Welcome to our dedicated page for Artificial Intelligence Techno news (Ticker: AITX), a resource for investors and traders seeking the latest updates and insights on Artificial Intelligence Techno stock.
Artificial Intelligence Technology Solutions, Inc. (AITX) regularly issues news and updates that focus on its AI-driven security and productivity business, its RAD subsidiaries, and developments across its agentic AI ecosystem. Recent press releases, furnished through Form 8-K filings, cover topics such as quarterly financial results, operating expense reductions, product launches, and progress in remote video monitoring deployments.
On the financial side, AITX news has highlighted revenue and gross profit growth for the first nine months of its fiscal year 2026, along with improvements in operating cash flow, inventory efficiency, and debt levels. The company has also reported on actions to refine spending priorities, streamline operations, and reallocate research and development resources, including pausing certain initiatives and moving others, such as ROAMEO, into active production and deployment.
Product and technology news frequently centers on the SARA (Speaking Autonomous Responsive Agent) platform and related offerings. AITX has announced that its RAD-G subsidiary moved SARA from proof-of-concept trials to paid deployments with monitoring company clients, and has introduced RAM, the ROSA Accessory Module, to extend agentic AI capabilities to existing third-party IP cameras. Additional coverage includes deployments of RIO and ROSA devices in downtown security initiatives, illustrating how RAD’s AI-driven solutions are used in real-world municipal and district programs.
Corporate communications also include year-end updates, CEO video messages, and investor-focused interviews that discuss execution, capital allocation, and the company’s operational framework. Visitors to the AITX news page on Stock Titan can review this stream of press releases and related SEC-furnished information to follow how the company reports on its financial performance, product evolution, and strategic priorities over time.
Artificial Intelligence Technology Solutions, Inc. (OTCPK:AITX) announced that its subsidiary, Robotic Assistance Devices (RAD), has secured orders for twelve units from three clients. Deployments include the first RAD unit in Alaska and additional units for Midway Auto. A new property management client ordered eight ROSAs and one SCOT, with expectations for hundreds more deployments in the coming year. CEO Steve Reinharz highlighted the efficiency of their new business development managers in securing sales. Future announcements are expected to detail new deployments and high-profile client orders.
Artificial Intelligence Technology Solutions (OTCPK:AITX) filed its quarterly report for Q1 FY2022, showcasing a significant revenue increase of 785% compared to the same period last year. Revenues for this quarter surpassed the total from the previous fiscal year by 55%. AITX expanded its sales funnel with new hires and began production in a new manufacturing facility in Ferndale, Michigan, enhancing its capacity to meet rising demand. The company anticipates higher revenues for FY2022 based on this growth momentum.
Artificial Intelligence Technology Solutions, Inc. (OTCPK:AITX) announced Mark Folmer as President and COO of its subsidiary Robotic Assistance Devices, Inc. (RAD) at the close of RAD's RADCON conference. Folmer, previously COO and Vice President, will oversee manufacturing, operations, and sales. The company also launched its 'Road to 500' sales campaign, aiming for 500 units deployed by February 28, 2022. This initiative highlights RAD's commitment to growth and innovation in robotic security solutions.
Artificial Intelligence Technology Solutions, Inc. (OTCPK:AITX) announced the appointment of Jeffrey Slotnick as Chairman of the Board of Advisors for its subsidiary Robotic Assistance Devices, Inc. (RAD). This announcement was made following RAD's inaugural RADCON conference at their new manufacturing facility, REX, in metro Detroit. Slotnick, a recognized expert in Enterprise Security Risk Management, will guide RAD during its market expansion. CEO Steve Reinharz expressed confidence in Slotnick's leadership as essential for navigating this new phase.
Artificial Intelligence Technology Solutions, Inc. (OTCPK:AITX) announced the launch of RADCON 2021, its first global sales and marketing conference, at the RAD Excellence Center in Detroit. CEO Steve Reinharz emphasized the significance of this event, noting RAD's exponential growth during a 15-month remote operation. The recently operational REX manufacturing plant will enhance production capabilities. The conference will focus on strategies to achieve their 'Road to 500' goal, aiming for 500 unit deployments by March next year.
Artificial Intelligence Technology Solutions, Inc. (OTCPK:AITX) announces the development of RADCore, a new Compute & Control hardware controller by its subsidiary, Robotic Assistance Devices Group, Inc. This innovation aims to reduce costs and enhance production, service, and implementation times. The RADCore will replace multiple processors in RAD devices, starting with the ROSA270. CEO Steve Reinharz states RADCore marks a significant step towards creating new revenue streams and advancing their offerings in the $50 billion US security market.
Artificial Intelligence Technology Solutions announced the resignation of Garett Parsons from its Board of Directors, effective June 22, 2021, due to personal health reasons. The company will provide additional details in a related 8-K filing. CEO Steve Reinharz expressed well wishes for Parsons' recovery and future endeavors. The announcement signals a potential leadership shift, which might affect company strategy and operations as AITX continues to deliver AI-based solutions across various industries.
Artificial Intelligence Technology Solutions, Inc. (OTCPK:AITX) announced that its subsidiary, Robotic Assistance Devices (RAD), has signed L&P Global Security as an authorized dealer. L&P Global Security, a premier security guard service in Texas, will represent RAD's security robot solutions. They plan to deploy RAD's ROSA unit at a major retailer in Texas, addressing client needs for automated security solutions that reduce costs. The collaboration is expected to lead to hundreds of deployments in Texas due to increasing demand for innovative security alternatives.
Robotic Assistance Devices (RAD) has appointed Artur Tchoukanov as its new Industrial Designer. Tchoukanov brings 18 years of experience, having previously worked for notable firms like Pininfarina and collaborated with major brands such as Cisco and Philips Lighting. His hiring marks a significant milestone as RAD aims to redefine its product design in what the company terms RAD 3.0, promising innovative, world-class designs. Tchoukanov expressed enthusiasm about contributing to RAD's future, aligning with RAD's vision to enhance security solutions through advanced robotics.
Artificial Intelligence Technology Solutions (OTCPK:AITX) announced new orders for its ROSA security units, with one unit to be deployed at a national grocery distributor and another for a leading East Coast security firm. Since March 1, 2021, RAD has received a total of 60 units on order, anticipating a significant revenue increase, projecting a run rate 5 to 20 times larger than the previous fiscal year. RAD's COO noted the company's expanding dealer network and product offerings, highlighting the effectiveness of ROSA units in addressing security challenges.