AITX's RAD Q1 FY27 Shipments Exceed 100 Devices, Up Nearly 50%
Artificial Intelligence Technology Solutions Inc.'s subsidiary, Robotic Assistance Devices (RAD), announced shipping 116 hardware devices in Q1 FY27, marking nearly 50% year-over-year growth. This increased output was achieved with approximately half the production staff, reflecting significant improvements in manufacturing efficiency and operational execution. The company noted strong demand for its AI-driven security solutions, contributing to growing recurring monthly revenue, further bolstered by a hardware price increase effective May 1, 2026. CEO Steve Reinharz highlighted progress across demand, production, and recurring revenue, aligning with the long-term objective of achieving operational positive cash flow.
Key Highlights
- RAD shipped 116 hardware devices in Q1 FY27, ending May 31, 2026.
- Shipments grew nearly 50% compared to the same quarter of the prior year.
- Increased production achieved with approximately half the production staff.
- Manufacturing time was reduced by approximately 30% during the quarter.
- Demand continues for ROSA, RIO, RIO Mini, AVA, and TOM solutions.
- Increased shipment volume contributes to growing recurring monthly revenue.
- A hardware price increase became effective on May 1, 2026.
Price Impact
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