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$AITX AITX's Subsidiary Robotic Assistance Device

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Post# of 27274
(Total Views: 132)
Posted On: 01/18/2023 10:37:07 AM
Posted By: dw
$AITX
AITX's Subsidiary Robotic Assistance Devices Receives Surge of 33 Security Robots Placed on Order
Press Release | 10/19/2022
Orders for 33 Devices Secured Since Last Public Update

Detroit, Michigan, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD) has received multiple orders, totaling 33 units, to be delivered to four different clients. The product mix of the 33 security devices ordered since the last public announcement is 28 ROSAs and five TOMs.

“It’s wonderful to see the RAD sales pipeline flow with big potential opportunities and the addition of new authorized dealers,” said Mark Folmer, President at RAD. “One of our very active dealers is extending their dominance into the auto market with a single order of 26 ROSA units, the details of which we will release in the future. Additionally, we’re thrilled to add two new regional powerhouse dealers that will each take a ROSA as a demo unit. Plus, another existing client is further expanding their system with an additional five TOM units. Last week was a solid sales week.”

RAD’s ROSA has received industry recognition for its autonomous ability to detect and deter instances of trespassing and other property intrusions without the need for manned guarding assistance. Folmer confirmed that all 26 ROSAs will be deployed at one of the client’s distribution centers.


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