8-K: AITX's RAD ROAMEO Embarks on Nationwide Sales Demonstration Tour

Artificial Intelligence Technology Solutions' RAD is launching a nationwide tour in June to showcase its ROAMEO Gen 4 security robot to potential clients across major industries.

Summary

• Artificial Intelligence Technology Solutions Inc. (AITX), through its subsidiary Robotic Assistance Devices (RAD), is commencing a nationwide demonstration tour of its ROAMEO Gen 4 security robot in June 2025.
• The tour will feature live demonstrations at various locations, including retail, healthcare, logistics, and entertainment properties.
• ROAMEO Gen 4 is designed for autonomous patrols and rapid-response AI features.
• The robot is 6 feet 9 inches tall and weighs over 1,600 pounds, equipped with autonomous navigation and self-recharging capabilities.
• Initial deployments of ROAMEO Gen 4 are expected to begin in August and September.
• RAD was awarded Frost & Sullivan's 2024 Enabling Technology Leadership Award.
• AITX aims to redefine the nearly $50 billion security and guarding services industry with its AI-driven Solutions-as-a-Service business model.
• RAD solutions are designed to provide cost savings of 35%-80% compared to traditional manned security.
• RAD has a prospective sales pipeline of over 35 Fortune 500 companies.

Sentiment

Score: 8

Explanation: The document conveys a positive sentiment due to the launch of a nationwide tour, expected deployments, and recognition from Frost & Sullivan. The focus on cost savings and innovation also contributes to the positive outlook.

Positives

• ROAMEO Gen 4 offers autonomous patrol capabilities and rapid-response AI features.
• The robot is designed to reduce reliance on costly human guards and enhance real-time awareness.
• RAD's solutions provide cost savings of 35%-80% compared to traditional manned security.
• The company has a strong sales pipeline with potential for recurring revenue from Fortune 500 clients.
• RAD's technology has been validated through a SOC 2 Type 2 audit.

Risks

• The press release contains forward-looking statements that are not guarantees of future performance.
• The company makes no representations or warranties as to the accuracy or completeness of the information provided.
• There is no obligation to provide recipients with updated information.
• The company's future revenues, results of operations, or stock price are not indicated in this publication.

Future Outlook

The company expects to attract new business by converting existing sales opportunities into deployed clients generating a recurring revenue stream, with each Fortune 500 client having the potential for numerous reorders over time.

Management Comments

• Steve Reinharz, CEO/CTO of AITX and RAD, stated, 'We believe ROAMEO represents the future of outdoor security, and this tour is about showing, not telling.'
• He also said, 'Clients want solutions that work right now, that cut costs, and that deliver results without compromise. ROAMEO Gen 4 does exactly that.'

Industry Context

AITX is positioning itself to disrupt the traditional security and guarding services industry by offering AI-driven robotic solutions that provide cost savings and enhanced security capabilities. This aligns with the broader trend of automation and AI adoption in various industries to improve efficiency and reduce costs.

Comparison to Industry Standards

• The document does not provide specific comparisons to industry standards or competitors.
• However, it highlights RAD's ability to deliver proactive security, reduce costs, and bridge the gap between autonomous technologies and human oversight, suggesting a competitive advantage.
• The Frost & Sullivan award further validates RAD's position as a technology leader in the autonomous security space.

Stakeholder Impact

• Shareholders: Potential for increased revenue and market share.
• Employees: Opportunity to work with innovative technology.
• Customers: Access to cost-effective and advanced security solutions.
• Suppliers: Potential for increased demand for components and services.
• Creditors: Increased financial stability due to potential revenue growth.

Next Steps

• Conduct nationwide demonstration tour of ROAMEO Gen 4.
• Deploy initial ROAMEO Gen 4 units in August and September.
• Convert sales opportunities into deployed clients generating recurring revenue.

Key Dates

Keywords

ROAMEO Gen 4, security robot, autonomous security, Robotic Assistance Devices, AITX, artificial intelligence, security, robotics