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AITX's Subsidiary Robotic Assistance Devices to Reveal RIO at Upcoming GSX Security Trade Show

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  Artificial Intelligence Technology Solutions is announcing today its wholly owned subsidiary, Robotic Assistance Devices. It will formally unveil the long-awaited RIO project as Global Security Exchange. It is to be held in Atlanta from September 2012 to 2014. RAD is also exhibiting in booth 1650. The CEO of Artificial intelligence states that it is the first time we are applying RAD technology to an existing market. We are estimating that the market is worth $500million a year in recurring revenues. Moreover, we are excited to see the revenue captured by the RAD. Besides this, with an introduction of RIO at Global Exchange Security, we are looking forward to disrupting the huge markets and empowering our dealers to make improvements in their business. The ROSA Independent Observation continues the expansion of its best-selling ROSA security robot lineup. We are watching the early interest and enthusiasm for RIO that our company is gearing up for the manufacturing and deploying u...

RECONAFRICA AND NAMCOR ANNOUNCE THE SPUD OF THE FIRST OF FOUR OIL TARGETS IN THE KAVANGO BASIN

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  On June 28, 2022, both RECONAFRICA and Its partner NAMCOR as a joint venture announced the initial drilling of the well. The program comprises four well that will be in effect continuously and plan to test 2 wells named oil-prone Karoo Rift Fill and Intra Rift Fault Block.  It is planned that the 8-2 well will be drilled depth of 2800 meters and the testing of oil and gas reservoirs at the Karoo Rift Fill.  RECONAFRICA and Its partner company NAMCOR also planned to drill deeper at Pre-Karoo Mulden and Otavi Formations.  RECAF Stock On July 29, 2022, the price of RECAF Stock was 3.21 US dollars. Analysts' analysis is predicting the investment in RECAF Stock could benefit on a long-term basis. RECAF Stock is volatile because It is showing many fluctuations in its price on a daily basis.  About ReconAfrica RECON Africa is working on drilling and exploration of oil and gas reserves in the countries of Namibia and Botswana.