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AVANTE CORP. ANNOUNCES CHANGES TO BOARD OF DIRECTORS
Globenewswire· 2026-02-26 22:01
Not for distribution to U.S. news wire services or for dissemination in the United States Toronto, Ontario, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Avante Corp. (TSX.V: XX) ("Avante" or the "Company"), a global provider of technology-enabled security solutions and services, today announces changes to its board of directors (the “Board”). Effective today, Wade Burton has resigned from the Board. To fill the vacancy created by the departure, Wendy Teramoto has been appointed as a director. Ms. Teramoto has been a s ...
AITX's ROAMEO Presented in Nashville as Enterprise Engagement Expands
TMX Newsfile· 2026-02-26 13:40
Detroit, Michigan--(Newsfile Corp. - February 26, 2026) - Artificial Intelligence Technology Solutions, Inc. (OTCID: AITX) (the "Company"), a global leader in AI-driven security and productivity solutions, along with its wholly owned subsidiaries, Robotic Assistance Devices, Inc. (RAD-I), and Robotic Assistance Devices Mobile, Inc. (RAD-M), today announced that the third leg of ROAMEO's™ national demonstration tour has arrived in Nashville, Tennessee, where CEO/CTO and founder Steve Reinharz is personally ...
AITX's RAD Marks 26 Consecutive Weeks of Order Intake
TMX Newsfile· 2026-02-25 13:40
Core Insights - The company, Artificial Intelligence Technology Solutions, Inc. (AITX), has confirmed 26 consecutive weeks of order intake for its autonomous security solutions, indicating strong customer demand and expansion of its recurring monthly revenue (RMR) base [1][3]. Group 1: Order Intake and Revenue Growth - AITX's subsidiary, Robotic Assistance Devices, Inc. (RAD), has seen consistent bookings across its product portfolio, including RIO™, ROSA™, SARA™, ROAMEO™, and AVA™, reflecting a mature sales engine and growing market acceptance [1][3]. - The company aims to achieve positive operational cash flow by May 2026 while managing costs effectively [3]. - The diversity of applications across commercial, industrial, and campus settings demonstrates broader market acceptance of autonomous security solutions [3]. Group 2: Product Offerings and Market Position - RAD's solutions are designed to provide cost savings of 35%-80% compared to traditional manned security services, positioning the company as a leader in the nearly $50 billion security services industry [6]. - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating significant growth potential as it converts sales opportunities into recurring revenue streams [9]. Group 3: Technology and Innovation - AITX's technology, including the SARA™ platform, enhances operational efficiency and situational awareness while reducing costs for clients across various industries such as government, transportation, and healthcare [10][13]. - The company has successfully completed a SOC 2 Type 2 audit, validating its internal controls for handling customer data and enhancing its credibility with enterprise and government clients [7]. Group 4: Leadership and Expertise - AITX is led by experienced professionals, including CEO Steve Reinharz, who has extensive experience in the security services industry and is actively involved in industry associations [8]. - The leadership team includes individuals with backgrounds in law enforcement and security industry innovation, reinforcing the company's capability to deliver effective solutions [8].
AITX Announces Strategic Capital Realignment to Support Long-Term Objectives
TMX Newsfile· 2026-02-23 13:40
Detroit, Michigan--(Newsfile Corp. - February 23, 2026) - Artificial Intelligence Technology Solutions, Inc., (OTCID: AITX) (the "Company"), a global leader in AI-driven security and productivity solutions, today announced a coordinated capital structure initiative following Board of Directors approval and prior shareholder authorization. The initiative includes an increase in authorized common shares and the pending implementation of the Company's previously approved reverse stock split, currently under r ...
AITX's RAD Secures Three Additional RIO Mini Units from Major Consumer Products Manufacturer
TMX Newsfile· 2026-02-20 13:40
Detroit, Michigan--(Newsfile Corp. - February 20, 2026) - Artificial Intelligence Technology Solutions, Inc. (OTCID: AITX) (the "Company"), a global leader in AI-driven security and productivity solutions, along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced that a major consumer products manufacturer has booked three additional RIO™ Mini units, each licensed with SARA™, RAD's Speaking Autonomous Responsive Agent platform. This direct enterprise sale brings the cl ...
Cloudastructure Deploys Solar-Powered AI Security Enclosures Across Multiple States, Expanding Critical Infrastructure Protection Market Opportunity
Globenewswire· 2026-02-19 14:00
Off-Grid Solution Supports Recurring SaaS Revenue In Renewable Energy And Industrial SectorsPALO ALTO, CA, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Cloudastructure, Inc. (Nasdaq: CSAI) (“we,” “us,” “our,” “Cloudastructure” or the “Company”), an award-winning provider of AI-powered video surveillance, real-time remote monitoring, security analytics, and remote guarding services, today announced the commercial deployment of its first solar-powered security enclosure across multiple critical infrastructure sites in M ...
AITX's RAD Expands into Luxury Multifamily with Integrated Autonomous Security Deployment
TMX Newsfile· 2026-02-19 13:40
Detroit, Michigan--(Newsfile Corp. - February 19, 2026) - Artificial Intelligence Technology Solutions, Inc. (OTCID: AITX) (the "Company"), a global leader in AI-driven security and productivity solutions, along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced that an active RAD Channel Partner has secured a luxury mixed use multifamily property management client for the deployment of one ROSA™ security device and two RADCam™ Enterprise units, all licensed with SARA ...
Cloudastructure Selected by Top-15 NMHC Operator to Deploy AI-Powered Video Surveillance and Remote Guarding at Luxury Houston Community
Globenewswire· 2026-02-12 14:00
Core Insights - Cloudastructure has partnered with a top 15 multifamily property management firm in the U.S. to implement its AI-powered video surveillance and real-time monitoring solutions, replacing traditional security models with a documented 98% crime deterrence rate [1][6][9] Group 1: Partnership and Implementation - The partnership with the property management firm marks Cloudastructure's collaboration with eight of the top 15 property management companies in the U.S. [1] - The selected luxury property in Houston, Texas, will utilize Cloudastructure's platform to enhance security and operational efficiency [1][5] Group 2: Challenges with Traditional Security - The property management firm faced issues with traditional physical security, including inconsistent response times and limited visibility [2] - Ownership sought improved operational intelligence, faster access to video evidence, and better enforcement of resident policies [2] Group 3: Advantages of Cloudastructure's Solutions - Cloudastructure's advanced AI security analytics, including facial recognition and license plate recognition, distinguished it from legacy providers [3] - The flexible, contract-friendly deployment model was a significant factor in the partnership decision, aligning with operational and budget requirements [4] Group 4: Industry Trends - The partnership reflects a broader trend of adopting AI video surveillance and remote guarding services in institutional multifamily portfolios, driven by top NMHC operators [5] - Multifamily operators are increasingly moving towards intelligent systems that actively deter crime and provide measurable performance [6] Group 5: Operational Benefits - Cloudastructure's solutions offer live monitoring, automated detection of suspicious behavior, and cloud-based video access for rapid investigations [7] - The platform enhances resident safety, strengthens policy enforcement, and improves operational efficiency while reducing total cost of ownership by up to 75% compared to traditional models [10][9]
AITX's RAD Confirms Immix, AWS, and Circadian Risk Participation at ISC West 2026
TMX Newsfile· 2026-02-12 13:40
Detroit, Michigan--(Newsfile Corp. - February 12, 2026) - Artificial Intelligence Technology Solutions, Inc. (OTCID: AITX) (the "Company"), a global leader in AI-driven security and productivity solutions, along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today expanded on its previously announced participation at ISC West 2026, confirming that Immix®, Amazon1 Web Services (AWS) and Circadian Risk will join RAD in presenting what the Company believes attendees will recognize a ...
AITX's RAD Security Solutions Appear in Major Studio Release Mercy
TMX Newsfile· 2026-02-10 13:40
Detroit, Michigan--(Newsfile Corp. - February 10, 2026) - Artificial Intelligence Technology Solutions, Inc. (OTCID: AITX) (the "Company"), a global leader in AI-driven security and productivity solutions, along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced that RAD autonomous security solutions were included in the recently released science fiction thriller Mercy, which opened in theaters nationwide on January 23, 2026, reflecting the production team's selection ...