Artificial Intelligence Technology Solutions Inc.

Artificial Intelligence Technology Solutions Inc. (AITX) announced that Frost & Sullivan, a global growth consulting firm, highlighted the company's role in the evolution of Physical AI Security. A Frost & Sullivan Transformational Growth Leadership discussion features AITX CEO/CTO Steve Reinharz, exploring how RAD's deployments and the SARA agentic AI platform are reshaping the security industry. This marks the second major recognition from Frost & Sullivan, reinforcing AITX's leadership in AI-driven autonomous security solutions.

Artificial Intelligence Technology Solutions Inc. (AITX), through its subsidiary Robotic Assistance Devices, Inc. (RAD), announced additional orders from existing healthcare and construction customers. These expansion orders include three RIO 180 solar-powered security trailers for healthcare facilities in California and two RIO Mini units for a large construction project on the East Coast. The company expects these deployments to significantly contribute to recurring monthly revenue, reflecting increased customer confidence in RAD's AI-driven security solutions.

Artificial Intelligence Technology Solutions (AITX) announced it is positioning its ROAMEO autonomous security patrol vehicle for its next growth phase, launching a redesigned website for its subsidiary RAD-M to support increased sales. The company projects 25 to 50 ROAMEO deployments in the current fiscal year, potentially generating $175,000 to $500,000 in recurring monthly revenue. This follows a decade of significant investment in ROAMEO's development and real-world deployments, with discussions ongoing across various market segments.

Artificial Intelligence Technology Solutions Inc. (AITX) confirmed its audited fiscal year 2026 financial results, consistent with preliminary figures, reporting a 26% revenue increase to $7.75 million and a 48% rise in gross profit to $5.53 million, expanding gross margin to 71%. The company also detailed its three-pillar operating strategy, focusing on Stationary Solutions (RAD-I), Mobile Autonomous Platforms (RAD-M), and Agentic AI Platform (RAD-G), and outlined its long-term "RAD Town" vision for integrated autonomous security.

Artificial Intelligence Technology Solutions Inc. (AITX) faces substantial doubt about its ability to continue as a going concern, as noted by its independent auditor, due to recurring net losses, negative operating cash flows, and an accumulated deficit exceeding $171 million. The company, a non-accelerated and smaller reporting filer, reported an aggregate market value of non-affiliate common equity of approximately $15.8 million as of August 31, 2025. AITX is actively developing and deploying AI-driven security solutions through its subsidiaries, with its mobile autonomous platform (ROAMEO) commencing commercial deployment in May 2026, but relies on continued external financing.

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.

Artificial Intelligence Technology Solutions Inc. (AITX), through its subsidiary Robotic Assistance Devices (RAD), announced new orders for two RIO Mini security trailers and two ROSA stationary security devices. These systems, integrated with the SARA AI platform, will be deployed across multiple active construction sites, continuing RAD's momentum in this rapidly expanding sector. The client, who previously expanded use after a large deployment in December 2025, relies on RAD's autonomous solutions for site security without an internal security department or contracted guards, reflecting a growing industry trend.

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.

Artificial Intelligence Technology Solutions Inc. (AITX), through its Robotic Assistance Devices (RAD) subsidiary, announced an existing construction client ordered 12 additional RIO Mini autonomous solar-powered security trailers. These units, each with a SARA license, will secure 20 acres of material storage at a major data center construction project. This expansion brings the total deployment at this single site to 42 devices, operating entirely without traditional guarding services and relying on RAD's autonomous security ecosystem. The move demonstrates growing client confidence in autonomous security and reinforces AITX's recurring revenue model.

Artificial Intelligence Technology Solutions Inc. (AITX), through its subsidiary Robotic Assistance Devices, Inc. (RAD), announced a new direct customer agreement with a global healthcare organization. This deal involves the initial deployment of multiple RIO 360™ solar-powered autonomous security solutions, aimed at improving security operations and reducing traditional guarding costs. The deployment is expected to be completed by mid-June, with ongoing discussions for further expansion across the client's facility network.