Artificial Intelligence Techno Stock Price, News & Analysis

On July 5, 2022, Artificial Intelligence Technology Solutions, Inc. (AITX) announced that its subsidiary Robotic Assistance Devices, Inc. (RAD) achieved a record 85 unit orders in June 2022, marking its best month ever. This success is attributed to enhanced sales efforts and heightened demand from top-tier clients. AITX plans to file for listing on the OTCQB shortly after its year-end 2022 10-K. RAD's innovative products include ROSA, AVA, SCOT, and ROAMEO, all designed to improve security operations and reduce costs.

Artificial Intelligence Technology Solutions (OTCPK: AITX) announced a significant agreement with a Fortune 50 client in the transportation and e-commerce sector. The deal involves deploying 12 ROSA security robots and 1 ROAMEO mobile robot at two facilities to enhance security measures amidst rising trespassing incidents. The deployment is scheduled for July 2022. This marks a record intake of 85 units ordered in June, highlighting RAD's growing client base, including prominent names in logistics and distribution. Additionally, AITX has filed for uplisting to the OTCQB.

Artificial Intelligence Technology Solutions, Inc. (OTCPK: AITX) plans to launch a non-fungible token (NFT) program featuring its security robot ROSA. The digital artwork for the NFT was created in-house, aiming to celebrate ROSA as a unique product. CEO Steve Reinharz expressed excitement about the initiative, which may facilitate new funding strategies without traditional capital avenues. The NFT market saw over $17 billion in sales in 2021, with collectibles leading the category. AITX has also applied for uplisting to OTCQB, with future updates expected.

Artificial Intelligence Technology Solutions, Inc. (OTCPK:AITX) announced an article by CEO Steve Reinharz advocating for AI technology in schools to enhance security measures. The piece emphasizes the necessity for local investments to deter and respond to potential threats, especially regarding active shooter situations. Reinharz will also host a panel discussing firearm detection technology on June 30, 2022, in New York. Furthermore, AITX is in the process of applying for uplisting to the OTCQB, with future updates planned about its status.

Artificial Intelligence Technology Solutions, Inc. (OTCPK: AITX) announced a Letter of Intent for a significant order from a regional casino operator. The order includes a minimum of 12 ROSA security units, 1 SCOT tower, and 1 ROAMEO mobile robot, with deployment expected to commence in July 2022. The agreement allows for the client to increase orders without further purchasing processes. AITX has also filed for uplisting to the OTCQB, with future announcements anticipated. RAD's solutions focus on enhancing security while reducing costs for various sectors.

Artificial Intelligence Technology Solutions (OTCPK: AITX) announced an upcoming event titled ‘Being Proactive Against an Active Shooter’ on June 30, 2022, at The Westin Times Square, New York City. This gathering aims to address affordable security solutions for mitigating active shooter situations, featuring a panel of experts including former FBI agent Troy McCanna and AITX CEO Steve Reinharz. The event will showcase RAD's firearm detection technology and RAD Light My Way, a campus safety solution, which has previously received multiple awards.

Artificial Intelligence Technology Solutions (OTCPK: AITX) announced a significant order expansion from DSI Security Services for 50 RAD devices, including 44 ROSA security robots and 6 AVA access control devices. This marks the company's largest order through an authorized dealer. The end user, a global leader in transportation manufacturing, will implement these devices across five facilities, aiming to modernize security operations. AITX's RAD solutions promise savings of up to 90% in the first year compared to traditional security methods. The company is also pursuing uplisting to the OTCQB.

Artificial Intelligence Technology Solutions, Inc. (OTCPK:AITX) announced that its subsidiary, Robotic Assistance Devices (RAD), has secured an order for 5 security robots from a leading global logistics company. Valued in the low six figures, the deployment is set for July at the client's logistics center. This order increases the total units to 39 for this Fortune 500 client. The logistics automation industry is projected to grow significantly, reaching $147.38 billion by 2030. AITX is also seeking an uplisting to the OTCQB, with further updates expected soon.

Artificial Intelligence Technology Solutions (AITX) has announced that its subsidiary, Robotic Assistance Devices (RAD), is currently involved in filming for its third movie and one television series. RAD's robots are gaining popularity among film creators for their interactive capabilities and unique appearances. The company is not paying for product placements, and its devices are expected to feature in notable productions with potential releases by the end of the year. AITX is also pursuing an uplisting to OTCQB, with updates anticipated shortly.