Artificial Intelligence & Robotics
Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), announced in September that it had created a new, wholly-owned subsidiary, Robotic Assistance Devices Mobile, Inc. (RAD-M) to develop, build and invest in a suite of mobile solutions for the autonomous remote services industry.
Robotic Assistance Devices Inc. (RAD), also a wholly-owned subsidiary of AITX will serve as RAD-M’s exclusive master distributor of finished product and will continue to invest in existing and new sales channels.
“RAD-M now has the resources and IP from RAD for ROAMEO and as-yet unannounced solutions. By concentrating specific R&D and design resources in RAD-M we can continue to invest new capital, attract and grow our world-class group of developers, engineers and designers and ultimately deliver class-defining solutions,” said Steven Reinharz, President and CEO of RAD and the new RAD-M. “This separation of our stationary and mobile solutions allows each business unit to fully concentrate on their primary missions which will result in streamlined development timelines.”
The research, development and engineering teams, across the globe have been working on perfecting, testing and getting ROAMEO ready for its market debut.