AITX says RAD logged 32 August hardware orders across five categories
Artificial Intelligence Technology Solutions said RAD booked 32 hardware-unit orders in August, while also disclosing the orders are not revenue and remain subject to conditions.
Artificial Intelligence Technology Solutions, Inc. said its Robotic Assistance Devices subsidiary recorded orders for 32 hardware units in August 2026 across five product categories.
In a release dated Aug. 31, 2026, the company said the total included 20 ROSA units, 8 RIO units, 2 AVA units, 1 TOM unit and 1 ROAMEO autonomous security patrol vehicle. It said 24 of the units had been included in five earlier announcements during the month, while 8 had not been previously announced.
What the company said it sold
AITX said the orders came through RAD’s direct sales organization, established customers, newly added dealers and integration partners. It said the units were tied to stationary perimeter security, autonomous mobile patrol, portable solar-powered security, access control and lobby management.
The company said customers and end users were in property management, logistics, vocational education, automotive manufacturing, commercial real estate, facilities services and other enterprise environments.
Company context
The release says the orders are not revenue, are not backlog, and remain subject to documentation, credit approval, site readiness, cancellation and other conditions.
AITX said it has not been profitable in any fiscal year of its operating history. For the fiscal year ended Feb. 28, 2026, the company reported revenue of $7,745,336 and a loss from operations of $11,943,397, according to the release.
The company said auditors issued a going concern qualification that expressed substantial doubt about its ability to continue as a going concern. It said that as of Feb. 28, 2026, total liabilities were about $58 million, total assets were about $9 million and stockholders’ deficit was about $49 million.
AITX also said cash on hand is not sufficient to fund operations for an extended period without additional financing and that the orders in the release are not material to results of operations. The company said about 63% of the 32 units were ROSA units.
What the company said next
AITX described the August activity as spread across multiple customers, channels and use cases rather than one large deal. Troy McCanna, RAD’s chief revenue officer and chief security officer, said: “Thirty-two units in one month did not come from one oversized order or one lucky break.”
Steve Reinharz, AITX and RAD’s CEO, CTO and founder, said the company does not reach positive monthly operating cash flow through a single announcement and said August fit its approach to that goal.
The company said one month of order activity should not be read as a trend or as evidence of diversification. It said no comparison to prior periods should be inferred.
Context and cautionary notes
The release includes a wide set of cautionary disclosures. It says many enterprise customers, dealers and integration partners require confidentiality, which can prevent the company from naming parties or announcing orders individually.
It also says the 32-unit figure is a cumulative monthly total and should not be added to prior announced counts. The company defines an “order” as a purchase order or written commitment received and accepted by RAD.
Sources
Editorial note: This article was prepared with AI assistance and includes source attribution for reader review.
Comments ()