12:36 PM EST - Patriot One Technologies Inc. : The company's wholly-owned subsidiary Xtract Technologies announced 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. The outcome will be a solution that will provide innovative devices, applications, personal protective equipment and technology to help firefighters work in a more Head Up Hands Free (HU/HF) mode of operation on the fire ground. “We’re tremendously excited to be working on this project and thank the Innovative Solutions Canada Program (ISC) for selecting us,” expresses Martin Cronin, CEO of Patriot One. “Xtract AI’s knowledge of artificial intelligence, and data and video analysis are an ideal match for this challenge, and we relish the opportunity to put these into a solution that will assist Canadian firefighters in being better informed, more efficient and, ultimately, safer.” Patriot One Technologies Inc.
shares T.PAT are trading up 12 cents at $0.95.
