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  4. Artificial Intelligence Technology Solutions Inc. (AITX) Message Board

Given the big retail sector, it`s a excellent oppo

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Post# of 1425
(Total Views: 112)
Posted On: 01/23/2024 7:51:20 AM
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Posted By: Ulf53
Re: Ulf53 #1102
Given the big retail sector, it`s a excellent opportuniy to continue building on.

RAD announced a significant new order from a dealer for a chain of Midwest grocery stores. This order marks a milestone in RAD’s expansion into the retail sector, particularly in multi-location grocery environments.

The deal includes the deployment of RAD’s innovative security solutions to six grocery stores. Five of these stores will each receive one ROSA™ (Responsive Observation Security Agent) unit and one RIO™ 360 (ROSA Independent Observatory) unit. The sixth store will be equipped with two RIO 360 units. Upon full deployment and acceptance by the client, this order is expected to generate an estimated $165,000 in annual recurring revenue for RAD.

This deployment is particularly noteworthy as it represents the first time RAD’s RIO units are being utilized in a multi-location retail environment.


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