What changed in this filing

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Item 1. Business

2025-05-29 compared with 2024-05-28 · 826 added, 336 removed, 151 unchanged (88% of the section changed)

Assistance Devices, LLC was incorporated in the State of Nevada on July 26, 2016, as an LLC and was founded by current President Steve

Reinharz, has 25+ years in various leadership/ownership roles in the security industry and was part of a successful exit

to a global multinational security company in 2004.

Reinharz started his first security integration company in 1996, which he grew

to 30+ employees before closing that company in 2003.

In 2017, Robotic Assistance Devices LLC converted to a C Corporation, Robotic Assistance

Devices, Inc.

(“RAD”), through the issuance of 10,000 common shares to its sole shareholder.

Robotic Assistance Devices, LLC was incorporated in the State of Nevada

on July 26, 2016, as an LLC and was founded by current President and CEO, Steve Reinharz.

Reinharz has 30+ years in various leadership/ownership

roles in the security industry and was part of a successful exit to a global multinational security company in 2004.

Reinharz started

his first security integration company in 1996, which he grew to 30+ employees before closing that company in 2003.

In 2017, Robotic Assistance

Devices LLC converted to a C Corporation, Robotic Assistance Devices, Inc.

(“RAD”), through the issuance of 10,000 common

shares to its sole shareholder.

Intelligence Technology Solutions Inc.

29 unchanged sentences

Reinharz, founder of RAD and single largest equity owner of AITX, became CEO on March 2, 2021.

apply our Artificial Intelligence (AI) technology to solve enterprise problems categorized as expensive, repetitive, difficult to staff,

and outside of the core competencies of our client or prospective client organizations.

short list of basic examples include:

security guard-related functions such as monitoring a parking lot during and after hours and responding appropriately.

This scenario

applies to perimeters, interior yard areas, and related similar environments.

hardware/software with AI-driven responses, simulating and expanding on what legacy or manned solutions could perform.

of common access control functions through technology utilizing facial recognition and machine vision, leapfrogging most legacy solutions

in use today.

first industry focus is the more than $100 billion global security services market.

1 RAD’s current goal is to disrupt

and capture a significant portion of both the human security guard market (over $30 billion) 2 and “physical security”

(video surveillance, access control, visitor management, etc.) market (over $20 billion) through its innovative RAD solution ecosystem.

https://www.statista.com/statistics/323113/distribution-of-the-security-services-market-worldwide/

https://www.statista.com/statistics/294206/revenue-of-security-services-in-the-us/

solutions are unique because they:

with an AI-driven autonomous response utilizing cellular-optimized communications, while easily connecting to a human operator for

a manned response, as needed.

unique hardware purpose-built by RAD for delivery of these solutions.

Various form factors have been customized to deliver this new

functionality.

services through RAD-developed software and cloud services, allowing enterprise IT groups to focus on core competencies instead of

maintenance of complex video and security platforms.

core premise at inception was summarized in its paper titled ‘Autonomous Remote Services’.

On May 15, 2024, AITX updated

it’s mission statement to:

AITX, our mission is to shape the future of security and facility management through the deployment of Autonomous Intelligent Response

(AIR™) technology.

We harness the transformative power of AI and advanced computing to create intelligent, responsive devices and

environments that enhance security, safety, and efficiency.

May 22, 2024, the Company released an update to Autonomous Remote Services paper called Autonomous Intelligent Response that details

the development of relevant technology and the direction of the company.

This can be downloaded here:

Request AIR Manifesto - AITX

- Artificial Intelligence Technology Solutions

owns and operates three (4) wholly-owned subsidiaries.

Assistance Devices, Inc.

(RAD I) is the primary operating company of AITX.

The company holds the dealer and end-user contracts,

employs all US employees, operates the California and Michigan facilities, and is the primary industry-facing entity of AITX.

I owns all intellectual property related to RADSoC™, RAD Mobile SOC™, RADGuard™, and their core operating architecture.

RAD I owns everything related to AITX’s line of stationary devices and their manufacturing.

RAD I also implements and services

This company’s primary website is radsecurity.com and is updated as developments occur.

Assistance Devices Group, Inc.

(RAD G) is RAD G is an AITX subsidiary, separate from RAD I and RAD M, created for the purposes

of expected future sales through a channel that is incompatible and non-competitive with RAD I’s existing channel.

focused on the development of advanced software and electronics solutions and completed a ‘soft-launch’ of it’s

‘RADPACK’ board in December 2022.

This hardware is a RAD-designed circuit board designed to power all RAD devices.

company will be working to sell it to other manufacturers that want to create security devices but need a hardware/software solution

and want to leverage the investments and network that RAD Inc has built over the years.

The company has started to work with a commission-only

sales person to start to share this solution in the electric vehicle charger industry.

Additional sales materials are under development

and company is working to find it’s first adopter.

It is expected that this market niche could take several years to develop

and as such the company will be looking for clients in the security space and related markets.

The Company anticipates no revenues

from RADG this fiscal year.

This company’s website is radgroup.ai and is updated as developments occur.

Assistance Devices Mobile, Inc.

(RAD M) is RAD M is an AITX subsidiary, separate from RAD I and RAD G, created for the purposes

of future developments, partnerships, and marketing in which the company may engage in the future.

RAD M is focused on the development

of autonomous mobile security and facility management devices, both ground-based and airborne.

RAD M’s first solution, the

ROAMEO™ unmanned ground vehicle, incorporates RAD M technologies related to the development of artificial intelligence based

autonomous driving, perception, and prediction.

ROAMEO features technology from RAD I and RAD G to perform its functions.

believes that it’s developing suite of mobile devices will bring the interactive outdoor, indoor, rugged, commercial security

and facility robots to the market.

These mobile solutions will complement the stationary systems.

The three solutions are the RADDOG™

lineup of quadrupeds and ROAMEO as the outdoor long-running high visibility robot.

Previously mentioned RAD M project referenced

as ‘Mobile 3’ is on indefinite hold as the stated solutions are given all the development resources.

ROAMEO is manufactured,

implemented, and maintained by RAD I.

the focus on the RADDOG lineup pushes the completion of ROAMEO 4.0 into later calendar year 2024.

RAD M will continue developing additional

mobility solutions that RAD I will bring to market.

Company believes strongly that the next ROAMEO will have significant positive financial impact on the Company.

The Company believes

demand for this solution is strong based on continued requests for prospects despite no marketing or promotion.

Assistance Devices Residential, Inc.

(RAD R) is the AITX entity developed to bring AIR™ to residential products.

announced product is called RADCAM™ and is scheduled to be on the market in 2024.

RAD R uses technology from RAD Inc.

moment it is not known if RAD R will be built into a long term entity of AITX or if it will be sold.

Other AITX are not meant to

main website is aitx.ai.

Company and investor information can be found at this site and it is updated regularly.

- First Commercial Rugged Outdoor Security Robot

Reinharz started RAD in the summer of 2016.

RAD originally partnered with SMP Robotics Systems Corp.

(SMP) and commercialized the SMP

S5 Robot for the security market.

RAD’s commercialization of the platform focused on integrating traditional security industry

manufacturers’ solutions onto the robotics platform.

After two paid proofs-of-concept for large utility companies (under NDA) and

over 18 months of development and testing, RAD began deployments with various Fortune 500 customers.

These deployments were scheduled

to start in October 2017 but were delayed until December 2017 due to various supply chain challenges.

March 2018 it was apparent that S5 platform was not sustainable and RAD began to pull robots out of service.

robots were rejected by customers due to unsatisfactory reliability and some technical flaws that could not be solved, despite full efforts

by SMP and RAD.

RAD now considers this phase of the Company ‘Phase 1’ into robotics.

The Company attempted over 40 deployments

during this period.

has had no contact with SMP Robotics since April 2018.

of RAD’s existing convertible debt was acquired in support of the RAD/SMP robotics program.

This convertible debt has largely been

converted to long-term debt and warrants as shown in these financial filings.

will deliver on AITX’s goal of bringing the first outdoor, rugged, commercial security and facility robot to market.

solution will complement the stationary systems AITX already has operating in physical security applications serving customers in a wide

range of environments.

– RAD’s 2 nd Generation Ecosystem

primary strategy has always been to use AI technology and modern systems to transform the security industry.

Mobile robots, indoor and

outdoor, are a part of that strategy.

However, to ultimately realize the delivery of these solutions, a set of “stationary robots”

required development.

stationary robots launched in April 2018 with the Security Control and Observation Tower (SCOT), development of which began in August

SCOT performs many of the same functions as a stationary human security guard, plus many tasks that human guards cannot, and does

so at approximately 15% of the cost.

There is no known comparable solution available today that blends technology, usability, unique

features, and price.

SCOT received an enthusiastic response from the security market and industry accolades.

SCOT’s positive reception

reinvigorated RAD, which accelerated the development of the software and cloud services that support SCOT.

SCOT runs on the RAD Software

This software suite is a cloud and mobile platform at the heart of all RAD security solutions.

beta version SCOT was first shown to potential customers at the end of February 2018 in an exposition held in Ohio that tested customer

reception and elicited voice-of-the-customer input.

SCOT and the preliminary RAD Software Suite received a favorable customer response.

Customer feedback was incorporated into SCOT, and ideas on SCOT derivatives were added to the hardware development roadmap.

April 2018, at the ISC West, a large annual physical security event held in the United States, SCOT won three awards:

(1) The Security

Industry Association’s (SIA) New Product Award for Law Enforcement/Guarding 3 , (2) A 2018 Secure Campus Award from Campus

Security and Life Safety Magazine, and (3) A ‘Govie’ award for government security solutions from Security Today Magazine.

has since won numerous awards for its solutions, including:

Light My Way™, Secure Campus 2022 Awards, in the categories of ‘Security & Personal Safety Devices’ & ‘Artificial

The Problems that AITX Solves

The labor model is collapsing.

· Security staffing is expensive, hard to fill, and impossible to scale with

growing demand.

Human response is too slow for modern threats.

· Incidents happen in seconds.

Manual detection and delayed reaction put people,

property, and reputations at risk.

Most security roles were never built for people.

· Watching dozens of cameras, identifying anomalies, escalating threats, these

tasks are better suited for machines that never fatigue.

Legacy systems are fragmented and reactive.

· Disconnected devices, siloed alerts, and manual workflows prevent true situational

awareness or intelligent action.

There’s no “autonomous layer” in physical security.

Every other industry, logistics, manufacturing,

finance, has automated routine operations.

Physical security is still lacking automation.

Executive Summary

AITX is a pioneer in practical AI deployment, offering proven, revenue-generating

solutions that address long-standing inefficiencies in the security and facility management industries.

While many companies are still

conceptualizing how AI and generative AI might apply, AITX is actively delivering results through its suite of intelligent, autonomous

devices and platforms.

At the core of these solutions is SARA, the Company’s Agentic

SARA enables autonomous detection, decision-making, and voice-driven response, setting AITX apart from passive monitoring

systems and advancing the capabilities of modern security technology.

AITX represents a compelling opportunity in a high-growth industry

driven by rising demand for smarter, more efficient alternatives to traditional security models.

Simply put, AITX is redefining how security and safety is deployed.

“AITX isn’t following trends, it’s setting them,

delivering intelligent security where traditional models can’t keep up.”

Reinharz, CEO/CTO, AITX

the global security and facility management markets as they approach $1 trillion in size according to Steve Reinharz.

revenue-generating products currently deployed across commercial and public sectors.

AI SARA and other AITX solutions enable real-time, autonomous engagement and decision-making.

technologies are delivering measurable impact.

From reducing incidents and lowering operational costs to improving safety and response

times, RAD deployments are earning strong praise from clients across multiple industries.

These endorsements highlight more than just

satisfaction.

They reflect a broader industry shift toward intelligent, automated security solutions that outperform legacy approaches.

Southeast Hospital Network

staff feels safer now that they’re protected by RAD Light My Way.

There have been no serious incidents since the installation of

David Pope, Chief Operating Officer, Scotland Memorial Hospital

Logistics Leader

combining our logistics expertise with RAD’s innovative robotics, we’ve deployed even more cost-effective solutions that

didn’t exist just a few years ago.”

Thomas Nelson, Senior Director of Security at GXO

RAD Channel Partner

RAD’s help, we’ve customized an innovative 24-hour solution by decreasing the reliance on manpower and leaning more into

RAD’s available technology.”

Justin Frazer, Director of Systems, EPIC Security Works

Electronics Distributor

provides us with what we need for efficient access control.

Its ability to effortlessly process deliveries and shipments, along with

its video and data records, keep us apprised of what is coming in and going out of our gates in real time.”

Eddie Cabana, Senior Manager, Safety & Security, Ingram Micro

Authorized Dealer

solutions are what the security industry needs right now.

We expect to save this client close to $300,000 over the next three years with

just two ROSAs.”

Chris Daniels, Director of Sales and Marketing, USA Security

California Car Rental Location

to the ROSA units, we’ve addressed all sorts of issues.

Damage to vehicles, graffiti on the exterior of the building, that’s all gone

since we put the ROSAs in.”

Sean Perez, General Manager, Midway Car Rental

Products + Solutions

AITX delivers a comprehensive portfolio of AI-powered security technologies,

combining intelligent hardware and advanced software to modernize how security is deployed, managed, and experienced.

Each solution is

designed to operate independently or as part of an integrated system, enabling scalable and cost-effective protection across a wide range

of industries.

AITX delivers a comprehensive portfolio of AI-powered security technologies,

combining intelligent hardware and advanced software to modernize how security is deployed, managed, and experienced.

Each solution is

designed to operate independently or as part of an integrated system, enabling scalable and cost-effective protection across a wide range

of industries.

Powering this ecosystem is SARA, AITX’s Agentic AI platform, which empowers devices to detect, decide, and respond

in real time.

Why Our Robots Have Names Like ROAMEO and TOM

At AITX, we believe security technology doesn’t have to feel

cold or sci-fi.

Thats why many of our solutions have names that sound more like teammates than machines.

Whether its ROAMEO patrolling

a corporate campus or TOM greeting visitors at the front desk, these names help humanize our devices, making them more approachable and

easier to embrace.

We’re building robots for the real world, not a movie set.

Mobile Solutions

Access and Entry

Stationary Solutions

Software and Intelligence

Firearm Detection

Speaking Autonomous Responsive Agent (Agentic

SARA is AITX’s Agentic AI, intelligent voice and decision-making

Powered by large language models, SARA gives RAD devices the ability to speak, listen, interpret, and take action based on real-time

Primary Use Cases

· Remote video monitoring replacement

· Command center automation

· AI-powered escalation and deterrence

· Interactive access control and public engagement

Market Impact

SARA is the brain behind the Company’s next-gen devices, enabling

AITX to disrupt the $3 billion remote monitoring industry i ,

and the entire $50 billion security industry ii .

As deployments

grow, so does the adoption of SARA-powered autonomy, fueling recurring software revenue and opening up new verticals.

Competitive Advantage

Unlike static analytics or scripted alerts, SARA

can adapt, engage dynamically, and respond intelligently to a wide variety of human behavior.

No other security solution on the market

combines voice AI, situational logic, and autonomous action at this scale.

Industry Recognition

SARA received top honors at ISC West 2025, winning both Judges Choice

and Best in Threat Detection and Response Solutions in the prestigious Security Industry Associations New Product Showcase.

These accolades

underscore the industry’s recognition of SARA as a category-defining solution that reshapes how remote monitoring is delivered.

The global market for AI agents is accelerating rapidly, growing from

$5.4 billion in 2024 to a projected $50.3 billion by 2030 at a compound annual growth rate of 45.8% iii .

In the United States alone, the sector is expected to grow from $1.6 billion to $13.5 billion over the same period iv .

This extraordinary expansion reflects a shift toward intelligent, autonomous systems that actively engage, assist, and perform, exactly

the kind of functionality delivered today by AITX’s SARA platform.

The Emergence of Agentic AI

The security industry is beginning to experience what the tech world

has been forecasting for years:

the rise of Agentic AI.

Unlike traditional AI tools that offer suggestions or basic automation, Agentic

AI systems perceive their environment, make decisions, take action, and adapt over time with minimal human involvement.

At AITX, this is not theoretical.

It is happening now.

Agentic AI powers devices that do more than follow a script.

They observe,

assess, engage, escalate, and interact in real time.

Whether it is a security device initiating a voice deterrent or an AI agent managing

visitor access, these systems replace manual intervention with autonomous action that is consistent, immediate, and intelligent.

SARA, the Speaking Autonomous Responsive Agent, is a leading example

of this approach in practice.

Through conversational AI, layered decision making, and integration with both analytics and cloud infrastructure,

SARA enables RAD, and other devices to perform as active participants in a security workflow.

As businesses and institutions face growing security challenges, shrinking

labor pools, and rising costs, Agentic AI is emerging as the most scalable and sustainable answer.

It does not just monitor.

AITX is at the forefront of this transformation, bringing real-world,

field-proven Agentic AI to clients across commercial, public, and residential sectors.

AI changes the relationship between humans and machines.

AI doesn’t just assist, it now observes, decides, and acts on our behalf

- faster, more accurately, and more consistently.”

Reinharz, CEO/CTO, AITX

i Verified Market Reports, “Solar Camera Trailer

Market Size, Industry Trends & Forecast 2033,” March 2025

https://www.verifiedmarketreports.com/product/solar-camera-trailer-market/

ii National Equipment Register, “July 4th Heavy Equipment

Theft Trends and Security Tips 2023,” June 2023.

https://www.ner.net/wp-content/uploads/2023/06/NER-July-4th-Theft-Trends-and-Security-Tips-2023.pdf

iii Grand View Research, “Access Control Market Size

& Share | Industry Report, 2030,” 2024

https://www.grandviewresearch.com/industry-analysis/access-control-market-report

iv Grand View Research, “Visitor Management System

Market Size & Share Report, 2030,” 2024

https://www.grandviewresearch.com/industry-analysis/visitor-management-system-market-report

Observation Security Agent

is a compact, self-contained security device that provides autonomous deterrence, detection, and response.

It combines visual analytics,

audio engagement, and AI-driven escalation in a sleek, visible form factor.

SARA, AITX’s Agentic AI platform, is integrated into

every ROSA unit, enabling it to interpret activity, make decisions, and respond in real time without human intervention.

· Perimeter and property protection

· Firearm detection and response

· Entry point monitoring

· Loitering and trespassing deterrence

is AITX’s most deployed solution to date, generating recurring monthly revenue (RMR) with every unit.

It serves as the foundation

for other devices, including RIO and RAM, and has been credited with stopping crimes before they escalate.

replaces the cost and complexity of security guards or video monitoring services.

With onboard AI, two-way communication, and autonomous

actions, it outperforms legacy cameras and passive systems by actively preventing incidents, not just recording them.

With SARA embedded,

ROSA gains the ability to assess context, escalate appropriately, and respond with precision.

Industry Recognition

ROSA has earned widespread

acclaim across the security industry.

It was selected as a winner of the CBRE Innovation Challenge, recognizing breakthrough technologies

in commercial real estate.

At the 2021 ASTORS Awards by American Security Today, ROSA was named Best Robotic Perimeter Protection and

Best Motion Detection Solution.

It has also been honored as a Security Today New Product of the Year, further validating its role as

a transformative security solution for real-world applications.

The global video surveillance market was valued at $54.42 billion in

2024 and is projected to reach $88.71 billion by 2030, growing at a compound annual growth rate of 8.5% v .

Within that space, AI-driven surveillance is emerging as a key growth segment, estimated at $6.51 billion in 2024 and expected to grow

at a CAGR of 28.1% to reach $28.76 billion by 2030 vi .

rapid acceleration underscores the demand for intelligent, real-time monitoring solutions, positioning AITX and devices like ROSA at the

center of the industry’s evolution.

Market Drivers

-Rising Security Concerns:

Increasing incidents of theft, vandalism, and other security breaches are prompting businesses to invest in advanced surveillance solutions.

-Technological Advancements:

The integration of Agentic AI and machine learning in surveillance systems enhances real-time monitoring and threat detection capabilities.

v Market Research Future, “Smart Home Security Camera

Market Outlook, Size Share & Growth Forecast 2025-2034,” 2025

https://www.marketresearchfuture.com/reports/smart-home-security-camera-market-33370

vi Custom Market Insights, “Global Security Robots

Market Size, Share & Trends Analysis Report, 2025–2034.”

https://www.custommarketinsights.com/report/security-robots-market/

ROSA Independent Observatory

RIO is a portable, solar-powered security tower that includes a single

or dual ROSA unit mounted atop a solar panel trailer.

Designed for rapid outdoor deployment, it delivers high-visibility deterrence and

autonomous response in locations where traditional infrastructure is impractical or too costly.

With SARA, AITX’s Agentic AI platform,

embedded through each ROSA unit, RIO operates with intelligent decision-making, real-time escalation, and autonomous voice intervention.

Primary Use Cases

· Retail parking lots

· Construction site security

· Healthcare and hospital perimeters

· Logistics yards and distribution centers

· Public events and temporary high-risk zones

Market Impact

RIO is one of AITX’s fastest-growing product categories, especially

in the retail, construction and healthcare markets.

Its rapid deployment model aligns perfectly with temporary or high-turnover environments.

Each RIO includes one or two ROSA devices, compounding recurring revenue through bundled subscriptions.

Competitive Advantage

RIO, with its single or double ROSA units, eliminates the need for

expensive guard posts or legacy, non-AI trailer systems.

With SARA integrated into each unit, RIO delivers autonomous detection, analysis,

and engagement, redefining what portable perimeter security should be.

Notable Deployments

Hundreds of RIO units are actively deployed across the United States,

protecting a wide range of environments.

These include logistics hubs, healthcare campuses, construction sites, solar farms, municipalities,

and urban districts such as CIDs and BIDs.

The global solar camera trailer market was valued at $1.2 billion in

2024 and is projected to reach $2.5 billion by 2033, growing at a CAGR of 8.9% from 2026 to 2033 vii .

This growth is driven by increasing demand for portable surveillance

solutions across sectors like construction, public safety, and infrastructure.

Market Drivers

-Rising Equipment Theft:

construction industry reported a 12% year-over-year increase

in equipment theft in 2023 viii , accelerating demand for solar-powered

surveillance systems.

-Cost Efficiency:

Deploying solar surveillance trailers can reduce

guarding costs significantly.

For instance, hiring a solar surveillance trailer with live monitoring services costs around $1,000 a month,

compared to up to $40,000 a month for traditional security guards.

vii Fact.MR, “Autonomous Patrolling Robot Market

Outlook, 2023–2033.”

https://www.factmr.com/report/autonomous-patrolling-robot-market

viii Market Research Intellect, “Robotic Dogs Market

Size and Forecast,” 2024

https://www.marketresearchintellect.com/product/robotic-dogs-market-size-and-forecast/

Autonomous Verified Access

AVA is a smart gate security solution that manages vehicle entry using

AI-powered license plate recognition, two-way voice interaction, and cloud-based authorization.

It replaces or enhances traditional guard

shacks by automating entry verification.

Integrated with SARA, AITX’s Agentic AI platform, AVA performs real-time analysis, verifies

credentials, and engages drivers through intelligent voice interaction.

Primary Use Cases

· Distribution centers and logistics hubs

· Gated residential communities (with HOAP)

· Corporate and industrial campuses

· Commercial and multi-tenant properties

Market Impact

AVA expands AITX’s footprint into both

residential and commercial access control, delivering recurring revenue while solving the high costs and labor challenges of manned entry

AVA’s success has driven adoption of HOAP, the Homeowners Association Platform, a full-featured resident and guest access

Through HOAP, HOAs can issue digital passes, receive entry notifications, and manage visitor logs from any device.

integrated, AVA not only verifies access but also delivers voice-driven reporting and automated follow-up to ensure every interaction

is documented and addressed.

Together, AVA and HOAP are on a mission to reimagine what residential

gate control looks like.

They replace outdated call boxes and guards in booths with intelligent, automated engagement.

This modern solution

enhances both security and convenience, giving communities a premium access experience without the high cost of traditional gate staffing.

Industry Recognition

AVA was recognized by the Security Industry Associations New Product

Showcase Awards in the category of Access Control Software, Hardware, Devices and Peripherals.

This honor reinforces AVAs position as

an innovative solution in the field of automated access management.

The global access control market is projected to grow from $10.76 billion

in 2024 to $17.30 billion by 2030, reflecting a compound annual growth rate of 8.4%.

In the United States, the market is expected to expand

from $2.62 billion to $3.68 billion over the same period ix .

This sustained growth underscores the shift toward intelligent, autonomous systems for managing vehicle and personnel entry, positioning

AVA at the forefront of a rapidly evolving segment of physical security.

Market Drivers

-Labor Shortages:

Organizations are seeking automated solutions to manage vehicle access

points, reducing reliance on human guards.

-Security Concerns:

Rising incidents of unauthorized access and the need for real-time

monitoring are driving the adoption of advanced access control systems.

ix Fortune Business Insights, Humanoid Robots Market Size,

Share & Trends Report, 2032”

https://www.fortunebusinessinsights.com/humanoid-robots-market-110188

The Office Manager

TOM is an AI-powered solution that automates visitor management and

front desk functions.

It provides consistent engagement, credential verification, and access control without the need for onsite reception

or security staff.

With SARA, AITX’s Agentic AI platform, supporting every TOM unit, the system can guide interactions, assess visitor

behavior, and initiate appropriate response and reporting actions in real time.

Primary Use Cases

· Office building entry points

· Corporate campuses

· Multi-tenant commercial facilities

· Government and educational institutions

Market Impact

TOM is helping modernize how commercial spaces handle entry and access.

As organizations seek ways to automate and streamline front-facing operations, TOM offers a professional, scalable, and cost-efficient

alternative to staffed desks.

Its ability to tie into RAD-I’s broader ecosystem increases its utility and adoption potential.

Competitive Advantage

Unlike static kiosks or basic sign-in systems, TOM combines interactive

engagement, ID verification, and real-time escalation options.

It enhances both the user experience and security posture, offering a comprehensive

solution that adapts to high-traffic or high-security environments.

Notable Deployments

One of the world’s largest third-party logistics providers relies

on TOM to manage visitor intake and processing across its North American distribution network.

TOM has helped this client streamline facility

access, improve accountability and enhance site-level security.

This enterprise deployment showcases TOM’s scalability and its ability

to meet the rigorous demands of high-volume, high-security environments.

The global visitor management system market is projected to grow from

$1.87 billion in 2024 to $4.04 billion by 2029, reflecting a 16.6% compound annual growth rate.

In the United States, adoption is already

strong, with the market estimated at $8.7 billion x , driven

by increased demand for secure, automated, and efficient visitor access solutions.

Market Drivers

CLRASN-Shift to Hybrid Work Model:

Organizations are adopting flexible work arrangements, necessitating

efficient visitor management solutions to monitor and control access.

-Operational Efficiency:

Automation of check-in processes reduces administrative burdens and

improves the visitor experience.

x MarketsandMarkets, “ AI in Video

Surveillance Market by Offering, Deployment Type, Application, Vertical & Region – Global Forecast to 2030,” 2024

https://www.marketsandmarkets.com/Market-Reports/ai-in-video-surveillance-market-84216922.html

The Security Camera That Doesn’t Just Watch, It Responds

RADCam is an AI-powered, voice-enabled security camera designed for

homeowners, property managers, and small businesses.

RADCam doesn’t just record, it engages, responds, and helps resolve situations

in real time.

Primary Use Cases

· Residential home security

· Small businesses

· Enterprise clients

· Gated entry points and garages

Market Impact

RADCam began as a disruptive force in the residential security market

through the Company’s residential subsidiary RAD-R, offering real-time AI engagement for homeowners.

Now, following strong early

demand, AITX has expanded RADCam into the small-to-medium business and enterprise markets through its commercial subsidiary RAD-I.

new versions of RADCam are specifically configured to serve the unique needs of commercial properties, offices, storefronts, and large-scale

In residential settings, SARA takes the form of an ‘SOS feature’,

enabling RADCam to speak, escalate, and notify in real time.

In SMB and enterprise deployments, SARA is fully integrated, providing agentic

decision-making, continuous interaction, and automated reporting across all monitored environments.

The SMB configuration adds enhanced detection and interaction capabilities,

making it ideal for locations needing consistent security presence without adding staff.

The enterprise version integrates with RADSoC,

RAD-I’s command and control software, allowing centralized management across dozens or even hundreds of RADCam devices.

This evolution

transforms RADCam into a scalable solution that fits anywhere from the front porch to the corporate campus.

By entering these broader markets, RADCam is positioned to become a

foundational element in how businesses approach autonomous security.

The expansion opens up new, higher-margin revenue channels while

further validating the flexibility and scalability of AITX’s AI technology..

The global home security camera market is projected to grow from $10.51

billion in 2024 to $60.99 billion by 2034, reflecting a CAGR of 19.23%.

In the U.S., the market is expected to expand from $3.02 billion

in 2024 to $17.84 billion by 2034 xi .

Market Drivers

-Rising Crime Rates:

An uptick in property crimes and package thefts has led homeowners

and small businesses to invest in security solutions.

-Smart Home Integration:

The proliferation of IoT devices has made it easier to integrate security

cameras into existing smart home ecosystems, enhancing user convenience.

Affordability and Accessibility:

The decreasing cost of high-quality cameras has

made advanced security solutions more accessible to a broader audience.

xi MarketsandMarkets, AI in Video Surveillance

Market by Offering (Hardware, Software, Services), Deployment Type (On-premises, Cloud), Application (Intrusion Management, Facial Recognition,

License Plate Recognition), Vertical and Region – Global Forecast to 2030, April 2024

https://www.marketsandmarkets.com/Market-Reports/ai-in-video-surveillance-market-84216922.html

Rugged Observation Assistance Mobile Electronic Officer

ROAMEO is a fully autonomous, mobile security robotic vehicle designed

to patrol large outdoor spaces.

Equipped with AI analytics, voice engagement, and real-time deterrence capabilities, ROAMEO performs routine

security patrols without human intervention.

SARA, AITX’s Agentic AI platform, is integrated to enable ROAMEO to assess situations,

engage appropriately, and report autonomously as it navigates complex environments.

Primary Use Cases

· Corporate and educational campuses

· Distribution centers and logistics yards

· Municipal parks and entertainment venues

· Parking lots and stadium exteriors

Market Impact

ROAMEO represents AITX’s answer to the high cost and limitations

of today’s security personnel.

It is about to be deployed across public and private sectors as an alternative to guard teams in

vehicles or golf carts.

Demand is strong enough that AITX is currently accepting orders with scheduled deliveries expected soon, a clear

indicator of market interest and confidence in ROAMEOs capabilities.

Each deployment generates long-term recurring revenue and expands

the Company’s position in autonomous mobile security.

Competitive Advantage

Unlike traditional security patrols or static surveillance systems,

ROAMEO offers round-the-clock coverage with intelligent, autonomous decision making.

It detects, speaks, escalates, and alerts, all while

With SARA’s support, ROAMEO delivers contextual awareness, adaptive response, and continuous reporting, providing a modern,

scalable approach to security that solves labor shortages and reduces operating costs.

An Eager Market Awaits ROAMEO

Even before its full production launch, ROAMEO has generated substantial

interest across multiple sectors.

With confirmed pre-sales already in place and a growing sales pipeline of qualified opportunities, the

security industry is watching closely.

The global security robots’ market is projected to grow from $19.07

billion in 2024 to $76.67 billion by 2034, reflecting a CAGR of 14.93% xii .

Specifically, the autonomous patrolling robot segment is expected to expand from $157.4 million in 2023 to $438.3 million by 2033, at

a CAGR of 10.8% xiii .

Market Drivers

-Labor Cost Pressures:

Rising wages and labor shortages are prompting organizations to seek

automated security solutions.

-24/7 Surveillance Needs:

The demand for continuous monitoring in large facilities and public

spaces is increasing.

-Technological Advancements:

Improvements in AI, sensor technology, and mobility

are enhancing the capabilities of security robots.

xii DataIntelo, AI Gun Detection System Market Report

– Global Forecast 2023–2032, 2024

https://dataintelo.com/report/ai-gun-detection-system-market

xiii Verified Market Research , Commercial Security

System Market Size and Forecast, 2024 Edition

https://www.verifiedmarketresearch.com/product/commercial-security-system-market/

Wheeled Robotic Platform for Tactical Support and Public Safety

RADDOG LE2 is a wheeled, four-legged robotic platform developed for

law enforcement and tactical applications.

It delivers remote visual and audio interaction, helping agencies operate in situations that

may be unsafe or inefficient for human officers.

Integrated with SARA, AITX’s Agentic AI platform, RADDOG can autonomously interact,

communicate, and assist officers with voice-driven commands, situational updates, and public engagement.

Primary Use Cases

· Law enforcement patrols and crowd engagement

· Tactical surveillance in high-risk environments

· Community events and public safety demonstrations

· Campus and municipal security support

Core Benefits

· Provides officers with safe, remote situational awareness

· Enhances public outreach with interactive engagement

· Operates in confined or hazardous spaces

· Adds a modern, high-tech layer to agency visibility

Market Impact

RADDOG is already active in police departments where it serves both

operational and community outreach roles.

From delivering situational intel to becoming a crowd favorite at events, RADDOG LE2 bridges

the gap between safety technology and public trust.

With SARA embedded, RADDOG enhances real-time communication and behavioral intelligence,

helping departments project both authority and approachability.

Its presence enhances department image while contributing to safer, smarter

Competitive Advantage

RADDOG LE2 is not a novelty robot.

It combines utility with approachability,

making it ideal for law enforcement agencies looking to modernize and humanize their security and public safety efforts.

interest from law enforcement and public safety leaders, RADDOG LE2 is quickly establishing itself as a symbol of forward-thinking policing.

The global robotic dog market was valued at $1.2 billion in 2023 and

is projected to reach $4.6 billion by 2031, growing at a CAGR of 7.1% from 2024 to 2031 xiv .

Market Drivers

-Public Safety and Law Enforcement:

Law enforcement agencies are exploring robotic dogs for search and

rescue missions, enhancing operational efficiency and officer safety.

Advancements in AI and Robotics:

Continuous improvements in artificial intelligence and sensor technologies

are enhancing the capabilities of robotic dogs, making them more adaptable and efficient for various applications.

Increased Demand for Security:

The need for reliable and autonomous security solutions in the public

sector is driving the adoption of robotic dogs for tasks like perimeter patrol, threat detection, and reconnaissance.

xiv Grand View Research , U.S.

Home Security

Camera Market Size, Share & Trends Analysis Report, 2024

https://www.grandviewresearch.com/industry-analysis/us-home-security-camera-market/

Humanoid Enforcement and Response Officer

HERO is a humanoid security robot currently under development by RAD-M.

Designed to operate in high-traffic environments, HERO combines autonomous movement, AI-driven engagement, and real-time incident response

into a single, commanding presence.

HERO will feature full integration with SARA, AITX’s Agentic AI platform, enabling advanced

situational awareness, interactive communication, and dynamic escalation in public-facing environments.

Primary Use Cases

· Retail centers and shopping malls

· Stadiums, arenas, and entertainment venues

· Airports, transit hubs, and public buildings

· Government and high-visibility corporate campuses

Core Benefits

· Provides highly visible deterrence in sensitive public areas

· Engages with the public using advanced conversational AI

· Integrates with RAD-Is broader security ecosystem

· Designed to monitor, interact, and escalate

Market Impact

Expected for release in late 2025, HERO has already generated significant

buzz among security professionals, law enforcement, and the public.

Its presence at trade shows and events signals AITX’s commitment

to leading the next evolution in autonomous security.

HERO is being engineered to address complex deployment scenarios where appearance,

mobility, and communication matter just as much as detection and response.

Competitive Advantage

HERO is more than a concept.

it is the embodiment of AITX’s long-term

No other security robot on the market offers a humanoid presence with conversational intelligence and autonomous patrol capabilities.

When launched, HERO is expected to redefine what physical security looks like in the modern world.

The global humanoid robot market was valued at $3.28 billion in 2024,

projected to reach $66.0 billion by 2032, growing at a CAGR of 45.5% xv .

Within this sector, humanoid security robots like HERO have emerged

as a strong niche segment, addressing the need for interactive, autonomous security solutions in various industries.

Market Drivers

-Labor Shortages and Rising Costs:

Increasing demand for automation in industries facing workforce constraints.

-Advancements in Robotics:

Enhanced capabilities in AI and sensor technologies are propelling

humanoid robot development.

-Demand for Interactive Security Solutions:

There’s a growing demand for security robots that can engage with individuals,

provide assistance, and respond dynamically to situations.

xv Fortune Business Insights, Humanoid Robots Market Size,

Share & Trends Report, 2032”

https://www.fortunebusinessinsights.com/humanoid-robots-market-110188

RAD Operations System Software

ROSS is RAD-I’s software platform that revitalizes legacy IP

security cameras by integrating them into an intelligent, AI-powered ecosystem.

It transforms passive devices into proactive security

tools with capabilities like object detection, license plate recognition, loitering alerts, and real-time response automation.

on ROSS’ side, these upgraded devices gain the ability to escalate alerts, communicate autonomously, and support voice-driven response

Primary Use Cases

· Upgrading legacy security camera infrastructure

· Integrating outdated systems with modern analytics

· Enabling intelligent threat detection across large facilities

· Reduces the need for costly hardware replacements

Core Benefits

· Adds RAD-level AI analytics to existing IP security cameras

· Enables real-time alerts via SMS or automated systems

· Supports escalating, customizable response workflows

· Connects to the broader RAD ecosystem for integration

Market Impact

ROSS allows organizations to maximize their current infrastructure

investment while elevating security performance.

It extends the life and relevance of installed cameras by equipping them with todays

most advanced AI tools.

For clients hesitant to replace entire camera networks, ROSS provides a smart, budget-conscious path to modernization.

Competitive Advantage

Where most analytics platforms require proprietary cameras or expensive

upgrades, ROSS works with what organizations already have.

It empowers traditional hardware with human detection, firearm recognition,

vehicle alerts, and more, all managed through RAD-I’s software platform.

ROSS brings modern capability to yesterday’s cameras.

The global AI in video surveillance market was valued at $3.90 billion

in 2024, projected to reach $12.46 billion by 2030, growing at a CAGR of 21.3% xvi .

Market Drivers

-Enhanced Public Safety and Security:

Growing concerns over public safety are leading to increased deployment

of intelligent surveillance systems.

-Advancements in AI:

Rapid developments in AI technologies are enhancing the capabilities

of video analytics, making them more accurate and efficient.

-Cost-Effective Surveillance Solutions:

AI analytics enable organizations to optimize existing camera infrastructures,

reducing the need for additional hardware investments.

xvi MarketsandMarkets, “ AI in Video

Surveillance Market by Offering, Deployment Type, Application, Vertical & Region – Global Forecast to 2030,” 2024

https://www.marketsandmarkets.com/Market-Reports/ai-in-video-surveillance-market-84216922.html

ROSA Accessory Module

RAM is a hardware module that transforms existing IP security cameras

into interactive, intelligent devices.

It adds voice capability, two-way audio, and real-time AI functionality, similar to a RAD-I ROSA

device, allowing legacy cameras to detect, speak, engage, and escalate without the need for full device replacement.

Integrated with SARA,

AITX’s Agentic AI platform, RAM enables context-aware responses, autonomous escalation, and voice-driven interaction from even the

most basic surveillance setups.

Primary Use Cases

· Enhancing passive cameras in retail or commercial properties

· Upgrading camera systems in schools, healthcare, or government facilities

· Extending the life of existing infrastructure with minimal installation

· Adding SARA-powered interaction to areas not suitable for RAD-I devices

Market Impact

RAM opens the door to RAD-I’s advanced capabilities for clients

with large investments in traditional surveillance.

Instead of ripping out existing hardware, RAM enhances what’s already in place.

This dramatically reduces upgrade costs while delivering a serious boost in functionality.

With SARA onboard, RAM makes it possible to

bring agentic behavior and intelligent engagement to previously passive systems.

It provides a low-friction entry point into fully autonomous,

interactive security.

Competitive Advantage

No other device offers this combination of plug-and-play simplicity,

AI intelligence, and voice engagement.

RAM gives existing security cameras the power to act, not just watch.

It’s the most direct

path to upgrading security infrastructure without overhauling entire systems.

The AI in video surveillance market in the U.S.

was valued at $3.90

billion in 2024 and is expected to reach $12.46 billion by 2030, with a CAGR of 21.3% xvii .

Market Drivers

-Cost-Effective Upgrades :

Organizations seek to enhance existing surveillance systems without

the expense of complete overhauls, making inline devices like RAM appealing.

-Integration with Legacy Systems:

The ability to retrofit current infrastructure with advanced analytics

capabilities addresses budget constraints and extends the life of existing equipment.

-Edge Computing:

Processing data closer to the source reduces latency and bandwidth

usage, enabling real-time analytics and quicker response times.

xvii MarketsandMarkets, AI in Video Surveillance

Market by Offering (Hardware, Software, Services), Deployment Type (On-premises, Cloud), Application (Intrusion Management, Facial Recognition,

License Plate Recognition), Vertical and Region – Global Forecast to 2030, April 2024

https://www.marketsandmarkets.com/Market-Reports/ai-in-video-surveillance-market-84216922.html

Firearm Detection Analytic

AI-Powered Threat Detection for Visible Firearms

AITX’s Firearm Detection is an AI-based analytic that identifies

visible handguns and long guns in real time.

Integrated into select RAD-I devices and available via ROSS, it enables immediate response

and alert escalation the moment a threat is recognized.

With SARA, AITX’s Agentic AI platform, firearm detection becomes more than

identification, it becomes action.

SARA can escalate alerts, notify local security, contact administrators, and initiate outreach to first

responders within moments of detection.

Primary Use Cases

· School campuses and educational facilities

· Hospitals and healthcare centers

· Government and municipal buildings

· Retail environments and public gathering spaces

Market Impact

With growing concern regarding active shooter incidents and visible

weapons in public spaces, AITX’s Firearm Detection provides a proactive layer of defense.

By turning cameras and devices into intelligent

sentries, organizations gain precious seconds that can prevent tragedy or reduce harm.

In an unfolding active shooter incident, every

second counts.

The Company’s Firearm Detection analytic is meant to provide schools, first responders, administrators, educators,

employers, students, and other personnel those precious seconds.

This technology enhances safety protocols without requiring major infrastructure

In recognition of its impact, AITX’s Firearm Detection technology was honored with the American Security Today ASTORS Award

for Best Metal/Weapons Detection Solution.

Competitive Advantage

Unlike some systems that rely on concealed weapon prediction or extensive

human monitoring, the Company’s Firearm Detection focuses on clear, visible threats and reacts instantly.

Integrated across RAD-I’s

device lineup and analytics platform, it is a scalable and proven solution that adds meaningful value to modern security strategies.

SARA delivering intelligent escalation and voice-driven guidance, AITX offers a real-time response capability no others can match.

The global AI gun detection system market is projected to grow from

$1.2 billion in 2023 to $4.6 billion by 2032, reflecting a CAGR of 16.2% over the forecast period xviii .

Market Drivers

-Rising Public Safety Concerns:

An uptick in gun-related incidents globally has heightened the demand

for proactive security solutions that can detect firearms before any harm occurs.

-Integration with Existing Infrastructure:

AI gun detection systems can be seamlessly integrated with current

surveillance systems.

-Technological Advancements:

Continuous improvements in AI, machine learning, and sensor technologies

have enhanced the accuracy and reliability of gun detection systems, making them more effective in various environments.

xviii DataIntelo, AI Gun Detection System Market Report

– Global Forecast 2023–2032, 2024

https://dataintelo.com/report/ai-gun-detection-system-market

Significant Market Opportunity

The global security industry is undergoing rapid transformation, and

AITX is positioned squarely at its center.

According to Verified Market Research, the global commercial security

system market is projected to reach $376 billion by 2028 xix ,

driven by increasing demand for automation, efficiency, and real-time responsiveness.

On the residential side, the U.S.

home security

camera market alone is valued at over $7.8 billion, with millions of households seeking smarter, more proactive protection xx .

What’s fueling this growth is a widespread industry shift.

security models that rely heavily on human guards are being reevaluated.

Labor shortages, rising costs, and limitations in response time

are pushing organizations to adopt AI-driven, autonomous solutions.

Businesses, institutions, and homeowners are no longer satisfied with

passive monitoring.

They want proactive systems that can detect, communicate, deter, and escalate without delay.

AITX addresses this need with a comprehensive suite of solutions that

serve both the commercial and residential markets.

From large-scale enterprise deployments to home security, the Company’s devices

and platforms offer intelligent response capabilities at a fraction of the cost of manned security.

With the launch of RADCam and the rapid adoption of solutions like

ROAMEO, RIO, AVA, and ROSA across verticals including healthcare, education, logistics, and retail, AITX is tapping into multiple high-growth

opportunities simultaneously.

This diverse positioning ensures that the Company is not only riding the wave of market change but helping

Projected size of the global commercial security system market by 2028

Verified Market Research

Current size of the U.S.

home security camera market

Grand View Research

175%+ Revenue Growth

AITX’s fiscal year 2025 growth compared to prior year

AITX, April 2025

Labor Shortages & Costs

Driving organizations toward autonomous, AI-powered solutions

Competitive Landscape

Redefining Security, Not Just Competing

The security industry is saturated with outdated approaches.

guard services depend on costly, inconsistent human labor.

Traditional camera manufacturers sell passive hardware with limited intelligence.

Many AI startups promise innovation, but most offer software-only solutions without the infrastructure to deploy them effectively.

AITX breaks from these models.

The Company delivers a fully integrated

ecosystem that combines proprietary hardware, software, AI analytics, and voice engagement into unified, field-ready solutions.

From ROAMEO to RADCam, AITX controls its product lifecycle, enabling

unmatched speed to market and deployment scale.

With nearly one thousand devices deployed and recurring revenue on

the rise, AITX is executing today what others promise for tomorrow:

xix Verified Market Research , Commercial Security

System Market Size and Forecast, 2024 Edition

https://www.verifiedmarketresearch.com/product/commercial-security-system-market/

xx Grand View Research , U.S.

Home Security Camera

Market Size, Share & Trends Analysis Report, 2024

https://www.grandviewresearch.com/industry-analysis/us-home-security-camera-market/

-An Integrated Model

Hardware, software, and AI, all in-house

-Multi-Segment Reach

Serving residential, commercial, and enterprise clients

-Voice Engagement

Real-time deterrence, not just passive recording

-No VC Dependence

Grown without SPACs or institutional capital

-Speed to Market

Weeks, not quarters, from concept to deployment

The AITX Business Model

Recurring Revenue Engine

Subscription-based model that scales with deployment

Multi-Segment Subsidiary Strategy

RAD-I (Enterprise), RAD-M (Mobile), RAD-G (Tech Dev), RAD-R (Residential)

In-House Control = Margin Growth

Manufacturing, software, and deployment fully managed internally

Dealer and Channel Distribution

Expanding reach through trusted networks

Flexible Deployments

Customizable subscriptions for varied security needs

AI-Powered Value

Proactive, intelligent solutions replace outdated systems

Margin efficiency grows with every new deployment

AITX delivers automation-first security solutions through a vertically

integrated platform of hardware, software, and AI.

AITX’s Technology Advantage

Proven AI, Autonomous Devices, Real-Time Results

AITX’s platform replaces outdated surveillance with real-time

intelligence.

SIA’s New Product Showcase recognizes innovative products, services and solutions in electronic physical security, and SCOT™’s

award comes in the Law Enforcement/Guarding Systems category.

Technologies within the program are used in the protection of life and

property in residential, commercial, and institutional settings, displaying SCOT™’s importance in long-range human detection

and acting as a force multiplier for safety and defense against outside threats.

3.0 with STAN™, Security Industry Association NPS Awards, in the category of ‘Access Control Software, Hardware, Devices

and Peripherals’

with RAD Light My Way, CBRE Innovation Challenge 2021, in the category of ‘Best Workplace Experience Solution Award’

180™, American Security Today 2021 ASTORS Awards, in the categories of ‘Best Robotic Perimeter Protection’ & ‘Best

Motion Detection Solution’

& Product Development

product line has continued to develop with both new solutions being added and older solutions being phased out.

Specifically:

is discontinued although 2 units continue to operate and generate revenue for the Company.

Although initial interest was high and

several initial deployments continue to operate as intended the solution did not fulfill expected sales targets and as such it was

decided not to upgrade it to the ‘3.x’ technology.

It has been removed from the price list.

A permanent impairment on

the Scot has been recorded.

& Tom – Wally has been replaced with TOM (‘The Office Manager’) which has many but not all Wally features yet

features stronger processing and related technology.

Wally’s are being removed and replaced with Toms throughout last calendar

year although some Wally’s will continue to operate for a few more years.

Notably, the first Wally installation from 2020 continues

to operate, is expected to operate for more years and is not scheduled for replacement.

is has completed it’s final version 3.1 production at the time of this filing.

Generation 4 has begun production at the time

of this filing (May 2024).

and features the ‘RADPack Millie Gen 3’ control board from RAD G.

This board is expected to

significantly reduce assembly time because it requires a significantly less sophisticated wiring harness.

The board also allows for

better fleet management functionality since the board is 100% designed, programmed by RAD and important features have been included

ROSA Gen4 has 65% less production time than 3.1.

has spawned two significant iterations:

‘RIO’ is a ROSA Independent Observatory, or in other terms, a solar powered trailer with 1 – 2 ROSA units

The current market leader in this space is a company called LiveView, Inc.

The Company estimates this market at around 6,000

new trailer deployments per year and is looking to capture up to 10% - 20% of the market within 2 years.

As of the time of this writing

approximately 200 RIO have been deployed for a variety of clients.

This version has 1 – 2 ROSA attached to a pre-existing pole and powered through that poles lighting power.

since the lights are generally only powered at night ROSA P has the ability to power the ROSA(s) and a battery pack while the lighting

circuit is receiving power.

During daylight, when there is no lighting power, ROSA P provides battery power to the 1 – 2 ROSA.

As the time of this filing several ROSA P are deployed across three different clients.

At the time of this writing approximately

20 iterations are deployed.

has evolved into it’s Generation 4 series.

This series features more responsive and much brighter touchscreen and a significantly

improved 2 way audio system.

AVA deployments continue to be more ‘sticky’ than any other RAD deployment because it becomes

an essential part of regular facility activity since it allows for vehicle ingress and in some cases egress.

AVA has evolved into

Generation 4with the completion of the RADPack Millie Gen 3.

4 th Generation – AIR Powered

AIR™ direction is the basis for the 4 th Generation of hardware and software from the AITX subsidiaries.

this has launched RAD I’s 4 th Generation ROSA™, RIO™ and AVA ™ products.

As of May 2024 the 2024 production

has begun for ROSA and RIO.

AVA 4 th Generation solutions are expected to be in production in June or July.

RAD G core product,

RADPack, features AIR support with version ‘RADPACK Millie Version C’.

This version is built to carry NVIDIA Jetson processors

which is a critical component for AIR.

RAD M devices, specifically RADDOG and ROAMEO, will all feature AIR solutions.

the mobility side the Company has made significant progress.

Specifically:

– version 2 units have been deployed across a number of clients and it was found that the motors are not satisfactory for 100%

reliable use.

Notably one client has had a ROAMEO for many months, it’s solved their security issue and has achieved important

milestones such as 16 hours of perfect autonomous patrols and months of perfect autonomous recharging.

However the Company has decided

to shut the 2.x program in favor of the 3.x program (which is now being called Generation 4 because it has AIR) for these reasons:

The new motors built for 4.x will give much improved performance across the board and this is the type of performance the Company

wants to use in a high volume product.

Specifically the motors allow for minute operation as a stepper motor, allow for fast speeds,

have an integrated safety brake and are suited for safety certifications (critical).

Production costs of ROAMEO 3.x are expected

to be 50% of 2.0 which was considerably expensive and made it impossible to achieve required profit margins.

The sensor package

and user payload on 3.0 is refined and focused for reliability.

ROAMEO 3.x prototype 1 is 80% at the time of this filing although

resources are primarily focused on RADDOG development.

At this moment the Company has achieved sophisticated autonomous navigation

for ROAMEO and other important technical milestones.

Demand and requests for ROAMEO remain high despite not mentioning or promoting

The Company continues work on it and advises that the first prototype should be complete prior to the end of the fiscal year.

A permanent impairment on the version 2 units has been recorded.

2LE – This version launched June 6, 2023, and it’s ‘LE’ denotes that it is specifically designed for law

enforcement applications.

Additional information can be found at raddog.ai.

The company has deployed 1 unit to a Michigan police

Currently the company is developing it’s next version of the RADDOG with it’s manufacturing partner, Unitree.

The Company expects to reveal this version around September 2024 and has committed to produce 100 versions.

has created a variety of front-end and back-end software solutions to power its ecosystem.

RADGUARD is customer-facing software (on the

touchscreens of RAD’s field devices), and management solutions include RADSOC (Security Operations Center) and RADPMC (Property

Management Center).

has developed a variety of utilities that allow automatic over-the-air updates, most of which are within a back-end application called

SCOT Manager and RUPERT (‘RAD Utility, Performance, and Efficiency Reporting Tool’).

has developed Visitor Management, Access Control, and other applications itself instead of seeking to partner with legacy manufacturers.

It is RAD’s opinion that the legacy paradigm in the physical space underserves the markets in terms of cost, functionality, and

recently introduced its own Video Management System into RADSOC, delivering a fully integrated solution that facilitates robust security

and property management capabilities.

the end of the prior fiscal year the company announced ‘ROSS’ which is the company’s video management system.

allows non-RAD cameras to be managed by RADSOC alongside RAD stationary and mobile devices.

It further allows for RADSOC’s analytics

and communication features to be accessible and applied to these non-RAD cameras.

launched it’s Fire Arm Detection (‘FAD’) analytic last fiscal year and closed it’s first ROSS/FAD/ROSA project

with Rosenbaum Yeshiva in New Jersey.

The company has built a modest sales funnel for similar opportunities.

company believes that RAD’s ability to deliver easy-to-use, easy-to-obtain, and easy-to-support software, combined with custom

workflow-automation applications, is key to the company’s success.

Company believes that the R&D work it has completed makes AITX’ vision for a single all encompassing security and property

technology platform complete.

With the addition of the stationary and mobile solutions, plus the ability to integrate existing cameras

into the system, RAD can now provide solutions in almost every situation at a cost less than most others.

RAD continues to develop and

evolve software based on AIR, client requests, new features, scaling and other reasons.

Its proprietary AI and autonomous devices are already deployed in the field, delivering measurable results.

SARA at the Core

Voice-driven AI engine powering real-time detection, deterrence, engagement,

and escalation

Vertically Integrated Stack

Hardware, software, and firmware developed in-house for speed and precision

Autonomous Mobility

ROAMEO, RADDOG and HERO can effectively patrol large areas without

human involvement

Deployments at Scale

Used in enterprise, healthcare, logistics, retail, construction and

residential environments

AITX is not theorizing what security could be - it is delivering what

others have not.

AITX Subsidiaries

AITX owns and operates five (5) wholly-owned subsidiaries.

Robotic Assistance Devices, Inc.

● AI-driven security solutions

● Autonomous deterrence and response

● Delivery of industry-leading Agentic AI, aka SARA

● Trusted across retail, logistics, education, and more

● www.radsecurity.com

Robotic Assistance Devices, Group (RAD-G)

● Agentic AI development and distribution to OEMs

● OEM and custom AI security technology

● Licensing AI-driven security solutions

● RAD Lanka (Sri Lanka development office)

● www.radgroup.ai

Robotic Assistance Devices, Residential (RAD-R)

● AI-powered security solutions for residential markets

● Agentic AI integration through ‘SOS’ features

● Bringing enterprise-level security automation to residential users

● Enhancing safety through intelligent monitoring and response

● www.radresidential.ai

Robotic Assistance Devices, Mobile (RAD-M)

● Mobile security, delivery, all-purpose solutions

● Agentic AI driven solutions

● Solar-powered, 5G-connected deployments

● No infrastructure required, deployable anywhere

Robotic Assistance Devices Lanka (PVT) Ltd.

(RAD L ) is a wholly owned subsidiary of RAD G incorporated in Sri Lanka.

This Company was setup to take advantage a cost effective, educated workforce and tax savings.

AITX’ main website is aitx.ai.

investor information can be found at this site and it is updated regularly.

Manufacturing

25 unchanged sentences

period of robot deployments and our transition to 4 th generation solutions.

of May 7 ,2024, the company has 97 full-time equivalent employees with 51 being outside the United States

Company is focused on sequential product development while sales grow in order to get close to positive cash flow.

The Company has shared

publicly that it expects to be operationally positive cash flow on a monthly basis towards the end of the 2025 fiscal year.

believes that its experience has shown that the security market is ripe for disruption.

30 unchanged sentences

Reinharz will continue his promotion of the new paradigm for the next few years until adoption is widespread.

To Market Strategy

strategy has been to focus on the creation and support of a strong dealer channel.

RAD has successfully executed this strategy and has

added over 60 qualified dealers to our dealer channel.

The expectations were that this approach affords multiple benefits to RAD with

few downsides and almost all dealers exclusively represent RAD solutions in the area of ai-enabled autonomous devices.

over the past year it’s become clear that the dealer channel has exceptional benefits with a limited number of dealers.

Forward-thinking

dealers that invest the time and energy into RAD have the ability to be successful.

Unfortunately many dealers are happy to sign up and

continue their normal business operations without giving proper efforts to promote RAD solutions to their client bases.

As such the company

has about 20 active dealers with the rest being more opportunistic.

As such the Company has been increasingly focusing on a limited number

of dealers, including a strong and growing relationship with the world’s largest security company, Allied Universal Inc.

AUS and RAD are working on a large roll out to all integration offices as this report is filed.

Furthermore the Company is devoting more

time to direct sales, an area of effort that gives the Company more control over the sales process.

It is expected that going forward

the relationship with active dealers will strengthen while continuing to strengthen direct sales.

may be subject to competition by competitors that have greater operating histories, cash and operational resources than we do.

of March 7, 2024, we have a headcount of 97 fully dedicated full-time equivalents, including 46 RAD Inc.

employees, 28 overseas contractors,

and 23 employees of a Canadian research and development company.

As of March 7, 2025, we have a headcount of 116

fully dedicated full-time equivalents including sub-contractors.

None of our employees are represented by a union.

8 unchanged sentences

and data protection and compliance

Company continues it’s focus on delivery of safe and secure software and systems to its clients.

As such, last year the Company

achieved SOC 2 Report status.

The SOC 2 Report has become a benchmark standard, and now an often-specified requirement, in the software

procurement process.

Established by the American Institute of Certified Public Accountants (AICPA), criteria and reporting principles

are outlined as a means for organizations to create a documented framework of policies and procedures to prove how they manage and secure

data in the cloud and ensure protection of customer privacy and ensure internal communications are suitably handled.

This achievement

reflects the Company’s stated goals of best-in-class data protection and internal processes.

Company has subsequently maintained SOC 2 Type 2 status and has achieved a cyber certification from a Fortune Five company which was

more difficult to obtain than either SOC certifications.

Due to non-disclosure agreements with the Fortune Five company AITX can not

disclose who it is from.

Implementation

of ERP (enterprise resource planning) System - Update

Company’s implementation of NetSuite ERP continued through the year with a successful transition to all accounting and human resources

now fully functionality.

Sales is using some of the CRM features of the ERP but still using a non-ERP platform for management of the

sales funnel.

Production’s use of the ERP significantly increased over the course of the year.

There remain some challenges for

full production implementation related to change management.

Management expects full implementation of the ERP to complete this fiscal

The will allow realization of efficiencies in purchasing, kitting and production.

Dealers Added to Dealer Network

the end of FY 2023 RAD has more than 57 authorized dealers, up from 32 at the beginning of the fiscal year.

These dealers are located

across the United States, Canada, and the EU, with plans for continued expansion.

Dealers include the largest security companies in the

world, including Allied Universal and GardaWorld, which are respectively the largest and 3 rd largest guarding companies in

The ongoing addition of authorized dealers introduces and delivers RAD products to new markets.

sales funnel continues to grow in both quantity and quality.

The sales team has matured and stabilized with a Senior Vice President of

Sales with four full time direct sales reports.

The Company continues it’s focus on delivery

of safe and secure software and systems to its clients.

As such, this year, February 2025, the Company achieved SOC 2 Type 2 status.

status level required considerable work and continuous best practices by all elements of the company.

The SOC 2 Report has become a benchmark

standard, and now an often-specified requirement, in the software procurement process.

Established by the American Institute of Certified

Public Accountants (AICPA), criteria and reporting principles are outlined as a means for organizations to create a documented framework

of policies and procedures to prove how they manage and secure data in the cloud and ensure protection of customer privacy and ensure

internal communications are suitably handled.

This achievement reflects the Company’s stated goals of best-in-class data protection

and internal processes.

The Company has subsequently maintained SOC 2

Type 2 status and has achieved other cyber certifications.

The sales funnel continues to grow in both quantity

The sales team has matured and stabilized with a Senior Vice President of Sales with seven full time direct sales reports.

Additional sales drivers are RAD’s President as well as AITX’ CEO.

operations team members are instrumental in encouraging clients to expand existing systems.

Furthermore operations team members are instrumental in

encouraging clients to expand existing systems.

the fiscal year ended February 28, 2025 RAD added hundreds sales opportunities to the sales funnel.

46 unchanged sentences

“smaller reporting company,” as defined by Rule 229.10(f)(1).

UNRESOLVED STAFF COMMENTS

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 1. Business