AITX's RAD Deploys 12 RIO Mini Units to Secure Major Data Center Construction Site
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.