capture a substantial share of this market [5] Company Developments - The initial ten RVM clients have signed on to license SARA, with four now in operational pilot mode, indicating strong industry demand for agentic AI solutions [3][4] - AITX's RAD-I aims to redefine the $50 billion security and guarding services industry by offering AI-driven solutions that can reduce costs for businesses by 35%-80% compared to traditional manned security [6] Market Position - SARA's deployment is expected to enhance the operational efficiency of monitoring services, with the potential to transition approximately 100,000 monitoring channels to its platform as reliability and performance are validated [3][5] - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong future growth potential [9] Leadership and Expertise - AITX is led by experienced professionals in the security services industry, including CEO Steve Reinharz, who has a strong background in security technology and innovation [8][10] - The company's successful completion of a SOC 2 Type 2 audit reinforces its credibility and commitment to data protection, which is crucial for attracting enterprise and government clients [7]