Artificial Intelligence Technology Solutions, Inc. Form 8-K Filing

Artificial Intelligence Technology Solutions, Inc. (AITX) announced a price increase of approximately 14% for its hardware solutions, effective May 1, 2026. This adjustment is due to sustained increases in component, logistics, and compliance costs, which the company absorbed for nearly three years. Orders placed by April 30, 2026, will be honored at current pricing. Additionally, AITX is integrating its SARA™ (Speaking Autonomous Responsive Agent) as a standard capability across all devices, enhancing their functionality from detection endpoints to active participants in security operations. The company expects this price increase to impact gross profit margins starting in Q3 of fiscal year 2027. AITX, through its subsidiary Robotic Assistance Devices (RAD), aims to provide AI-driven security and productivity solutions, with a focus on cost savings compared to traditional manned security.