“It’s been a busy week for RAD, and our sales pipeline is flowing well,” said Mark Folmer President of RAD. “In this week alone, we’ve booked two AVA units, one Wally device, four ROSAs, plus signed a new dealer, and it’s only Wednesday night.”
The Company commented that additional details regarding the new authorized dealer and several of the individual sales orders are expected to be released in the future.
“It’s mid-May and our efforts at ISC West just seven weeks ago are starting to bear fruit,” said Steve Reinharz, CEO of AITX. “The nice seven device orders so far this week plus the new dealer coming onboard is a good sign of the sales pace we expect to see. With the variety of devices booked this week, plus having delivered a few ROAMEOs and SCOTs around the nation over the last few days, it’s been a whirlwind for RAD lately,” Reinharz added.
With the addition of the new authorized dealer, RAD’s dealer network has expanded to 39, covering the US, Canada, and the European Union.
RAD’s parent company AITX intends to file for listing on the OTCQB within 10 days of filing its YE2022 10-K which is expected in May.
ROSA is a compact, self-contained, portable, security and communication solution that can be deployed in about 15 minutes. Like other RAD solutions, it only requires power as it includes all necessary communications hardware. ROSA’s AI-driven security analytics include human and vehicle detection, license plate recognition, responsive digital signage and audio messaging, and complete integration with RAD’s software suite notification and autonomous response library. Two-way communication is optimized for cellular, including live video from ROSA’s dual high-resolution, full-color, always-on cameras. RAD has published two Case Studies detailing how ROSA has helped eliminate instances of theft, trespassing and loitering at car rental locations and construction sites across the country.
https://www.globenewswire.com/news-release/2022/05/12/2441998/0/en/AITX-s-Subsidiary-Robotic-Assistance-Devices-Signs-New-Dealer-Receives-Multiple-ROSA-AVA-and-Wally-Orders.html