name of robotics dog too Uncovered
DETROIT, Michigan, July 27, 2022 (GLOBE NEWSWIRE) — Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced revisions of its plans and positioning for a robotic dog for security, logistics, utilities, and real estate management.
“We are seeing a larger and more cost conscious market emerging for a RAD dog,” said Steve Reinharz, CEO of AITX and RAD. “These market conditions have prompted our team to revise plans and develop a new dog that we are calling ‘CASSIE’. We will now launch an entry-level “junkyard dog” that is equipped with all the AI power that RAD has developed over the years.”
CASSI™ (Crawling Autonomous Safety Security Inspection Equipment) is the latest officially announced addition to the RAD family of robotic safety and security solutions and marks the company’s second mobile robot. CASSIE, developed by AITX’s wholly owned subsidiary Robotic Assistance Devices, Mobile (RAD-M), is manufactured in the United States at the company’s Detroit manufacturing facility.
According to a report by Allied Market Research, the global security and inspection robot market generated US$940 million in 2020 and is expected to reach nearly US$14 billion by 2030. “The industries we serve are now very hungry and enthusiastic for an affordable mobile RAD solution,” said Mark Folmer, President of RAD. “Imagine a RAD ROSA being able to autonomously launch a fast-running, agile robotic dog. Unauthorized persons and intruders have no chance.”
Reinharz continued, “We are leveraging the significant investments made in RAD’s proprietary autonomy technology developed over the course of the ROAMEO project and can now apply this to a much more cost-effective solution. CASSIE’s internal processing is driven by RADPack Mini, just like what we did with ROSA 3.0 and AVA 3.0.”
More details, specifications, pricing and availability of CASSIE will be announced in the coming months.
AITX has applied for an uplisting with the OTCQB. Future announcements regarding the status of the OTCQB application will be made.
Robotic Assistance Devices (RAD) is a high-tech start-up that delivers robotics and artificial intelligence-based solutions that enable companies to gain new insights, solve complex security challenges and drive new business ideas at lower costs. RAD has developed its advanced safety robotic technology from the ground up, including circuit board design and base code development. This gives RAD full control over all design elements, performance, quality and user experience of all security robots, whether SCOT™pink™Wally™WallyHSO™AV™ROAMEO™CASSI™or RAD Light My Way™. Read how RAD is reinventing the security services industry by downloading the Autonomous Remote Services Industry Manifesto and request a copy of the recently published Navigating the New Economy: Jobs & Automation, Challenges & Opportunities.
CAUTIONARY NOTE ABOUT FORWARD-LOOKING STATEMENTS
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this press release that are not historical facts are “forward-looking statements” that are based on current expectations and assumptions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including without limitation: Artificial Intelligence Technology Solutions’ ability to meet its obligations, provide working capital needs from Operating income, to obtain additional financing needed for future acquisitions, to meet competitive challenges and technological changes, to achieve business and financial goals including forecasts and forecasts, and other risks. Artificial Intelligence Technology Solutions undertakes no obligation to update any forward-looking statements and/or to confirm any statement(s) regarding actual results or any changes in Artificial Intelligence Technology Solutions’ expectations.
About Artificial Intelligence (AITX) Technology Solutions
AITX is an innovator in delivering artificial intelligence-based solutions that empower organizations to discover new insights, solve complex challenges, and drive new business ideas. Through their next-generation robotic product offerings, AITX’s RAD, RAD-M and RAD-G companies help organizations streamline operations, increase ROI and strengthen business. AITX technology improves the simplicity and economics of patrol and guard duty, allowing experienced personnel to focus on more strategic tasks. Customers enhance the skills of their existing workforce and gain a higher level of situational awareness, all at a dramatically reduced cost. AITX solutions are well suited for use in various industries such as corporate, government, transportation, critical infrastructure, education, and healthcare. To learn more visit www.aitx.ai, stevereinharz.com, www.radsecurity.com and www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.
Artificial Intelligence Technology Solutions, Inc.