(NEW YORK)— Artificial Intelligence Technology Solutions, Inc. (OTC: AITX) saw its stock rally on news that Robotic Assistance Devices (RAD), its wholly owned subsidiary, had received a purchase order from a Fortune 500 real estate group.
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RAD has a sales pipeline of over 35 Fortune 500 companies and numerous other potential clients. RAD expects to continue to attract new clients as it converts its existing sales pipeline into paying customers. Each new Fortune 500 Customer has the potential of making numerous reorders over time.
AITX stock has seen interest grow as this past week alone saw the stock rally from around $0.002 to $0.015 on much higher then normal volume. All things considered AITX may be stock to watch in the coming week.
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Robotic Assistance Devices (RAD) is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, RAD can help organizations streamline operations, increase ROI and strengthen business. RAD robotics technology improves the simplicity and economics of patrolling and guard services, and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staffs and gain higher levels of situational awareness, all at drastically reduced cost. RAD robotic solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education and healthcare. To learn more, visit www.roboticassistancedevices.com
As of Feb. 07, 2019, the Company had around 175 million shares issued and outstanding, and was trading under ticker symbol “AITX”.