Recent Updates — AITX
Artificial Intelligence Technology Solutions Inc. announced that its wholly owned subsidiary, Robotic Assistance Devices (RAD), received an order for a fourth ROAMEO autonomous security patrol vehicle from a longstanding global logistics client. The unit is expected to be deployed at another facility by the end of 2026, bringing the total deployments with this customer to four, following two active units and one currently underway. This repeat business highlights expanding adoption within established enterprise accounts. AITX develops and provides AI-driven security and productivity solutions for enterprise clients.
Artificial Intelligence Technology Solutions Inc. announced its CEO, Steve Reinharz, has deferred 100% of his $420,000 annual base salary and committed to receiving no salary or bonus payments through February 28, 2027. This action is the first step in a balance sheet stability program aimed at reducing monthly operating cash expenses by approximately $35,000 per month. The company targets reaching its first breakeven milestone—monthly operating cash breakeven—in January 2027. Additionally, AITX plans to reduce cash spend by roughly $345,000 per month by that date through workforce reductions and cost cuts. The company reported fiscal second-quarter revenue of $1,985,604. Artificial Intelligence Technology Solutions Inc. develops and provides AI-driven security and productivity solutions for enterprise clients.
Artificial Intelligence Technology Solutions Inc.'s wholly owned subsidiary, Robotic Assistance Devices (RAD), will formally unveil the RAIA portable solar-powered security platform on November 9, 2026. The system combines autonomous detection with deterrence capabilities and is designed to deploy without a trailer or specialized crew. RAD estimates rental charges for RAIA will be up to 70% lower than competing providers, targeting applications across construction, logistics, and property management within the $1.49 billion mobile surveillance tower market. Early previews have generated interest from channel partners in multiple international regions, though no purchase commitments have been made. Artificial Intelligence Technology Solutions Inc. develops and provides AI-driven security and productivity solutions for enterprise clients.
Artificial Intelligence Technology Solutions Inc. delayed its first internal operating milestone—monthly operating cash breakeven—from December 2026 to January 2027. The company also announced a reduction in force of approximately 17 positions in October 2026, expanding on prior cuts, and raised its monthly cash spend reduction target to more than $350,000 per month starting February 2027. Second-quarter revenue was $1.99 million, up 8% sequentially. The company operates AI-driven security and productivity solutions for enterprise clients.
Artificial Intelligence Technology Solutions' subsidiary Robotic Assistance Devices secured orders for twelve autonomous security units spanning construction, commercial property, and logistics applications. The orders include five ROSA units from a channel partner, three ROSA units from a security services partner, two RIO Mini units for an existing customer, and two TOM units for a global logistics client. These deployments support the company's goal of generating positive cash flow through its Solutions-as-a-Service model. AITX develops and provides AI-driven security and productivity solutions for enterprise clients.