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AITX (AITX) converts RAD retail security pilot into long-term recurring deployment

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Artificial Intelligence Technology Solutions, Inc. reported that its subsidiary Robotic Assistance Devices converted a retail security pilot into a long-term deployment of two ROSA™ devices on a recurring monthly revenue agreement. The customer, a major retail property manager, is now evaluating additional deployments across its portfolio.

The installation uses ROSA for after-hours interior security and integrates the SARA™ agentic AI platform for autonomous notifications, escalation workflows, and real-time communication during potential incidents. The company positions its AI-driven Solutions-as-a-Service model as a cost-saving alternative to traditional guarding, targeting the multi-billion-dollar security services market.

Positive

  • None.

Negative

  • None.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
ROSA devices deployed 2 devices Permanent retail deployment after pilot
Pilot expected duration 30 days Initial plan for ROSA pilot
Actual pilot duration nearly three months Extended evaluation before long-term deal
U.S. retail shoplifting losses $45 billion Estimated 2024 losses cited
Security and guarding market size nearly $50 billion U.S. security services industry
Targeted cost savings vs guards 35% to 80% RAD Solutions-as-a-Service model
Fortune 500 prospects over 35 companies Size of AITX sales pipeline
recurring monthly revenue financial
"now operating under a recurring monthly revenue agreement as the customer evaluates additional deployment opportunities"
Recurring monthly revenue is the predictable money a company earns each month from ongoing sources like subscriptions, service contracts, or repeat billing. Investors care because it acts like a steady paycheck—making future sales easier to estimate, revealing whether customers stick around or drop off, and helping gauge growth stability and valuation compared with one‑time or erratic sales.
proof-of-concept evaluation financial
"permanent deployment of two ROSA™ security devices following a successful proof-of-concept evaluation"
Solutions-as-a-Service financial
"with its AI-driven Solutions-as-a-Service model"
SOC 2 Type 2 audit regulatory
"validated through successful completion of its SOC 2 Type 2 audit"
agentic AI technical
"RAD's SARA™ (Speaking Autonomous Responsive Agent) agentic AI platform"
Agentic AI refers to computer systems that can make their own decisions and take actions without needing someone to tell them what to do each time. It's like giving a robot a degree of independence to solve problems or achieve goals on its own, which matters because it could change how we work and interact with technology in everyday life.
forward-looking statements regulatory
"This publication contains forward-looking statements, which are not guarantees of future performance"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
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false 2026-05-27 0001498148 Artificial Intelligence Technology Solutions, Inc. 0001498148 2026-05-27 2026-05-27

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 27, 2026

ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS, INC.
(Exact name of registrant as specified in its charter)

Nevada 000-55079 27-2343603
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)

10800 Galaxie Avenue
Ferndale, Michigan, United States 48220
(Address of principal executive offices) (ZIP Code)

Registrant’s telephone number, including area code: (877) 787-6268

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class   Trading Symbols   Name of each exchange on which registered
N/A   N/A   N/A

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b -2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


When used in this Current Report on Form 8-K, unless otherwise indicated, the terms the "Company," "our," or "we" refer to Artificial Intelligence Technology Solutions Inc. and its subsidiaries.

Item 8.01 Other Events

On May 27, 2026, we will be issuing a press release titled "AITX's RAD Converts Retail Security Pilot into Long Term Deployment", which press release is attached hereto as Exhibit 99.1.

The information in this Current Report on Form 8-K with respect to Item 8.01 (including the press release attached hereto as Exhibit 99.1) is being furnished pursuant to Item 8.01 of Form 8-K and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended ("Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act. This current report on Form 8-K (including Exhibit 99.1) will not be deemed an admission as to the materiality of any information contained herein.

ITEM 9.01. EXHIBITS

Exhibit No.   Description
     
99.1   May 27, 2026 Press Release
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: May 27, 2026 ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC.
     
    /s/ Steven Reinharz
  Name: Steven Reinharz
  Title: Chief Executive Officer



Exhibit 99.1

AITX's RAD Converts Retail Security Pilot into Long Term Deployment

Customer Retains Systems After Extended Evaluation and Begins Exploring Broader Expansion

Detroit, Michigan, May 27, 2026 -- Artificial Intelligence Technology Solutions, Inc. (the "Company") (OTCID:AITX), a global leader in AI driven security and productivity solutions, along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced that a major retail property management organization has moved forward with a permanent deployment of two ROSA™ security devices following a successful proof-of-concept evaluation. The systems, initially deployed under a pilot program, are now operating under a recurring monthly revenue agreement as the customer evaluates additional deployment opportunities across its portfolio. The deployment also incorporates RAD's SARA™ (Speaking Autonomous Responsive Agent) agentic AI platform, providing autonomous notifications, escalation workflows, and real-time communication capabilities designed to accelerate awareness and response during after-hours security events.

Artist’s depiction of a RAD ROSA and SARA delivering real time after hours retail security awareness, deterrence, and response.

The pilot deployment, originally expected to run for 30 days, ultimately remained active for nearly three months as the customer worked closely with RAD to refine the deployment around the property's specific operational requirements. The ROSA devices are being utilized for interior after-hours security operations, including identifying unauthorized individuals remaining onsite, issuing automated voice deterrence messages, and notifying monitoring personnel of potential incidents requiring escalation.

Retail property operators continue to face growing pressure from theft, vandalism, trespassing, and rising security labor costs, with U.S. retailers estimated to have lost approximately $45 billion to shoplifting in 2024 alone1. Industry operators are increasingly evaluating AI driven and autonomous security technologies that can help extend coverage, improve incident response, and reduce reliance on traditional guarding models. In this deployment, the customer has reportedly responded particularly well to SARA's autonomous phone call notifications and escalation capabilities, which provide immediate awareness and actionable information when potential incidents occur after hours. RAD believes solutions like ROSA™ and SARA™ are well positioned for these environments, where proactive deterrence, automated engagement, and intelligent escalation can deliver meaningful operational impact while lowering overall security costs.

"Large scale pilot deployments like this frequently evolve into broader operational rollouts once customers experience the technology in a live environment," said Troy McCanna, Chief Revenue and Chief Security Officer at RAD. "These programs tend to start with a specific use case or property challenge, but once the customer sees the operational visibility, responsiveness, and consistency the system delivers, the conversation usually shifts toward expansion. That's especially true when SARA becomes part of the daily workflow and stakeholders begin interacting directly with the AI driven notifications and escalation process."

RAD confirmed that discussions are already underway regarding potential expansion opportunities at additional retail properties within the customer's portfolio. While the customer remains unnamed, the organization is understood to manage a portfolio measured in the hundreds of retail and shopping center properties across North America.


The Company invites prospective clients, channel partners, and industry participants to connect with its team to learn how RAD's solutions can support their security and operational objectives.

About Artificial Intelligence Technology Solutions, Inc. (AITX)

AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and drive operational efficiency. Through its family of companies, including Robotic Assistance Devices, Inc. (RAD-I), Robotic Assistance Devices Mobile (RAD-M), Robotic Assistance Devices Group (RAD-G) and Robotic Assistance Devices Residential (RAD-R), AITX develops and delivers a broad range of AI-driven technologies and services designed to transform security, automation, and operational workflows across multiple industries.

Through its primary subsidiary, RAD-I, AITX is redefining the nearly $50 billion (US) security and guarding services industry2 with its AI-driven Solutions-as-a-Service model. RAD solutions are specifically designed to deliver cost savings of between 35% and 80% compared to traditional manned security and monitoring, utilizing a suite of stationary and mobile autonomous systems that complement, and in many cases replace, human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house.

All of RAD's solutions are designed to integrate with leading industry platforms and workflows, including ongoing collaboration with Immix®, the trusted provider of central station and remote monitoring software, supporting broader adoption of AI-driven security across professional monitoring environments.

The Company's operations and internal controls have been validated through successful completion of its SOC 2 Type 2 audit, reinforcing its credibility with enterprise and government clients that require rigorous data protection and compliance standards.

AITX is led by Steve Reinharz, CEO/CTO and founder of the Company and all RAD subsidiaries, who brings decades of experience in the security services industry. The broader AITX leadership and its subsidiaries draw on deep expertise across security, law enforcement, and robotics innovation, supporting the Company's ability to deliver proven, practical, and scalable solutions.

AITX and its subsidiaries maintain a robust sales pipeline that includes over 35 Fortune 500 companies, with expanding opportunities across its subsidiaries. The Company expects continued growth as these opportunities convert into deployed clients generating recurring revenue streams, with significant potential for expansion within each account.

The Company's solutions are deployed across a wide range of industries including enterprises, government, transportation, critical infrastructure, education, and healthcare.


To learn more, visit www.aitx.ai, www.radsecurity.com, www.stevereinharz.com, www.raddog.ai, www.radgroup.ai, www.saramonitoring.ai, and www.radlightmyway.com, or follow Steve Reinharz on X @SteveReinharz.

CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS

The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the "Company"). The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. As such, there are no assurances whatsoever that the Company will meet its expectations with respect to its future revenues, sales volume, becoming cash flow positive, ARR or RMR. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price.

For purposes of the Company's disclosures, "Artificial Intelligence" refers to machine-based systems designed to operate with varying levels of autonomy that, for a given set of human defined objectives, can make predictions, recommendations, or decisions influencing real or virtual environments. In the context of the Company's business, Artificial Intelligence is deployed primarily within the security services and property management industries to support functions such as detection, analysis, prioritization, communication, and response related to safety, security, and operational events.

The Company delivers these capabilities principally through its SARA™ (Speaking Autonomous Responsive Agent) platform, which serves as the Company's primary agentic artificial intelligence system. SARA is designed to receive and process video, audio, and other sensor data, apply automated analysis and inference, and support actions in accordance with predefined operational objectives and human oversight.

Further note that the Company's Board of Directors oversees the Company's deployment of Artificial Intelligence.

###

Doug Clemons
248-270-8273
doug.c@radsecurity.com

____________________________
1 https://www.buildingsecurity.com/statistics/retail-theft/
2 https://www.ibisworld.com/united-states/market-research-reports/security-services-industry/


FAQ

What did AITX (AITX) announce in this 8-K filing?

AITX disclosed that its subsidiary RAD converted a retail security pilot into a long-term deployment of two ROSA devices on a recurring monthly revenue agreement, while the customer explores broader expansion opportunities across its portfolio of retail and shopping center properties.

Who is the customer in AITX (AITX) RAD’s new long-term deployment?

The customer is described as a major retail property management organization that oversees a portfolio measured in the hundreds of retail and shopping center properties across North America, though the filing notes that the organization remains unnamed in the disclosure.

How are AITX’s ROSA and SARA solutions used in this retail deployment?

ROSA devices provide interior after-hours security, detecting unauthorized individuals, issuing automated voice deterrence, and alerting monitoring staff. The SARA platform adds agentic AI capabilities, delivering autonomous phone notifications, escalation workflows, and real-time communication during potential security incidents at the retail property.

How long did the AITX RAD pilot deployment run before becoming long-term?

The pilot was initially expected to last about 30 days but ultimately remained active for nearly three months. During that period, the customer collaborated with RAD to refine system placement, coverage, and workflows around the property’s specific operational security requirements.

What market context does AITX (AITX) highlight for its security solutions?

AITX cites U.S. retailers’ estimated $45 billion in 2024 shoplifting losses and a nearly $50 billion U.S. security and guarding services industry. Its Solutions-as-a-Service offerings aim to deliver 35% to 80% cost savings versus traditional manned security approaches, according to the company.

What recurring revenue opportunity does this AITX deployment create?

The two ROSA devices now operate under a recurring monthly revenue agreement, replacing the temporary pilot structure. The filing also notes ongoing discussions about potential expansion to additional properties, which could increase recurring revenue if more units are deployed across the customer’s portfolio.

Filing Exhibits & Attachments

6 documents