AITX's RAD Launches Q3 FY 2025 with Robust Order Growth
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AITX's RAD Launches into Q3 FY 2025 with Robust Order Growth
Multi-Unit Reorder Marks a New Quarter
Artificial Intelligence Technology Solutions, Inc. (OTCPK: AITX) is excited to announce an impressive start to Q3 of FY 2025, highlighting its recent success with new multi-unit orders and deployments. RAD has kicked off this quarter with renewed energy and determination as it builds on a record-setting Q2 FY 2025, which wrapped up with a remarkable 172 units ordered.
This new multi-unit order signifies RAD's accelerating growth and reflects a strong relationship with a dealer who has been working with the company for a short time. Notably, this deployment stems from a prior order received about nine months ago, showcasing the long-term partnerships RAD is cultivating.
Strengthening Market Position with Enhanced Opportunities
Troy McCanna, RAD’s Chief Security Officer & Senior Vice President of Revenue Operations, expressed his enthusiasm about the company's current trajectory. He shared, “The acceleration of new opportunities and the shortened sales cycles we’re experiencing combined with the REX’s continuously improving production times are thrilling for our entire team. It’s a clear indication that our strategies are paying off.” This momentum not only strengthens the market presence of RAD but also positions the company well to capture growing demand for AI-driven security solutions.
Leveraging Cost-Effective Solutions in Security
Through its primary subsidiary, Robotic Assistance Devices, Inc. (RAD), AITX is making strides in the lucrative $25 billion security and guarding services industry. The innovative Solutions-as-a-Service model offered by RAD is poised to provide businesses with substantial cost savings, ranging from 35% to 80% compared to traditional manned security services. The combination of stationary and mobile robotic solutions allows companies to optimize their security strategies, often eliminating the necessity for human personnel in environments that favor automation.
Expanding Client Base Among Fortune 500 Companies
RAD is strategically positioned with a promising sales pipeline, engaging with over 35 Fortune 500 companies and numerous additional clients. This broad base of prospective clients offers significant potential for converting existing sales opportunities into recurring revenue streams. With each Fortune 500 company has the ability to place multiple reorders over time, RAD is on a path towards sustained growth and market penetration.
Innovative Technology Driving Efficiency
AITX incorporates cutting-edge technology through its robotic solutions like RAD, RAD-R, RAD-M, and RAD-G, which empower companies to streamline operations and enhance return on investment (ROI). The focus on providing enhanced situational awareness for clients at significantly reduced costs is redefining how security and guarding services are delivered across various sectors, including government, healthcare, transportation, and education.
Contact Information for Further Inquiries
For more information, interested parties can reach out directly to:
Steve Reinharz
949-636-7060
@SteveReinharz
Frequently Asked Questions
1. What recent accomplishments did AITX report for Q3 FY 2025?
AITX reported starting Q3 FY 2025 with a strong multi-unit order and deployments, building on previous successes.
2. How does RAD's business model benefit clients?
RAD's Solutions-as-a-Service can save clients between 35% to 80% compared to traditional security services, making security more efficient.
3. What is RAD's current client engagement strategy?
RAD is actively engaging with over 35 Fortune 500 companies to convert opportunities into recurring revenue streams.
4. What technologies does AITX provide its clients?
AITX offers various innovative robotic solutions that enhance operational efficiency and situational awareness in security services.
5. Who can individuals contact for more information regarding AITX's services?
For inquiries, reach out to Steve Reinharz at 949-636-7060 or connect on Twitter @SteveReinharz.
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