Artificial Intelligence Technology Solutions, Inc. (AITX), alongside its wholly-owned subsidiary Robotic Assistance Devices, Inc. (RAD), has announced an influx of new orders.
This recent activity underscores the continuous demand for their advanced AI-driven security products. The orders, received since the last sales update, highlight a growing variety of devices and software solutions catering to diverse industries, including logistics, manufacturing, and commercial property operations.
Among the newly ordered products are the SARA (Speaking Autonomous Responsive Agent), known for its multiple awards, as well as the ROSA unit, RIO Mini, AVA, TOM, and RADCam Enterprise solutions. Both new and existing clients within security services have contributed to this robust order volume, reflecting a strong interest in AITX's offerings.
Significant growth in orders
The orders comprise twenty-four RADCam Enterprise systems, three RIO Mini systems
The orders comprise twenty-four RADCam Enterprise systems, three RIO Mini systems, three TOM units, two AVA units, six SARA licenses, and one ROSA unit. These acquisitions signify a pivotal quarter for AITX, marking it as potentially the most successful in terms of order volume for the fiscal year.
Steve Reinharz, CEO/CTO and founder of AITX and RAD, noted the marked increase in business-to-business activity. Reinharz stated, "There is no doubt that the mediocre level of B-to-B activity throughout most of this year has accelerated to a much higher pace over the past few months with no signs of it levelling off."
He highlighted the company's efforts to recover from a slower start in the first half of the year by bolstering new sales and aiming for a strong close to the fiscal year.
Outlook for future developments
Reinharz emphasised the importance of establishing consistent growth to set the stage for future achievements, commenting, "This is the kind of consistency we expect to build on as we move toward our longer-term goals."
Additionally, as the holiday season approaches, Reinharz teased a unique feature announcement for the RADCam product, suggesting it makes for an excellent gift.
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