Business UpdateMay 27, 2026, 06:08 AM
AITX's RAD Converts Retail Security Pilot to Long-Term Deployment
AI Summary
Artificial Intelligence Technology Solutions Inc. (AITX) announced that its subsidiary, Robotic Assistance Devices (RAD), successfully converted a retail security pilot into a long-term deployment. A major retail property management organization has permanently deployed two ROSA security devices, now operating under a recurring monthly revenue agreement. The customer is also evaluating additional deployment opportunities across its portfolio of hundreds of properties, indicating significant growth potential for AITX's AI-driven security solutions.
Key Highlights
- AITX's RAD converted a retail security pilot into a permanent deployment for two ROSA security devices.
- The customer is now under a recurring monthly revenue agreement and exploring broader expansion.
- The pilot, initially planned for 30 days, extended to nearly three months.
- The deployment utilizes RAD's SARA agentic AI platform for autonomous notifications and escalation.
- The unnamed customer manages hundreds of retail and shopping center properties across North America.
- US retailers lost approximately $45 billion to shoplifting in 2024, highlighting the need for security solutions.
Price Impact
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