AITX wins first major hotel order for RAD RIO 360
AITX wins first major hotel order for RAD RIO 360
Publish Date: 2026-04-30 06:02:00
Source Domain: www.stocktitan.net
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Date and Event Announcement: On April 30, 2026, Artificial Intelligence Technology Solutions, Inc. (AITX) will issue a press release indicating a new venture for its subsidiary, Robotic Assistance Devices, Inc. (RAD) entering the hospitality sector.
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Hotel Brand Order: AITX and its RAD subsidiary secure an initial order for a RIO 360™ autonomous security tower from a major hotel brand. This order aims to address parking lot exterior security issues.
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Future Expansion Plans: The hotel brand is discussing plans to deploy additional RIO 360 units at the current property and introduce RAD’s solutions to other properties within its portfolio.
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Cost-Effective Solution: The chosen solution provides a cheaper and more rapid deployment alternative compared to traditional guarding methods, addressing concerns like loitering and unwanted activity in parking areas.
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About AITX and RAD: AITX leverages AI-driven security solutions that offer substantial cost savings (35%-80%) over manned security, with operations validated through a SOC 2 Type 2 audit. RAD’s primary offerings serve numerous industries and have opportunities with over 35 Fortune 500 companies.
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Market Opportunity: The hotel security sector is susceptible to exterior security threats, and AITX’s RIO 360 systems are well-suited to provide consistent surveillance and visible deterrence in such environments.
