Artificial Intelligence Technology Solutions, Inc. is pleased to announce that Robotic Assistance Devices (RAD), its wholly owned subsidiary, has received a seven-unit order comprised of Scots and Rosas from a Public Transit Agency in Texas to be deployed at a variety of locations in support of guarding operations. RAD received this order from one of its largest dealers in its network.
Very happy to share our latest release as we work to get more communication out to our base
“I expect this 28-month contract to be our signature deployment in the public transit industry and that other similar organizations will seek to replicate it across the country,” said Steve Reinharz, President and CEO of RAD. “The solution helps the organization save significant money while improving their security.”
The US transit system is comprised of over 1,500 private and public organizations engaged in bus, light rail, subway and other transport medians, presenting a tremendous opportunity for RAD as it works to penetrate this vertical. RAD has commenced the deployment of this order and expects to complete deployment within the next few months. RAD expects to deploy more orders in the near future as it continues to increase the number of deployed units in the field and thereby increasing its recurring revenue.
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RAD has a sales pipeline of over 35 Fortune 500 companies and numerous other potential clients. RAD expects to continue to attract new clients as it converts its existing sales pipeline into paying customers. Each new Fortune 500 customer has the potential of making numerous reorders over time.
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