other material
confidence high
sentiment positive
materiality 0.70
AITX's RAD raises hardware prices 14% after nearly three-year hold; SARA becomes standard
Artificial Intelligence Technology Solutions Inc.
- Price increase of ~14% across RAD hardware lineup effective May 1, 2026; orders by April 30 honored at current rates.
- SARA (Speaking Autonomous Responsive Agent) now included as standard on all devices, previously an add-on.
- Existing contract pricing grandfathered indefinitely; new orders only affected.
- Company absorbed component/logistics/compliance costs for nearly three years; expects margin impact starting Q3 FY2027 (ending Nov 30, 2026).
- CEO Steve Reinharz states price adjustment necessary, company accelerating technology roadmap.