AITX’s RAD Begins Production Run of 1000 Next Generation RIO Solar-Powered Security Towers
Detroit, Michigan, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc. (the “Company”) (OTCPK:AITX), today announced that it has begun production of 1000 units of the next generation (Gen 4) of its RIO™ solar-powered, mobile security solution.
- Steve Reinharz, CEO/CTO of AITX and RAD commented, “Generation 4 of both RIO and ROSA has been a huge undertaking for the entire Company.
- Every component and stage of the manufacturing process has been scrutinized to find ways to reduce costs while improving performance.
- Reinharz continued, “The potential revenue from the successful deployment of 1000 RIO units, when added to our existing revenues is significant.
- RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream.