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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.
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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.
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“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.”
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The research, development and engineering teams, across the globe have been working on perfecting, testing and getting ROAMEO ready for its market debut.