Artificial Intelligence Technology Solutions, Inc., alongside its subsidiary Robotic Assistance Devices, Inc. (RAD), has received initial orders from a national auction operator for one RIO™ 360 and one RIO Mini, featuring a SARA™ license. Both devices are part of RAD's award-winning agentic AI platform. This development is aimed at fortifying security at auction sites where valuable assets are vulnerable and will serve as a foundation for further deployments across multiple locations operated by the client.
RAD's SARA Platform
Powered by the SARA platform, RIO 360 and RIO Mini offer continuous monitoring, real-time detection, and autonomous response capabilities. These solutions cater to environments where traditional security methods are ineffective or too costly. The company has seen an increasing interest from organizations seeking to safeguard high-value assets while also reducing dependency on conventional security guards.
Addressing Unique Security Needs
Mark Folmer, CPP, PSP, President of RAD, emphasized the relevance of their solutions in industries protecting valuable, exposed assets, stating, "Auction sites face unique security challenges, and we are pleased to deliver technology that addresses those needs while setting the stage for expansion." Steve Reinharz, CEO/CTO and founder of AITX and RAD, added, "We are seeing momentum continue to pick up. We remain focused on executing for our clients, channel partners, and shareholders."
Strengthening RAD's Market Position
The initial deployments with the national auction operator signify further market penetration in new industries, contributing to RAD's growing pipeline of opportunities. Management anticipates more orders as the operator assesses broader adoption across its sites, supporting RAD's trajectory towards increased recurring revenue.
Innovative Security Model
RAD, a subsidiary of AITX, is revolutionizing the $50 billion US security and guarding services industry with its AI-driven Solutions-as-a-Service model. RAD's offerings can deliver cost savings of 35%-80% by replacing traditional manned security with advanced robotic solutions. These solutions are particularly designed for environments where machines can excel, reducing the need for human personnel. All RAD technologies, including AI-based analytics and software platforms, are developed internally.
Certified Data Security and Compliance
AITX's operations have been verified through a SOC 2 Type 2 audit, affirming its competent handling of customer data through effective internal controls. This certification boosts the company's credibility among enterprise and government clients that demand strict data protection and security compliance.
Experienced Leadership and Vision
Steve Reinharz, at the helm of AITX as CEO/CTO, leads a team with profound experience in security services, including Mark Folmer, Chair of the ASIS International North American Regional Board of Directors, Troy McCanna, former FBI Special Agent, and Stacy Stephens, co-founder of Knightscope. This extensive expertise underpins RAD’s capacity to offer innovative and effective solutions to its clients.
Prospective Client Growth
RAD has a robust pipeline that includes over 35 Fortune 500 companies and numerous other potential clients. The company anticipates continued growth as it converts opportunities into active client engagements, resulting in a continuous revenue stream. Fortifying existing sales opportunities into deployments, each Fortune 500 client represents the potential for multiple reorders over time.
Enhancing Security Economics
AITX's technology enhances the efficiency of patrolling and guarding services, allowing experienced staff to focus on strategic tasks while maintaining improved situational awareness at a reduced cost. These solutions are ideal for a wide array of industries such as enterprise, government, transportation, critical infrastructure, education, and healthcare, providing significant operational improvements and increased ROI.
Artificial Intelligence Technology Solutions, Inc., a pioneer in AI-driven security and productivity solutions, along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), announced that it has received initial orders for one RIO™ 360 and one RIO Mini, each with a SARA™ license, the Company’s multiple award-winning agentic AI platform, from a national heavy equipment auction operator.
These first deployments will strengthen security at auction sites where valuable assets are exposed and are expected to serve as the foundation for a broader rollout across the operator’s multiple locations.
RAD’s SARA platform
RIO 360 and RIO Mini, both powered by RAD’s SARA platform, are designed to provide continuous monitoring
This order follows a series of recent orders and deployments that demonstrate increasing demand for RAD’s mobile and stationary security solutions.
RIO 360 and RIO Mini, both powered by RAD’s SARA platform, are designed to provide continuous monitoring, real-time detection, and autonomous response in environments where traditional security measures are costly or ineffective.
The Company continues to see strong interest from organizations seeking to protect high-value assets and reduce reliance on conventional guard services.
Unique security challenges
“This order demonstrates how RAD’s solutions are being applied in industries that require protection of valuable, exposed assets,” said Mark Folmer, CPP, PSP, President of RAD.
“Auction sites face unique security challenges, and we are pleased to deliver technology that addresses those needs while setting the stage for expansion.”
“We are seeing momentum continue to pick up,” said Steve Reinharz, CEO/CTO and founder of AITX and RAD. “We remain focused on executing for our clients, channel partners and shareholders.”
Reinforcing RAD’s trajectory
With these initial deployments, RAD continues to demonstrate traction across new industries, adding to the Company’s expanding pipeline of opportunities.
Management expects additional orders as the operator evaluates deployments across all of its locations, reinforcing RAD’s trajectory of recurring revenue growth.
RAD's security guarding and monitoring model
RAD delivers these cost savings via a suite of stationary and mobile robotic solutions that complement
AITX, through its primary subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the nearly $50 billion (US) security and guarding services industry through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model.
RAD solutions are specifically designed to provide cost savings to businesses of between 35%-80% when compared to the industry’s existing and costly manned security guarding and monitoring model.
RAD delivers these cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house.
Data protection and security compliance
The Company’s operations and internal controls have been validated through the successful completion of its SOC 2 Type 2 audit, which is a formal, independent audit that evaluates a service organization’s internal controls for handling customer data and determines if the controls are not only designed properly but also operating effectively to protect customer data.
This audit reinforces the Company’s credibility with enterprise and government clients who require strict data protection and security compliance.
Reinforce RAD’s ability
Reinharz serves as chair of the SIA Autonomous Solutions Working Group and as a member of the SIA Board of Directors
RAD is led by Steve Reinharz, CEO/CTO and founder of AITX and RAD, who brings decades of experience in the security services industry. Reinharz serves as chair of the Security Industry Association’s (SIA) Autonomous Solutions Working Group and as a member of the SIA Board of Directors.
The RAD team also draws on extensive expertise across the sector, including Mark Folmer, CPP, PSP, President of RAD and Chair of the ASIS International North American Regional Board of Directors, Troy McCanna, former FBI Special Agent and RAD’s Chief Security Officer, and Stacy Stephens, co-founder of security robotics company Knightscope ($KSCP).
Their combined backgrounds in security industry leadership, law enforcement, and robotics innovation reinforce RAD’s ability to deliver proven, practical, and disruptive solutions to its clients.
Next-generation robotic product offerings
RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time.
RAD has a prospective sales pipeline of over 35 Fortune 500 firms and numerous other client options
AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas.
Through its next-generation robotic product offerings, AITX’s RAD, RAD-R, RAD-M, and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business.
Economics of patrolling and guard services
AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks.
Customers augment the capabilities of existing staff and gain higher levels of situational awareness, all at drastically reduced cost.
AITX solutions are well-suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare.
