STOCK TITAN

Robotic Assistance Devices Receives Six Unit ROSA Order from Large Northern California Auto Center

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Artificial Intelligence Technology Solutions, Inc. (OTCPK:AITX) announced a six-unit order of its ROSA security robots from a major auto group in Northern California. The deployment aims to enhance security at a site servicing three dealerships. ROSA, known for its cost-effectiveness compared to traditional security, addresses loitering and theft. RAD's sales pipeline suggests potential for hundreds of units in the coming year. ROSA technology offers advanced security features, including vehicle detection and live video, enhancing operational efficiency for clients.

Positive
  • Received a six-unit ROSA order from a leading auto group, indicating strong market demand.
  • ROSA's cost-effectiveness provides a competitive advantage over traditional security solutions.
  • Sales funnel projected for hundreds of unit deployments within the next 12 months.
Negative
  • None.

Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly-owned subsidiary Robotic Assistance Devices, Inc. (RAD) has received a six unit ROSA order from one of northern California’s leading auto groups. Although not named due to confidentiality agreements, the company indicated that the end-user for this deployment will place all six ROSA units at a single location that services three of their five dealerships.

RAD’s ROSA continues to gain market acceptance notably with auto dealerships. “ROSA’s ability to help clients in these environments address loitering, trespassing and theft in a positive, proactive manner is a solution they’ve been waiting for. And it’s dramatically less expensive than posting a security guard,” said Steve Reinharz, Founder and President of RAD.

RAD’s sales funnel includes opportunities for hundreds of units to be deployed within the next 12 months.

ROSA (Responsive Observation Security Agent) is a compact, self-contained, security and communication solution that can be deployed in as little as 15 minutes. Its AI-driven security systems include human and vehicle detection, license plate recognition, responsive digital signage and audio messaging, and complete integration with RAD’s software suite notification and response library. Two-way communication is optimized for cellular, including live video from ROSA’s dual high-resolution, full-color, always-on cameras. RAD recently published a Case Study on how ROSA has helped eliminate instances of theft, trespassing and vagrancy at car rental locations in southern California.

Follow Steve Reinharz on Twitter @SteveReinharz for future RAD and AITX updates.

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 of design elements, performance, quality and the user’s experience of all security robots whether SCOT™, ROSA™, Wally™, Wally HSO™, AVA™, or ROAMEO™. Read about how RAD is reinventing the security services industry by downloading the Autonomous Remote Services Industry Manifesto.

CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of Artificial Intelligence Technology Solutions to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, to meet business and financial goals including projections and forecasts, and other risks. Artificial Intelligence Technology Solutions undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in Artificial Intelligence Technology Solutions expectations.

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 and RAD-M companies help organizations streamline operations, increase ROI and strengthen 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 staffs 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. To learn more, visit www.aitx.ai and www.roboticassistancedevices.com, or follow Steve Reinharz on Twitter @SteveReinharz.

FAQ

What is the significance of the recent order for ROSA by AITX?

AITX's recent six-unit order for ROSA from a leading auto group highlights growing market acceptance and demand for their robotic security solutions.

How does ROSA compare to traditional security measures?

ROSA is significantly less expensive than hiring security guards, providing a proactive solution to loitering and theft.

What are the future sales projections for AITX?

AITX's sales funnel suggests opportunities for hundreds of unit deployments within the next 12 months.

What features does the ROSA security robot have?

ROSA includes human and vehicle detection, license plate recognition, and live video capabilities, enhancing security operations.

Who is the founder of Robotic Assistance Devices?

Steve Reinharz is the founder and president of Robotic Assistance Devices, the subsidiary of AITX.

ARTIFICIAL INTL SLTNS

OTC:AITX

AITX Rankings

AITX Latest News

AITX Stock Data

32.16M
11.91B
0%
Computer Hardware
Technology
Link
United States of America
Ferndale