|Bid||0.9300 x 0|
|Ask||0.9500 x 0|
|Day's Range||0.9300 - 1.0100|
|52 Week Range||0.5100 - 2.0200|
|Beta (5Y Monthly)||1.01|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.15|
Ginter Electrical Expands Installations of Multi-Sensor Threat Detection Platform in OhioTORONTO, July 29, 2020 (GLOBE NEWSWIRE) -- Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) (“Patriot One” or the “Company”), developer of the PATSCAN™ Multi-Sensor Covert Threat Detection Platform, is pleased to announce the upcoming deployment of its PATSCAN Platform to integrator/reseller partner Ginter Electrical Contractors, LLC (“Ginter Electrical”) of Cincinnati, OH and the City of Cincinnati. “Working with Ginter Electrical and the City of Cincinnati to deploy our PATSCAN Platform in select government venues is a great opportunity to demonstrate how private industry and government can work together to ensure the public’s safety,” said Martin Cronin, Patriot One CEO. “We’re excited to deliver our covert threat detection solution that is not only focused on saving lives but saving a way of life that the city’s employees, residents and visitors have come to expect since its establishment in December 1788.”Five (5) PATSCAN Multi-Sensor Covert Threat Detection Platforms were shipped this week to Ginter Electrical in Cincinnati, Ohio, where they will be joined by Patriot One engineers and City of Cincinnati Facilities and Law Enforcement representatives to begin deployment of the platforms at select city facilities. Specific locations will not be disclosed.“City of Cincinnati officials have been closely following our efforts on the PATSCAN Platform deployment with the Cincinnati Reds Major League Baseball organization,” shared T.J. Dooley, Ginter Electricals’ Systems Integration Manager. “Following successful demonstration of the solution at the Reds’ undisclosed location, city management and law enforcement began to discuss plans for some initial deployments in select city buildings. We’re now ready to begin these deployments.”“We pride ourselves on being a forward thinking, innovative Midwest city; always looking for ways to enrich our residents’ and visitors’ lives, while keeping them safe,” shared Interim City Manager Paula Boggs Muething. “I am proud to be part of a nationwide group against gun violence, as we continue our own efforts to develop Cincinnati as a smart, safe city with safer, healthy communities. Bringing solutions like the PATSCAN Threat Detection Platform will help us achieve this goal. What started with our home team, the Cincinnati Reds at Great American Ball Park, will now expand across our great city. As it spreads across our state and nation, we can take pride in the fact that Cincinnati played a leading role.”Following the deployment of the initial five (5) PATSCAN Platforms, Patriot One and Ginter Electrical will work with the city officials on broadening deployment of the solution throughout other city facilities, as well as with other Ginter Electrical clients who have expressed interest in the multi-sensor threat detection platform.Respectfully“Martin Cronin”Martin Cronin, CEOAbout Patriot One Technologies Inc. (TSX:PAT) (OTCQX: PTOTF) (FRA: 0PL):Patriot Ones' mission is to deliver innovative threat detection and counter-terrorism solutions for safer communities. Our PATSCAN™ Multi-Sensor Covert Threat Detection Platform provides a network of advanced sensor technologies with powerful next generation AI/machine learning software. The network can be covertly deployed from far perimeter to interiors across multiple weapons-restricted facilities. The PATSCAN™ platform identifies and reports threats wherever required; car park, building approach, employee & public entryways and inside the facilities. Each solution in the platform identifies weapons, related threats or disturbances, or potential health and safety threats for immediate security response. Our motto Deter, Detect and Defend is based on the belief that widespread use of the PATSCAN™ platform will act as an effective deterrent to diminish the epidemic of active threats around the globe. For more information, visit: www.patriot1tech.com or follow us on Twitter and Facebook.About Ginter Electrical Contractors: Since 1998, Ginter Electrical has been providing high-quality, reliable commercial systems integration in the Greater Cincinnati/Tri-State area. As one of the most reliable and professional electrical contracting firms in the area, Ginter Electrical can provide full-service end-to-end, electrical solutions for all kinds of power systems. The company’s highly trained, high quality work force has over 200 years of combined electrical experience and is committed to providing its clients with the most comprehensive and efficient electrical and security solutions available, at a competitive price. As a family owned and operated company, we are proud of the high-quality workmanship we provide our friends and associates in the Greater Cincinnati area. To learn more, visit ginterelectric.com.For further information, please contact: Patriot One Technologies Inquiries firstname.lastname@example.org www.patriot1tech.comInvestor Relations John Martin, Patriot One Technologies +1 (888) 728-1332 email@example.comMedia Contacts: Scott Ledingham, Patriot One Technologies +1-613-806-7135 firstname.lastname@example.orgCAUTIONARY DISCLAIMER STATEMENT: No securities exchange has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release. This news release contains forward-looking statements relating to system sales, product development, licensing, commercialization and regulatory compliance issues and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects”,” believes”, and similar expressions. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include counterparty default and other risks detailed from time to time in the filings made by the Company with securities regulations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.Neither the Toronto Stock Exchange (TSX) nor its Regulation Services Provider (as that term is defined in policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.
The Company secured up to $4.5 million (CAD) in co-investment funding under a two-stage program that includes development and deployment of (i) a thermal screening module that highlights persons presenting with elevated temperatures in real-time, using commodity-priced thermal cameras, (ii) additional computer modules that detect the presence or non-presence of medical and non-medical masks and face coverings, and the ability to highlight persons and problem areas where social distance requirements are not being maintained, and (iii) cross-location temperature monitoring to help the prediction of future outbreaks based on the overall trending and the combination of quantifiable indicators. Stage One comprises up to $2.25 million in investment to demonstrate the development of the modules over a four to six-month timeframe with on-site deployments with five or more co-development customers.
Together, Patriot One, LAFC and Banc of California Stadium will form “The Stadium & Event Safety Strategic Alliance,” which will utilize groundbreaking security technology to turn Banc of California Stadium into a global showcase venue to advance the vision of safety and security for public gathering spaces. “The objective of ‘The Stadium & Event Safety Strategic Alliance’ is to establish a consortium of professional sports, and stadium security professionals to evaluate and pilot new physical security technologies, including those focused on health and safety due to the recent COVID-19 pandemic and shutdown,” explained Phil Lancaster, SVP of Business Development & Government Relations.
Patriot One Technologies Inc.’s (PAT.TO) (PTOTF) (0PL.F) wholly-owned subsidiary Xtract Technologies Inc (“Xtract AI”) is pleased to announce it has secured a $150,000CAD grant with Health Canada via the Innovative Solutions Canada program to utilize artificial intelligence in a bid to increase the success rate of organ donation, as well as the success rate of transplantations within Canada. The “Deep Learning for Enhancing Organ Donation Rates” project looks to solve the problem that donation and transplantation success rates have not kept up with an increasing number of donors over the years.
Patriot One Technologies Inc.’s (PAT.TO) (PTOTF) (0PL.F) wholly-owned subsidiary Xtract Technologies (“Xtract AI”) is collaborating with Amazon Web Services (AWS), Vancouver General Hospital (VGH), the University of British Columbia (UBC), and SapienML among others in the development of an Artificial Intelligence (AI) solution to help radiologists identify the increased risk of the COVID-19 virus. The project is being led by Dr. Savvas Nicolaou and Dr. William Parker and is supported by the UBC Community Health and Wellbeing Cloud Innovation Center (UBC-CIC), powered by Amazon Web Services (AWS).
Patriot One Technologies Inc.’s (PAT.TO) (PTOTF) (0PL.F) wholly-owned subsidiary Xtract Technologies (“Xtract AI”) is pleased to announce it has secured a $199,000CAD contract with Canada’s Department of National Defence through the Public Works and Government Services Canada Division, as part of the Innovation for Defence Excellence and Security (IDEaS) Program. Operating covertly is key for Army operations and the “Now you see me, now you don’t” project is looking for solutions to actively modify the visual and infrared signatures (the pattern emitted by an object) of Army platforms in order to decrease detectability. Xtract AI proposes to leverage recent advances in deep learning and computer vision, along with novel deep learning technology to develop a system capable of assessing the efficacy of any existing or developed adaptive and multi-spectral concealment and camouflage technologies or materials.
Patriot One Technologies Inc.’s (PAT.TO) (PTOTF) (0PL.F) wholly-owned subsidiary Xtract Technologies (“Xtract AI”) is pleased to announce it has secured a $157,000 contract with Canada’s Department of National Defence through the Public Works and Government Services Canada Division, as part of the Innovative Solutions Canada Program (ISC). The contract is for a project looking to provide better situational awareness for Canadian firefighters. The outcome will be a solution that will provide innovative devices, applications, personal protective equipment and technology to help firefighters work in a more Head Up Hands Free (HU/HF) mode of operation on the fire ground.
This investment is proposed to fund the advanced development and deployment of the PATSCAN VRS health and safety detection modules for thermal elevated body temperature, facial mask screening, social distancing and contact tracing (the “Health & Safety Modules”) as part of the Company’s suite of video object recognition solutions. The co-investment is subject to the completion of a definitive contract, which proposes to release funding under a two-stage approach to develop and deploy (a) a thermal screening module that highlights persons presenting with elevated temperatures in real-time, using commodity-priced thermal cameras, (b) additional computer modules that detect the presence or non-presence of medical and non-medical masks and face coverings, and the ability to highlight persons and problem areas where social distance requirements are not being maintained, and (c) cross-location monitoring and prediction of future outbreaks based on the overall trending of a combination of quantifiable indicators.
The NVIDIA Metropolis platform allows companies to create complete solutions for video capture, processing, storage, and visualization – from the edge to the cloud. The certified software, once deployed in the field, makes it hassle-free for companies to manage and upgrade software easily and scale out their IVA solutions everywhere.
Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Mr. Wennemer will begin his role on Monday the 13th of April 2020 at the Company’s Toronto Headquarters, and be responsible for leading the product development and operations efforts. Mr. Wennemer will report to the Company’s CEO Martin Cronin, who will focus his efforts in corporate and business development, as well as investor and external communications.
TORONTO, March 09, 2020 -- Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) (“Patriot One” or the “Company”), is pleased to announce it has been awarded.
Lea M. Ray is a Chartered Professional Accountant ("CPA") and brings with her a great deal of corporate leadership and financial management experience. Lea is a seasoned board member who serves on multiple boards for public, private and not-for-profit organizations in leadership roles, including chair of audit committees for several TSX listed companies.
Xtract Technologies Inc. (“Xtract.ai”), a subsidiary of Patriot One Technologies Inc. (PAT.TO) (PTOTF) (0PL.F), is pleased to announce it has secured a $975,000CAD Contract with Canada’s Department of National Defense through the Public Works and Government Services Canada Division. The contract is for a project related to improving situational awareness for the Canadian Armed Forces (“CAF”) and security personnel using video analytics, artificial intelligence and augmented reality.
The contract will include the purchase, deployment and evaluation of the PATSCAN Multi-Sensor Covert Threat Detection Platform with the Royal Canadian Navy (RCN), who will evaluate and learn how to deploy the Platform for personnel and asset protection at ports of call around the world.
TORONTO, Jan. 23, 2020 -- Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) (“Patriot One” or the “Company”), developer of the PATSCAN™ Multi-Sensor.
The 16-minute video features Patriot One’s CEO and President Martin Cronin, as he outlines the successes and challenges his team faced during 2019 and presents a solid outlook on the company’s overall goals and objectives for 2020. In other news, members of Patriot One’s team are live demonstrating the PATSCAN Platform this week with clients and media in Las Vegas during the 2020 Consumer Electronic Show (CES).
TORONTO, Dec. 17, 2019 -- Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) (“Patriot One” or the “Company”), developer of the PATSCAN™ Multi-Sensor.
William Maginas is an accomplished Senior Executive and Thought Leader with more than 20 years of success across the commercial building, construction, technology, security, energy, and environmental solutions industries. Leveraging extensive experience in strategic direction, innovative business models, operational guidance, growth, sales, account management, and financial success, he is a tremendously valuable advisor for an organization going through large-scale evolution.
We'd be surprised if Patriot One Technologies Inc. (TSE:PAT) shareholders haven't noticed that the Senior Vice...
Patriot One Technologies Inc. (PAT.TO) (PTOTF) (0PL.F) (“Patriot One” or the “Company”) announces results of voting on all resolutions presented to its annual general meeting of shareholders held on November 5, 2019 (the “Meeting”). A total of 11,726,810 common shares, or 7.85% of the 149,468,819 issued and outstanding common shares of the Company as-at the record date of the Meeting, were voted at the Meeting in person or by proxy. Pursuant to, and in accordance with, the terms of the Company’s Majority Voting Policy, Scott Shepherd resigned as a director of the Company immediately following the meeting.
Patriot One Technologies Inc. (PAT.TO) (PTOTF) (0PL.F) (“Patriot One” or the “Company”), developer of the PATSCAN™ Multi-Sensor Covert Threat Detection Platform, will officially announce a new officer safety initiative at the 2019 International Association of Chiefs of Police (IACP) Conference in Chicago, Illinois at the McCormick Place Convention Center. In addition to demonstrating the PATSCAN Platform at its booth #3950, the Company will introduce and demonstrate its new PATSCAN VRS-M (Mobile) concept.
Patriot One Technologies Inc. (PAT.TO) (PTOTF) (0PL.F) (“Patriot One” or the “Company”), developer of the PATSCAN™ Multi-Sensor Covert Threat Detection Platform, is pleased to announce the sale of its PATSCAN Multi-Sensor Covert Threat Detection Platform with its security system to integrator/reseller partner Ginter Electrical Contractors, LLC (“Ginter Electrical”) of Cincinnati, OH and Major League Baseball franchise, the Cincinnati Reds.
Vancouver, British Columbia--(Newsfile Corp. - October 17, 2019) - On national TV Sat. Oct. 19 & Sun. Oct. 20, 2019 - As responsible investing becomes more top of mind, BTV- Business Television delves into companies advancing in AI as well as ESG - Environmental, Social and Governance.Click company name to watch their feature:Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF) - BTV learns how this company is using their superior technology to aid ...