Patriot One Technologies Inc.

Patriot One Technologies Inc.

PAT.TO
Patriot One Technologies Inc.CA flagToronto Stock Exchange
0.59
CAD
+0.02
- -
Patriot One Technologies Inc.
PAT.TO
(Toronto Stock Exchange)

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0.59

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Business
Patriot One Technologies Inc. (TSX-V: PAT) develops and commercializes AI-powered threat detection and security screening solutions that replace traditional metal detectors with touchless, frictionless systems for venues, schools, healthcare facilities, stadiums, arenas, casinos and other high-traffic locations. The company offers core products including SmartGateway and SafeGateway for concealed weapons detection of guns, knives and prohibited items using multi-sensor AI platforms without disrupting patron flow; Xtract One View, a cloud-based management system for remote oversight, analytics and configuration of gateway deployments across multiple sites; and AI-driven video recognition software for real-time threat identification inside and outside facilities. These solutions operate through the Platform segment focused on threat detection gateways and the Xtract segment providing advanced AI applications, targeting North American and international markets including the United States, Canada, United Kingdom and others with primary revenue from the U.S.. Founded in 2016 and headquartered in Toronto, Ontario, the company--formerly operating under its current branding prior to a 2022 rebrand to Xtract One Technologies Inc. (TSX: XTRA)--maintains development centers in Canada and pursues global expansion.. Recent developments include a December 2025 deployment with Nova Scotia Health to enhance patient and staff safety amid rising violence, expanding into Canadian healthcare; a May 2025 master supply agreement with a global media and entertainment organization designating SmartGateway for worldwide deployments; $15.4 million in U.S. school district contracts, such as Volusia County, targeting 48 Gateway systems by 2026; a June 2025 $7 million bought-deal public offering to fund growth; and a $36.5 million combined backlog and pending orders as of mid-2025, reflecting scaled commercialization across education, sports and healthcare sectors with 57% gross margins..