Wall Street Signals: AITX's Subsidiary Robotic Assistance Devices Expects Large Orders from Global Small Box Retailer and Second Casino Operator

AITX's Subsidiary Robotic Assistance Devices Expects Large Orders from Global Small Box Retailer and Second Casino Operator

 

Artificial Intelligence Technology Solutions, Inc., (OTCPK: AITX), announced that its wholly-owned subsidiary Robotic Assistance Devices, Inc. (RAD) is awaiting final approval from a pair of significant pending orders. These 2 orders are expected after months of in-person meetings, trade show visits, site walks, and being fully vetted by the clients.

“Our sales team’s efforts look like they’re about to pay off,” said Mark Folmer, President of RAD. “We’re ready to deploy our award-winning ROSA at this major retailer. They’ve got thousands of locations, many in tough neighborhoods. We’ve been in discussions with them for quite a while, but things moved quickly once they reviewed the data on how ROSA dramatically reduces, in some cases eliminated, trespassing and loitering.”

The Company commented that the retailer is expected to initially deploy 8 ROSAs as a pilot program at 2 of their locations.

“I’ve personally met with what we expect will be our second major casino operator,” said Steve Reinharz, CEO of AITX. “They have visited the REX on several occasions, it appears that their initial order will be for twenty ROSAs and one SCOT. Once deployed, RAD will have its first corporate placement of RAD Light My Way. The use case for this client is a perfect fit for RAD, plus they’re interested in promoting this unique safety solution to their guests.”

RAD Light My Way recently won 2 Secure Campus 2022 Awards from Campus Security & Life Safety Magazine. In October 2021 RAD Light My Way along with RAD's ROSA won CBRE’s 2021 Best Workplace Experience Solution Award.

RAD’s parent company AITX intends to file for listing on the OTCQB within 10 days of filing its YE2022 10-K.

ROSA is a compact, independent, versatile, security and correspondence arrangement that can be sent in around 15 minutes. Like other RAD arrangements, it just requires power as it incorporates all essential interchanges equipment. ROSA's AI-driven security investigation incorporates human and vehicle discovery, tag acknowledgment, responsive advanced signage, and sound informing, and a complete combination with RAD's product suite warning and independent reaction library. Two-way correspondence is upgraded for cell, including live video from ROSA's double high-goal, full-variety, consistently on cameras. RAD has distributed two Case Studies itemizing how ROSA has dispensed with occurrences of robbery, trespassing, and loitering at car rental locations and construction sites across the country.

Robotic Assistance Devices (RAD) is a high-tech start-up that delivers robotics and artificial intelligence-based solutions that empower organizations to gain new insight, solve complex security challenges, and fuel new business ideas at reduced costs. RAD developed its advanced security robot technology from the ground up including circuit board design, and base code development. This allows RAD to have complete control over all design elements, performance, quality, and the user’s experience of all security robots whether SCOT™, ROSA™, Wally™, Wally HSO™, AVA™, ROAMEO™, or RAD Light My Way™. Read about how RAD is reinventing the security services industry by downloading the Autonomous Remote Services Industry Manifesto.

About Artificial Intelligence Technology Solutions (AITX)

AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges, and fuel new business ideas. Through its next-generation robotic product offerings, AITX’s RAD, RAD-M, and RAD-G companies help organizations streamline operations, increase ROI, and strengthen their business. AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staff and gain higher levels of situational awareness, all at drastically reduced cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare.

or follow Steve Reinharz on Twitter @SteveReinharz.

Steve Reinharz
949-636-7060