As an AI research lab and venture firm we are always on look out for new emerging AI and data related companies making waves.
One play that recently hit our radars was Robotic Assistance Devices’, or RAD for short. RAD technology improves the simplicity and economics of patrolling and guard services, and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staffs and gain higher levels of situational awareness, all at drastically reduced cost. https://roboticassistancedevices.com/
In short think of RAD as an assistant security guard to help put more eyes and sensors on area for increased surveillance exposure.
This is in some ways similar to Knightscope, which is an automated physical security patrol and presence devices deliver real-time, actionable intelligence anytime and anywhere, giving security teams the ability to detect and react faster. Their Autonomous Security Robots (ASRs) are made in the USA, and built in Silicon Valley, and currently have a private valuation of $447 million.
Robotic Assistance Devices (RAD), is a wholly-owned subsidiary of Artificial Intelligence Technology Solutions (OTC:AITX), an innovator and manufacturer of artificial intelligence-driven security robots, mobile and stationary robotic solutions for operational, guarding, deterrence, and monitoring needs.
To get idea of interest in this type of technology one only need to look at AITX recent volume, with the stock trading nearly $30 million on Friday, with a whopping market cap of roughly around $200 million.
As an AI research lab we have no opinion of AITX stock as a security, but rather to point out the use of robotics in security and commercial surveillance in real-life applications. This is definitely a story to watch.
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