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Patriot One Technologies (TSX:PAT) expands partnership with Oak View Group

Defence, Technology
TSX:PAT
08 November 2022 09:30 (EDT)

Source: Patriot One Technologies.

Patriot One (PAT) will secure Connecticut’s Total Mortgage Arena under its Oak View Group partnership.

Oak View is a global venue development, advisory and investment company for the sports and live entertainment industry. It operates Total Mortgage Arena under its OVG360 division.

Patriot One will secure entrances to the 10,000-seat arena with its SmartGateway screening solution.

SmartGateway uses AI sensors to scan customers upon entry for guns, knives and other potential weapons without the need to remove personal items from pockets. The system enables entry up to 10 times faster than existing solutions.

Total Mortgage is home to the New York Islanders AHL team, the Bridgeport Islanders. In addition to sporting events, it also hosts musical acts and touring shows.

The partnership between Patriot One and Oak View Group made the deal seamless – SmartGateway was already validated as a best-in-class technology solution, and we were able to observe the solution in action at other venues,” said Joe Dolan, General Manager of Total Mortgage Arena. “Additionally, the solution is flexible enough to be the perfect fit for all the different events we host at the arena.”

“Our partnership with Oak View Group made this a very simple deal to sign and an easier process for all involved,” added Peter Evans, CEO of Patriot One. “We’re looking forward to providing our fast, frictionless solution to more arenas within Oak View Group – as well as casinos, schools, factories and other places where people gather.”

Patriot One Technologies makes unobtrusive, AI-driven weapons- and threat-detection systems.

Patriot One (PAT) opened with a gain of 1.72 per cent, trading at $0.59 per share.


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