Artificial Intelligence Techno Stock Price, News & Analysis

Artificial Intelligence Technology Solutions (OTCPK: AITX) announced fundraising efforts for Ukrainian humanitarian relief through a newly minted NFT and a GoFundMe campaign, established by CEO Steve Reinharz. The NFT features the Ukrainian-themed ROAMEO image and will be auctioned online, while the GoFundMe provides an alternative for donations. Reinharz emphasized the company's commitment to support Ukraine amid the ongoing conflict, aiming to help displaced and injured civilians.

Artificial Intelligence Technology Solutions (OTCPK:AITX) has announced a partnership with Prudential Alarm, which has become a new authorized dealer for Robotic Assistance Devices (RAD). RAD has received an order for multiple security robots from Prudential, marking its third dealer announcement in a week. Prudential serves various sectors, including government and automotive manufacturing, enhancing RAD’s dealer network to 33. The collaboration is projected to expand RAD’s market reach, as Prudential sees significant potential for using RAD’s AI-driven security solutions in their client operations.

Artificial Intelligence Technology Solutions (AITX) announced an order for three ROSA security robots from Dunbar Security Solutions. This follows an earlier press release where Dunbar placed an additional order for a demonstration unit. Dunbar's COO noted that the security robots meet their clients' needs for cost-effective deterrents against trespassing and vandalism. AITX's CEO expressed excitement about this new partnership and confirmed that these units will be deployed rapidly to a major retail client. The ROSA units offer advanced AI-driven security features.

Artificial Intelligence Technology Solutions has placed a significant order for 1,000 units of its ROSA 3.0 plastic enclosure, transitioning from CNC machining to injection molding. This change is expected to reduce costs by 88%, from $350 to $75 per unit, enhancing mass production capabilities. The move aligns with the growing sales pipeline and anticipated demand for RAD's security solutions. CEO Steve Reinharz expressed optimism for fiscal year 2023, indicating it may be their most exhilarating year yet, aiming for nearly instant deployment of ROSA units to customers.

Artificial Intelligence Technology Solutions (AITX) announced its subsidiary, Robotic Assistance Devices (RAD), has partnered with Apex3 Systems as a new dealer and received an order for a ROSA security robot. This expands RAD's dealer network to 32 across the US, Canada, and the EU. The partnership is viewed positively by Apex3, who believes RAD's solutions will greatly benefit their clients.

RAD has seen a surge in inquiries, indicating increasing demand, and plans to launch RAD Light My Way soon, which is expected to further enhance its momentum.

Artificial Intelligence Technology Solutions (OTCPK: AITX) announced an order for 5 ROSA units from Cancom Security Services, a First Nations-owned security company in Canada. This order, expected to ship by the end of February, will see 3 ROSAs deployed at a retail center and 2 at a commercial business park. The ROSA device, known for its AI-driven security features, is designed to reduce costs compared to traditional manned guards. The integration of ROSA into Cancom's remote monitoring services enhances security capabilities and operational efficiency.

Artificial Intelligence Technology Solutions (AITX) announced the deployment of its ROAMEO mobile security robot at Red Hawk Casino in Placerville, California. This deployment follows increasing industry interest in ROAMEO, which is designed for autonomous patrolling and guest interaction. A series of online videos documenting the manufacturing and deployment process will be released. The ROAMEO stands nearly 7 ft. tall, weighs over 700 lbs, and features dual web-connected touch screens for guest services.

Artificial Intelligence Technology Solutions announced that its subsidiary, Robotic Assistance Devices (RAD), signed a new authorized dealer and received an order for a ROSA security robot. This expands RAD's dealer network to 31 across the US, Canada, and the EU. The order is for the ROSA 3.0 model, which has been RAD's top-selling unit with over 150 deployments to date. RAD is expecting further orders as the new dealer seeks to address security needs for its clients. The ROSA robot features AI-driven security analytics and rapid deployment capabilities.

Artificial Intelligence Technology Solutions announced the launch of a public portal for sharing images of devices manufactured by its subsidiary, Robotic Assistance Devices (RAD). The CEO, Steve Reinharz, noted that the initiative aims to foster community engagement as many RAD devices are deployed in public locations. With nearly 250 devices currently operational across North America and Europe, the portal is expected to become a repository for thousands of images. The initiative reflects RAD's commitment to transparency and community interaction in the conservative security industry.