AITX Announces Regulation Crowdfunding for its Subsidiary RAD-M

Artificial Intelligence

Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), is pleased to announce that its majority owned subsidiary Robotic Assistance Devices Mobile, Inc. (RAD-M) has begun a short private placement offering in accordance with Regulation Crowdfunding (Reg. CF) adopted by the U.S. Securities and Exchange Commission (SEC) through TruCrowd. Full details can be found here:

RAD-M announces the launch of its dedicated website that identifies that letters of intent for pre-orders worth more than $16 million in total potential revenue of ROAMEO units have been received from a variety of dealers and end users including Fortune 500 companies.

“I believe this is a great opportunity for a wide variety of investors and enthusiasts to join the #RADArmy as we continue to define the Autonomous Remote Services industry that we expect will join manned guarding and physical security as a multi-billion dollar industry,” said Steve Reinharz, Founder and President of RAD-M. “End user response to RAD-M’s flagship solution ROAMEO, with the minimal engagements that we have pursued, has been nothing short of overwhelming.”

The company’s lead product, a mobile robot named ROAMEO, towers over 6’6” tall and weighs over 700 lbs. According to the company, ROAMEO is designed to autonomously patrol a property or periphery and survey its surroundings, conducting routine patrols, recording and reporting back to the central command center. The AI-analytics and backend systems utilized by ROAMEO are those of RAD-M’s sister-company, Robotic Assistance Devices (RAD).

“RAD-M’s is one of the most exciting opportunities I’ve yet seen,” said Vincent Petrescu, CEO of truCrowd, Inc. “RAD-M’s selection of the TruCrowd’s platform is continued validation of our success as a leading regulation crowdfunding site.”

The company may post important information about its subsidiaries RAD-M and RAD on the websites www.radroameo and and through tweets from RAD/RAD-M President and CEO Steve Reinharz (

Related posts

Tangent Works’ Predictive Tool Now in Microsoft Azure Marketplace

PR Newswire

Ensurem InsurTech Vouches for AI Acceleration in Medicare Solutions

PR Newswire

South Korean Govt, Korea Startup Forum Brings DEF 2020 on Sept 11

AI TechPark