Patriot One is a technology company that has developed “Cognitive Microwave Radar” which detects concealed weapons from parking lots to buildings.
Cisco is a $206 billion company with 2017 revenues of $50 billion. Its 75,000 employees operate in 165 countries around the world – from Algeria to Ukraine – developing communication and IT products.
As well as making a shit-tonne of money, Cisco is famous for its innovation programs “reaching out across industries, building partnerships with former and current competitors.”
The program will catalyse co-innovation for the integration of Patriot One’s PATSCAN threat detection solutions alongside Cisco security and network solutions.
- Framework architecture
- Installation protocols
- Data management
We try to love all our clients the same.
But like most parents of a big family, if you get us liquored up – we may confess to having to a favourite.
We have been tracking PAT for two years, writing 24 articles including;
- December 20, 2016 PAT signs on Homeland Security Boss
- February 22, 2017 PAT expands its proprietary database of weapons “signatures”
- March 15, 2017 PAT signs a deal with University of North Dakota for a pilot study
- May 15, 2018 PAT goes to Washington
- June 27, 2018 PAT is turning me into a love sick fool
- September 12, 2018 PAT biz model makes more and more sense
- October 12, 2018 PAT share price spiking
As PAT gets closer to a commercial roll-out, the stock is becoming de-risked.
The proposed joint-project is aimed at the development of integrated threat detection and security solutions with end-clients.
Patriot One will acquire access to Cisco’s global network, potentially multiplying deployment of its PATSCAN family of threat detection solutions.
“The innovation program with Cisco Systems will accelerate our efforts to bring much needed threat detection solutions to the marketplace,” stated Martin Cronin, CEO and President of Patriot One, “playing a key part in our mission to be the foremost proponent and provider of innovative threat detection and counter terrorism solutions.”
Patriot One’s partnership with Cisco has already begun.
Engineers from both companies have been reviewing the PATSCAN threat detection solutions and evaluating ways to advance framework architecture and data management.
In addition, last week, Patriot One engineers joined other Cisco partners to showcase the company’s PATSCAN family of threat detection solutions to Cisco’s largest clients and partners.
Recently, ABC affiliate KTNV Channel 13 Las Vegas, did a feature news piece on PAT’s weapons-detection technology.
“After months of testing and development inside the Westgate Hotel and Casino, employees from Patriot 1 Technologies were busy Tuesday demonstrating several products aimed at helping police and security identify potential threats,” stated KTNV.
According to an article in the Washington Post, “there are more than 393 million civilian-owned firearms in the United States – enough for every man, woman and child to own one and still have 67 million guns left over.”
A September 12, 2018 Amnesty International Report made the remarkable assertion that “gun violence in the United States is a human rights crisis.”
Recently, investors have started to figure out that PAT’s technology is not dependent on an on-going parade of gun massacres.
PAT is exploring expanding their technology application to provide weapons detection protection for private home owners.
PAT’s “family concept” explodes the market for their technology from commercial – to retail.
“Our motto is also our goal,” stated Patriot One CEO Martin Cronin in our first interview, “We aim to deter, detect and defend against random acts of senseless violence anywhere innocent people work, live, and play.”
A good example of Cisco’s innovation project is the partnership with Microsoft (MSFT.NASDAQ) creating the Open Fog Consortium which bridges the gap between the cloud and “things at the very edge” – including autonomous driving.
The partnership between Cisco and Patriot One aims to assist effective commercial deployment of the PATSCAN family of threat detection solutions.
Full Disclosure: Patriot One is an Equity Guru marketing client, and we own stock.