Artificial Intelligence Technology Solutions Inc.

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Artificial Intelligence Technology Solutions, Inc. engages in the provision of artificial intelligence (AI) solutions. It focuses on delivering AI driven technologies, paired with multi-use hardware and supported by custom software and cloud services, to intelligently automate and integrate security, concierge and operational tasks. The company was founded by John B. Crawford on March 25, 2010 and is headquartered in Ferndale, MI.

Once a Disruptor, Now a Mainstream Provider to the Security Industry Detroit, Michigan, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices, Inc. (RAD), a wholly owned subsidiary of Artificial Intelligence Technology Solutions, Inc. (the “Company”) ( OTCPK:AITX ), a global leader in AI-driven security and productivity solutions for enterprise clients, proudly announces that it has surpassed the significant milestone of 1,000 deployed and contracted security devices as of late October. This achievement underscores RAD's evolution from a disruptor to a mainstream solution provider within the security industry.

AITX's RAD Celebrates Surpassing Major Milestone of 1,000 Devices Deployed and Awaiting Deployment

Detroit, Michigan, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions , Inc. (the “Company”), ( OTCPK:AITX ), a global leader in AI-driven security and productivity solutions, anticipates a renewed commitment to public safety and security from federal, state, and local governments in the coming months, regardless of election results. With an increasing demand for safer communities and responsive public spaces, AITX and its subsidiary, Robotic Assistance Devices, Inc . (RAD), are prepared to support evolving government initiatives with advanced security solutions that enhance protection while offering significant cost savings across sectors.

AITX Anticipates Renewed Government Focus on Enhanced Security Measures Regardless of Election Outcomes

‘ROAMEO Generation 4' Poised to Fulfill Broad Market Need Detroit, Michigan, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc. (the “Company”) ( OTCPK:AITX ), reveals the core specifications for its highly anticipated next generation wheeled robot, ROAMEO™ Generation 4 (Gen 4). After years of development, this mobile robot is scheduled for customer demonstrations beginning in March 2025.

AITX's RAD Reveals Next Generation Wheeled Security Robot

AITX Continues its Longstanding Commitment to Highest Levels of Compliance and Transparency Detroit, Michigan, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc. , (the “Company”) ( OTCPK:AITX ), a global leader in AI-driven security and productivity solutions, announces its transition to the newly established OTCID Market, which will become effective in July 2025, at which time the OTC Markets Pink Current Market will become OTCID. The OTCID Market will formally recognize companies like AITX that meet the future OTCID current information reporting requirements, once established.

AITX to Transition to OTCID Market Classification

Detroit, Michigan, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc. (the “Company”), (OTCPK:AITX) a global leader in AI-driven security and automation solutions, is pleased to announce significant cost reductions in its latest generation of products. The Company's Generation 4 lineup, which launched in Q2 FY 2025, has seen impressive cost optimizations in Q3 as RAD implemented strategic manufacturing improvements.

AITX's RAD Achieves Strategic Cost Reductions in Q3 for Generation 4 Products, Highlighting Commitment to Innovation and Efficiency

ROAMEO Gen4 Expected to Become RAD's Highest Recurring Revenue-Generating Solution Upon Deployment Detroit, Michigan, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices, Inc. ( RAD ), a subsidiary of Artificial Intelligence Technology Solutions , Inc. (the “Company”), ( OTCPK:AITX ) reports that its sales funnel of enterprise organizations interested in becoming ROAMEO clients is ‘in the dozens'. These Fortune 1000 organizations have expressed strong interest in the highly anticipated ROAMEO Gen4 autonomous mobile security robot.

AITX's RAD Announces Dozens of Qualified ROAMEO™ Gen4 Opportunities Across Key Verticals, Deliveries to Begin Spring 2025

Company to Use 10,000 for First RADCam ™ Production Run Detroit, Michigan, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices Residential, Inc. ( RAD-R ), a subsidiary of Artificial Intelligence Technology Solutions , Inc. (the “Company”), ( OTCPK:AITX ) today announced the purchase of 1 million unique MAC addresses. These addresses will be assigned to RADCam units as the Company ramps up production and deployment of its innovative residential security device.

AITX's RAD-R Acquires 1 Million MAC Addresses

ROAMEO Gen4 Achieves Full Autonomy, Setting the New Standard in Mobile Robotic Security Detroit, Michigan, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices Mobile, Inc. (RAD-M), a subsidiary of Artificial Intelligence Technology Solutions, Inc. (the “Company”), (OTCPK:AITX) has attained the advanced achievement of Level 5 autonomous navigation, part of its development of ROAMEO Gen4 security robot. This breakthrough positions ROAMEO Gen4 as a fully autonomous solution capable of operating independently in diverse environments without human intervention while performing advanced human-like functionality.

AITX's RAD-M Achieves Level 5 Autonomous Navigation with ROAMEO™ Gen4 Development

Revenue and Gross Profit 3X of Same Quarter Prior Year Detroit, Michigan, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc. , (the “Company”) ( OTCPK:AITX ), a global leader in AI-driven security and productivity solutions along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced its financial results for the second quarter of fiscal year 2025, which ended on August 31, 2024. AITX Q2 FY 2025 revenue increased to 348% compared to FY 2024 Q2 revenue and Q2 FY 2025 gross profit increased to 301% of FY 2024 Q2 gross profit.

AITX Announces Continuation of Exponential Growth in Q2 FY 2025 Financial Results

Major Milestone Approaching for Once Small Disruptor, Now Mainstream in the Security Industry Detroit, Michigan, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices, Inc. (RAD), a wholly owned subsidiary of Artificial Intelligence Technology Solutions, Inc. (the “Company”) ( OTCPK:AITX ), a global leader in AI-driven security and productivity solutions for enterprise clients, is pleased to announce that the is approaching the significant milestone of 1,000 security devices deployed, including devices in the contracted backlog, pending delivery and acceptance. This achievement not only marks the Company's rapid expansion but also signals RAD's growing presence as a mainstream solution provider in the security industry.

AITX's RAD Nearing 1000 Devices Deployed Milestone

RAD's Chief Security Officer, Troy McCanna, Highlights the Impact of AI-Driven Technology on Public Safety During Interview

RAD's RIO Featured on News 5 Cleveland's Newscast

Cutting-Edge Technology Aims to Enhance Safety in Public Square Detroit, Michigan, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Downtown Cleveland, in partnership with Robotic Assistance Devices (RAD) , a wholly owned subsidiary of Artificial Intelligence Technology Solutions, Inc. (the “Company”) ( OTCPK:AITX ), a global leader in AI-driven security and productivity solutions for enterprise clients, is proud to unveil a groundbreaking smart security camera system designed to bolster safety and security in Public Square. This innovative technology, the first of its kind in the city, is the latest addition to Downtown Cleveland's comprehensive approach to creating a vibrant, welcoming and secure city center.

Downtown Cleveland, Inc. Teams Up with AITX's RAD to Launch Smart Security & Safety System

Detroit, Michigan, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc. (the “Company”) ( OTCPK:AITX ), a global leader in AI-driven security and productivity solutions for enterprise clients, along with its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD), is pleased to announce that 3JS Security , a Service-Disabled Veteran-Owned Small Business (SDVOSB) and trusted security solutions provider, has joined RAD's network as an authorized dealer. This collaboration aims to accelerate the deployment of RAD's advanced AI-powered security solutions across 3JS Security's extensive client base.

AITX's RAD Welcomes 3JS Security as an Authorized Dealer, Expanding the Reach of AI-Powered Security Solutions

Order Value Exceeds 50% of the $1 Million In Annual Recurring Revenue Previously Announced Detroit, Michigan, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc. (the “Company”) ( OTCPK:AITX ), a global leader in AI-driven security and productivity solutions for enterprise clients, along with its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD), is pleased to announce that it has received an expansion order for 32 RIO 360 solar-powered security towers from an existing client.

AITX's RAD Receives 32 Unit RIO™ Expansion Order from Major Client

AI-Powered Talking Security Camera Available for Purchase at radcam.ai

AITX's Subsidiary RAD-R Now Accepting RADCam™ Preorders Online

Company Continues to Demonstrate Continued Growth & Path to Operational Profitability Detroit, Michigan, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc. (the "Company") ( OTCPK: AITX ), a global leader in AI-driven security and productivity solutions, announces an extension of its commitment to not executing a reverse split before January 1, 2026, with two exceptions.

AITX Again Extends Commitment of No Reverse Stock Split

Detroit, Michigan, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the “Company”) ( OTCPK:AITX ), along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced its planned activities at the Global Security Exchange (GSX) Conference, September 23-25, in Orlando, Florida.

AITX's Subsidiary, Robotic Assistance Devices, Heads to GSX 2024 With ROSA Gen4 and RADCam, Participating with Key Partners

Creates New Class of Intelligent Home Security Cameras Detroit, Michigan, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc. (the “Company”) ( OTCPK:AITX ), is proud to announce the launch of RADCam™, a groundbreaking residential security product from its subsidiary Robotic Assistance Devices Residential, Inc. (RAD-R).

AITX's Subsidiary RAD-R Unveils RADCam™, The Revolutionary Security Camera That Talks Back

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Multi-Unit Reorder to Start New Quarter & 2 nd Half of Fiscal Year

AITX's RAD Kicks Off Q3 FY 2025 with Strong Opening Order, Accelerated Dealer Growth, and Strong Order Momentum

Company Closing the Gap to Achieve $10 Million+ in Annual Recurring Revenue Run Rate by End of Fiscal Year Detroit, Michigan, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc. (the "Company") (OTCPK:AITX), a global leader in AI-driven security and productivity solutions, along with its wholly-owned subsidiary Robotic Assistance Devices, Inc. (RAD), is pleased to announce that its second quarter of FY 2025 marked its best quarter to date for order intake.

AITX's RAD Reports Record Order Intake for Q2 FY 2025

The Company Expects Core RAD Inc. Revenue to be Greater Than Operational Expenses in September Detroit, Michigan, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc. (the "Company") ( OTCPK:AITX ), a global leader in AI-driven security and productivity solutions for enterprise clients, is proud to announce that its wholly-owned subsidiary Robotic Assistance Devices, Inc. (RAD), expects that in September 2024 it can be considered operationally profitable when comparing core operational costs against revenues invoiced that month. Specifically, AITX and its four subsidiaries have an approximated monthly payroll and health insurance cost of $630,000.

AITX's RAD Announces Operational Cash Flow Positivity

Innovative Talking Camera Integrates AI-Powered Communication, Setting New Standards for Home Security Solutions

AITX's RAD-R Set to Launch RADCam Pre-Orders in Mid-September, Pioneering the Next Evolution in Residential Security

Deployments to Begin this Month Detroit, Michigan, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc. (the “Company”) ( OTCPK:AITX ), is pleased to announce that it has received anticipated purchase orders for 53 RIO ™ units from a major Fortune 500 client (the “Units”). These orders were previously announced, as expected, in a July 23, 2024 press release.

AITX's RAD Receives Anticipated Purchase Orders for 53 RIO Units

RAD's Fiscal Year 3rd Quarter Order Intake on Track to be Record Breaking Detroit, Michigan, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc., (the “Company”) ( OTCPK:AITX ), is pleased to share it has been told it will receive an additional 15 sites for RIO device placement. The design for each site has been completed and it is expected the 15 sites will use an additional 52 RIO ™ solar-powered security trailers which will total nearly $1 million in annual recurring revenue (ARR) and over $1 million annual recurring revenue when additional remote monitoring contract fees are included.

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