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Artificial Intelligence Technology Solutions Inc AITX

Artificial Intelligence Technology Solutions Inc. is engaged in the delivery of artificial intelligence (AI) and robotic solutions for operational, security, and monitoring needs. The Company is focused on applying advanced AI-driven technologies, paired with multi-use hardware, and supported by custom software and cloud services, to intelligently automate and integrate a range of high-frequency security, concierge, and operational tasks. It owns and operates three wholly owned subsidiaries, which are Robotic Assistance Devices, Inc. (RAD I), Robotic Assistance Devices Group, Inc. (RAD G) and Robotic Assistance Devices Mobile, Inc. (RAD M). RAD I owns the intellectual property related to RADSoC, RAD Mobile SOC, RADGuard, and their core operating architecture. RAD G is focused on the development of advanced software and electronics solutions. RAD M is focused on the development of autonomous mobile devices, both ground-based and airborne. Its solutions are suited to various industries.


OTCPK:AITX - Post by User

Post by AveragePennyon Apr 19, 2022 11:50am
42 Views
Post# 34613388

AITX's Subsidiary Robotic Assistance Devices Receives Multip

AITX's Subsidiary Robotic Assistance Devices Receives Multip

The Company did confirm that the 2 ROAMEO mobile security robots are expected to be deployed in May or June at two of the client’s logistics centers. “This single, multiple unit order is such a tremendous opportunity to us to showcase the power of the RAD Ecosystem,” said Steve Reinharz, CEO of AITX. “At one location, the 3 stationary ROSAs and one mobile ROAMEO will be communicating and coordinating the facility’s security. The ROSA units will be able to dispatch ROAMEO to specific coordinate immediately upon their detection of a suspicious incident,” Reinharz continued.

“This is the world’s first deployment that we’re aware of where a stationary robot ‘calls’ a mobile robot to be the first responder,” said Mark Folmer, RAD President. “We expect his type of autonomous and automated security to become the de facto standard as it’s simply impossible for every organization that wants security officers to find, keep and afford them.”

The Company also confirmed that the previously announced ROAMEO and ROSA order from one of the nation’s largest vehicle retailers will be deployed on April 25. “It is such an exciting time right now with ROAMEO, ROSA and all other RAD solutions being deployed, and taking their positions at our clients’ facilities,” Reinharz concluded.

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

ROAMEO is a mobile security robot that is nearly 7 ft. tall and weighs over 700 lbs. ROAMEO is built to autonomously patrol a property or periphery and survey its surroundings, conducting routine patrols, recording, communicating with other RAD devices, and reporting back to the central command center. In ideal conditions, ROAMEO can reach speeds up to 12 mph.

https://www.globenewswire.com/news-release/2022/04/19/2424477/0/en/AITX-s-Subsidiary-Robotic-Assistance-Devices-Receives-Multiple-ROAMEO-and-ROSA-Order-from-Leading-Global-Logistics-Company.html

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