There is hardly any doubt that the artificial intelligence industry is almost certainly going to generate significant growth in the years to come. Hence, it is no surprise that more and more investors are now looking for options in the sector.
Robotic Assistance Devices Signs Prudential Alarm as New Dealer and Receives ROSA Order with Additional Units Expected
One of the stocks from the artificial intelligence sector that you could look into at this point is that of the company Artificial Intelligence Technology Solutions Inc (OTCMKTS:AITX). The company primarily operates through its fully owned subsidiary unit Robotic Assistance Devices and yesterday Artificial Intelligence Technology Solutions came into focus owing to an announcement with regards to the subsidiary.
Yesterday, Artificial Intelligence Technology Solutions announced that Robotic Assistance Devices had managed to sign up a new authorized dealer in the form of Prudential Arm. Signing up new dealers is always a significant development for any business but in addition to that, Artificial Intelligence Technology Solutions also announced that Robotic Assistance Devices had also managed to secure an order.
Prudential Arm actually placed an order for a range of security robots and that was another significant thing to keep in mind with regards to the announcement. It remains to be seen if Robotic Assistance Devices can manage to bag more orders from this particular dealer in the coming days.
In this context, it is perhaps important to note that although Prudential Arm is based out of Taylor, Michigan, the company actually works with a client base that is spread out across the United States. Most of the clients are in the state government niches, logistics, automotive manufacturing industry, warehousing, and logistics. It should also be noted that the signing of Prudential Arm made up the third dealer that had been signed up by Robotic Assistance Devices in less than one week.
At this point in time, it could be a good move for investors to consider keeping an eye on the developments with regards to Artificial Intelligence Technology Solutions.
