The deal includes the deployment of RAD’s innovative security solutions to six grocery stores. Five of these stores will each receive one ROSA™ (Responsive Observation Security Agent) unit and one RIO™ 360 (ROSA Independent Observatory) unit. The sixth store will be equipped with two RIO 360 units. Upon full deployment and acceptance by the client, this order is expected to generate an estimated $165,000 in annual recurring revenue for RAD.
This deployment is particularly noteworthy as it represents the first time RAD’s RIO units are being utilized in a multi-location retail environment. RIO, RAD’s advanced, solar-powered security solution, is designed to address unique security challenges faced by retail outlets, offering enhanced surveillance and safety measures.
Steve Reinharz, CEO of AITX, commented, “This order is a testament to the growing recognition of RAD’s solutions in the retail sector. The deployment of our units in a multi-location grocery chain not only demonstrates the versatility and effectiveness of our products but also opens a significant market opportunity in the vast network of grocery stores across America.”
The grocery retail sector in the U.S. presents a substantial market potential for RAD’s innovative security solutions. With thousands of grocery stores nationwide, each facing unique security and operational challenges, RAD’s technology offers a scalable and efficient solution to enhance safety and security in these environments.
Mark Folmer, CPP, PSP, FSyI, President of RAD, added, “We’re excited about the prospects this deployment opens for us in the grocery retail sector. This is a key industry with specific security needs where our technology can make a significant impact. It’s another step closer to the company achieving operational positive cash flow.”
This new order from the Midwest grocery chain is a significant stride for RAD in its journey towards expanding its footprint in the retail sector and achieving operational positive cash flow. It underscores the adaptability and effectiveness of RAD’s security solutions in diverse commercial settings.
Troy McCanna, Sr. Vice President Revenue Operations at RAD, shared his insights on this significant development, “This new partnership with the Midwest grocery chain underscores the competitive edge that ROSA brings to the retail security sector. ROSA’s unique blend of advanced surveillance technology, real-time analytics, and autonomous response capabilities played a pivotal role in sealing this deal. Its ability to effectively address a wide range of security challenges – from loitering and trespassing to providing immediate incident response – makes ROSA an invaluable asset for retailers looking to enhance safety and efficiency across multiple locations.”
Sitting atop a standard RIO 360 configuration are dual ROSA units. ROSA is a multiple award-winning, compact, self-contained, portable, security and communication solution that can be installed and activated in about 15 minutes. ROSA’s AI-driven security analytics include human, firearm, vehicle detection, license plate recognition, responsive digital signage and audio messaging, and complete integration with RAD’s software suite notification and autonomous response library. Two-way communication is optimized for cellular, including live video from ROSA’s high-resolution, full-color, always-on cameras. RAD has published five Case Studies detailing how ROSA has helped eliminate instances of theft, trespassing and loitering at hospital campuses, multi-family communities, car rental locations and construction sites across the country.