other material
confidence high
sentiment positive
materiality 0.20
AITX's RAD wins repeat RIO 180 order; property management account nears two dozen units
Artificial Intelligence Technology Solutions Inc.
- Robotic Assistance Devices received an additional RIO 180 order from an established property management customer already using a RIO unit at a vacant property.
- Customer is repositioning an existing RIO and adding a second unit to improve sight lines and deter trespassers at that site.
- Repeat orders, often one or two units at a time, have collectively built an account representing close to two dozen RIO units over a multi-year relationship.
- Troy McCanna, RAD Chief Revenue Officer and Chief Security Officer, said repeat orders are 'earned property by property.'
- No order value, revenue contribution or delivery timing was disclosed in the announcement.