TOM™
Search documents
AITX's RAD Sees Q3 Sales Momentum Build as Orders Flow from Multiple Industries
Newsfile· 2025-10-09 12:40
Core Insights - AITX's subsidiary RAD has experienced significant sales momentum in Q3 2025, with new orders across various industries including healthcare, retail, construction, banking, and property management, indicating a growing market adoption of AI-driven security solutions [1][8] Sales Activity - Since September 1, 2025, RAD has secured multiple new orders, including two ROSA™ units for a security services firm in Michigan, two ROSA units with SARA™ for a luxury student housing complex, and a RIO™ 180 unit for a residential property management company in California [3][4] - Additional orders include units for a global logistics provider and a major diagnostics company, showcasing RAD's penetration into diverse sectors [3][5] Order Summary - The Q3 FY2026 order summary includes various devices: 2 ROAMEO Gen 4, 9 ROSA, 3 RIO 360, 4 RIO 180, 11 RIO Mini, and 10 RADGuard Licenses, totaling 54 devices/licenses [6][7] Market Position - The company is positioned as a leader in the AI-driven security and monitoring solutions market, with a focus on scaling production and converting demand into recurring revenue growth [8][10] - AITX's solutions are designed to provide cost savings of 35%-80% compared to traditional manned security services, indicating a strong value proposition in the security industry [10][15] Leadership and Expertise - AITX is led by experienced professionals in the security services industry, including CEO Steve Reinharz and President Mark Folmer, who bring extensive expertise to the company [12][13] Future Prospects - RAD has a prospective sales pipeline of over 35 Fortune 500 companies, indicating strong potential for future growth and recurring revenue generation [14]
AITX's RAD Secures Landmark Logistics Win with Future Deployment Across Entire Solution Set
Newsfile· 2025-08-26 12:40
Core Insights - AITX's subsidiary RAD has secured a significant contract with a major logistics provider to deploy its comprehensive portfolio of security solutions, including ROAMEO and SARA, across multiple locations [1][5][6] Group 1: Deployment and Impact - The logistics client will implement RAD's TOM™ system at most sites, supplemented by ROAMEO™, RAD's mobile security patrol robot, and SARA™, an AI-powered monitoring platform [1][3] - This deployment is expected to generate substantial annual recurring revenue for RAD as it expands over the next 12 months [5][6] - The integration of RAD's solutions is anticipated to reduce security costs by up to 80% compared to traditional manned security services [4][6] Group 2: Industry Context and Solutions - The security and guarding services industry is valued at nearly $50 billion, and RAD's innovative solutions aim to redefine this market through a Solutions-as-a-Service model [6] - RAD's technology is designed to provide cost savings of 35%-80% compared to existing manned security models, enhancing operational efficiency [6][9] - The company has a sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for future growth and recurring revenue [8][9] Group 3: Technological Integration - RAD's ecosystem includes stationary ROSA™ units for fixed oversight, portable solar-powered RIO™ towers for perimeter coverage, and AVA™ for managing vehicle and personnel entry [3][4] - SARA™ ensures coordinated communication among devices, enhancing monitoring capabilities and operational continuity [4][5] - The successful completion of SOC 2 Type 2 audit reinforces RAD's credibility with enterprise and government clients, ensuring compliance with data protection standards [7]