Robotic Assistance Devices (RAD), the north American master distributor for SMP Robotics and a competitor in the 2017 ‘ASTORS’ Homeland Security Awards, has announced its acquisition by On the Move Systems.
The merger with OMVS allows RAD access to capital to scale its product portfolio and help further increase its market position as a leader in the robotic guard market.
As the demand for robotic security guards continues to grow at a rapid rate, RAD will be ideally positioned to deliver customized services and solutions to its broad client base across North America.
“Over the past year, we’ve built significant momentum in the security and robotics markets and our alliance with OMVS demonstrates the next evolution of our business strategy,” said Steve Reinharz, President and CEO, RAD.
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“With our combined teams, we are able to deliver more innovative solutions that provide our customers and partners with an incredible advantage in their respective markets.”
“Steve and his team have successfully built a company focused on their mission of delivering results to the security and guarding industries,” said Garrett Parsons, CEO, OMVS.
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“Now, with this merger, they will be able to take that mission to the next level expanding the reach of the security guard robot and creating a shift in the way guarding companies do business.”
RAD’s security robots serve as a force multiplier and remove security personnel from potentially dangerous situations, reducing liability for organizations that deploy the security guard robot.
Additionally, the robotic guard costs approximately 50 percent less per hour than traditional guards, resulting in significant long-term savings.
