Alpha Modus Holdings (AMOD) said Thursday its partner CashX has started the deployment of financial kiosks in supermarkets beginning in California and Colorado.
Deployment of the kiosks is planned for about 10,000 locations, the company said, adding the project is expected to generate $75 million in annual advertising revenue for Alpha Modus.
The first kiosks are already operational, and the integration of Alpha Modus's AI technology into the kiosks is scheduled to begin in H2.
These AI-powered kiosks provide fraud-resistant financial transactions, enhancing consumer engagement and profitability in high-traffic retail environments, according to the company.
Alpha Modus shares surged 136% in recent trading.
Price: 4.32, Change: +2.49, Percent Change: +136.07
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