Toronto-based Patriot One Technologies is set to acquire New Brunswick-based EhEye, a video threat recognition software company. EhEye’s system automates the detection of weapons, disturbances, and suspicious behaviours through existing camera infrastructure.
A report from Entrevestor said the company was purchased for $3.2 million in stock. “We are extremely excited to join the Patriot One team. Their mission to become the foremost proponent and provider of innovative threat detection and counter-terrorism solutions and services for general public safety fully aligns with our own mission,” said James Stewart, EhEye’s CEO and president. “Further to that end, we expect their advancements in machine learning for weapon recognition through their proprietary PATSCAN software, as well as their key strategic partnerships, to propel our video recognition solution’s commercialization. This will ensure significantly enhanced detection capability whenever weapons are handled inside or outside of facilities like event venues, schools or virtually any public building.”
EhEye will be part of Patriot One’s suite of threat detection solutions under the brand name PATSCAN VRS, denoting video recognition sensors for threat detection. Sales of the PATSCAN VRS solution will be based on a SaaS pricing model on a per camera-use basis per location. Additional technology candidates for potential inclusion into the PATSCAN product line-up are currently undergoing technical assessment, focus group, and marketing evaluation.
EhEye is in the process of piloting its solution with an international airport and a correctional facility through the Build in Canada Innovation Program. In addition, the developers also received the support of the National Research Council of Canada.
“We are very pleased to welcome the EhEye team into the Patriot One family. Their award-winning threat recognition software will integrate into our client’s existing video camera networks offering a first line of defense to detect active shooters or terrorists approaching a venue with weapons drawn,” said Martin Cronin, CEO and president of Patriot One. “It will also offer an additional layer of detection inside buildings to track threats and even identify irregular disturbances or physical altercations between individuals.”
