Robotic Assistance Devices Updates Business Description and Details - Seite 2

RAD’s sales pipeline includes over 350 distinct opportunities that are in Stage 5 of RAD’s “Sales State Definitions,” meaning that RAD has customized a proposal that is based on specific customer needs and illustrates the potential return on investment (ROI) to the customer. These opportunities, if realized, have the potential to represent thousands of unit orders.

RAD’s sales and distribution channel is supported in part by 25 authorized dealers that actively present RAD solutions to their end user customers. Although RAD’s sales cycle typically ranges from 6–18 months, the company is deploying a variety of methods to shorten this sales cycle. The planned launch of the ‘RAD 3.0’ devices in October 2021 may offer improvements that shorten the sales cycle and allow quicker conversion to sales and revenue. “RAD continues to be represented by the most forward-thinking security services dealers across the country. These include the biggest names in the industry, plus several solid regional dealers. Collectively, these dealers can reach end users at an impressive pace and with great depth,” Reinharz added.

The company also confirmed that RAD has 10 product names and slogans under review at the United States Patent and Trademark Office (USPTO) and anticipates making another 15-20 similar filings by the end of November 2021. RAD also expects to file several design patent applications with the USPTO related to ‘RAD 3.0’ before the end of the fiscal year.

Robotic Assistance Devices (RAD) is a high-tech start-up that delivers robotics and artificial intelligence-based solutions that empower organizations to gain new insight, solve complex security challenges, and fuel new business ideas at reduced costs. RAD developed its advanced security robot technology from the ground up including circuit board design, and base code development. This allows RAD to have complete control over all of design elements, performance, quality and the user’s experience of all security robots whether SCOT, ROSA180, Wally, Wally HSO, AVA, or ROAMEO. Read about how RAD is reinventing the security services industry by downloading the Autonomous Remote Services Industry Manifesto.