Get the Latest Investment Ideas Delivered Straight to Your Inbox. Subscribe

News Update

TICKERS: PAT; PTOTF

Threat Detection Firm Joins Football Club and Stadium to Create Strategic Safety Alliance
News Update

Share on Stocktwits

Source:

Patriot One Technologies reported that it is teaming up with Los Angeles F.C. and Banc of California Stadium to form "The Stadium & Event Safety Strategic Alliance."

soccer stadium

In a news release, Patriot One Technologies Inc. (PAT:TSX; PTOTF:OTCQX) announced that it has formed an expanded innovative partnership with the Los Angeles Football Club (LAFC) and Banc of California Stadium to provide enhanced security and arena safety at Banc of California Stadium.

Patriot One advised that together with the LAFC and Banc of California Stadium, it will form "The Stadium & Event Safety Strategic Alliance," which will employ leading edge 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 company's SVP of Business Development & Government Relations Phil Lancaster remarked, "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 Covid19 pandemic and shutdown...The Group will also invite thought leaders within the Event and Professional Sports safety and security space to participate and discuss ways in which these new innovations can help shape the future of large-scale events, while mitigating acts of terrorism, active shooters, and viral and contagious threats."

Christian Lau, Chief Technology Officer for LAFC and Banc of California Stadium, commented, "We're excited to participate in the creation of this new strategic Alliance...Our venue in the heart of Los Angeles will become the center for new and innovative physical and health threat identification and detection technologies and we are looking forward to facilitating direct collaboration with other venues and teams around the world."

The company stated that beginning in June 2020, it will implement its PATSCAN Multi-Sensor Threat Detection Platform modules at Banc of California Stadium and also plans to deploy its latest health and safety threat identification and detection modules called "PATSCAN VRS-T Thermal Elevated Body Temperature" and "PATSCAN VRS-HS Facial Mask Detection" modules over this same period.

Patriot One Technologies is a provider of innovative threat detection and counter-terrorism solutions to aid in making communities safer. The company stated that its PATSCAN™ Multi-Sensor Covert Threat Detection Platform "provides a network of advanced sensor technologies with powerful next generation AI/machine learning software." The firm indicated that its PATSCAN™ platform will help in effectively deterring and diminishing active threats globally.

The LAFC is a member of Major League Soccer, which plays its games in the U.S. and Canada. LAFC states it is highly invested in building and developing the 22,000 seat Banc of California Stadium and a state-of-the-art training center on the campus of Cal State Los Angeles.

Banc of California Stadium has a 22,000-seat capacity and is the first new open-air stadium to be built in Los Angeles since 1962. The stadium serves as a test model facility for many partners and technology firms who are developing design ideas and concepts than can be incorporated in the construction of other stadiums and venues throughout the world.

[NLINSERT]

Disclosure:
1) Stephen Hytha compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. He or members of his household own securities of the following companies mentioned in the article: None. He or members of his household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Patriot One Technologies. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Patriot One Technologies, a company mentioned in this article.





Want to read more about Special Situations and Technology investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe