SCOT

AITX Provides Roll-Up Regarding Its Key Markets, End-Users, and Use Cases

Retrieved on: 
Wednesday, October 4, 2023
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“We are so proud of our incredible customer base and the dealers that brought many of them to RAD,” said Steve Reinharz, CEO of AITX and RAD.

Key Points: 
  • “We are so proud of our incredible customer base and the dealers that brought many of them to RAD,” said Steve Reinharz, CEO of AITX and RAD.
  • Our team works tirelessly to make sure that every client is treated with the respect and professionalism they deserve.
  • In the automotive world and the controlled environments of financial institutions, RAD has successfully reduced common security challenges like trespassing and theft.
  • Regardless of the market or use case, RAD seamlessly blends its technological innovation with real-world applications, establishing a reliable security presence.

AITX Reports Gross Profit Up Over 250% Over Previous Year’s 1st Quarter

Retrieved on: 
Tuesday, July 18, 2023
DC Studios, The Security Institute, FOX, FY, RAD, Health, Market, Intelligence, EDGAR, ROSA, Movement, RMR, HPS, School, The Company, CPP, SCOT, Artificial intelligence, Yoy, Growth, Blue Beetle, GPO, Warner Bros., Robotics, GPM, PSP, Safety, Software, Security (finance), Cryptocurrency

Detroit, Michigan, July 18, 2023 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), a global leader in AI-driven security and productivity solutions for enterprise clients, today reported a gross profit of $293,697, representing a significant increase compared to the same quarter last year (Q1 FY 2023), which recorded a gross profit of $91,433. This demonstrates a year-over-year (YoY) growth of approximately 221%. AITX is a ‘fully reporting SEC company that files detailed annual and quarterly reports with the SEC. The Company’s first quarter of FY 2024 began March 1, 2023, and ended May 31, 2023.

Key Points: 
  • AITX is a ‘fully reporting SEC company that files detailed annual and quarterly reports with the SEC.
  • The Company’s first quarter of FY 2024 began March 1, 2023, and ended May 31, 2023.
  • Gross profit percentage increased to 76%, up from a reported GPM% of 24% in Q1 FY 2023.
  • The Company reported orders during the quarter of 29 ROSA autonomous security devices and 6 AVA access control solutions.

AITX's Subsidiary, Robotic Assistance Devices, Books Multiple Orders, Totaling 19 Security Devices from Leading National Dealer

Retrieved on: 
Tuesday, June 20, 2023
The Security Institute, Workforce, Theft, RAD, ISC, Confidentiality, ROSA, Organization, Area studies, The Company, CPP, SCOT, AVA, Artificial intelligence, PSP, Medical device, Renewable energy, Online shopping

The 2 orders consist of a total of 11 ROSA™ security devices, 6 AVA™ access control solutions, and 2 SCOT™ towers.

Key Points: 
  • The 2 orders consist of a total of 11 ROSA™ security devices, 6 AVA™ access control solutions, and 2 SCOT™ towers.
  • Although not named due to confidentiality agreements, the Company indicated that the end-user for the 17 devices is a Fortune 500-ranked, global brewing company.
  • “This is the type of sales opportunity we have built this business to support,” said Steve Reinharz, CEO of AITX and RAD.
  • “A big national dealer, moving multiple units, to top ranked corporate clients who are looking to improve their security profile and save money.

AITX’s Subsidiary, Robotic Assistance Devices, Contracted to Supply Robots to Major Network TV Series

Retrieved on: 
Tuesday, May 2, 2023
RAD, ROSA, The Company, SCOT, Artificial intelligence, Blue Beetle, Television

“Our amazing robotic technology has once again caught the attention of Hollywood productions,” said Steve Reinharz, CEO of AITX and RAD.

Key Points: 
  • “Our amazing robotic technology has once again caught the attention of Hollywood productions,” said Steve Reinharz, CEO of AITX and RAD.
  • The popular television network typically receives 3.5 – 5 million US viewers during the program’s anticipated prime-time schedule.
  • The Company expects international distribution of the series which could greatly expand viewership.
  • The Company expects to release additional information as permission and the schedule from the production company and network allows.

Worldwide 3D Printing Materials Industry to 2030 - by Material, Application, End-user and Region

Retrieved on: 
Wednesday, February 8, 2023
Materialise NV, SCOT, Electronics, Acquisition, Printing, Metal, Ceramic, Growth, Plastic, 3D, Video game, 3D printing, Marketing

This report offers strategic insights into the global 3D printing materials industry along with the market size (in revenue and volume) and estimates for the duration 2020 to 2030.

Key Points: 
  • This report offers strategic insights into the global 3D printing materials industry along with the market size (in revenue and volume) and estimates for the duration 2020 to 2030.
  • With the rising advancement in 3D printing technology, the adoption of 3D printers is expected to increase substantially across different sectors.
  • This has led to strong demand for high-performance 3D printing materials that offer higher flexibility, durability and stability.
  • Who are the key competitors and what are their key strategies to enhance their market presence in the 3D Printing Materials market worldwide?

AITX's Subsidiary Robotic Assistance Devices Comments on June 2022 Sales Activities

Retrieved on: 
Tuesday, July 5, 2022
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Detroit, Michigan, July 05, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., ( OTCPK:AITX ), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) has experienced its largest order intake month during June 2022.

Key Points: 
  • Detroit, Michigan, July 05, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., ( OTCPK:AITX ), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) has experienced its largest order intake month during June 2022.
  • Our sales team and dealer channel delivered great results in June, said Mark Folmer, President of RAD.
  • June 2022 is the first month of the Companys 2nd quarter of its fiscal year 2023.
  • June was probably our most active month to date, said Steve Reinharz, CEO of AITX and RAD.

AITX's Subsidiary Robotic Assistance Devices Shipping an Additional 14 Units on New Letter of Intent from Major Casino Operator

Retrieved on: 
Wednesday, June 22, 2022
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Detroit, Michigan, June 22, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) has received a Letter of Intent from a regional casino operator for large quantity of RAD devices. The expected receipt of this order had been previously acknowledged in a press release in late April of this year.

Key Points: 
  • Detroit, Michigan, June 22, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., ( OTCPK:AITX ), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) has received a Letter of Intent from a regional casino operator for large quantity of RAD devices.
  • The expected receipt of this order had been previously acknowledged in a press release in late April of this year.
  • The Company stated that the Letter of Intent is for a minimum of 12 ROSA security units, 1 SCOT stationary tower, and 1 ROAMEO mobile security robot.
  • AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare.

AITX's Subsidiary Robotic Assistance Devices Participates in Its Fourth TV & Film Production with More Expected

Retrieved on: 
Monday, June 13, 2022
OTCQB, Company, Technology, Transport, Securities Exchange Act of 1934, Energy Independence and Security Act of 2007, Artificial intelligence, Forward-looking statement, SCOT, News, CEO, Government, Organization, ROSA, Solution, Challenge, RAD, Robotics, GLOBE, Private Securities Litigation Reform Act, Economics, Atmosphere, Securities Act of 1933, Industry, ROI, New, Education, Television, Safety, 3D printing

RAD devices have been sought after by film directors, production designers and television show runners due to their unique, hi-tech appearance and their inherent ability to interact with the storys characters.

Key Points: 
  • RAD devices have been sought after by film directors, production designers and television show runners due to their unique, hi-tech appearance and their inherent ability to interact with the storys characters.
  • And the devices are not simply props in the background, theyre engaged and interacting with the principals of the production.
  • RAD is presently in discussions for placing its robots in a few top-rated TV crime dramas and other film projects.
  • The Company anticipates that a least one film and one TV series featuring RAD devices will be distributed in the later this year.

AITX's Subsidiary Robotic Assistance Devices Receives Multiple AVA and Wally Order from Leading Global Logistics Company

Retrieved on: 
Tuesday, May 10, 2022
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Detroit, Michigan, May 10, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., ( OTCPK:AITX ), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) has received an order for 2 AVA and 1 Wally security robots from a top ranked global logistics company.

Key Points: 
  • Detroit, Michigan, May 10, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., ( OTCPK:AITX ), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) has received an order for 2 AVA and 1 Wally security robots from a top ranked global logistics company.
  • Although not named due to confidentiality agreements, the Company indicated that the end-user, and existing client, is a global leader in supply chain management & third-party logistics.
  • The Company did confirm that the 2 AVA autonomous access control security robots are expected to be deployed in June at one of the clients logistics centers.
  • The Company also confirmed that with the order for these 3 RAD devices brings the clients total units deployed and/or on order to 30.

AITX's Subsidiary Robotic Assistance Devices Expects Large Orders from Global Small Box Retailer and Second Casino Operator

Retrieved on: 
Friday, April 29, 2022
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These 2 orders are expected after months of in-person meetings, trade show visits, site walks, and being fully vetted by the clients.

Key Points: 
  • These 2 orders are expected after months of in-person meetings, trade show visits, site walks, and being fully vetted by the clients.
  • The Company commented that the retailer is expected to initially deploy 8 ROSAs as a pilot program at 2 of their locations.
  • Ive personally met with what we expect will be our second major casino operator, said Steve Reinharz, CEO of AITX.
  • AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare.