STOCK TITAN

AITX wins university order for 7 RIO 360 security units

AITX reports a new seven-unit RIO 360 university order while reiterating going-concern doubts and reliance on dilutive external financing.

(High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Artificial Intelligence Technology Solutions Inc. (AITX) announced that its subsidiary Robotic Assistance Devices received an order, via a channel partner, for seven RIO 360 solar-powered security systems from a major public research university serving more than 25,000 students. Each RIO 360 includes two ROSA units, so the initial deployment is expected to involve 14 ROSA devices, with the university indicating this represents roughly one-third of its intended RAD solar security rollout and could expand to about 21 RIO systems, subject to future orders. The company highlights higher education as a strong use case for its AI-driven, portable security solutions and reiterates its Solutions-as-a-Service model targeting cost reductions versus manned guarding.

The disclosure also repeats significant risk factors: a history of losses, negative working capital, a stockholders’ deficit, and “substantial doubt” about AITX’s ability to continue as a going concern, along with ongoing dependence on variable-priced equity financing that dilutes existing shareholders. The company cautions that the university’s intended deployment, additional orders, and the timing of manufacturing, installation, and acceptance of the seven systems may not occur as anticipated.

Positive

  • None.

Negative

  • Substantial doubt about going concern: the company states there is substantial doubt regarding its ability to continue as a going concern, reflecting ongoing financial strain.
  • Reliance on dilutive financing: operations depend on external, variable-priced equity financing that the company notes results in dilution to existing stockholders.
  • History of losses and weak balance sheet: the company cites a history of losses, negative working capital, and a stockholders’ deficit as key risks.
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, or exhibit attachments filed with this report.
RIO 360 systems ordered 7 systems Initial order from a major public research university
ROSA units in initial deployment 14 ROSA units Each RIO 360 system includes two ROSA devices
University student population More than 25,000 students End user’s undergraduate and graduate enrollment
Planned RIO 360 deployment share Approximately one-third Seven systems represent about one-third of intended RAD solar security deployment
Potential full RIO 360 deployment Approximately 21 systems Possible expansion if the university completes its intended deployment
Target security services market Nearly $50 billion U.S. security and guarding services industry size cited by the company
Targeted security cost savings 35%–80% Claimed cost savings versus traditional manned security and monitoring
Solutions-as-a-Service financial
"RAD-I is redefining the nearly $50 billion U.S. security and guarding services industry with its AI-driven Solutions-as-a-Service model."
going concern financial
"The Company cites substantial doubt regarding the Company's ability to continue as a going concern."
Going concern is the accounting assumption that a company will keep operating and meeting its obligations for the foreseeable future. The phrase matters most when a company or its auditors disclose substantial doubt about it, a formal warning that the business may not have enough resources to continue without raising money, restructuring, or selling assets. That language in a filing or press release signals elevated financial risk.
variable-priced equity financing financial
"The Company's continued dependence on external financing, including variable-priced equity financing that results in dilution to existing stockholders."
SOC 2 Type 2 audit technical
"The Company's operations and internal controls have been validated through successful completion of its SOC 2 Type 2 audit."
forward-looking statements regulatory
"This press release contains forward-looking statements, including statements regarding the anticipated manufacture, delivery, installation and acceptance of the seven RIO 360 systems."
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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What new business did AITX (AITX) announce with this 8-K?

AITX reported an order for seven RIO 360 solar-powered security systems, including 14 ROSA units, for a major public research university with more than 25,000 students, placed through a RAD channel partner.

How large could the university deployment become for AITX (AITX)?

The university indicated that seven RIO 360 systems represent about one-third of its intended RAD solar security deployment, and that deployment could expand to approximately 21 RIO systems, though additional orders are not guaranteed.

What financial risks does AITX (AITX) highlight in this disclosure?

AITX notes a history of losses, negative working capital, a stockholders’ deficit, and explicitly cites substantial doubt about its ability to continue as a going concern, along with dependence on external financing.

How is AITX (AITX) funding its operations according to the filing?

The company states it remains dependent on external financing, including variable-priced equity financing that results in dilution to existing stockholders, as part of the risks associated with its capital structure.

What savings does AITX (AITX) target with its RAD security solutions?

AITX says its AI-driven RAD solutions are designed to deliver cost savings of between 35% and 80% compared to traditional manned security and monitoring, through stationary and mobile autonomous systems offered as Solutions-as-a-Service.

What market size does AITX (AITX) reference for its security offerings?

The company states that, through RAD-I, it is targeting the nearly $50 billion U.S. security and guarding services industry, citing an external market research report as its source.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

false 2026-09-18 0001498148 Artificial Intelligence Technology Solutions, Inc. 0001498148 2026-09-18 2026-09-18

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): September 18, 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 September 18, 2026, we will be issuing a press release titled "AITX's RAD Expands Higher Education Presence", 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   September 18, 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: September 18, 2026 ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC.
     
    /s/ Steven Reinharz
  Name: Steven Reinharz
  Title: Chief Executive Officer



Exhibit 99.1

AITX's RAD Expands Higher Education Presence

Major Public Research University Indicates Potential for Significant Expansion Beyond the Initial Deployment

Detroit, Michigan, September 18, 2026 -- Artificial Intelligence Technology Solutions, Inc. (the "Company") (OTCID:AITX), a developer and operator of AI-driven security and productivity solutions for enterprise clients, along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced an order for seven RIO™ 360 solar-powered security systems through a RAD channel partner. The end user, a major public research university serving more than 25,000 undergraduate and graduate students, has indicated that the initial seven units represent the first of what could be several orders to achieve their total intended RAD solar security deployment.

Artist’s depiction of a RIO 360 solar-powered security system deployed on a university campus.

"Seven RIO 360 systems represent a meaningful commitment, and the university's indication that this may be only the beginning makes this win even more significant," said Troy McCanna, Chief Security Officer and Chief Revenue Officer of RAD. "We are entering this relationship with scale and now have the opportunity to demonstrate RIO's value across the campus and earn the balance of the university's intended deployment."

Higher education represents a strong use case for RIO because campuses combine large, distributed footprints with parking areas, pedestrian corridors, residence halls, athletic facilities, construction zones and remote perimeter locations. RIO 360 combines two ROSA™ units on a portable, solar-powered platform, delivering 360-degree visibility and autonomous security capabilities without the need for permanent power infrastructure. Units can also be repositioned as campus activity, construction and security priorities change.

"We said earlier this week that ROSA is the foundation of RAD's stationary security platform, and this order provides further validation of that position," said Steve Reinharz, CEO/CTO and founder of AITX and RAD. "A seven-system RIO 360 order represents 14 ROSA units. This is exactly how our platform strategy is designed to work. ROSA succeeds as a standalone solution and scales through RIO, allowing one proven platform to support multiple configurations, markets and customer needs."

ROSA is a multiple award-winning, compact, self-contained and portable security and communication solution that can be installed and activated in approximately 15 minutes. ROSA's AI-driven security analytics include human, firearm and vehicle detection, license plate recognition, responsive digital signage, audio messaging, and complete integration with RAD's software suite of notification and autonomous response capabilities. Two-way communication is optimized for cellular connectivity and includes live video from ROSA's high-resolution, full-color, always-on cameras. RAD has published seven case studies detailing how ROSA has helped eliminate instances of theft, trespassing and loitering at construction sites, mobile home parks, retail centers, hospital campuses, and multi-family communities across the country.

Many of RAD's enterprise customers, dealers and integration partners require confidentiality regarding their identities, deployment locations or commercial relationships. These restrictions may prevent the Company from naming the parties involved or announcing individual orders. Accordingly, publicly announced orders may represent only a portion of RAD's order activity during any given period. The Company evaluates disclosure based on contractual obligations, customer permissions and the significance of the activity, while complying with applicable public disclosure requirements.


The Company invites prospective clients, channel partners, and industry participants to connect with its team to learn how RAD's solutions can support their security and operational objectives.

About Artificial Intelligence Technology Solutions, Inc. (AITX)

AITX is a developer and provider 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 PURSUON, Inc. (formerly RAD-M), Robotic Assistance Devices, Inc. (RAD-I), Robotic Assistance Devices Residential (RAD-R), Robotic Assistance Devices Group (RAD-G), and Robotic Assistance Devices Lanka (Private) Limited (RAD Lanka), 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 U.S. 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 an integration with Immix®, a provider of central station and remote monitoring software.

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 of the Company and all 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 practical and scalable solutions.

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.pursuon.com, www.radgroup.ai, www.saramonitoring.ai, www.radlightmyway.com, and www.stevereinharz.com, or follow Steve Reinharz on X @SteveReinharz. Information contained on, or accessible through, the foregoing websites and social media accounts is not incorporated by reference into, and does not form a part of, this press release or any of the Company's filings with the Securities and Exchange Commission.


CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements, including statements regarding the anticipated manufacture, delivery, installation, activation and customer acceptance of the seven RIO 360 systems described above; the anticipated deployment of 14 ROSA units as components of those systems; the university's stated intention that the initial seven RIO 360 systems represent approximately one-third of its intended RAD solar security deployment; the possibility that the university may order additional systems and expand the deployment to approximately 21 RIO systems; the potential expansion of the customer relationship; the suitability and potential adoption of RIO and ROSA within higher education; and the expected contribution of RIO and ROSA to the Company's installed base, product portfolio and commercial growth.

Forward-looking statements are based on management's current expectations and assumptions and are subject to significant risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, among others: the possibility that the order is delayed, modified, cancelled or terminated; that the ordered systems are not manufactured, delivered, installed, activated or accepted within the anticipated period, or at all; delays involving component availability, production, transportation, customer site preparation, permitting, installation, software integration, commissioning or customer acceptance; the possibility that the university's intended deployment is delayed, reduced, modified or abandoned; the risk that the university or channel partner does not place additional orders or expand the deployment beyond the seven systems currently ordered; customer concentration and the loss of, or reduced purchases from, significant customers; the possibility that RIO, ROSA or other Company solutions do not achieve anticipated performance, adoption or commercial results; the Company's ability to fund operations, maintain production, support its installed base and scale its business; the Company's history of losses, negative working capital and stockholders' deficit; substantial doubt regarding the Company's ability to continue as a going concern; the Company's continued dependence on external financing, including variable-priced equity financing that results in dilution to existing stockholders; and the other risks described in Part I, Item 1A of the Company's most recent Annual Report on Form 10-K and in its subsequent filings with the Securities and Exchange Commission, available at www.sec.gov.

Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. Except as required by law, the Company undertakes no obligation to update or revise any forward-looking statement. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities of the Company. Because the Company is a penny stock issuer, the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995 is unavailable to it.

###

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

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


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