Artificial Intelligence Technology Solutions Inc (OTCMKTS:AITX) on October 11, 2021 announced that the wholly-owned subsidiary Robotic Assistance Devices Inc would be live streaming presentation of RAD 3.0 product lineup. In addition, it would also be showing two software solution presentations and the event would be unveiling RAD’s upgraded devices as well as self-developed internal electronics.
Taking place on AITX’s October Investor Open House, all activities are being held at RAD’s REX (RAD Excellence Center) facility and the RAD team would be welcoming a number of investors, dealers as well as partner VIPs.
Steve Reinharz, CEO of AITX and RAD, expressed excitement on presenting RAD 3.0 to its clients, investors as well as media in general on the design and performance of security solutions. The CEO added that this is a glimpse into the evolution of the autonomous remote services industry.
RAD-G is AITX’s wholly-owned subsidiary, which is engaged in developing software, firmware as well as hardware solutions controlling robotic devices. The firm is also planning on introducing solutions leveraging RAD hardware, software architecture as well as deep security industry experience into a single solution enhancing security for visitors and employees.
Reinharz also said that the company will be introducing a smart phone app that will be harnessed by clients, dealers as well as investors.
Market Reaction:
On Monday, AITX fell 3.65% at $0.0282 with more than 47.27 million shares, compared to its average volume of 29.01 million shares. The stock has moved within a range of $0.0270 – 0.0300 after opening the trade at $0.0300.
