AITX Subsidiary RAD Secures New Healthcare & Construction Orders, Boosting Recurring Revenue
AITX is trading near its 52-week low of $0.012 (14% above the low).
Summary
AITX's RAD subsidiary secured new orders for three RIO 180 solar security trailers for healthcare facilities and two RIO Mini units for a large East Coast construction project. These deployments are expected to generate additional recurring monthly revenue. This news provides a positive operational update for the micro-cap company, which recently disclosed substantial doubt about its ability to continue as a going concern in its 10-K filing.
At the time of this announcement, AITX was trading at $0.01 on OTC in the Technology sector, with a market capitalization of approximately $5.1M. The 52-week trading range was $0.01 to $0.15. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.