Artificial Intelligence Techno Stock Price, News & Analysis

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.

Artificial Intelligence Technology Solutions announced its subsidiary, Robotic Assistance Devices (RAD), has secured an order for 8 ROSA security robots from a dealer partner. These robots will be deployed in a gated California community, enhancing security through autonomous monitoring.

RAD's President noted this order aligns with their sales expectations, anticipating a record quarter. AITX is also pursuing uplisting to the OTCQB, with future updates on this application expected.

Artificial Intelligence Technology Solutions (AITX) announced a strategic revision to roll out a new robotic dog named 'CASSIE', targeting security services, logistics, utilities, and property management industries. CEO Steve Reinharz emphasized the emergence of a cost-conscious market, prompting the development of this entry-level model. CASSIE will be manufactured in Detroit and is part of a growing sector projected to reach $14 billion by 2030. Additionally, AITX has filed for uplisting to the OTCQB, with future updates expected.

Artificial Intelligence Technology Solutions (OTCPK: AITX) announced that proceeds from its ROSA NFT program will support the Bailey's Gift campaign, aimed at donating 10 ROSA security robots to underfunded K-12 schools in the US. CEO Steve Reinharz highlighted the overwhelming response to the campaign, which may expand to support up to 35 additional units. The campaign is named in memory of Bailey Holt, a shooting victim. 3,333 ROSA NFTs will mint, priced at 0.07 ETH. AITX is also pursuing uplisting to the OTCQB.

Artificial Intelligence Technology Solutions, Inc. (AITX) announced a significant order for 2 AVA autonomous security robots from a leading global distribution company. This order, facilitated by a major dealer, marks the entry of a new client for RAD. The AVA units are designed to improve access control efficiently, addressing labor shortages in the logistics industry. AITX is also pursuing uplisting to the OTCQB, indicating growth potential. The AVA units have been recognized with the 2022 SIA New Products and Solutions Award.

Artificial Intelligence Technology Solutions (OTCPK: AITX) has expanded its dealer network by signing two new authorized dealers in Tallahassee, Florida and Corpus Christi, Texas. These dealers have already placed orders for two ROSA security robots. RAD's network now includes 46 dealers across the US, Canada, the UK, and the EU. CEO Steve Reinharz expressed optimism, citing enhanced sales opportunities due to increased dealer presence. Furthermore, AITX has filed for uplisting to the OTCQB.