In light of the developments with regards to Artificial Intelligence Technology Solutions Inc. (OTC:AITX) on Thursday, it is likely that the stock is going to be on the radars of investors this morning. The company made a key joint announcement yesterday with RAD (Robotic Assistance Devices Inc.), its fully owned subsidiary unit. Let’s take a closer look.
ROSA Update
The company announced yesterday that it had been successful in taking the production level to excess of 1000 ROSA units. Artificial Intelligence Technology Solutions noted that it was a significant new milestone and one that also demonstrated the ongoing shift in the security industry. It was observed that the security industry was moving from the usual standards to autonomous and intelligent solutions. Those solutions simplified everything, starting from installation to operation, to a significant degree. It would be interesting to see if the company’s stock gets any traction today or not.
Key Details
The company noted that ROSA had won a range of awards and represented a compact and self-contained security device. It could be installed and activated to work in a matter of only 15 minutes. The news about the higher production of these units could be seen as a major positive for Artificial Intelligence Technology Solutions.
Management Quote
“The security industry is at a turning point,” said Mark Folmer, CPP, PSP, FSyI, President of RAD. “Organizations are realizing that legacy security methods are no longer enough. The success of ROSA proves that AI-driven solutions can deliver real results, deterring crime, providing real-time awareness, and cutting security expenses. With ROSA’s continued expansion, especially through platforms like RIO™, we are seeing unprecedented demand for solutions that are smarter, faster, and more effective.”
Technicals
| +/- EMA(20) | 0.0033 (-6.06%) |
| +/- SMA(50) | 0.003 (+3.33%) |
| +/- SMA(200) | 0.0038 (-18.42%) |
| 5-Day Perf. | -6.06% |
| 1-Month Perf. | +14.81% |
| 3-Month Perf. | +14.81% |
| 6-Month Perf. | -29.55% |
| YTD Perf. | +29.17% |
| 1-Year Perf. | +10.71% |
| RSI(14) | 48.26 |
| ATR(14) | – |
| ADX(14) | 36.66 |
| Beta (5Y) | 33.38 |
