Artificial Intelligence Techno Stock Price, News & Analysis

Artificial Intelligence Technology Solutions (OTCPK: AITX) announced the selection of schools to receive security robots under its Bailey's Gift campaign aimed at enhancing firearm detection in K-12 institutions. Initially set to donate 10 ROSA robots, the initiative has expanded to potentially 45 units through proceeds from ROSA NFT sales. Schools in Michigan, Illinois, Florida, and New Mexico were selected as recipients. AITX is actively accepting further applications and is pursuing an uplisting to the OTCQB.

Artificial Intelligence Technology Solutions (OTCPK: AITX) announced a follow-on order for six ROSA security robots from its largest dealer, expanding RAD's presence in a global retailer's locations. This order reflects RAD's commitment to customer service and retention, as noted by RAD's President Mark Folmer. CEO Steve Reinharz highlighted the ongoing success since launching the pilot program fifteen months ago. AITX has also applied for uplisting to the OTCQB, with future announcements expected regarding this application.

Artificial Intelligence Technology Solutions, Inc. (OTCPK:AITX) announced that its subsidiary, Robotic Assistance Devices, will receive an order for two additional ROAMEO mobile security robots from a leading vehicle retailer. This client previously acquired a ROAMEO and three ROSA devices, which have performed well in property monitoring. The company aims to uplist to the OTCQB. AITX continues to enhance its security offerings with innovative technologies designed for efficient patrolling and reduced costs.

Artificial Intelligence Technology Solutions (AITX) announced that its subsidiary employees will receive stock awards maturing in 48 months. This initiative aims to align employees' long-term goals with those of investors. The CEO, Steve Reinharz, emphasized this as a step toward enhancing value for stakeholders.

The stock awards come with trading restrictions until they vest, and the company plans to issue more shares annually in August. Details of these awards are publicly available online.

Artificial Intelligence Technology Solutions (OTCPK:AITX) announced an order for 3 ROSA security robots from a major software firm with over 25 U.S. offices. These robots will autonomously detect and deter property intrusions, offering clients potential savings of up to 90% in the first year. AITX's subsidiary, Robotic Assistance Devices (RAD), is experiencing increased demand, with multiple orders expected weekly. The company is also pursuing uplisting to OTCQB, with future updates anticipated on this initiative.

Artificial Intelligence Technology Solutions, Inc. (OTCPK:AITX) announced a Letter of Intent with a parochial school on the east coast to deploy two ROSA security robots equipped with firearm detection technology. This deployment marks the integration of RADSoC with existing security camera networks, enabling the company to tap into a vast market of over 420 million cameras projected by 2024. The deployment is scheduled to begin in September, enhancing security measures significantly and expanding RAD's service capabilities.

Artificial Intelligence Technology Solutions (AITX) announced orders for 4 ROSA security robots from dealer partners, deploying 2 units each at locations in Maryland and Chicago. These installations aim to address issues with trespassing and vagrancy. RAD President Mark Folmer noted the rapid sales process, highlighting effective dealer training. Additionally, AITX has applied for uplisting to the OTCQB and will provide updates on this status. The ROSA robot features advanced security analytics, including human and vehicle detection, license plate recognition, and two-way communication.

Artificial Intelligence Technology Solutions (OTCPK: AITX) announced its subsidiary Robotic Assistance Devices (RAD) will unveil the RIO project at the upcoming Global Security Exchange (GSX) in Atlanta on September 12-14. The RIO project is expected to capture a significant share of a $500 million market in recurring revenue. RAD plans to produce and deploy 100 RIO systems this year, enhancing software features for better human-machine interaction. Additionally, AITX is pursuing uplisting to OTCQB, with updates on that application forthcoming.

Artificial Intelligence Technology Solutions (AITX) announced the selection of five schools for its 'Bailey's Gift' campaign, aimed at enhancing school security through firearm detection technology. The program will donate 45 ROSA security robots to underfunded K-12 schools in the U.S. AITX plans to direct proceeds from ROSA NFT sales to support this initiative. Schools in Detroit, Kentucky, and Northern California have been chosen. AITX believes over 100,000 K-12 schools could benefit from this technology. The company has also filed for uplisting to the OTCQB.