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Patriot One Technologies enters into agreement to provide security technology to US customer

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August 2, 2022
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By Adriano Marchese

Shares of Patriot One Technologies Inc. were higher Tuesday morning after the company said it had been selected to provide its safety technology at three U.S. manufacturing facilities of an unnamed automaker.

At 10:38 a.m. ET, shares were trading 19% higher at C$0.56.

The Canadian security systems developer said it will deploy its SmartGateway control system which will scan all employees and workers for possible weapons at facility entrances.

Patriot One did not provide any details about the value of the deal.

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Write Adriano Marchese at adriano.marchese@wsj.com



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