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Patriot One (TSX:PAT) signs deal with large U.S. auto manufacturer

Defence, Technology
TSX:PAT
02 August 2022 10:30 (EDT)

Source: Patriot One Technologies.

Patriot One (PAT) has been contracted to protect employee entrances for a large U.S. auto manufacturer.

The client reached out to the company to address a weapons incident over a year ago.

The agreement covers three manufacturing facilities, which Patriot will equip with its
AI-powered SmartGateway screening solution to unobtrusively scan for guns, knives and other weapons.

The solution offers a greater degree of safety and efficiency compared to traditional metal detectors and is currently used by stadiums, casinos and other entertainment venues to protect patrons from the risk of mass casualty events.

“With the need for increased security in an increasingly insecure world, shift productivity delays are inevitable with traditional screening methods,” said Peter Evans, CEO of Patriot One. “This is the classic trade-off and conflict of efficiency versus security. SmartGateway is designed to address this conundrum and enhance both security and efficiency – in this case – ensuring shift-change efficiency with no production delays due to new security procedures.”

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

Patriot One (PAT) is up by 18.28 per cent trading at $0.55 per share as of 10:11 am EST.


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