Artificial Intelligence Technology Solutions, Inc. (AITX) announced on September 24, 2024, that its subsidiary RAD-R is now accepting online preorders for the RADCam, an AI-powered interactive security camera, at radcam.ai. Shipments for the new device are expected to commence in mid-December 2024.
RADCam is positioned as the world’s first AI-powered, purpose-built 'Talking Security Camera,' designed to engage with individuals approaching or entering homes through real-time interactions. The product will retail for $99.00, with a monthly subscription of $24.99 unlocking its full suite of AI-enabled features, including conversational AI and advanced detection capabilities.
Initial annual revenue projections for RADCam have been adjusted upwards from an estimated $200,000-$800,000 to a potential range of $1 million-$2 million. Monthly subscription revenues are now forecasted to range from $150,000 to $400,000, reflecting strong early interest and a positive outlook for its impact on AITX's revenue.
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