AITX Anticipates Renewed Government Focus on Enhanced Security Measures Regardless of Election Outcomes

Detroit, Michigan, November 5, 2024 — Artificial Intelligence Technology Solutions, Inc. (the “Company”), (OTCPK:AITX), a global leader in AI-driven security and productivity solutions, anticipates a renewed commitment to public safety and security from federal, state, and local governments in the coming months, regardless of election results. With an increasing demand for safer communities and responsive public spaces, AITX and its subsidiary, Robotic Assistance Devices, Inc. (RAD), are prepared to support evolving government initiatives with advanced security solutions that enhance protection while offering significant cost savings across sectors.

In recent years, the Biden-Harris administration has significantly increased funding to support state and local crime prevention efforts. The Department of Justice’s Office of Justice Programs has invested unprecedented resources in programs designed to reduce gun crime and community violence, including awarding $100 million under the Community Violence Intervention and Prevention Initiative to support site-based programs, training, technical assistance, and research across the country.[i] Additionally, the administration has emphasized the importance of utilizing funds from the American Rescue Plan to enhance public safety. President Biden has called on state and local leaders to dedicate more American Rescue Plan funding to make communities safer, highlighting that $10 billion in American Rescue Plan funds have been committed to public safety, including at least $6.5 billion in State and Local funds committed by more than half of states and more than 300 communities across the country.[ii]

“We’ve seen a significant increase in interest and opportunity from municipalities and regional jurisdictions looking for advanced security solutions that can meet their communities’ needs,” said Steve Reinharz, CEO/CTO of AITX and RAD. “Our autonomous intelligent response technologies align with the growing focus on public safety across federal, state, and local levels. Our solutions provide an efficient approach that enhances security without the high costs traditionally associated with physical security measures. We’re committed to supporting these evolving public safety initiatives with technology that’s accessible, non-biased and impactful.”

Across the U.S., cities and counties are prioritizing public safety, with increased expenditures aimed at bolstering community security. According to the National League of Cities, nearly half of surveyed municipalities identified public safety as a key factor driving budget growth[iii]. This trend underscores a nationwide commitment to enhanced security measures, highlighting the need for advanced and cost-effective solutions like those offered by RAD.

“Our sales funnel is more robust than ever with opportunities from municipalities and regional agencies that are actively seeking advanced security solutions,” said Troy McCanna, Chief Security Officer & Senior Vice President of Revenue Operations at RAD. “The recent successful deployments of our RIO units in Downtown Cleveland showcase the strong demand for cost-effective, autonomous security that can seamlessly integrate into public spaces. These deployments are a testament to how RAD’s solutions are meeting the real-world needs of communities, and we expect to see this momentum continue as more jurisdictions prioritize safety and efficiency.”

Recognizing the urgent need for enhanced public security and safety, RAD is actively expanding its initiatives to connect with municipalities, regional agencies, and other public sector entities seeking advanced security solutions. By creating tailored outreach and support programs, the Company is positioning itself as a strategic partner to decision-makers who prioritize public safety.