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.

Detroit, Michigan, May 30, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc., (the “Company”) ( OTCPK:AITX ), is excited to announce it has retained a consultant to prepare its application for SAFETY Act designation from the U.S. Department of Homeland Security (DHS) for its recently enhanced, state-of-the-art Firearm Detection software solution. Successful designation, which is expected sometime in 2024, would challenge the current monopoly position held by ZeroEyes in this designation.

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

Company Reconfirms RMR Run Rate Increase of 505%, Significant Device Deployments, and Strategic Advancements in AI Security Solutions: Positions for Optimized Capital Raising with Form S-3 Filing

AITX Files FY2024 10-K and Form S-3

Enhanced AI Software Set and Double Authentication Feature Released to Revolutionize Security and Safety 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.

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

The Artificial Intelligence Technology Solutions (OTCMKTS: AITX) stock price has staged a strong bull run this year, helped by the strong demand for AI companies. It has soared by over 272% from its lowest level this year and is hovering near its highest point since July 2023.

AITX stock analysis: CEO salary raises some red flags

AIR Manifesto Now Available on AITX Website 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.

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

AI-Based Innovation Available Soon in RAD and RAD-R Solutions 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.

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

Doyle Security Services Orders Additional ROSA Security Robots for Retail Client Detroit, Michigan, May 14, 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 recently signed dealer, Doyle Security Services (Doyle) has purchased additional ROSA ™ units to be deployed at a major retail center operator. The large retail space operator had been grappling with persistent issues of trespassing and illegal dumping, posing significant nuisances and financial burdens.

Recently Signed Dealer Sees Great Opportunities in RAD Security Solutions

Key Highlight: Recurring Monthly Revenue Run Rate Increased 505% Detroit, Michigan, May 10, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), a global leader in AI-driven security and productivity solutions is pleased to announce that its audited financial results for the fiscal year ended February 29, 2024, have been filed in an updated S-1 filed on May 9, 2024. The Company highlights robust growth and operational success as evidenced by FY2024 closing with a recurring monthly revenue (RMR) run rate of $283,624, marking an increase of over 500% from the previous year's $56,802.

AITX FY2024 Financials Released with Several Categories Showing Triple Digit Growth

Detroit, Michigan, May 09, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc. (the “Company”) ( OTCPK:AITX ), announces a strategic expansion of its market reach through a new partnership with Nightingale Security Inc . This collaboration leverages Nightingale's proven autonomous drone technology, which has seen increasing sales both in the U.S. and internationally. The partnership is set to explore and capture substantial opportunities across Africa, Europe, Australia, and Latin America.

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

The Biden administration plans to put guardrails on U.S.-developed artificial intelligence (AI) models that power popular chatbots like ChatGPT to safeguard the technology from countries such as China and Russia, Reuters has reported.

Explainer: How dependent is China on US artificial intelligence technology?

Detroit, Michigan, May 08, 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 signed a memorandum of understanding (MOU) agreement with Commend Americas (Commend), outlining the details of the strategic relationship between the two companies for mutual collaboration and growth.

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

Pricing Move Expected to Further Accelerate RAD's Penetration in the Mobile Surveillance Unit (MSU) Marketplace

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

RAD's Single Largest Client has Placed Orders for 167 RAD Security Solutions Detroit, Michigan, May 01, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc., (the “Company”) ( OTCPK:AITX ), is pleased to announce an expansion order has been received from a highly-respected Fortune 50 client. Specifically, RAD has received orders for an additional 10 RIO ™ units, a continuation of the client's nationwide rollout that began in the summer of 2023.

AITX's RAD Receives Large RIO Expansion Order from Fortune 50 Client

Up to 20,000 RADCam™ Set for Q3 Production and Holiday Selling Season 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.

AITX Provides Sales Guidance for New Subsidiary RAD-R

Interview With SmallCapVoice.com Streaming on YouTube Now Detroit, Michigan, April 18, 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 share that Steve Reinharz, CEO/CTO of AITX and RAD was recently interviewed by SmallCapVoice.com . This wide-ranging, fast-paced interview covers many of the issues facing the Company, and Reinharz discusses the potential of reaching the goal of achieving operational cash flow positivity this calendar year.

AITX CEO, Steve Reinharz, Sets Forth the Company's Path to Potential Cash Flow Positivity

New and Expansion Opportunities from Security Trade Show Approaches 1000 Units Detroit, Michigan, April 16, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc. (the “Company”) ( OTCPK:AITX ), returned triumphant from its participation at ISC West 2024 , marking a watershed moment in the Company's journey towards unparalleled growth and innovation. The annual gathering, renowned as the premier event for the security industry, served as a platform for RAD to showcase its cutting-edge lineup of AI-powered security and safety solutions and to forge lucrative connections with industry leaders and stakeholders.

Leaving Las Vegas: AITX's RAD Emerges Victorious from ISC West 2024, Unveiling Unprecedented Expansion Opportunities

Detroit, Michigan, April 11, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc. (the “Company”) ( OTCPK:AITX ), has secured an initial order from a prominent healthcare provider ranked in the top 25 nationwide. The order is for multiple units of RAD's RIO™ 360 solar-powered security towers.

AITX's RAD Penetrates Further into Healthcare Market with Multiple RIO Order from Top 25 Healthcare Provider

Detroit, Michigan, April 04, 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 will have the most feature presentations and panels in Company history, and likely the most participation in the show education seminars than any other participant. RAD team members will have participation and/or leadership in a total of 9 education seminars at the 2024 International Security Conference & Exposition (ISC) West , taking place April 9-12 at the Venetian Expo in Las Vegas.

Unprecedented Showcasing: AITX's RAD Sets Sights on ISC West with Featured Presentations and Exposure

Detroit, Michigan, April 03, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the “Company”) ( OTCPK:AITX ), a global leader in AI-driven security and productivity solutions, is thrilled to announce the formation of a new subsidiary, Robotic Assistance Devices Residential, Inc. (RAD-R), as part of its strategic expansion into the residential security market. Filed for incorporation in Nevada on April 2, 2024, RAD-R is set to introduce its first consumer product based on the technology and success of AITX's widely acclaimed ROSA product from RAD-I ( Robotic Assistance Devices, Inc. ).

AITX Announces Formation of New Subsidiary, Robotic Assistance Devices Residential, Inc. (RAD-R), to Launch Innovative Residential Security Solutions

Law Enforcement Now Has a Secure, Easy and Affordable Way to Obscure Faces in Videos and Images Detroit, Michigan, March 26, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc. (the “Company”) ( OTCPK:AITX ), is pleased to announce the availability of ' SelectBlur ', to law enforcement agencies at zero cost1. This offers comes on the heels of widespread news stories of the Murrieta Police Department utilizing Lego images in an effort to obscure faces in booking photos and videos.

AITX's RAD Offers SelectBlur at No Cost to Law Enforcement Agencies

Action-Packed Bank Heist Film Premiered Thursday Night, with CEO Steve Reinharz in Attendance Detroit, Michigan, March 22, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc. (the “Company”) ( OTCPK:AITX ), today announced that ROSA, its most popular AI-powered security solution is featured in the upcoming action film ‘Cash Out'. Steve Reinharz, CEO/CTO of AITX and RAD, attended the premiere of the film at the Gasparilla International Film Festival Thursday night in Tampa, Florida.

AITX's and RAD's ROSA Appears in ‘Cash Out' Starring John Travolta

With RADDOG LE Gen2, RAD Further Leans into Law Enforcement Robotics Detroit, Michigan, March 21, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc. (the “Company”) ( OTCPK:AITX ), today announced that it began the early production stages for 100 units of its next generation RADDOG™ LE in January 2024. The ‘LE' version of RADDOG has been specifically designed and produced for law enforcement applications.

AITX's RAD Has Begun 100 Unit Robot Dog ‘RADDOG' LE Generation 2 Production Run

RADDOG LE Users in a New Era of Community Policing Detroit, Michigan, March 20, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc., (the “Company”) ( OTCPK:AITX ), today announced that it has delivered a RADDOG LE to the Taylor, Michigan Police Department. The delivery of RADDOG LE to the Taylor Police Department marks a historic moment in the integration of technology within law enforcement.

AITX's RAD Makes History with First Robotic Dog Deployed to Taylor Police Department

Company Receives First Purchase Order for Newly Announced Access Control Solution Detroit, Michigan, March 13, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc. (the “Company”) (OTCPK:AITX), today announced it received the first order for a solar-powered AVA ™ autonomous access control device. The end user is in the Oil & Gas industry and seeks to automate ingress and egress to remote areas in order to reduce manned guard service expense.

AITX's RAD Expands Further into Oil and Gas Industry with Solar-Powered AVA

Company Confirms August 2024 Timeframe Detroit, Michigan, March 12, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc. (the "Company") ( OTCPK:AITX ), a leader in AI-driven security and productivity solutions, today reconfirmed its expected achievement of operational profitability by August 2024. This forecast aligns with the projections shared during the annual investor event in November 2023, signaling sustained momentum in the Company's growth trajectory.

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