Artificial Intelligence Techno Stock Price, News & Analysis

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.

Artificial Intelligence Technology Solutions (AITX), through its subsidiary Robotic Assistance Devices (RAD), launched the 'Bailey's Gift' campaign to donate at least 10 ROSA security robots to underfunded K-12 schools in the US. This initiative, named after Bailey Holt, a school shooting victim, aims to enhance school safety with advanced firearm detection technology. ROSA robots can detect firearms from over 150 feet away, alerting school personnel and law enforcement instantly. Schools can apply for these donations at RAD's official website. AITX is also pursuing uplisting to OTCQB.

Artificial Intelligence Technology Solutions (OTCPK: AITX) announced that its subsidiary, Robotic Assistance Devices (RAD), has secured an order for 5 security robots from a major global logistics firm. Valued in the low six figures, this order enhances the client's total to 44 RAD devices. The client, an existing Fortune 500 partner, is expanding its security solutions. RAD's technology aims to address labor shortages and e-commerce demands in the logistics sector, projected to grow significantly by 2030. AITX is also pursuing uplisting to OTCQB.

Artificial Intelligence Technology Solutions, Inc. (OTCPK: AITX) is optimistic about achieving profitability within 24 months, mainly through its subsidiary, Robotic Assistance Devices (RAD). RAD reports 114 devices on backorder with expectations to exceed 300 new customer orders this fiscal quarter, ending August 31, 2022. Projections indicate 700 to 1,200 units will be on order by February 28, 2023. CEO Steve Reinharz anticipates operational cash flow break-even upon deploying 1,000 to 1,400 units. AITX has also filed for uplisting to OTCQB.

Artificial Intelligence Technology Solutions (AITX) announced that its subsidiary Robotic Assistance Devices (RAD) received an order for two ROSA security robots from a dealer partner. The robots will be used in two convenience store chains to enhance security by detecting and deterring trespassing and loitering. RAD's CEO highlighted the continued success in deploying multiple units, indicating strong demand in small retail markets. Additionally, AITX has filed for uplisting to the OTCQB, with further updates expected.

Artificial Intelligence Technology Solutions, Inc. (OTCPK:AITX) will host an Investor Open House and Press Event on July 18, 2022, at its manufacturing facility, the REX, in Ferndale, Michigan. The event aims to showcase the Company’s innovative safety and security solutions, following a successful firearm detection event in New York City. Attendees can register online. During the event, live demonstrations of RAD's technology will occur, including the ROSA and AVA systems. AITX is also pursuing uplisting to OTCQB and will provide updates on this status.