AITX RAD ships 116 devices in Q1 FY27, up ~50% YoY; manufacturing efficiency improves

Artificial Intelligence Technology Solutions Inc.

Shipped 116 hardware devices in Q1 FY27 (ended May 31, 2026), nearly 50% growth YoY.
Achieved with about half the production staff vs prior year; manufacturing time reduced ~30%.
Hardware price increase effective May 1, 2026 expected to strengthen deployment economics.
Recurring monthly revenue continues to grow driven by expanding deployments and software adoption.
CEO cautions company still reports material operating losses; no assurance of positive cash flow.

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