“As ROSA’s sales velocity accelerated last summer, we made the strategic decision to order a large quantity of the device’s enclosure,” said
“It is not unusual for dealers or end-users to request quick delivery of ROSA units,” said
RAD had previously disclosed that ROSA 3.0 and soon to be announced ROSA 4.0 unit costs are 50% of the previous production models. These cost reductions are attributed to the bulk enclosure purchases, and by utilizing RAD-G’s ‘RADPack Mili’ controller that has replaced most existing internal hardware. “The Company is focused on reducing costs by tightly integrating components developed in-house, enhancing our purchasing prowess, and fortifying our manufacturing capabilities at the REX. Our efforts in this direction have yielded positive outcomes and we are currently making significant progress towards achieving our objectives,” Reinharz commented.
ROSA is a multiple award-winning, compact, self-contained, portable, security and communication solution that can be deployed in about 15 minutes. Like other RAD solutions, it only requires power as it includes all necessary communications hardware. ROSA’s AI-driven security analytics include human, firearm, vehicle detection, license plate recognition, responsive digital signage and audio messaging, and complete integration with RAD’s software suite notification and autonomous response library. Two-way communication is optimized for cellular, including live video from ROSA’s dual high-resolution, full-color, always-on cameras. RAD has published three Case Studies detailing how ROSA has helped eliminate instances of theft, trespassing and loitering at car rental locations and construction sites across the country.
AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the
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.
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About
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-M and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business. 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 staffs 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. To learn more, visit www.aitx.ai, www.stevereinharz.com, www.radsecurity.com, www.radgroup.ai, and www.radlightmyway.com, or follow
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Artificial Intelligence Technology Solutions, Inc.
Artificial Intelligence Technology Solutions, Inc.
RAD has received approximately 700 ROSA 3.x enclosures to help satisfy increased demand.
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