Xtract AI News

Patriot One Technologies Acquires Artificial Intelligence Company XTRACT Technologies

Patriot One Technologies Inc., developer of the PATSCAN Multi-Sensor Covert Weapon Detection Platform, is pleased to announce the acquisition of XTRACT Technologies Inc. and all its related interests, assets, and intellectual property for consideration of $6,000,000 and the issuance of 9,422,956 Patriot One common to XTRACT's former shareholders. Subject to certain exceptions based on the business of the Company or the performance of the Company's common share price, the Consideration Shares wi...