AITX Celebrates Milestone of 1,000 Devices Deployed and Awaiting Deployment

On November 7, 2024, Artificial Intelligence Technology Solutions Inc. (OTCMKTS:AITX) announced a significant achievement in its subsidiary, Robotic Assistance Devices (RAD), surpassing the milestone of deploying and contracting over 1,000 security devices. This feat signifies a transformation for RAD from a disruptor to a mainstream provider in the security industry.

RAD’s growth in deployments and partnerships reflects the industry’s growing interest in autonomous security technologies that offer intelligent and cost-effective solutions, shifting away from traditional security measures such as manned guards. This milestone underscores RAD’s position as a key player in AI-driven security solutions, providing clients with reliable and efficient security technologies.

Steve Reinharz, CEO/CTO of AITX and RAD, commented on the milestone, stating, “Reaching this 1,000-device milestone validates RAD’s role in transforming the security landscape.” The company’s product offerings like RIO™, ROSA™, and AVA™ have seen widespread adoption across various industries, enhancing security coverage while reducing reliance on expensive human guards.

The evolution in the security industry towards intelligent and autonomous security alternatives has positioned RAD as a revolutionary force. The company’s innovative solutions have garnered significant attention and interest, with the recent achievement solidifying its position as a game-changer in the security realm.

With a prospective sales pipeline that includes over 35 Fortune 500 companies and numerous other client opportunities, RAD anticipates continued growth and success as it converts existing sales opportunities into recurring revenue streams. The company’s technologies and AI-driven solutions offer significant cost savings to businesses, ranging from 35% to 80% compared to conventional manned security models.

AITX, through its subsidiaries, is at the forefront of delivering AI-based solutions that empower organizations to overcome challenges and drive business innovation. With a focus on streamlining operations, increasing ROI, and enhancing security measures, AITX’s technologies have found applications in diverse industries such as government, transportation, and healthcare.

The recent achievement of deploying and contracting 1,000 security devices underscores AITX’s commitment to innovation and excellence in the security industry. The company’s dedication to providing cutting-edge solutions backed by AI and robotics continues to position it as a leader in the evolving landscape of security technology.

CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS: The information presented in this article does not constitute an offer to sell or solicit an offer to buy securities of AITX. Forward-looking statements included are not guarantees of future performance and may involve subjective judgment and analysis. The Company has no obligation to provide updated information and makes no representations or warranties regarding the accuracy or completeness of the content.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Artificial Intelligence Technology Solutions’s 8K filing here.

About Artificial Intelligence Technology Solutions

Artificial Intelligence Technology Solutions Inc focuses on the delivery of artificial intelligence and robotic solutions for operational, security, and monitoring needs. It develops front-end and back-end software solutions. The company also provides RIO, a solar-powered trailer; ROSA-P; RADDOG; ROSS, a video management system;and ROAMEO, an unmanned ground vehicle.