other material
confidence high
sentiment positive
materiality 0.40
AITX's RAD announces orders for 2 RIO 360s, 1 RIO Mini, 1 ROSA, 4 SARA licenses
Artificial Intelligence Technology Solutions Inc.
- Orders include two RIO 360 units, one RIO Mini, one ROSA, and four SARA licenses supporting third-party cameras.
- All orders come from existing customer and channel partner relationships, expanding RAD's presence across additional sites.
- A major medical technology enterprise ordered an additional RIO 360 for a Midwest facility; a spirits industry customer added RIO 360, ROSA, and 4 SARA licenses.
- RIO Mini order placed by an Alaska channel partner for deployment in demanding environment; solar-powered and compact.
- Company expects to add recurring monthly revenue (RMR) as deployments come online; Q3 of fiscal year ending Feb 28, 2027.