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Overview of Artificial Intelligence Techno (AITX)
Artificial Intelligence Techno (AITX) specializes in advanced artificial intelligence and robotic solutions designed for operational efficiency, security, and monitoring across diverse industry sectors. With a strong foundation in AI-driven technologies, the company delivers intelligent systems that transform security operations, reduce dependence on traditional manned solutions, and provide proactive monitoring capabilities. Using a robust Solutions-as-a-Service business model, AITX offers a comprehensive portfolio that integrates robotics, AI analytics, and real‐time automation to address complex security challenges.
AI-Driven Robotic Solutions and Technological Innovation
The company has developed a range of products that leverage AI to redefine security and operational monitoring. By utilizing sophisticated robotics and deep-learning algorithms, AITX not only improves site surveillance but also enhances access control and threat detection. Its technologies are engineered to work autonomously, offering immediate responses to security breaches and operational anomalies. This innovative use of AI and robotic integration optimizes security protocols and minimizes reliance on human monitoring, thereby reducing operational costs and enhancing system reliability.
Market Position and Industry Impact
Operating within the expansive security services and technology industry, AITX is positioned among companies that are driving the transformation from traditional security practices to dynamic, AI-powered solutions. This transition is especially vital for sectors grappling with the high costs of manned security and the challenges associated with traditional video surveillance systems. Through state-of-the-art robotics and intelligent automation, the company provides solutions that are scalable and adaptable for a wide variety of applications including enterprise security, transportation hubs, critical infrastructure, government facilities, education, and healthcare environments.
Business Model and Operational Strategy
AITX generates revenue through a recurring, subscription-based model that supports its Solutions-as-a-Service platform. The company’s business model emphasizes cost effectiveness by significantly reducing the need for expensive security personnel, thereby offering savings of between 35% and 80% compared to conventional security services. Its strategic focus on in-house development of both hardware and software enables tighter control over quality and innovation, while its diversified client base—from Fortune 500 companies to municipal governments—underscores its broad market appeal.
Technological Excellence and Product Diversification
Key to AITX’s approach is the continuous enhancement of its product offerings. The company’s technology portfolio includes autonomous mobile robotic systems, advanced stationary security devices, and interactive access control platforms that integrate real-time alerts and AI-driven decision making. These solutions not only increase situational awareness but also empower existing security teams with enhanced tools for rapid response. By embedding cutting-edge analytics and machine learning models, the company ensures that its offerings remain adaptive and forward-thinking without over-reliance on time-sensitive enhancements.
Customer-Centric and Cross-Industry Solutions
AITX’s solutions are designed to meet the diverse needs of its clients. Whether used for protecting high-value assets in commercial settings or augmenting security protocols in residential communities, the technology is engineered for flexibility, scalability, and reliability. By integrating industry-specific features such as autonomous patrol, intelligent intrusion detection, and real-time communication via dedicated AI agents, the company addresses critical security challenges while creating measurable efficiencies.
Conclusion
In summary, Artificial Intelligence Techno (AITX) represents a pioneering force in the realm of AI-powered security and operational automation. Its in-house developed technologies, coupled with a broad Solutions-as-a-Service offering, empower organizations to modernize their security frameworks and achieve superior operational outcomes. With a clear emphasis on technological excellence, cost efficiency, and comprehensive market solutions, AITX is well positioned to serve as a transformative agent within the evolving security services industry.
Robotic Assistance Devices (RAD), a subsidiary of Artificial Intelligence Technology Solutions (AITX), reports dozens of Fortune 1000 organizations showing strong interest in ROAMEO Gen4, their autonomous mobile security robot. Deliveries are scheduled to begin in Spring 2025, targeting healthcare, logistics, municipal operations, and higher education sectors. The company expects to achieve 100 deployments by end of 2026, with 250 deployed units potentially generating $20 million in annual recurring revenue. ROAMEO Gen4 features 360-degree view, high-resolution cameras, and advanced AI analytics based on proprietary AIR™ technology, designed to reduce security costs by replacing or supplementing traditional guard operations.
AITX's subsidiary RAD-R has acquired 1 million unique MAC addresses for its RADCam security devices, with 10,000 addresses allocated for the first production run. The company plans to begin shipments in December 2024. RADCam, marketed as the world's first 'talking' security camera, features AI and LLM technologies with autonomous interaction capabilities. The MAC addresses acquisition ensures secure device identification and demonstrates RAD-R's complete control over code, server, and processing operations, all based in the United States. Pre-orders are currently being accepted through radcam.ai.
AITX's subsidiary RAD-M has achieved Level 5 autonomous navigation for its ROAMEO Gen4 security robot, marking a significant advancement in mobile robotic security. This breakthrough allows ROAMEO Gen4 to operate independently across various environments without human intervention, featuring capabilities such as dynamic obstacle avoidance, gateway pass through, and narrow lane navigation.
ROAMEO Gen4 is expected to start shipping in Spring 2025, with production increasing as sales momentum grows. The robot aims to provide a cost-effective alternative to traditional security guards, particularly for outdoor patrol duties. With approximately 396,000 security guards working in outdoor environments in the US, ROAMEO Gen4 presents a significant market opportunity.
The company anticipates that ROAMEO Gen4 will contribute to AITX's growing Recurring Monthly Revenue, aligning with their long-term strategy of delivering innovative and sustainable solutions in the security industry.
Artificial Intelligence Technology Solutions (OTCPK:AITX) reported strong financial results for Q2 FY 2025 ending August 31, 2024. Revenue increased 348% to $1,344,183 compared to the same period last year, driven by growth in monthly recurring rental revenue. Gross profit rose 301% to $559,218, reflecting improved operational efficiency. The company's market capitalization grew 43% over Q2 FY 2024.
AITX recorded its largest order intake of 172 units, potentially generating $212K in monthly recurring revenue when deployed. The company is targeting $1 million in recurring monthly revenue by fiscal year-end (February 28, 2025). CEO Steve Reinharz highlighted the growing demand for AITX's AI-driven security solutions and expressed confidence in reaching operational profitability.
Robotic Assistance Devices (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc. (OTCPK:AITX), has announced that its solar-powered RIO™ 360 security tower was featured on News 5 Cleveland. The segment highlighted RAD's deployment at Public Square in downtown Cleveland, in partnership with Downtown Cleveland, Inc.
Troy McCanna, RAD's Chief Security Officer, was interviewed about how the AI-driven technology enhances public safety. The RIO 360 system, equipped with 360-degree surveillance and AI-based autonomous responses, aims to deter crime, detect loitering, and engage visitors with informative messages.
The deployment is part of a larger initiative between RAD and Downtown Cleveland, Inc. to integrate cutting-edge security solutions in the city center. The RIO 360 configuration includes dual ROSA™ units, which offer AI-driven security analytics, responsive digital signage, and two-way communication capabilities.
Downtown Cleveland, in partnership with Robotic Assistance Devices (RAD), a subsidiary of Artificial Intelligence Technology Solutions (OTCPK:AITX), has unveiled a smart security camera system in Public Square. The AI-driven, solar-powered RIO™ 360 security system is designed to enhance safety and security in the area. Key features include:
- Detection of loitering and trespassing after hours
- Dual LED displays for public engagement
- 360-degree coverage facing Terminal Tower
- Monitored by Downtown Cleveland's Operation Center from 7 a.m. to midnight
- Connected to the City of Cleveland's crime center
This initiative is part of a broader effort to improve safety in downtown Cleveland, which also includes 24/7 police presence and clear operating hours for Public Square. The project aims to create a safer, more welcoming urban environment and serve as a model for other metropolitan areas.
Artificial Intelligence Technology Solutions, Inc. (OTCPK:AITX) and its subsidiary Robotic Assistance Devices, Inc. (RAD) have announced that 3JS Security, a Service-Disabled Veteran-Owned Small Business, has joined RAD's network as an authorized dealer. This partnership aims to expand the deployment of RAD's AI-powered security solutions across 3JS Security's diverse client base, which includes municipalities, distribution centers, and hospitality venues.
3JS Security, led by former law enforcement and military personnel, chose RAD for its advanced technology and real-time deterrence capabilities. Keith Drummond, VP of Business Development at 3JS Security, highlighted RAD's ability to provide immediate action and crime deterrence, rather than just passive surveillance. The collaboration is expected to redefine security approaches in industries such as distribution, construction, and law enforcement.
RAD's President, Mark Folmer, and Chief Security Officer, Troy McCanna, expressed enthusiasm about the partnership, emphasizing the alignment with RAD's mission to revolutionize the security industry through AI-powered solutions like ROSA™, RIO™, and AVA™.
Artificial Intelligence Technology Solutions (AITX) has received a significant expansion order for 32 RIO 360 solar-powered security towers from a major existing client. This order represents more than 50% of the $1 million in annual recurring revenue (ARR) previously announced for this client on August 14, 2024. The RIO 360 configuration includes dual ROSA™ units, which offer AI-driven security analytics and two-way communication capabilities.
AITX, through its subsidiary Robotic Assistance Devices (RAD), is revolutionizing the $25 billion security and guarding services industry with its AI-driven Solutions-as-a-Service business model. RAD's solutions aim to provide cost savings of 35%-80% compared to traditional manned security models. The company has a prospective sales pipeline including over 35 Fortune 500 companies and expects to continue attracting new business and recurring revenue streams.
AITX's subsidiary RAD-R is now accepting online preorders for RADCam™, an AI-powered 'Talking Security Camera', at radcam.ai. Shipments are expected to begin in mid-December 2024. RADCam offers interactive capabilities, engaging with individuals approaching homes, while maintaining traditional security camera features.
Key features include:
- Interactive AI-driven personas
- Reduction in nuisance alerts
- Advanced visual analytics
- LLM-powered communication
- Porch piracy deterrence
RADCam is priced at $99.00 with a $24.99 monthly subscription for full AIR-enabled features. AITX has adjusted its revenue forecast to $1-2 million, with potential monthly subscription revenues of $150,000-$400,000.
Artificial Intelligence Technology Solutions (OTCPK: AITX) has extended its commitment to not execute a reverse stock split before January 1, 2026, with two exceptions: uplisting to NASDAQ or NYSE, or reversing authorized shares at the same rate as outstanding shares. This extension aims to reassure retail investors and maintain the company's relationship with its investing community.
AITX has also filed to increase its authorized share count to 15 billion from 12.5 billion, a 20% increase to be released incrementally. The additional funds will support growth, R&D, and normal business operations, focusing on key projects like RADCam, ROAMEO, and RADDOG. The company is on track for operational profitability this fiscal year and believes its RAD-R division can be fully profitable in its first year.
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