AITX - Robotic Assistance Devices signs 10 year lease on Royal Oak Township facility

Artificial Intelligence Technology Solutions (AITX) announces that its wholly-owned subsidiary Robotic Assistance Devices ((RAD)) has signed a 10-year lease on a new facility in Royal Oak Township, Michigan, as part of its ongoing expansion plan.The company plans to move much of its manufacturing, assembly, testing and shipping operations from its Irvine, California facility to the new location in the greater Detroit area.The company expects hiring up to seventy-five employees to staff the Royal Oak Township facility over the new few years.Shares up nearly 8% premarket.

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Robotic Assistance Devices signs 10 year lease on Royal Oak Township facility