Artificial Intelligence Technology Solutions Announces Details of Strategic Relationship With Ghost

Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), which provides AI-driven security and productivity solutions for enterprise clients, has signed an agreement with Ghost Robotics Corporation (“Ghost”), outlining the details of the strategic relationship between the two companies for mutual growth and collaboration, Business Wire reported.

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“Ghost Robotics’ advanced technology has positioned them as the market leader in the Quadrupedal Unmanned Ground Vehicle (Q-UGV®) space. Ghost’s CEO, Jiren Parikh and I have been working towards this moment for the past few years, and we’re thrilled to ink this agreement,” said Steve Reinharz, CEO of AITX.

”We are delighted to enter into this agreement and look forward to co-developing a range of new products with the Robotic Assistance Devices companies,” said Jiren Parikh, CEO and founder of Ghost Robotics.

“RAD has been a market maker in the security services industry with their stationary and mobile products. Integrating our QUGVs into their offering will certainly open doors and bring new opportunities for both companies,” Parikh concluded.

AITX expects that its first comprehensive consolidated PCB component, named ‘RADPak Mini’, and produced by the RAD-G subsidiary, will power and control the RAD functions on the Q-UGV®.

The development work will be performed by RAD’s mobility subsidiary RAD-M. “This is the first non-RAD developed product that will incorporate our technology into and is a great leap for RAD-G’s technology,” Reinharz continued.

“In the coming months, our ROAMEO product will have a sidekick or two,” Reinharz added. “While ROAMEO stands nearly seven feet tall and provides a variety of security and facility-focused services, the Q-UGV® will provide different services that we will announce as the product gets closer to full commercialization.”

The agreement contains an agreement of confidentiality that governs the sharing of information and protects trade secrets of each organization. Reinharz did add that RAD anticipates product announcements from this relationship in the next 6 to 12 months.

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