AITX’s wholly‑owned subsidiary, Robotic Assistance Devices (RAD), announced that it has secured an order for five RIO 360 solar‑powered autonomous security towers to be installed at a downtown civic center in a major Midwest city. The towers will provide continuous, AI‑driven surveillance and response, and the contract will generate a recurring rental revenue stream for AITX’s high‑margin device‑rental model.
The new order expands RAD’s municipal deployment portfolio and underscores growing acceptance of autonomous security solutions in public‑space environments. It also supports AITX’s strategy to scale recurring revenue while maintaining strong gross margins, a key component of the company’s growth plan.
"We are seeing a clear shift in how municipalities and civic operators approach public safety. They are recognizing that autonomous solutions powered by SARA can deliver consistent, responsive security coverage in busy public spaces without the cost and variability of traditional models. It is encouraging to see our channel partners driving this adoption and helping bring these capabilities into more communities," said Troy McCanna, Chief Revenue and Chief Security Officer at RAD.
"Our commitment to innovate within our technology stack is paramount as we aim to capture a larger market share in the upcoming fiscal periods. Our focus on advancing AI applications within operational security is paying off," added Steve Reinharz, CEO and CTO of AITX.
AITX has reported strong revenue growth in recent quarters, with Q3 FY2025 revenue of $1,751,000 up 193.31% YoY and Q4 FY2025 revenue of $1,853,000 up 115.71% YoY. The company projects FY2026 revenue between $12‑18 million, reflecting its goal to capture a larger share of the $50 billion U.S. security and guarding services market. The RIO 360 order aligns with this trajectory, reinforcing AITX’s position as a cost‑effective alternative to traditional guarding models and bolstering its recurring‑revenue pipeline.
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