DealsJul 20, 2026, 06:07 AM
AITX's RAD Secures 5-Unit RIO 360 Expansion Order from Logistics Leader
AI Summary
Artificial Intelligence Technology Solutions Inc. (AITX) announced that its subsidiary, Robotic Assistance Devices (RAD), received an expansion order for five RIO 360 autonomous solar-powered security trailers. The order comes from an existing global logistics enterprise customer, marking a continuation of a multi-year relationship. These new units are slated for deployment in a Midwest distribution facility and are expected to generate recurring monthly revenue during the company's second fiscal quarter.
Key Highlights
- RAD secured an order for 5 additional RIO 360 autonomous security trailers.
- The order is from an existing global logistics enterprise customer.
- New units are scheduled for deployment at a Midwest distribution facility.
- Deployment and recurring revenue are expected in the company's second fiscal quarter.
- The customer first deployed RAD solutions in 2023 and operates dozens of devices.
Price Impact
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