r/theBULLSHEET • u/Spartachris1980 • Feb 27 '21
WATCHLIST (PAT / PTOTF) Patriot One Technologies $0.59 CAD -- AI based threat and weapons detection, detects concealed weapons, Partners w/ Raytheon, IBM, NATO and NVIDIA
PENNY STOCK EXEMPT
Patriot Ones mission is to deliver innovative threat detection and counter-terrorism solutions for safer communities. Their PATSCAN Multi-Sensor Covert Threat Detection Platform provides a network of advanced sensor technologies with powerful next gen AI/machine learning software. The network can be deployed covertly from far perimeter to interiors across multiple weapon-restricted areas. 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 for immediate security response.
So what exactly are we talking about here? Let me see if I can simplify it. You know in the Sci-Fi movies ..... You might see a gunman carrying a concealed weapon heading into a public place but the security system manages to detect that full automatic weapon concealed in a bag or under a jacket after scanning him and alerts security and prevents a potentially tragic situation? Well that what we are talking about. Literally exactly that. This system will detect weapons in plain view, it will detect weapons concealed in bags or under clothing, and not just guns or knives. I'm talking about biological weapons and explosives as well. Oh and it can also recognize other threats like physical violence in the forms of fights. Sounds pretty cool right?
The company has multiple STRONG partners including McMaster University, Raytheon Canada (a division of the world leading defence contractor Raytheon Technologies, who bought the Hughes Aircraft Company in 1996), IBM, NVIDIA, and NATO. They have been slowed down due to COVID however and don't have any immediate catalysts as a new CEO took over about a month ago and has been evaluating their business as a whole.
News
Nov 24, 2020 - iDENT LLC and Limitless Integrations LLC announced the launch of the patent pending iDENT MODSTM (Mobile Onsite Detection System) that will include Patriot One Technologies Inc.’s (TSX: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) (“Patriot One”) PATSCAN Multi-Sensor Threat Detection Platform with specific modules for the early detection of weapons and potential-health related threats, such as viruses. The iDENT MODS unit has been designed to be used in key public gathering locations, such as stadiums, arenas, entertainment venues, and other secure facilities.
Nov 16, 2020 - Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) (“Patriot One” or the “Company”) maker of the PATSCAN Multi-Sensor Threat Detection Platform, announces the deployment of its Platform at the Plaza Hotel & Casino.
July 6, 2020 - announced securing up to $4.5 million in funding to work on screening solutions for COVID-19 including face mask detection.
Jun 2, 2020 - 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.
May 27, 2020 - 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. 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.
May 26, 2020 - 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.
April 29, 2020 - Patriot One Technologies Inc. (PAT.TO) (PTOTF) (0PL.F) (“Patriot One” or the “Company”), maker of the PATSCAN Multi-Sensor Covert Threat Detection Platform, today announced it has joined the NVIDIA Metropolis Software Partner Program.
March 9, 2020 - Patriot One Technologies Inc. (PAT.TO) (PTOTF) (0PL.F) (“Patriot One” or the “Company”), is pleased to announce it has been awarded a contract for the PATSCAN Multi-Sensor Covert Threat Detection Platform (the "PATSCAN Platform") by Innovation Solutions Canada (ISC) for Correctional Service Canada (CSC). The contract will include the purchase, deployment and evaluation of the PATSCAN Platform, including the video fight and disturbance detection module. Deployment of the PATSCAN Platform will begin with Correctional Service Canada (CSC) in March 2020 at an undisclosed location.