Artificial Intelligence Technology Solutions Inc. Subsidiary RAD Secures Orders Across Three Product Lines
Artificial Intelligence Technology Solutions Inc. announced that its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), has secured recent orders for twelve devices across its RIO™ Mini, ROSA™ and TOM™ product lines. The orders span construction, commercial property and logistics applications, combining additional business from existing customers with orders through multiple channel partners.
Specifically, a longstanding RAD channel partner ordered five ROSA units for a construction site in the Midwest. Separately, a security services partner ordered three ROSA units for customer projects that include commercial property security. The recent orders also include two RIO Mini units for separate sites serving an existing customer in the construction sector, and an existing global logistics customer ordered two additional TOM units, expanding its use of RAD's visitor management solutions in facility lobbies.
Troy McCanna, Chief Security Officer and Chief Revenue Officer of RAD, stated that orders like these are becoming routine, representing customers adding devices, channel partners bringing the company into more projects, and different industries finding applications for its solutions.
The company indicated that these orders for construction, commercial property and logistics applications are intended to contribute to its positive cash flow goal.
View the company filing on SEC.gov
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