AITX announced a five-vehicle ROAMEO order expected to add approximately $45,000 in recurring monthly revenue under a three-year term.
Key Highlights:
- RAD received an order for five ROAMEO autonomous patrol vehicles for deployment at mining sites in South Africa.
- Contracts priced at $9,000 per vehicle per month for 36 months, implying about $45,000 monthly RMR and $1.62M aggregate value if fully performed.
- Definitive contracts not yet executed; order subject to contracting, deployment and customer acceptance.
- Deployment expected to begin in calendar 2027; timing depends on contracts, manufacturing, transport, customs and on-site commissioning.
- Company views the order as a commercial step into large-scale international mining and a potential path to expanded fleets and additional sites.
Original SEC Filing:
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