Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. User Boards ›
  4. BREAKOUTS..RUNNERS AND HOT PENNIES Message Board

$AITX News! AITX's Subsidiary Robotic Assistance D

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 36224
(Total Views: 169)
Posted On: 07/05/2022 8:37:34 AM
Avatar
Posted By: jmtimz
$AITX News! AITX's Subsidiary Robotic Assistance Devices to Deploy 13 Units to Fortune 50 Transportation Company
1 ROAMEO Mobile Robot and 12 ROSA Devices to be Deployed at 2 Locations

Detroit, Michigan, June 30, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly-owned subsidiary Robotic Assistance Devices, Inc. (RAD) has entered into an agreement with a Fortune 50 global leader in transportation, e-commerce, and business services to deploy 12 ROSA security robots and 1 ROAMEO mobile robot at 2 of the client’s facilities. The client is not being identified at this time due to non-disclosure agreements.

The Company confirmed that 6 ROSAs will be at each of the 2 locations and the single ROAMEO will be on patrol at the client’s largest logistics center. The client has experienced an increase in trespassing at many of their locations. The fleet of ROSA units and the mobile ROAMEO robot are to provide a deterrence to these instances, reducing the client’s reliance on costly manpower. Deployment is expected to begin in July 2022.

“This is precisely how we expect to be running sales through our pipeline,” said Mark Folmer, President of RAD. “This household-name client has been on our radar for years, they got hands-on with ROAMEO and ROSA at the ISC West trade show earlier this year. Since then, we’ve had meetings with them at the REX, and now they’ve given us a large initial order.”

https://finance.yahoo.com/news/aitxs-subsidia...00770.html


(0)
(0)








Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us