$AITX's Subsidiary Robotic Assistance Devices Receives

New Post Public Reply Private Reply Replies (0) Message Board
louied91
334
$AITX's Subsidiary Robotic Assistance Devices Receives Multiple AVA and Wally Order from Leading Global Logistics Company

https://www.globenewswire.com/news-release/20...mpany.html

Detroit, Michigan, May 10, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) has received an order for 2 AVA and 1 Wally security robots from a top ranked global logistics company. Although not named due to confidentiality agreements, the Company indicated that the end-user, and existing client, is a global leader in supply chain management & third-party logistics.

The Company did confirm that the 2 AVA autonomous access control security robots are expected to be deployed in June at one of the client’s logistics centers. “We love this client, and they apparently love RAD as well,” said Steve Reinharz, CEO of AITX. “This client had a hand in helping RAD shape and expand its product offering. As a result, they have just about every type of device, performing various tasks, and saving them a lot of money,” Reinharz continued.

The Company also confirmed that with the order for these 3 RAD devices brings the client’s total units deployed and/or on order to 30. “This is RAD’s example of providing great solutions and great customer service to a client, and expecting great continued business,” Reinharz concluded.

RAD’s parent company AITX intends to file for listing on the OTCQB within 10 days of filing its YE2022 10-K.

AVA (Autonomous Verified Access) is a compact and stanchion mountable unit that provides an edge-to-edge 180° field of vision with advanced access control over gates, doors, and other controlled points of entry. AVA takes full advantage of the RAD Software Suite providing an ideal solution for logistics and distribution centers, storage yards, parking structures and lots, corporate campuses; anywhere that increased visibility is needed at a fraction of the cost.

Wally (named as a Wall Mounted version of SCOT) is a welcome complement to front desk reception, lobby concierge services, and guarding personnel. Wally is capable of performing employee and visitor check-ins and clearances with access controls. Wally monitors the surrounding area through its dual hi-resolution, full-color digital cameras providing a wide 180° field of view.

Artificial Intelligence Technology Solutions Inc. (AITX) Stock Research Links

AITX Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

OCI N.V. Secures a Win in Court; EGM Proceeds as Planned

Updated Category News Views 19

OCI Dodges a Bullet in Amsterdam Court Stepping into the courtroom drama, OCI N.V. just took home a win as the Amsterdam Court of Appeal's Enterprise Chamber gave them a clean bill of health, kicking out the inquiry request from VEB and a bunch of other shareholders. The judges weren't convinced there was anything fishy going on, so they tossed the inquiry petition and...

Continue Reading
Wally Disrupts Dental Industry with $25M Funding

Updated Category News Views 22

A New Breath of Fresh Air for Dental Care Dental visits—a tedious, costly affair we've all dreaded. So, when Wally rolls out an overhaul in this stale landscape, it's worth taking notice. With $25 million in their pockets from Series A funding led by Maveron, Wally's swaggering in with a plan to flip the script on dental care across the nation. Redefining the Dental...

Continue Reading
U. of Phoenix and LACCD Launch 3+1 Degree Pathway

Updated Category News Views 9

Opening the Floodgates for Ambitious Community College Students When it comes to climbing the educational ladder, not everyone starts at the same rung. That's a fact we've all come to terms with in one way or another. Enter the University of Phoenix and the Los Angeles Community College District with a solution to expand educational access. The 3+1 Program: A Cost-Saving...

Continue Reading
Decoding CarBravo-Certified vs Traditional Used Cars

Updated Category News Views 14

What’s Behind Door Number One: CarBravo Certification When you walk onto a car lot these days, it's a mixed bag: shiny badges boasting certifications or basic used car signage. For anyone who's spent time around cars, two types stick out—there’s your CarBravo-certified vehicles and your good ol' used cars. Now, Marissa McCoy and Jill Maniaci from Heidebreicht...

Continue Reading
Duke Energy's Cost-Protection Plan Shields Ratepayers

Updated Category News Views 14

Shielding Customers From Data Center Costs Let's get right into the thick of it: Duke Energy's latest move is a strategic one, shrouded in industry terms but with a real impact on regular folks' wallets. The company's agreement with heavyweights like Amazon, Google, and Meta aims to protect existing customers in North Carolina from getting hit with the costs of powering...

Continue Reading
C3EL Expands Federal Footprint with Strategic Contracts

Updated Category News Views 5

Pushing Boundaries in Federal Contracts What a ride C3EL's had in Government Fiscal Year 2026! Let me tell you, they’ve bagged a bunch of contracts that’d make any company’s mouth water. Kicking things off, they snagged a prime cybersecurity contract from the U.S. Air Force. Considering our current cybersecurity landscape, that's like striking gold. But they...

Continue Reading
HelloNation Brings 'Edvertising' to NC REALTORS® Event

Updated Category News Views 19

HelloNation's Bold Step into Real Estate Networking October 8th to the 11th is shaping up to be a pivotal few days in Wilmington, North Carolina. Here’s the scoop: HelloNation, known for its innovative 'edvertising' model, is joining the bustling crowd at the 2026 NC REALTORS® Convention. This isn’t just any get-together—it's the grandest annual jamboree for real...

Continue Reading
EMCO's New Automated Facility Could Shake Industry

Updated Category News Views 14

A Novel Leap in Production Capacity EMCO Industries just put a solid foot on the accelerator with their brand-new, shiny, fully automated plant over in Claremore, Oklahoma. If you're glancing at heavy-duty trailer springs, you can't ignore the fact that this is a multimillion-dollar investment. Heck, this monstrous 30,000-square-foot facility more than doubles what EMCO...

Continue Reading
Gong, Agentforce, Avoma Crowned 2026 CI Champions

Updated Category News Views 16

Diving Deep into Conversation Intelligence There's a lot to unpack when three software titans hog the spotlight, and that's exactly what's happening in the world of conversation intelligence this year. It's like we've hit the jackpot with Gong, Agentforce Sales, and Avoma carving out their turf as the 2026 Champions, according to the venerable Info-Tech Research Group....

Continue Reading
Merit Expands in New York with Bold Acquisition Move

Updated Category News Views 15

Merit Financial's Growth Trajectory Takes a Leap You watch the movers and shakers in this game long enough, and you start to see patterns. Merit Financial Advisors is one of those juggernauts you'd better keep an eye on. These folks just scooped up Moldenhauer & Associates—a firm that's been a staple in Orchard Park, New York—for a cool $1.1 billion worth of client...

Continue Reading

Top 5 Most Recently Viewed Articles

ATI Reports Strong Q3 2024 Performance with Increased Sales

Updated Category News Views 38

ATI's Third Quarter Performance Overview ATI Inc. (NYSE: ATI) has recently reported its financial results for the third quarter of 2024, demonstrating its resilience with remarkable sales figures and strategic growth initiatives. Sales for this quarter reached an impressive $1.05 billion, marking the ninth consecutive quarter that sales have exceeded $1 billion. With a...

Continue Reading
Travel Trends for Thanksgiving: Americans Staying Home

Updated Category News Views 124

Shifting Thanksgiving Travel Trends This year, fewer Americans are gearing up for Thanksgiving travel, even as gas prices hover near years lows. Recent surveys highlight this shift in behavior, showcasing a changing mindset towards holiday travel amidst economic apprehensions. Gas Price Insights GasBuddy, a well-known fuel savings platform, forecasts a national average...

Continue Reading
Exploring Recent Options Trading Activities of Nu Holdings

Updated Category News Views 93

Recent Trends in Options Trading for Nu Holdings Nu Holdings has recently attracted attention from major financial players, who are displaying strong bullish inclinations. Our thorough analysis of options trading history for Nu Holdings (NYSE: NU) highlights the emergence of 9 unusual trades. This signifies an increased interest in this digital financial service provider....

Continue Reading
Travel Smart: Support Wildlife, Avoid Exploitation

Updated Category News Views 7

Rethink Wildlife Tourism for Ethical Travel You ever stopped to think about what those so-called wildlife attractions are really selling? It’s a feel-good illusion wrapped up in exploitation. Travelers often see animals as part of the backdrop of their holiday stories, but the reality is far from picturesque. Behind the photo ops, there's typically a grim story of...

Continue Reading
Analysts Revise AutoZone Price Targets After Soft Earnings

Updated Category News Views 188

Understanding AutoZone's Recent Earnings Report AutoZone, Inc. (NYSE: AZO) recently released its first-quarter earnings, and the results were below expectations. The Q1 earnings per share came in at $31.04, which was shy of the projected consensus estimate of $32.37. Furthermore, the reported quarterly sales were $4.629 billion, reflecting an 8.2% increase year-over-year,...

Continue Reading