NetworkNewsBreaks – Patriot One Technologies, In
Post# of 25
(Total Views: 402)
Posted On: 11/14/2017 6:13:49 PM
NetworkNewsBreaks – Patriot One Technologies, Inc. (TSX.V: PAT) (OTCQB: PTOTF) Closes $11.5M Financing; Fast-tracks Expansion & Development Plans
Patriot One Technologies, Inc. (TSX.V: PAT) (OTCQB: PTOTF) this morning said it has closed on the previously announced $10 million financing with a syndicate of underwriters led by Canaccord Genuity Corp. The financing increased to $11.5 million in gross proceeds to the company at the time of closing. The company also announced the addition of two PhD engineers to run the company’s new London Development center. Additionally, the financing supports research to develop future technology such as mobile applications including wearable devices for police officers. “These funds will not only enable us to increase our base of scientific knowledge with our two new team members, but also makes Patriot One the only company in the security technology space with six of the leading global experts in microwave radar and weapons detection technologies,” Patriot One CTO Dinesh Kandanchatha stated in the news release.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Patriot One Technologies, Inc. (TSX.V: PAT) (OTCQB: PTOTF) this morning said it has closed on the previously announced $10 million financing with a syndicate of underwriters led by Canaccord Genuity Corp. The financing increased to $11.5 million in gross proceeds to the company at the time of closing. The company also announced the addition of two PhD engineers to run the company’s new London Development center. Additionally, the financing supports research to develop future technology such as mobile applications including wearable devices for police officers. “These funds will not only enable us to increase our base of scientific knowledge with our two new team members, but also makes Patriot One the only company in the security technology space with six of the leading global experts in microwave radar and weapons detection technologies,” Patriot One CTO Dinesh Kandanchatha stated in the news release.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
(0)
(0)Xtract One Technologies Inc (XTRAF) Stock Research Links
Scroll down for more posts ▼