AITX’s RAD receives anticipated purchase orders for 53 RIO units

seekingalpha08-19

Robotic Assistance Devices, a subsidiary of Artificial Intelligence Technology Solutions (OTCPK:AITX) has received anticipated purchase orders for 53 RIO™ units from a major Fortune 500 client. When ...

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When ...</p>\n\n<a href=\"https://seekingalpha.com/news/4141447-aitx-s-rad-receives-anticipated-purchase-orders-for-53-rio-units\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AITX’s RAD receives anticipated purchase orders for 53 RIO units</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAITX’s RAD receives anticipated purchase orders for 53 RIO units\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-19 21:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4141447-aitx-s-rad-receives-anticipated-purchase-orders-for-53-rio-units><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Robotic Assistance Devices, a subsidiary of Artificial Intelligence Technology Solutions (OTCPK:AITX) has received anticipated purchase orders for 53 RIO™ units from a major Fortune 500 client. When ...</p>\n\n<a href=\"https://seekingalpha.com/news/4141447-aitx-s-rad-receives-anticipated-purchase-orders-for-53-rio-units\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://seekingalpha.com/news/4141447-aitx-s-rad-receives-anticipated-purchase-orders-for-53-rio-units","article_id":"2460982039","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2460982039","pubTimestamp":1724072724,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Robotic Assistance Devices, a subsidiary of Artificial Intelligence Technology Solutions  has received anticipated purchase orders for 53 RIO units from a major Fortune 500 client. When fully deployed, the Units referenced in the purchase orders, along with the associated remote monitoring contracts, are expected to generate over $1M in annual recurring revenue, bringing RAD closer to its goal of organically reaching $10M in ARR during this fiscal year.  The Co. noted that, following the client's directive to prepare for these orders, manufacturing and allocation began in July, positioning RAD to initiate deployments in late August. “As expected, the second half of the year will be productive in orders, deployments and technical innovation.” said Steve Reinharz, CEO/CTO of AITX and RAD.","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4128":"药品零售","BK4588":"碎股","BK4168":"多种金属与采矿","AITX":"Artificial Intelligence Technology Solutions Inc.","RIO":"力拓","RAD":"来德爱"},"translate_title":"AITX的RAD收到53台RIO机组的预期采购订单","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AITX":1,"RAD":1,"RIO":1},"content_text":"Robotic Assistance Devices, a subsidiary of Artificial Intelligence Technology Solutions (OTCPK:AITX) has received anticipated purchase orders for 53 RIO™ units from a major Fortune 500 client. When fully deployed, the Units referenced in the purchase orders, along with the associated remote monitoring contracts, are expected to generate over $1M in annual recurring revenue, bringing RAD closer to its goal of organically reaching $10M in ARR during this fiscal year.  The Co. noted that, following the client's directive to prepare for these orders, manufacturing and allocation began in July, positioning RAD to initiate deployments in late August. “As expected, the second half of the year will be productive in orders, deployments and technical innovation.” said Steve Reinharz, CEO/CTO of AITX and RAD.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2460982039"}