Robotic Assistance Devices (RAD) has upgraded its California and Canadian facilities to support the company’s growth and expansion. The new facilities are located in Irvine, California, USA, and Waterloo, Ontario, Canada.
“RAD’s current growth and expected 2021 activity requires more space that can accommodate the demands of additional production space, additional staff and the myriad of requests for client demonstrations,” said Steve Reinharz, President and CEO of RAD.
The new Irvine space is conveniently located near John Wayne Airport and is the primary production location for RAD’s current and future stationary solutions. Additionally, it is the primary US-based in-person and remote demonstration facility. RAD expects significant use of this benefit beginning in January given initial dealer and end-user response.
The expanded Waterloo offices that will accommodate the majority of R&D personnel is the primary ROAMEO production location and features approximately 10,000 square feet of dedicated outdoor space for testing of RAD’s outdoor mobility solutions.
“Ultimately, the goal is to be able to serve our customers more quickly, efficiently, and effectively,” concludes Reinharz. “We’re on relatively short term leases at these locations as we work hard to outgrow both locations. It’s thrilling to be able to take this next step forward in RAD’s evolution.”
The company also mentioned that it looks forward to an incredible 2021, with new personnel coming on board, new dealers poised to sign-up, and new product announcements scheduled.
CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the "Company"). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. As such, there are no assurances whatsoever that the Company will meet its expectations with respect to its future revenues, sales volume, recurring monthly revenue growth, and operational cash flow positivity. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price.
For purposes of the Company's disclosures, "Artificial Intelligence" refers to machine-based systems designed to operate with varying levels of autonomy that, for a given set of human defined objectives, can make predictions, recommendations, or decisions influencing real or virtual environments. In the context of the Company's business, Artificial Intelligence is deployed primarily within the security services and property management industries to support functions such as detection, analysis, prioritization, communication, and response related to safety, security, and operational events.
The Company delivers these capabilities principally through its SARA™ (Speaking Autonomous Responsive Agent) platform, which serves as the Company's primary agentic artificial intelligence system. SARA is designed to receive and process video, audio, and other sensor data, apply automated analysis and inference, and support actions in accordance with predefined operational objectives and human oversight.
Further note that the Company's Board of Directors oversees the Company's deployment of Artificial Intelligence.
