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Bullboard - Stock Discussion Forum Xtract One Technologies Inc. T.XTRA

Alternate Symbol(s):  XTRAF | T.XTRA.WT

Xtract One Technologies Inc. is a Canada-based technology-driven threat detection and security solution provider, leveraging artificial intelligence (AI) to provide secure patron access control experiences. The Company's segments include Platform and Xtract. The Platform segment develops and commercializes a platform of AI-powered threat detection technologies. The Xtract segment develops and... see more

TSX:XTRA - Post Discussion

Xtract One Technologies Inc. > Non-dilutive funding from RAYTHEON
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Post by vezmic1 on Feb 07, 2022 8:37am

Non-dilutive funding from RAYTHEON

It's very true and well known tha Raytheon did give PAT 2mil (USD) in non-dilutive funding (so far), its important to not forget that.  And that was WAY before the independent 3rd party findings that placed PAT at the Top-of-the-Field.

...and before PAT got selected to protect the US Federal Government's own Office of the Inspector General! - probably a coincidence.

I wonder if there might be more non-dilutive funding comming down the pipe?  Especially if RAYTHEON decides to make use of its... close... confortable.. 'relationship'... with the US government.  

...then again ...two mill is nothing for a WHALE like RAYTHEON.  They probably spend more on pancake breakfasts' for the staff.
Comment by mrpancake on Feb 07, 2022 9:11am
"And that was WAY before the independent 3rd party findings that placed PAT at the Top-of-the-Field."     If that were true, Patriot One would be selling millions of dollars of PATSCAN product. Why continue to refer to the MSG product as a more or less pet project. In other words if the product is so spectacular why write this in the shelf prospectus “the Company ...more  
Comment by AndyKruth on Feb 07, 2022 9:38am
But wasn't that also because of a demand from Canadian goverment that Raytheon had to "give" money to another company to get the oroginal order?
Comment by Jahpatriot on Feb 07, 2022 6:00pm
@AndyKruth: Andy, that maybe true but the fact is that they chose Pat over many other companies. They chose to give their money to a company that is aligned with them technologically and has an actual product/s that works.
Comment by beastcoastOG on Feb 08, 2022 10:40am
Jah  They don't pick and choose. Do you honestly believe that they go out of their way to give to Salmon farms and Shrimp companies in Saudi ?  Tell me smart asss , WTF has bubba gump shrimp Co got to do with Technology ? Yeah, exactly !