Patriot One Technologies Inc.

Patriot One has developed PATSCAN CMR, the next generation of its award-winning radar device and software solution. PATSCAN CMR is a first-of-its-kind Cognitive Microwave Radar concealed weapons detection system, designed as an effective tool to combat active shooter threats before they occur.

Expert Comments:

This move is a key differentiator for future development of the Canadian company's platform.
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After combining the two solutions, the resulting product will be rolled out to existing U.S. clients.
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The initial goal is to enhance the one firm's existing security products through the use of artificial intelligence technology.
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As a result, the firm adds a fourth sensory component to its scanning platform.
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The company continues to expand its sales network throughout the Americas, Europe, Africa, Asia and the Middle East.
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This represents the company's transition to the next product development phase.
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This move comes less than two and a half years after the Vancouver-based company debuted on the smaller venture exchange.
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With this strategic move, the company gains financial support to further develop its pipeline.
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Clive Maund,

"The news that Patriot One Technologies Inc. will be backed by Raytheon Canada with CA$3M in nondilutive cash financing is regarded as a watershed moment for the company. Raytheon, as many of you will be aware, is a big powerful company, and its backing of Patriot One should really get the ball rolling. . .the news makes it likely that it will break out upside from the potential double top that has formed."

Doug Taylor, Canaccord Genuity

"Patriot One Technologies Inc. announced a joint venture with Nano-Bio Detection Systems to commercialize a technology for detecting explosive, bio/chemical and other illicit materials. The deal is relatively small (US$3M) but on point with Patriot's strategy to become a platform offering multiple threat detection sensor technologies."

Alex Koyfman, Penny Stock Millionaire

"On Wednesday, Patriot One Technologies Inc. made what I believe is its most important press release this year, stating that it had been invited to partner with Cisco Systems on its global innovation program; the partnership aims to assist effective commercial deployment of the PATSCAN family of threat detection solutions. Cisco Systems' innovation program includes a variety of engagement opportunities."

Alex Koyfman, Penny Stock Millionaire

"When shares of Patriot One Technologies Inc. blew up on both exchanges by as much as 48%, the Canadian regulators were quick to notice, requesting that the company issue a statement commenting on the bizarre trading patterns. . .as you may already know, Patriot One attended the International Association of Chiefs of Police conference in Orlando earlier this week; present as a guest speaker was President Trump, making the event an especially high-profile occasion."

Alex Koyfman, First Call

"Patriot One Technologies Inc.'s rally continues. And one of the driving forces behind it, this week at least, was the company's presence at the International Association of Chiefs of Police conference in Orlando, Fla. . .for Patriot One, this provided a valuable opportunity to showcase its technology and communicate with members of the law enforcement community."

Alex Koyfman, Penny Stock Millionaire

"We're still waiting for the other shoe to drop for Patriot One Technologies Inc., as promised by Martin Cronin in his letter to the shareholders. So even though our upside on these later buys may be diminished, it's all still just set-up for the big push later this year."

More Expert Comments

Experts Following This Company

headshot of Daniel Carlson
Daniel Carlson, Partner – Tailwinds Research
Alex Koyfman, Newsletter Writer – First Call
Clive Maund –

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