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AITX (OTC: AITXD) boosts RAD hardware pricing and margins outlook

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Artificial Intelligence Technology Solutions, Inc. announced an approximately 14% price increase across its RAD hardware lineup, effective May 1, 2026. Orders placed by April 30, 2026, will keep current pricing, while existing contract pricing is grandfathered until further notice.

The company is also making its SARA™ AI platform a standard feature on all devices, turning each unit into an autonomous, AI-driven security endpoint. Management noted that the price change could begin to affect gross profit margins starting in Q3 of its fiscal year 2027, ending November 30, 2026.

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Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
RAD hardware price increase approximately 14% Across hardware lineup, effective May 1, 2026
Current pricing deadline April 30, 2026 Last day orders are honored at existing rates
Margin impact timing Q3 fiscal 2027 Company says gross profit margins could be affected; fiscal year ends November 30, 2026
Target security market size nearly $50 billion (US) Security and guarding services industry
Customer cost savings 35% to 80% RAD Solutions-as-a-Service vs traditional manned security
gross profit margins financial
"The Company expects the effects of this price increase could start to affect gross profit margins starting in Q3"
Gross profit margin measures the share of sales revenue a company keeps after paying the direct costs to make or buy the products or services it sells. Think of revenue as a whole pizza and gross profit margin as the slice left after taking away the cost of the ingredients — it shows how efficiently a company turns sales into basic profit. Investors use it to compare profitability, spot pricing or cost trends, and assess how much is available to cover other expenses and generate net profit.
Solutions-as-a-Service financial
"with its AI-driven Solutions-as-a-Service model"
SOC 2 Type 2 audit technical
"validated through successful completion of its SOC 2 Type 2 audit"
forward-looking statements regulatory
"This publication contains forward-looking statements, which are not guarantees of future performance"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
agentic artificial intelligence technical
"SARA™ ... serves as the Company's primary agentic artificial intelligence system"
A type of artificial intelligence that can set goals, make decisions, and carry out multi-step actions across digital or physical systems with limited human direction—think of it as an autonomous employee that plans and executes tasks. Investors care because agentic AI can boost productivity and create new revenue streams by automating complex work, but it also introduces risks (unexpected behavior, higher development costs, and regulatory scrutiny) that can affect company value and future cash flows.

false 2026-04-07 0001498148 Artificial Intelligence Technology Solutions, Inc. 0001498148 2026-04-07 2026-04-07

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 7, 2026

ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS, INC.
(Exact name of registrant as specified in its charter)

Nevada 000-55079 27-2343603
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)

10800 Galaxie Avenue
Ferndale, Michigan, United States 48220
(Address of principal executive offices) (ZIP Code)

Registrant’s telephone number, including area code: (877) 787-6268

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class   Trading Symbols   Name of each exchange on which registered
N/A   N/A   N/A

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b -2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


When used in this Current Report on Form 8-K, unless otherwise indicated, the terms the "Company," "our," or "we" refer to Artificial Intelligence Technology Solutions Inc. and its subsidiaries.

Item 8.01 Other Events

On April 7, 2026, we will be issuing a press release titled "AITX's RAD Implements First Hardware Price Increase in Nearly Three Years as Market Conditions Demand Adjustment", which press release is attached hereto as Exhibit 99.1.

The information in this Current Report on Form 8-K with respect to Item 8.01 (including the press release attached hereto as Exhibit 99.1) is being furnished pursuant to Item 8.01 of Form 8-K and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended ("Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act. This current report on Form 8-K (including Exhibit 99.1) will not be deemed an admission as to the materiality of any information contained herein.

ITEM 9.01. EXHIBITS

Exhibit No.   Description
     
99.1   April 7, 2026 Press Release
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: April 7, 2026 ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC.
     
    /s/ Steven Reinharz
  Name: Steven Reinharz
  Title: Chief Executive Officer



Exhibit 99.1

AITX's RAD Implements First Hardware Price Increase in Nearly Three
Years as Market Conditions Demand Adjustment

Company Held Pricing as Long as Possible; April 30, 2026, Is the Final Deadline for
Current Rates

Detroit, Michigan - April 7, 2026 - Artificial Intelligence Technology Solutions, Inc. (OTCID: AITXD), a global leader in AI-driven security and productivity solutions, along with its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD), today announced a price increase of approximately 14% across its hardware solution lineup, effective May 1, 2026. The increase reflects sustained pressure from component, logistics, and compliance-related costs that the Company deliberately absorbed for nearly three years in support of its partners and customers. All orders placed by April 30, 2026, will be honored at current pricing.

The adjustment brings RAD's pricing in line with the cost environment the Company has been actively managing, including sustained increases in components, logistics, and compliance. Rather than pass these pressures along, RAD chose to absorb them for nearly three years while continuing to invest in product development, manufacturing, and software capabilities. This decision supported customer adoption and long-term partner success, while positioning the Company to advance its technology roadmap from a place of strength.

RAD also announced a structural shift in its hardware offering, with SARA™ (Speaking Autonomous Responsive Agent) now included as a standard capability across all devices moving forward. What was previously an add-on is now embedded, transforming every RAD unit from a detection endpoint into an active participant in the security operation. With SARA integrated, each device is capable of AI-driven monitoring, real-time decision making, autonomous engagement, and escalation without reliance on constant human intervention. This change materially redefines what customers receive with every deployment, establishing a new baseline for performance, consistency, and operational impact across the industry.

"We're quite proud of how we've protected customer pricing as long as we have," said Steve Reinharz, CEO/CTO and founder, AITX and RAD. "For nearly three years we absorbed costs that most companies would have passed along without a second thought. We are proud of that, and we are grateful for the partners and customers who have built their security programs around our solutions. This adjustment was necessary, but what comes next is what matters. The roadmap we are executing, the technology we are deploying, and the results our clients see in the real world give us every reason to be optimistic. We are not raising prices and standing still. We are raising prices and accelerating."

The price increase applies to new orders only with all existing contract pricing grandfathered in until further notice. The Company expects the effects of this price increase could start to affect gross profit margins starting in Q3 of its current fiscal year 2027, ending November 30, 2026.

For any partner or customer with active conversations, open evaluations, or planned deployments, the window to act at current pricing closes April 30, 2026. Orders confirmed by that date will be honored in full at today's rates.


The Company invites prospective clients, channel partners, and industry participants to connect with its team before April 30, 2026 to explore current pricing opportunities and learn how RAD's solutions can support their security and operational objectives going forward.

About Artificial Intelligence Technology Solutions, Inc. (AITX)

AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and drive operational efficiency. Through its family of companies, including Robotic Assistance Devices, Inc. (RAD-I), Robotic Assistance Devices Mobile (RAD-M), Robotic Assistance Devices Group (RAD-G) and Robotic Assistance Devices Residential (RAD-R), AITX develops and delivers a broad range of AI-driven technologies and services designed to transform security, automation, and operational workflows across multiple industries.

Through its primary subsidiary, RAD-I, AITX is redefining the nearly $50 billion (US) security and guarding services industry1 with its AI-driven Solutions-as-a-Service model. RAD solutions are specifically designed to deliver cost savings of between 35% and 80% compared to traditional manned security and monitoring, utilizing a suite of stationary and mobile autonomous systems that complement, and in many cases replace, human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house.

All of RAD's solutions are designed to integrate with leading industry platforms and workflows, including ongoing collaboration with Immix®, the trusted provider of central station and remote monitoring software, supporting broader adoption of AI-driven security across professional monitoring environments.

The Company's operations and internal controls have been validated through successful completion of its SOC 2 Type 2 audit, reinforcing its credibility with enterprise and government clients that require rigorous data protection and compliance standards.

AITX is led by Steve Reinharz, CEO/CTO and founder the Company and all RAD subsidiaries, who brings decades of experience in the security services industry. The broader AITX leadership and its subsidiaries draw on deep expertise across security, law enforcement, and robotics innovation, supporting the Company's ability to deliver proven, practical, and scalable solutions.

AITX and its subsidiaries maintain a robust sales pipeline that includes over 35 Fortune 500 companies, with expanding opportunities across its subsidiaries. The Company expects continued growth as these opportunities convert into deployed clients generating recurring revenue streams, with significant potential for expansion within each account.

The Company's solutions are deployed across a wide range of industries including enterprises, government, transportation, critical infrastructure, education, and healthcare.

To learn more, visit www.aitx.ai, www.radsecurity.com, www.stevereinharz.com, www.raddog.ai, www.radgroup.ai, www.saramonitoring.ai, and www.radlightmyway.com, or follow Steve Reinharz on X @SteveReinharz.


CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS

The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the "Company"). The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. As such, there are no assurances whatsoever that the Company will meet its expectations with respect to its future revenues, sales volume, becoming cash flow positive, ARR or RMR. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price.

For purposes of the Company's disclosures, "Artificial Intelligence" refers to machine-based systems designed to operate with varying levels of autonomy that, for a given set of human defined objectives, can make predictions, recommendations, or decisions influencing real or virtual environments. In the context of the Company's business, Artificial Intelligence is deployed primarily within the security services and property management industries to support functions such as detection, analysis, prioritization, communication, and response related to safety, security, and operational events.

The Company delivers these capabilities principally through its SARA™ (Speaking Autonomous Responsive Agent) platform, which serves as the Company's primary agentic artificial intelligence system. SARA is designed to receive and process video, audio, and other sensor data, apply automated analysis and inference, and support actions in accordance with predefined operational objectives and human oversight.

Further note that the Company's Board of Directors oversees the Company's deployment of Artificial Intelligence.

###

Doug Clemons
248-270-8273
doug.c@radsecurity.com

_____________________________
1 https://www.ibisworld.com/united-states/market-research-reports/security-services-industry/


FAQ

What pricing change did AITX (AITX) announce for its RAD hardware?

AITX announced an approximate 14% price increase across its RAD hardware lineup. The change responds to higher component, logistics, and compliance costs the company says it absorbed for nearly three years while continuing to invest in product development and software capabilities.

When does AITX’s new RAD hardware pricing take effect?

The new RAD hardware pricing takes effect on May 1, 2026. All qualified orders confirmed by April 30, 2026, will be honored at current rates, giving customers a defined window to lock in existing pricing before the increase is implemented.

How are existing AITX contracts affected by the RAD price increase?

The price increase applies only to new orders, while existing contract pricing is grandfathered in until further notice. This means current customers under contract will continue paying their agreed rates, limiting immediate pricing impact on already-deployed RAD solutions.

What product change is AITX making with its SARA platform?

AITX is making its SARA™ (Speaking Autonomous Responsive Agent) platform a standard capability across all RAD devices. Previously an add-on, SARA now equips every unit with AI-driven monitoring, real-time decision-making, and autonomous engagement without relying on constant human intervention.

When could AITX’s price increase affect its gross profit margins?

AITX stated the price increase could begin to affect gross profit margins starting in Q3 of its fiscal year 2027, ending November 30, 2026. The timing reflects when higher pricing on new orders is expected to appear in reported financial performance.

What industry opportunity does AITX target with its RAD solutions?

AITX states its RAD solutions target the nearly $50 billion U.S. security and guarding services industry. Its AI-driven Solutions-as-a-Service model aims to deliver security cost savings of between 35% and 80% versus traditional manned guarding in suitable environments.

Filing Exhibits & Attachments

6 documents