AITX's RAD Subsidiary Records 14-Unit Order Intake Across Five Customer Relationships
Artificial Intelligence Technology Solutions (USOTC:AITX) reported that its subsidiary, Robotic Assistance Devices (RAD), secured orders for 14 security units across five customer relationships within a single day. The order mix included 11 ROSA stationary security units, two RIO units, and one TOM unit, with deployments expected to generate approximately $150,000 in annualized recurring revenue if all units are successfully placed into service. The orders were received through both direct sales channels and channel partners. This indicates a diversified order pipeline for RAD's Solutions-as-a-Service strategy. One property management customer has the potential for an additional 50 to 100-unit expansion, though no further orders have been confirmed yet.
Topics: robotics sales growth security technology