Artificial Intelligence Tech Solutions Inc (OTCMKTS:AITX) rallied north after pulling back from lows of $0.006 up 48% on Friday alone, closing off the day’s high of $0.011 at around $850K in volume. . AITX has been one of the biggest frontrunners in penny stocks in 2021, jumping from several zeros to heights near $0.30 a share. Now that the stock has built off a fraction of its previous value and appears to have formed a clear bottom, selling has dried up investors’ accumulation. AITX is an exciting story developing in small businesses, through its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), the company steps into the global security services market in excess of $100 billion. AITX is SEC filing and recently filed to list its stock for full OTCQB reporting.
Robotic Assistance Devices, Inc. (RAD) Significant Sales Reporting; The company recently received multiple orders, totaling 33 units, to be delivered to four different customers. The product mix of the 33 security devices ordered since the last public announcement is 28 ROSAs and five TOMs. Earlier this month, they received another order for 2 ROAMEO Portable Safety Robots. RAD has also just been named winner of the 2022 AST ‘ASTORS’ AI Firearm Detection AI Award in the category of Best Metal/Weapon Detection Solution, and RAD Light My Way in the category of Best Alert Alert System. An event attended by thousands of security, government and public safety industry professionals in New York City.
Artificial intelligence technology solutions a company (OTCMKTS: AITX) through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the $25 billion (US) security & janitorial services industry through its broad portfolio of innovative solutions-as-a-service businesses. Model. RAD solutions are specifically designed to provide business cost savings of 35%-80% compared to the current costly manned security and surveillance model in the industry. RAD provides this massive cost savings across a range of fixed and mobile robotic solutions that complement and, at times, replace the need for personnel working in environments better suited to machines. All RAD technologies, AI-based analytics, and software platforms are developed in-house. RAD has a sales pipeline of over 35 Fortune 500 companies and many other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into established customers that generate a recurring revenue stream. Every Fortune 500 customer has the potential to make many reorders over time. rad Include security bots SCOT™, ROSA180™, Wally™, Wally HSO™, AVA™ or ROAMEO™ consumer software tools including RAD Light My Way and the RAD Device Placement System.
Robotic Assistive Device (RAD’s) Light My Way™ Offers property managers a new and better way to handle night security on their properties. The first solution of its kind, it puts the power of security in the hands of employees, tenants and visitors through a combination of affordable smart and interactive technology, a mobile app, and live remote monitoring and response services. He noticed the commercial real estate market. RAD Light My Way recently won two Secure Campus 2022 Awards from Campus Security & Life Safety Magazine. In October 2021, RAD Light My Way with RAD’s ROSA won the 2021 CBRE Award for Best Workplace Experience Solution.
The mission of AI Technology Solutions is to apply Artificial Intelligence (AI) technology to solve enterprise problems that are categorized as expensive, repetitive, challenging for employees and outside the core competencies of a customer organization. RAD’s premier industrial focus is the more than $100 billion global security services market. RAD’s current goal is to disrupt and capture a large portion of the human security guard market (over $30 billion) and “physical security” (video surveillance, access control, visitor management, etc.) (over $20 billion) through the system. Environmental solution RAD. RAD’s current goal is to disrupt and capture a large portion of the human security guard market (over $30 billion)2 and the “physical security” market (video surveillance, access control, visitor management, etc.) (over $20 billion) Through an innovative RAD solution system.
Rosa It is a compact, stand-alone, mobile security and communications solution that can be deployed in about 15 minutes. Like other RAD solutions, it requires only power as it includes all necessary communication hardware. ROSA’s AI-powered security analytics include human and vehicle detection, license plate recognition, responsive digital signage and voice messages, and full integration with RAD’s software suite notification and standalone 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 cases of theft, trespassing, and loitering at rental car locations and construction sites across the country. (Photo: Rosa pinned 7/11 in Pittsburgh)
AVA It is a compact, pedestal unit that provides an edge-to-edge 180-degree field of view with advanced access control through gates and other controlled entry points. AVA takes full advantage of RAD’s software suite providing an ideal solution for logistics and distribution centers, warehousing yards, parking structures and parking lots, and corporate campuses; Anywhere increased visibility is needed at a fraction of the cost. At ISC West in late March, AVA was named the winner of the 2022 SIA Awards for New Products and Solutions in the Access Control Software, Hardware, Hardware and Peripherals category.
AITX $ “These six new dealers have already added to RAD’s sales pipeline, and we look forward to supporting every opportunity,” said Mark Vollmer, President of RAD.# Thoughts @employee @employee@employee @employee @employee #RThttps://t.co/EMTbrLVAwn pic.twitter.com/RMBWTSHM11
– Penny Stocks (ProPennyPicks) November 17, 2022
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AITX $ 40 long hours… I rarely think about FML, what am I doing? And in a fraction of the moment I answer the question: I am powered by 115k+ aitx contributors who see the vision, see the progress, and drive us forward along with happy customers, dealers, and team members. ❤️❤️❤️ Onwards! pic.twitter.com/MknejPxFzS
– Steve Reinharz (@SteveReinharz) November 16, 2022
Earlier this month, the company announced that its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD) has received an order for 2 ROAMEO mobile safety robots. This order, a capital purchase being facilitated through one of RAD’s largest authorized dealers, will see ROAMEO deployed at the utility company’s main offices, and the other at one of their field locations. This customer recently placed an order for an AVA access control bot announced through a press release on November 3, 2022. The company expects to publicly announce the end user in the near future as the customer has expressed support for making this public.
RAD has confirmed that these will be next-generation ROAMEO 3.0 units and will be deployed in the summer of 2023. ROAMEO 3.0 builds on thousands of hours of ROAMEO 2.0 field deployment, with upgrades including increased speed and mobility, lower production costs, and faster production time, and is powered by RAD-G’s RADPack.
This follows the announcement in the past months that Robotic Assistance Devices, Inc. (RAD) Multiple orders, totaling 33 units, to be delivered to four different customers. The product mix of the 33 security devices ordered since the last public announcement is 28 ROSAs and five TOMs. RAD’s ROSA has received industry recognition for its independent ability to detect and deter trespassing and other property intrusions without the need for manned guard assistance. Vollmer confirmed that all 26 ROSAs will be deployed at one of the customer’s distribution centers.
On November 18, AITX announced that Robotic Assistance Devices Inc. (RAD) its wholly owned subsidiary AST awarded the 2022 AI Firearm Detector AI Award in the category of Best Metal/Weapon Detection Solution, and for RAD Light My Way in the category of Best Alert Alert System. Thousands of security, government and public safety industry professionals converged on New York City on Wednesday to meet with experts from the industry’s leading innovators at ISC East, the Northeast’s largest physical security and IT security trade show for a preview of the latest security technology.
Steve Reinharz, CEO of AITX and RAD stated: “Receiving two AST ASTORS Awards for our latest software and hardware solutions is a great honor. We are very grateful for the recognition from American Security Today and look forward to the continued acceptance and deployment of these solutions by the security and #PropTech industries.”
– Steve Reinharz (@SteveReinharz) November 18, 2022
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AITX is currently trading at a market valuation of $38 million Just under $1 million in treasury and $5.8 million in assets with just over $30 million in liabilities. Much of the existing RAD convertible debt has been acquired to support the RAD/SMP botnet. This convertible debt has been largely converted into long-term debt and guarantees and will not cause short-term relief. These figures do not include non diluted The $3.5 million the company recently raised is one of the largest shareholder as Steve Reinharz reduced his fully diluted ownership stake of 65% to 54% AITX is a thriller that develops in lowercase, in which Robotic Assistance Devices, Inc. (RAD) subsidiary moves into the $100+ billion global security services market and is achieving great success under the able leadership of Steve Reinhards. AITX was one of the biggest frontrunners in 2021, jumping to highs near $0.30 a share. At current levels, AITX has a huge gap to fill, ready liquidity, and a plethora of investors who accumulate steadily at current levels. We’ll update on AITX when more details emerge, so make sure you subscribe to Microcapdaily.
Disclosure: We do not hold any position in AITX either long or short and we have not been compensated for this article.
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