Artificial Intelligence Technology (AITX) Stock Soars On New Order: Now What?

The Artificial Intelligence Technology Solutions Inc (OTCMKTS:AITX) has gone off the blocks quickly this morning and jumped 11% already.

The stock rallied after the company announced this morning that its fully owned subsidiary unit Robotic Assistance Devices bagged two new orders for its ROSA units. In recent times, ROSA has become an increasingly popular item from the Robotic Assistance Devices stable. Since the last public announcement was made by the company, these new orders have come in.

The name of the client was not disclosed due to confidentiality rules, but Robotic Assistance Devices did indicate that one of the ROSA units has been ordered by a national grocery distributor. The item was sold through one of the company’s authorized dealers. The other order has been placed by a security firm based out of the East Coast and this firm is also expected to come in as one of the authorized dealers of Robotic Assistance Devices.