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Artificial Intelligence Tech Solutions (AITX)
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for Thu, Mar 13th, 2025
Airtrax Inc. was incorporated in the State of New Jersey on April 17, 1997. On May 19, 1997, The Company entered into a merger agreement with a predecessor company that was incorporated on May 10, 1995. Airtrax Inc. was the surviving company in the merger. Airtrax is a development stage company that has developed an omni-directional wheel technology to be used for various commercial applications. This technology is featured in the Company's SIDEWINDER ATX-3000 Omni-Directional lift truck. Other specialty forklifts that are multi-directional sell for $42,000 and more, and vehicles that are considered to have very narrow aisles, are priced from $75,000 and above per unit. As of December 31, 2003, Airtrax Inc. has three full time employees, which includes the Company's President, three part time employees, and hires the services of consultants from time to time.