Artificial Intelligence Technology Solutions, Inc. (AITX), renowned for its AI-driven security and productivity solutions, together with its wholly-owned subsidiary, Robotic Assistance Devices, Inc. (RAD), has announced initial orders for one RIO™ 360 and one RIO Mini. Both devices, accompanied by a SARA™ licence, will be deployed by a national heavy equipment auction operator, marking the company’s first engagement with this sector.
These pioneering installations aim to enhance security at auction sites where valuable assets are vulnerable, potentially heralding expanded deployments across the operator's various locations.
The RIO 360 and RIO Mini are both powered by RAD’s SARA platform, offering continuous monitoring, real-time detection, and autonomous response. These solutions are particularly effective in scenarios where traditional security measures are either too costly or prove ineffective. Recent orders highlight a growing interest in RAD's comprehensive mobile and stationary security offerings.
“This order demonstrates how RAD’s solutions are being applied in industries that require protection of valuable, exposed assets,” stated Mark Folmer, CPP, PSP, President of RAD. “Auction sites face unique security challenges, and we are pleased to deliver technology that addresses those needs while setting the stage for expansion.”
CEO/CTO and founder of AITX and RAD, Steve Reinharz, noted, “We are seeing momentum continue to pick up. We remain focused on executing for our clients, channel partners and shareholders.” RAD’s initial deployments in the sector illustrate growing traction and the potential for additional orders, enhancing the company's trajectory of recurring revenue growth.
AITX is reshaping the $50 billion (US) security services industry through RAD’s AI-driven Solutions-as-a-Service model. Their suite of stationary and mobile solutions offers significant cost savings, often replacing or augmenting traditional personnel. RAD solutions are crafted for substantial business savings, up to 80% compared with conventional security services.
The company's credibility is further reinforced by its completion of the SOC 2 Type 2 audit, which independently validates the internal controls for customer data protection, essential for enterprise and government clients.
Steve Reinharz, alongside a team of industry leaders like Mark Folmer and Troy McCanna, ensures RAD remains at the forefront of delivering innovative solutions. Their combined expertise enhances RAD's capability to address and resolve complex security challenges.
RAD is engaging with over 35 Fortune 500 companies, reinforcing its strong sales pipeline with numerous prospects anticipated to transition into recurring revenue streams. AITX continues to drive the evolution of AI-based solutions that not only improve ROI but also enable organisations to optimise and innovate their security and operational strategies.
The company’s technology optimises the economics of patrolling and security services, allowing experienced personnel to focus on strategic tasks. This innovation supports a diverse range of sectors, from enterprises and government to critical infrastructure, transportation, education, and healthcare, providing enhanced situational awareness at dramatically reduced costs.
Artificial Intelligence Technology Solutions, Inc., a pioneer in AI-driven security and productivity solutions, along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), announced that it has received initial orders for one RIO™ 360 and one RIO Mini, each with a SARA™ licence, the Company’s multiple award-winning agentic AI platform, from a national heavy equipment auction operator.
These first deployments will strengthen security at auction sites where valuable assets are exposed and are expected to serve as the foundation for a broader rollout across the operator’s multiple locations.
RAD’s SARA platform
RIO 360 and RIO Mini, both powered by RAD’s SARA platform, are designed to provide continuous monitoring
This order follows a series of recent orders and deployments that demonstrate increasing demand for RAD’s mobile and stationary security solutions.
RIO 360 and RIO Mini, both powered by RAD’s SARA platform, are designed to provide continuous monitoring, real-time detection, and autonomous response in environments where traditional security measures are costly or ineffective.
The Company continues to see strong interest from organisations seeking to protect high-value assets and reduce reliance on conventional guard services.
Unique security challenges
“This order demonstrates how RAD’s solutions are being applied in industries that require protection of valuable, exposed assets,” said Mark Folmer, CPP, PSP, President of RAD.
“Auction sites face unique security challenges, and we are pleased to deliver technology that addresses those needs while setting the stage for expansion.”
“We are seeing momentum continue to pick up,” said Steve Reinharz, CEO/CTO and founder of AITX and RAD. “We remain focused on executing for our clients, channel partners and shareholders.”
Reinforcing RAD’s trajectory
With these initial deployments, RAD continues to demonstrate traction across new industries, adding to the Company’s expanding pipeline of opportunities.
Management expects additional orders as the operator evaluates deployments across all of its locations, reinforcing RAD’s trajectory of recurring revenue growth.
RAD's security guarding and monitoring model
RAD delivers these cost savings via a suite of stationary and mobile robotic solutions that complement
AITX, through its primary subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the nearly $50 billion (US) security and guarding services industry through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model.
RAD solutions are specifically designed to provide cost savings to businesses of between 35%-80% when compared to the industry’s existing and costly manned security guarding and monitoring model.
RAD delivers these cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house.
Data protection and security compliance
The Company’s operations and internal controls have been validated through the successful completion of its SOC 2 Type 2 audit, which is a formal, independent audit that evaluates a service organisation’s internal controls for handling customer data and determines if the controls are not only designed properly but also operating effectively to protect customer data.
This audit reinforces the Company’s credibility with enterprise and government clients who require strict data protection and security compliance.
Reinforce RAD’s ability
Reinharz serves as chair of the SIA Autonomous Solutions Working Group and as a member of the SIA Board of Directors
RAD is led by Steve Reinharz, CEO/CTO and founder of AITX and RAD, who brings decades of experience in the security services industry. Reinharz serves as chair of the Security Industry Association’s (SIA) Autonomous Solutions Working Group and as a member of the SIA Board of Directors.
The RAD team also draws on extensive expertise across the sector, including Mark Folmer, CPP, PSP, President of RAD and Chair of the ASIS International North American Regional Board of Directors, Troy McCanna, former FBI Special Agent and RAD’s Chief Security Officer, and Stacy Stephens, co-founder of security robotics company Knightscope ($KSCP).
Their combined backgrounds in security industry leadership, law enforcement, and robotics innovation reinforce RAD’s ability to deliver proven, practical, and disruptive solutions to its clients.
Next-generation robotic product offerings
RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time.
RAD has a prospective sales pipeline of over 35 Fortune 500 firms and numerous other client options
AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organisations to gain new insight, solve complex challenges and fuel new business ideas.
Through its next-generation robotic product offerings, AITX’s RAD, RAD-R, RAD-M and RAD-G companies help organisations streamline operations, increase ROI, and strengthen business.
Economics of patrolling and guard services
AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks.
Customers augment the capabilities of existing staff and gain higher levels of situational awareness, all at drastically reduced cost.
AITX solutions are well-suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare.
