Latest news with #RAD-I
Yahoo
21-05-2025
- Business
- Yahoo
AITX Expands in $50B Security Market as AI Replaces the Security Staff
Company Scales Deployment of Voice-Interactive Devices, Targeting Operational Profitability and Market Leadership Detroit, Michigan, May 21, 2025 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the 'Company') (OTCPK:AITX), a global leader in AI-driven security and productivity solutions, today issued a strategic update spotlighting the Company's accelerating growth, expanding deployments, and growing influence across the $50 billion security services market1. While many startups continue to speculate about the future of AI, AITX is actively delivering it, with nearly a thousand autonomous devices deployed and a rapidly scaling base of recurring monthly revenue. Earlier this year, AITX reported unaudited fiscal 2025 revenues of $6.13 million, a 275% increase over the prior year. This performance reflects accelerating adoption of its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD-I's), autonomous devices and continued expansion of the Company's recurring monthly revenue base. AITX anticipates filing its audited Form 10-K by the end of May 2025 and has projected fiscal 2026 revenues in the range of $12 million to $18 million. AITX's suite of autonomous solutions, delivered through RAD-I, is now active across a wide range of industries including healthcare, education, logistics, retail, and residential security. With proven deployments in corporate campuses, construction sites, hospital networks, and urban districts, the Company's AI-powered devices are not theoretical concepts. They are working assets in the field, reducing incidents, improving safety, and replacing costly human guard services. The Company's growth is anchored by its expanding base of recurring monthly revenue, generated through the deployment of RAD-I's devices and platforms. Each unit placed in service contributes to a subscription-based revenue model that offers financial stability and long-term client retention. The Company has reported two consecutive years of triple-digit revenue growth and continues to advance toward its operational profitability target and stated goal of a NASDAQ uplisting by 2028. Unlike legacy security providers and software-only startups, AITX controls the entire technology stack across hardware, software, and AI. Through its vertically integrated structure and innovation-driven subsidiaries, the Company delivers real-time autonomous engagement, not just passive alerts or analytics. Solutions like ROAMEO, ROSA, RIO, AVA, and RADCam all operate on the same AI backbone, enabling consistent performance, rapid deployment, and cost-effective scalability. As part of its commitment to openness and direct engagement, the Company will host a Ask Me Anything (AMA) session on Saturday, June 8, 2025. The event, featuring Steve Reinharz, founder, CEO and CTO of AITX, will provide an unfiltered look at AITX's strategy, progress, and vision. Open to the public, the session reflects the Company's belief that accountability, curiosity, and communication are vital as it continues to scale and lead in the AI security space. 'We've built this Company on execution, not speculation,' commented Reinharz. 'While others are still pitching ideas or waiting for capital, we're shipping product, earning revenue, and scaling real-world deployments. We believe our disciplined approach, combined with relentless innovation, is exactly what this market needs and what the public should be watching closely.' With over one thousand devices deployed or awaiting deployment, a robust pipeline of new opportunities, and a proven model for replacing outdated security infrastructure, AITX is establishing itself as a force in the transformation of physical security. As organizations across sectors look to automate, reduce costs, and improve response times, AITX and RAD-I continue to demonstrate how intelligent, autonomous solutions can meet the moment. AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the nearly $50 billion (US) security and guarding services industry through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD delivers these tremendous cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house. The Company's operations and internal controls have been validated through successful completion of its SOC 2 Type 2 audit, reinforcing the Company's credibility with enterprise and government clients who require strict data protection and security compliance. RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time. 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, RAD-R, RAD-M and RAD-G 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 staff 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 and 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'). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. 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. There is no guarantee that the Company will meet its projected fiscal 2026 revenues in the range of $12 million to $18 million or that it will successfully achieve a NASDAQ listing. 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. ### Steve Reinharz949-636-7060@SteveReinharz 1
Yahoo
21-05-2025
- Business
- Yahoo
AITX Expands in $50B Security Market as AI Replaces the Security Staff
Company Scales Deployment of Voice-Interactive Devices, Targeting Operational Profitability and Market Leadership Detroit, Michigan, May 21, 2025 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the 'Company') (OTCPK:AITX), a global leader in AI-driven security and productivity solutions, today issued a strategic update spotlighting the Company's accelerating growth, expanding deployments, and growing influence across the $50 billion security services market1. While many startups continue to speculate about the future of AI, AITX is actively delivering it, with nearly a thousand autonomous devices deployed and a rapidly scaling base of recurring monthly revenue. Earlier this year, AITX reported unaudited fiscal 2025 revenues of $6.13 million, a 275% increase over the prior year. This performance reflects accelerating adoption of its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD-I's), autonomous devices and continued expansion of the Company's recurring monthly revenue base. AITX anticipates filing its audited Form 10-K by the end of May 2025 and has projected fiscal 2026 revenues in the range of $12 million to $18 million. AITX's suite of autonomous solutions, delivered through RAD-I, is now active across a wide range of industries including healthcare, education, logistics, retail, and residential security. With proven deployments in corporate campuses, construction sites, hospital networks, and urban districts, the Company's AI-powered devices are not theoretical concepts. They are working assets in the field, reducing incidents, improving safety, and replacing costly human guard services. The Company's growth is anchored by its expanding base of recurring monthly revenue, generated through the deployment of RAD-I's devices and platforms. Each unit placed in service contributes to a subscription-based revenue model that offers financial stability and long-term client retention. The Company has reported two consecutive years of triple-digit revenue growth and continues to advance toward its operational profitability target and stated goal of a NASDAQ uplisting by 2028. Unlike legacy security providers and software-only startups, AITX controls the entire technology stack across hardware, software, and AI. Through its vertically integrated structure and innovation-driven subsidiaries, the Company delivers real-time autonomous engagement, not just passive alerts or analytics. Solutions like ROAMEO, ROSA, RIO, AVA, and RADCam all operate on the same AI backbone, enabling consistent performance, rapid deployment, and cost-effective scalability. As part of its commitment to openness and direct engagement, the Company will host a Ask Me Anything (AMA) session on Saturday, June 8, 2025. The event, featuring Steve Reinharz, founder, CEO and CTO of AITX, will provide an unfiltered look at AITX's strategy, progress, and vision. Open to the public, the session reflects the Company's belief that accountability, curiosity, and communication are vital as it continues to scale and lead in the AI security space. 'We've built this Company on execution, not speculation,' commented Reinharz. 'While others are still pitching ideas or waiting for capital, we're shipping product, earning revenue, and scaling real-world deployments. We believe our disciplined approach, combined with relentless innovation, is exactly what this market needs and what the public should be watching closely.' With over one thousand devices deployed or awaiting deployment, a robust pipeline of new opportunities, and a proven model for replacing outdated security infrastructure, AITX is establishing itself as a force in the transformation of physical security. As organizations across sectors look to automate, reduce costs, and improve response times, AITX and RAD-I continue to demonstrate how intelligent, autonomous solutions can meet the moment. AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the nearly $50 billion (US) security and guarding services industry through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD delivers these tremendous cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house. The Company's operations and internal controls have been validated through successful completion of its SOC 2 Type 2 audit, reinforcing the Company's credibility with enterprise and government clients who require strict data protection and security compliance. RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time. 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, RAD-R, RAD-M and RAD-G 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 staff 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 and 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'). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. 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. There is no guarantee that the Company will meet its projected fiscal 2026 revenues in the range of $12 million to $18 million or that it will successfully achieve a NASDAQ listing. 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. ### Steve Reinharz949-636-7060@SteveReinharz 1
Business Mayor
05-05-2025
- Business
- Business Mayor
AITX Disrupts $50B Security Industry: New AI Camera Slashes Security Costs by 80% for Businesses
AITX has announced the expansion of its RADCam AI-powered security device into SMB and enterprise markets, supplementing its existing residential solution. The company's subsidiary RAD-I is developing specialized software versions for small-to-medium businesses and integrating RADCam with their RADSoC platform. The SMB version will feature SARA, an AI security assistant, while the enterprise version will integrate with RAD's central command software. Both versions are scheduled for rollout by Q3 2025, with the SMB configuration launching first. This expansion aims to tap into higher recurring revenue potential and can be fulfilled immediately using existing inventory. RAD-I's solutions provide 35%-80% cost savings compared to traditional security services, targeting the $50 billion security and guarding services industry. The company currently has a sales pipeline including over 35 Fortune 500 companies. AITX ha annunciato l'espansione del suo dispositivo di sicurezza AI-powered RADCam nei mercati SMB e enterprise, integrando la sua soluzione residenziale esistente. La controllata RAD-I sta sviluppando versioni software specializzate per le piccole e medie imprese e integrando RADCam con la loro piattaforma RADSoC. La versione SMB includerà SARA, un assistente di sicurezza AI, mentre la versione enterprise si integrerà con il software di comando centrale di RAD. Entrambe le versioni sono previste per il lancio entro il terzo trimestre 2025, con la configurazione SMB che verrà rilasciata per prima. Questa espansione mira a sfruttare un potenziale maggiore di ricavi ricorrenti e può essere realizzata immediatamente utilizzando l'inventario esistente. Le soluzioni di RAD-I offrono risparmi sui costi dal 35% all'80% rispetto ai servizi di sicurezza tradizionali, puntando all'industria della sicurezza e dei servizi di vigilanza da 50 miliardi di dollari. Attualmente, l'azienda ha un portafoglio clienti che include oltre 35 aziende Fortune 500. AITX ha anunciado la expansión de su dispositivo de seguridad impulsado por IA RADCam hacia los mercados PYMES y empresariales, complementando su solución residencial existente. La subsidiaria de la compañía, RAD-I, está desarrollando versiones especializadas de software para pequeñas y medianas empresas e integrando RADCam con su plataforma RADSoC. La versión para PYMES contará con SARA, un asistente de seguridad con IA, mientras que la versión empresarial se integrará con el software de comando central de RAD. Ambas versiones están programadas para su lanzamiento en el tercer trimestre de 2025, con la configuración para PYMES siendo la primera en salir. Esta expansión busca aprovechar un mayor potencial de ingresos recurrentes y puede implementarse de inmediato utilizando el inventario existente. Las soluciones de RAD-I ofrecen ahorros de costos del 35% al 80% en comparación con los servicios de seguridad tradicionales, apuntando a la industria de servicios de seguridad y vigilancia de 50 mil millones de dólares. Actualmente, la empresa cuenta con una cartera de ventas que incluye más de 35 compañías Fortune 500. AITX는 기존 주거용 솔루션을 보완하여 RADCam AI 기반 보안 장치를 중소기업 및 엔터프라이즈 시장으로 확장한다고 발표했습니다. 자회사 RAD-I는 중소기업용 특화 소프트웨어 버전을 개발하고 RADCam을 RADSoC 플랫폼과 통합하고 있습니다. 중소기업 버전에는 AI 보안 어시스턴트인 SARA가 탑재되며, 엔터프라이즈 버전은 RAD의 중앙 명령 소프트웨어와 통합됩니다. 두 버전 모두 2025년 3분기까지 출시될 예정이며, 중소기업 구성부터 먼저 선보일 계획입니다. 이번 확장은 더 높은 반복 수익 잠재력을 활용하는 것을 목표로 하며, 기존 재고를 활용해 즉시 공급할 수 있습니다. RAD-I의 솔루션은 전통적인 보안 서비스 대비 35%에서 80%까지 비용 절감을 제공하며, 500억 달러 규모의 보안 및 경비 서비스 산업을 목표로 합니다. 현재 회사는 35개 이상의 Fortune 500 기업을 포함한 판매 파이프라인을 보유하고 있습니다. Read More How CTOs can win over the board room AITX a annoncé l'expansion de son dispositif de sécurité alimenté par IA RADCam vers les marchés PME et entreprises, complétant ainsi sa solution résidentielle existante. La filiale de la société, RAD-I, développe des versions logicielles spécialisées pour les petites et moyennes entreprises et intègre RADCam à leur plateforme RADSoC. La version PME comprendra SARA, un assistant de sécurité IA, tandis que la version entreprise s'intégrera au logiciel de commande central de RAD. Les deux versions sont prévues pour un déploiement d'ici le troisième trimestre 2025, avec la configuration PME lancée en premier. Cette expansion vise à exploiter un potentiel plus élevé de revenus récurrents et peut être réalisée immédiatement en utilisant le stock existant. Les solutions de RAD-I offrent des économies de coûts de 35 % à 80 % par rapport aux services de sécurité traditionnels, ciblant l'industrie des services de sécurité et de gardiennage de 50 milliards de dollars. L'entreprise dispose actuellement d'un portefeuille de ventes comprenant plus de 35 entreprises du Fortune 500. AITX hat die Erweiterung seines KI-gestützten Sicherheitsgeräts RADCam auf die KMU- und Unternehmenskundenmärkte angekündigt und ergänzt damit seine bestehende Wohnlösung. Die Tochtergesellschaft RAD-I entwickelt spezialisierte Softwareversionen für kleine und mittlere Unternehmen und integriert RADCam in ihre RADSoC-Plattform. Die KMU-Version wird SARA, einen KI-Sicherheitsassistenten, enthalten, während die Unternehmensversion in die zentrale Kommando-Software von RAD integriert wird. Beide Versionen sollen bis zum dritten Quartal 2025 eingeführt werden, wobei die KMU-Konfiguration zuerst auf den Markt kommt. Diese Expansion zielt darauf ab, ein höheres Potenzial für wiederkehrende Einnahmen zu erschließen und kann sofort mit bestehendem Lagerbestand umgesetzt werden. Die Lösungen von RAD-I bieten Kosteneinsparungen von 35 % bis 80 % im Vergleich zu traditionellen Sicherheitsdiensten und richten sich an die 50-Milliarden-Dollar-Sicherheits- und Bewachungsindustrie. Das Unternehmen verfügt derzeit über eine Vertriebspipeline mit über 35 Fortune-500-Unternehmen. Positive Immediate deployment capability with existing inventory, requiring no additional capital Expansion into SMB and enterprise markets offers higher recurring revenue potential Cost savings of 35-80% compared to traditional security services Strong sales pipeline with over 35 Fortune 500 companies Multiple revenue streams through residential, SMB, and enterprise solutions Negative Product rollout not immediate – scheduled for Q3 2025 Currently trading on OTC Pink markets, indicating lower tier exchange listing 05/05/2025 – 08:40 AM New Uses Significantly Expands RADCam Earnings and Deployment Opportunities Detroit, Michigan–(Newsfile Corp. – May 5, 2025) – Artificial Intelligence Technology Solutions, Inc. (OTC Pink: AITX) (the 'Company'), through its subsidiary Robotic Assistance Devices, Inc. (RAD-I), today announced the expansion of RADCam™, its innovative AI-powered security device, into two additional distinct product lines to supplement the current residential solution positioning. Specifically, the Company is building RADCam software versions to specifically cater to high frequency small-to-medium business (SMB) needs. Furthermore, RADCam will have software modifications that allow it to be used on RAD-I's primarily platform, RADSoC™. RADCam on RADSoC effectively creates, within certain circumstances, a 'ROSA-mini' type solution that complements the current enterprise solutions offerings. To view an enhanced version of this graphic, please visit: These new configurations significantly expand RADCam's addressable market beyond residential use. With higher recurring revenue potential in the SMB and enterprise segments, the Company expects stronger margin contributions. Additionally, with inventory already in hand, RAD-I can begin fulfilling demand immediately, generating positive cash flow without requiring additional capital outlay. 'This expansion of RADCam into multiple market segments has always been part of our vision,' said Steve Reinharz, CEO/CTO of AITX and all RAD subsidiaries. 'We built RADCam with the flexibility to scale, evolve, and adapt to the needs of a wide range of clients. Whether it is a family looking to protect their home, a small business securing its storefront, or an enterprise managing hundreds of locations, RADCam is designed to deliver smart, responsive, and efficient security. This milestone marks another important step toward our goal of redefining the future of property protection through intelligent, AI-driven solutions.' Each version of RADCam is optimized for its intended environment. The residential model prioritizes simplicity and ease of use, with rapid emergency contact features and AI-powered deterrence accessible through the RADCam app. The SMB version builds on this foundation by supporting advanced features like SARA, RAD-I's AI-based security assistant, enabling real-time interactions and enhanced threat detection for storefronts, offices, and other commercial properties. For enterprise clients, the upcoming RADCam configuration integrates with RAD-I's central command software, RADSoC, offering large-scale coordination, multi-site visibility, and seamless management of security events across a distributed footprint. 'RADCam SMB and RADCam Enterprise bring our dealers new solutions to solve client challenges,' said Mark Folmer, CPP, PSP, President of RAD-I. 'There is a real sense of excitement across the security industry as more professionals see the potential of a low-cost, smart, interactive device that actively helps protect people and property. With this expansion, RADCam is no longer just a breakthrough in residential security, it is becoming a foundational tool for businesses and enterprises looking to modernize their security posture without adding headcount. The interest we are seeing from integrators, dealers, and end-users alike confirms we are bringing something truly valuable to the market.' Both the SMB and enterprise versions of RADCam are scheduled for phased rollout in or before the third quarter of calendar year 2025. The SMB configuration is expected to become available first, offering an accessible solution for businesses seeking immediate improvements in site security and responsiveness. The enterprise model, currently undergoing advanced testing, features full RADSoC integration and offers a functionality set similar to a streamlined ROSA™ unit, providing multi-device management, centralized command, and scalable threat detection across complex environments. AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD-I), is redefining the nearly $50 billion (US) security and guarding services industry[i] through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD-I solutions are specifically designed to provide cost savings to businesses of between 35% – 80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD-I delivers these tremendous cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD-I technologies, AI-based analytics and software platforms are developed in-house. RAD-I has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD-I expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time. 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-I, RAD-R, RAD-M and RAD-G 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 staff 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 , , and or follow Steve Reinharz on Twitter @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'). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. 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. 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. ### [i] To view the source version of this press release, please visit FAQ AITX is expanding RADCam into the small-to-medium business (SMB) and enterprise markets, in addition to its existing residential market presence. The new versions are scheduled for phased rollout by Q3 2025, with the SMB configuration launching first. RAD-I's solutions provide cost savings of 35-80% compared to traditional manned security guarding and monitoring services. AITX has a prospective sales pipeline of over 35 Fortune 500 companies. The SMB version includes SARA (AI-based security assistant) for real-time interactions and threat detection, while the enterprise version integrates with RADSoC for multi-site visibility and centralized command capabilities. READ SOURCE
Yahoo
05-05-2025
- Business
- Yahoo
RADCam Evolves: AITX's RAD-I Launches Full-Scale Entry into SMB and Enterprise Markets
New Uses Significantly Expands RADCam Earnings and Deployment Opportunities Detroit, Michigan--(Newsfile Corp. - May 5, 2025) - Artificial Intelligence Technology Solutions, Inc. (OTC Pink: AITX) (the "Company"), through its subsidiary Robotic Assistance Devices, Inc. (RAD-I), today announced the expansion of RADCam™, its innovative AI-powered security device, into two additional distinct product lines to supplement the current residential solution positioning. Specifically, the Company is building RADCam software versions to specifically cater to high frequency small-to-medium business (SMB) needs. Furthermore, RADCam will have software modifications that allow it to be used on RAD-I's primarily platform, RADSoC™. RADCam on RADSoC effectively creates, within certain circumstances, a 'ROSA-mini' type solution that complements the current enterprise solutions offerings. To view an enhanced version of this graphic, please visit: These new configurations significantly expand RADCam's addressable market beyond residential use. With higher recurring revenue potential in the SMB and enterprise segments, the Company expects stronger margin contributions. Additionally, with inventory already in hand, RAD-I can begin fulfilling demand immediately, generating positive cash flow without requiring additional capital outlay. "This expansion of RADCam into multiple market segments has always been part of our vision," said Steve Reinharz, CEO/CTO of AITX and all RAD subsidiaries. "We built RADCam with the flexibility to scale, evolve, and adapt to the needs of a wide range of clients. Whether it is a family looking to protect their home, a small business securing its storefront, or an enterprise managing hundreds of locations, RADCam is designed to deliver smart, responsive, and efficient security. This milestone marks another important step toward our goal of redefining the future of property protection through intelligent, AI-driven solutions." Each version of RADCam is optimized for its intended environment. The residential model prioritizes simplicity and ease of use, with rapid emergency contact features and AI-powered deterrence accessible through the RADCam app. The SMB version builds on this foundation by supporting advanced features like SARA, RAD-I's AI-based security assistant, enabling real-time interactions and enhanced threat detection for storefronts, offices, and other commercial properties. For enterprise clients, the upcoming RADCam configuration integrates with RAD-I's central command software, RADSoC, offering large-scale coordination, multi-site visibility, and seamless management of security events across a distributed footprint. "RADCam SMB and RADCam Enterprise bring our dealers new solutions to solve client challenges," said Mark Folmer, CPP, PSP, President of RAD-I. "There is a real sense of excitement across the security industry as more professionals see the potential of a low-cost, smart, interactive device that actively helps protect people and property. With this expansion, RADCam is no longer just a breakthrough in residential security, it is becoming a foundational tool for businesses and enterprises looking to modernize their security posture without adding headcount. The interest we are seeing from integrators, dealers, and end-users alike confirms we are bringing something truly valuable to the market." Both the SMB and enterprise versions of RADCam are scheduled for phased rollout in or before the third quarter of calendar year 2025. The SMB configuration is expected to become available first, offering an accessible solution for businesses seeking immediate improvements in site security and responsiveness. The enterprise model, currently undergoing advanced testing, features full RADSoC integration and offers a functionality set similar to a streamlined ROSA™ unit, providing multi-device management, centralized command, and scalable threat detection across complex environments. AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD-I), is redefining the nearly $50 billion (US) security and guarding services industry[i] through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD-I solutions are specifically designed to provide cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD-I delivers these tremendous cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD-I technologies, AI-based analytics and software platforms are developed in-house. RAD-I has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD-I expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time. 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-I, RAD-R, RAD-M and RAD-G 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 staff 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 and or follow Steve Reinharz on Twitter @SteveReinharz. CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTSThe 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"). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. 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. 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. ### Steve Reinharz949-636-7060@SteveReinharz [i] To view the source version of this press release, please visit Sign in to access your portfolio
Associated Press
01-05-2025
- Business
- Associated Press
AITX Accelerates Drive to Positive Cash Flow with Increasing Revenues and Over $1 Million Annual Spend Reductions
The Company Continues to Close the Gap to Positive Operational Cash Flow Detroit, Michigan--(Newsfile Corp. - May 1, 2025) - Artificial Intelligence Technology Solutions, Inc. (OTC Pink: AITX) (the 'Company'), today announced it is implementing various efficiencies to achieve over $1.2 million in annualized savings with expectations on full implementation beginning June 1, 2025, with reduced spending expected to be seen in the Q2 quarterly filings. These savings reflect stability in the Gen 4 platform and a focus shift from product creation for solutions such as ROAMEO ™ to a focus on production transition and iterative efficiency improvements. Additionally, the Company is implementing greater efficiencies across cloud services, logistics, and deployment operations. The Company's operational realignment strengthens its financial position as it continues to advance toward its long-term growth objectives. The Company expects that there will be no headcount changes to the approximately 115 team members throughout AITX and its four subsidiaries. [ This image cannot be displayed. Please visit the source: ] To view an enhanced version of this graphic, please visit: 'We have made strategic, thoughtful decisions that significantly lower our monthly cash requirements while maintaining our momentum across all business units,' said Steve Reinharz, CEO of AITX and all RAD subsidiaries. 'These savings, combined with our growth initiatives, accelerate our push toward achieving operational cash flow positivity, a key milestone in our long-term plan to drive shareholder value and expand our leadership position in AI-driven security solutions.' On April 3, 2025, AITX reported unaudited fiscal year 2025 revenues of $6.13 million for the period ending February 28, 2025, representing an increase of nearly 300 percent compared to fiscal year 2024. The Company has forecasted fiscal year 2026 revenues in the range of $12 million to $18 million, supported by growing recurring revenue streams and expanding market adoption of its AI-driven solutions. The growing financial and operational strength of Robotic Assistance Devices, Inc. (RAD-I) has enabled the Company to provide full time resources toward the growth of SARA ™ and Robotic Assistance Devices Group, Inc. (RAD-G). Nearly 20% of AITX's operations will soon be dedicated to these next-generation initiatives, supporting accelerated development without impacting RAD-I's ongoing performance or client commitments. This reallocation reflects the Company's confidence in the substantial market opportunity represented by AI-powered security and automation solutions, opens significant new revenue opportunities all while effecting no increase in headcount or SG&A. With a streamlined cost structure, a growing base of recurring monthly revenue, and expanding opportunities across multiple markets, AITX remains firmly positioned for continued growth. The Company's disciplined operational strategy, combined with its leadership in AI-driven security technologies, is expected to support further progress toward operational profitability and long-term value creation for shareholders. AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD-I), is redefining the nearly $50 billion (US) security and guarding services industry i through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD-I solutions are specifically designed to provide cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD-I delivers these tremendous cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house. RAD-I has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD-I expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time. 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-I, RAD-R, RAD-M and RAD-G 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 staff 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 and or follow Steve Reinharz on Twitter @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'). 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 that the Company will meet its expectations with respect to its future sales volume or becoming cash flow positive or meeting its 2026 forecasted revenues in the range of $12 million to $18 million. 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. 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. Further, sales unit take results should not be interpreted in any way whatsoever as representing actual revenues or otherwise predictive of the Company's future revenues. ### Steve Reinharz 949-636-7060 @SteveReinharz ihttps:// To view the source version of this press release, please visit
