AITX’s Subsidiary Robotic Assistance Devices Poised to Add Over $100K in Recurring Monthly Revenue
Revenue numbers will be further increased by one-time installation and training fees, as well as ongoing monthly monitoring pass-through charges.
- Revenue numbers will be further increased by one-time installation and training fees, as well as ongoing monthly monitoring pass-through charges.
- The Company earns a percentage of remote monitoring pass-through revenue, and the actual monitoring work is done by a contracted third party.
- AITX, through its subsidiary, Robotic Assistance Devices , Inc. (RAD), is redefining the $25 billion (US) security and guarding services industry through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model.
- RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream.