- The artificial intelligence market was valued at $93.5 billion in 2021 (Grand View Research)
- The AI Market is expected to grow at 38.1% annually between 2022-2030 (Grand View Research)
- This makes AI one of the fastest-growing industries
With AI growing at such a rapid rate, investors are looking to invest in companies that will secure market share. There are several companies investors looking to capitalize on the growth of AI should start researching immediately.
Artificial Intelligence Technology Solutions, Inc. (OTCMKTS: AITX) is a great place to start.
AITX’s subsidiary Robotic Assistance Devices (RAD) offers enterprises efficient security solutions. Its devices solve complex security challenges and reduce costs for companies. The company offers several security robots (SCOT™, ROSA™, Wally™, Wally HSO™, AVA™, ROAMEO™, or RAD Light My Way™) that solve a host of security issues.Now is a great time to start researching AITX because April has been a banner month for the company. Its April success is due to the company’s performance at ISC West in March.
- AITX’s RAD participates in ISC West, the security industry’s premier conference, in March.
- AITX’s AVA 3.0 wins an award at ISC West.
- AITX says the company “gained a significant increase to its late-stage (i.e. ‘close to closing’) sales opportunities,” at the conference.
- AITX CEO Steve Reinharz said this could mean a potential, “10,000 device deployments.”
- AITX announces in total the company acquired approximately 150 new well-qualified end-user opportunities in addition to over 50 existing client and dealer meetings.
RESULT
AITX has announced 16 new sales since the conference. In fact, last week the company “shipped its two-hundredth ROSA.” There could be many more in the pipeline judging by the reported opportunities. These events could be catalysts for AITX’s stock. Make sure to start your research now.
Red Cat Holdings, Inc. (Nasdaq: RCAT), is another defense based AI play. The company is a hardware-enabled software provider to the drone industry. The Company was one of just two drone manufacturers selected out of over 30 competing manufacturers to be awarded a prototype contract with the U.S. Army for its Short Range Reconnaissance Tranche 2 (SRR T2) program. The Company also recently delivered 15 Golden Eagle units to a NATO country for ultimate deployment in the Ukraine conflict.
Ozop Energy Solutions, Inc. (OTCMKTS: OZSC), is entering the AI space with the launch of its new division, Ozop Engineering and Design, Inc., OED will design and engineer energy-efficient, easy to install, “smart” digital lighting controls systems for commercial buildings, campuses, and sports, medical, military complexes throughout North America and eventually the global marketplace.
DarkPulse, Inc. (OTCMKTS: DPLS) newest initiative to build Charging Lanes™, which are Smart Roads™ with Electric Vehicle (EV) integrated charging capabilities. DPLS secured the major sponsorship position for the sixth annual “Smart Cities Connect” conference that will be held in Washington, D.C. September 26 through September 29, 2022. DarkPulse Chief Executive Officer, Dennis O’Leary, will deliver the keynote address to speak about the launch of the world’s first intelligent piece of infrastructure, the Honcut Bridge in Marysville, California, brought to life by DarkPulse technology.
Quantum Computing (Nasdaq: QUBT) Vice President of Strategy, Rebel Brown, is also presenting at the IQT Spring 2022 event. He will speak about the company’s ‘Path 2 Quantum’ (P2Q) framework, a comprehensive and strategic four-phased approach that helps organizations identify their best possible path to quantum computing for solving practical and often critical use cases. P2Q enables enterprises to benefit from comprehensive and accelerated quantum exploration with greatly reduced investment and risk.
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