AITX's RAD Deploys 12 RIO Mini Units to Secure Major Data Center Construction Site
AITX is trading near its 52-week low of $0.02 (10.0% above the low).
Summary
Artificial Intelligence Technology Solutions' RAD subsidiary has deployed 12 additional RIO Mini units with SARA licenses to secure 20 acres at a major data center construction site. This new order continues a pattern of recent business wins, including a previous order for 10 RIO Mini units in March. For a micro-cap company that reported substantial doubt about its ability to continue as a going concern, consistent revenue-generating contracts like this are crucial for validating its autonomous security solutions and recurring-revenue model.
At the time of this announcement, AITX was trading at $0.02 on OTC in the Technology sector, with a market capitalization of approximately $6.3M. The 52-week trading range was $0.02 to $0.16. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.