RAD

AITX’s RAD Announces Engagement for Department of Homeland Security SAFETY Act Designation for Firearm Detection Software Solutions

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목요일, 5월 30, 2024

Achieving this designation will not only bolster RAD's credibility but also offer significant legal protections, encouraging broader adoption of its firearm detection software.

Key Points: 
  • Achieving this designation will not only bolster RAD's credibility but also offer significant legal protections, encouraging broader adoption of its firearm detection software.
  • RAD's Firearm Detection software (aka gun detection) leverages advanced AI to detect firearms in real-time, seamlessly integrating with existing security camera systems.
  • This strategic partnership is expected to expedite the designation, ensuring that RAD’s Firearm Detection software solutions meet the highest standards of safety and reliability as swiftly as possible.
  • RAD’s application for SAFETY Act designation underscores its dedication to advancing security technology and its ongoing commitment to public safety.

AITX Files FY2024 10-K and Form S-3

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수요일, 5월 29, 2024

Detroit, Michigan, May 29, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), a global leader in AI-driven security and productivity solutions for enterprise clients, filed its annual report on Form 10-K with the Securities and Exchange Commission (SEC) for its fiscal year 2024 ended February 29, 2024. AITX is a ‘full SEC reporting’ company that files detailed annual and quarterly reports. Other companies on the OTC often have lower disclosure requirements under ‘Alternate Reporting’ requirements.

Key Points: 
  • AITX is a ‘full SEC reporting’ company that files detailed annual and quarterly reports.
  • The Company has also filed a Form S-3 with the SEC aimed at optimizing its capital-raising efforts.
  • The S-3 filing provides AITX with the flexibility to manage the number of shares sold over time, enabling more strategic funding based on market conditions.
  • Steve Reinharz, CEO/CTO of AITX, stated, “Our recent market cap increases in May allowed us to be eligible to file the Form S-3.

AITX’s RAD Announces First Paid Analytic based on Vast Improvements in Its Firearm Detection Speed & Accuracy

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화요일, 5월 28, 2024

Detroit, Michigan, May 28, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), is pleased to announce significant enhancements in the performance and reliability of its firearm detection AI analytics. These improvements will be incorporated into RAD's popular line of security devices, including ROSA™, RIO™, AVA™, and RADDOG™, and will begin shipping in June.

Key Points: 
  • These improvements will be incorporated into RAD's popular line of security devices, including ROSA ™, RIO ™, AVA ™, and RADDOG ™, and will begin shipping in June.
  • Enhanced Performance: The updated software provides superior accuracy and faster response times, ensuring more effective threat detection and mitigation.
  • When a potential firearm is detected, the device immediately sends captured images of the suspected firearm to the RAD Cloud for a process called Double Authentication.
  • RAD's Double Authentication process significantly enhances the accuracy of the RAD devices, ensuring that only genuine threats are acted upon.

AITX Unveils AIR™ as the Core of Its Operations, Revolutionizing Industry Standards with Advanced Autonomous Solutions

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수요일, 5월 22, 2024

Detroit, Michigan, May 22, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc. (the “Company”) (OTCPK:AITX), is excited to announce that AIR™ (Autonomous Intelligent Response) has become the core paradigm driving all client solutions across AITX and its subsidiaries. Fully detailed and downloadable on the AITX website as of today, AIR represents the concepts and applications that integrate artificial intelligence with autonomous response capabilities across various security and facility management applications and devices.

Key Points: 
  • Detroit, Michigan, May 22, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc. (the “Company”) ( OTCPK:AITX ), is excited to announce that AIR™ (Autonomous Intelligent Response) has become the core paradigm driving all client solutions across AITX and its subsidiaries.
  • Steve Reinharz, CEO/CTO of AITX stated, “The implementation of AIR across our solutions is a transformative step towards redefining security and facility industry standard operating procedures through enhanced application of artificial intelligence.
  • This strategic focus ensures that all current and future products developed under the AITX umbrella are equipped with state-of-the-art technology that sets new benchmarks for the industry.
  • The pilot program will include RAD team members and select users from the public in the United States and Canada.

AITX Announces Its Breakthrough AIR™ (Autonomous Intelligent Response) Technology

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수요일, 5월 15, 2024

Detroit, Michigan, May 15, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc. (the “Company”) (OTCPK:AITX), is pleased to announce the biggest technology innovation it has ever developed which it is calling Autonomous Intelligent Response, abbreviated to AIR. AIR is the inevitable evolution of the Company’s Autonomous Remote Services (ARS) paradigm by harnessing newly developed technological innovations to deliver intelligent human-like response in every applicable surveillance camera and RAD device.

Key Points: 
  • Detroit, Michigan, May 15, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc. (the “Company”) ( OTCPK:AITX ), is pleased to announce the biggest technology innovation it has ever developed which it is calling Autonomous Intelligent Response, abbreviated to AIR.
  • “It’s like having the best possible remote video operator watching every camera with unblinking eyes and ready to apply best practices for engagement in an instant,” said Steve Reinharz, AITX CEO & CTO.
  • “Imagine having a security operations center at the edge in every device, that’s AIR.
  • Reinharz continued, “The introduction of AIR represents our unwavering commitment to advancing security and facility management through cutting-edge technology.

Drone Leader Nightingale Security and AITX’s Robotic Assistance Devices Announce Global Reach with Targeted Autonomous Security Solutions

Retrieved on: 
목요일, 5월 9, 2024

This collaboration leverages Nightingale’s proven autonomous drone technology, which has seen increasing sales both in the U.S. and internationally.

Key Points: 
  • This collaboration leverages Nightingale’s proven autonomous drone technology, which has seen increasing sales both in the U.S. and internationally.
  • The types of opportunities in the sales funnel and being pursued use a combination of autonomous detection by RAD’s RIO ™ with autonomous dispatch to Nightingale’s autonomous drones.
  • This expansion focuses on specific sectors where autonomous security solutions are not just advantageous but critical.
  • “Our cooperation with Nightingale offers large clients a solution that brings autonomous solutions to dangerous security and surveillance assignments,” commented Steve Reinharz, CEO/CTO of AITX and RAD.

New Markets: AITX's RAD Announces MOU to Collaborate with Commend Americas

Retrieved on: 
수요일, 5월 8, 2024

The agreement establishes a framework for the collaboration between RAD and Commend to explore and potentially integrate their respective technologies and services.

Key Points: 
  • The agreement establishes a framework for the collaboration between RAD and Commend to explore and potentially integrate their respective technologies and services.
  • “This agreement marks the beginning of what we believe will be a highly fruitful partnership, presenting both parties with a wealth of exciting opportunities,” expressed Tom Reilly, President of Commend Americas.
  • “I was introduced to Commend 25 years ago when I was a low voltage integrator focused on the corrections market.
  • Commend had, and still holds, the esteemed position of simply being the best with audio and more,” commented Steve Reinharz, CEO/CTO of AITX and RAD.

AITX’s RAD Passes Production Savings onto Customers with Updated Pricing for RIO™ Solar-Powered Security Towers

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월요일, 5월 6, 2024

Detroit, Michigan, May 06, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), proudly announces price reductions for two of its flagship products: RIO™ 360 and RIO 180. Effective immediately, customers will enjoy a 12% reduction on RIO 360 and a 14% reduction on RIO 180.

Key Points: 
  • Effective immediately, customers will enjoy a 12% reduction on RIO 360 and a 14% reduction on RIO 180.
  • By passing these savings onto customers, RAD reinforces its commitment to becoming one of the largest suppliers of towers, complete with RAD technology, in this fast-growing market segment.
  • Today’s announcement to reduce the prices of the RIO models is strategically aligned with this production increase.
  • RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream.

Atlanta Housing Honored with National Association of Local Housing Finance Agencies Award of Excellence

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금요일, 5월 3, 2024

ATLANTA, May 3, 2024 /PRNewswire/ -- Atlanta Housing (AH) announced today that the National Association of Local Housing Finance Agencies (NALHFA) has selected James Allen Jr. Place for the Redevelopment Award of Excellence. The NALHFA Award of Excellence is the most prestigious national recognition in the local affordable housing finance community. The award recognizes outstanding achievements, innovation, and community impact in redevelopment projects within the affordable housing sector. In a category with dozens of award nominees, Atlanta Housing was among the 2024 Award of Excellence honorees.

Key Points: 
  • Redevelopment of James Allen Jr. Place recognized
    ATLANTA, May 3, 2024 /PRNewswire/ -- Atlanta Housing (AH) announced today that the National Association of Local Housing Finance Agencies (NALHFA) has selected James Allen Jr. Place for the Redevelopment Award of Excellence.
  • The NALHFA Award of Excellence is the most prestigious national recognition in the local affordable housing finance community.
  • In a category with dozens of award nominees, Atlanta Housing was among the 2024 Award of Excellence honorees.
  • "Atlanta Housing is deeply honored to accept the Redevelopment Award of Excellence from the National Association of Local Housing Finance Agencies," stated Terri M. Lee, President and Chief Executive Officer of Atlanta Housing.

AITX Provides Sales Guidance for New Subsidiary RAD-R

Retrieved on: 
목요일, 4월 25, 2024

Detroit, Michigan, April 25, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), a global leader in AI-driven security and productivity solutions, announces further details concerning its newly established subsidiary, Robotic Assistance Devices Residential, Inc. (RAD-R). With the fall production schedule set, the Company is preparing to meet the expected demand of the holiday selling season. This update provides a deeper look into the strategic developments of RAD-R, ensuring its innovative residential security solutions are positioned to make a significant impact in the market.

Key Points: 
  • With the fall production schedule set, the Company is preparing to meet the expected demand of the holiday selling season.
  • This update provides a deeper look into the strategic developments of RAD-R, ensuring its innovative residential security solutions are positioned to make a significant impact in the market.
  • AITX announced the formation of RAD-R in a press release dated April 3, 2024 .
  • This advanced residential security camera system embodies RAD-R's commitment to innovation, designed with the latest in AI-driven capabilities from sister subsidiary, Robotic Assistance Devices, Inc. (RAD).