Plymouth, Massachusetts – June 7, 2021 –
Plymouth Rock Technologies Inc. (CSE: PRT) (OTC: PLRTF) (Frankfurt: 4XA WKN# A2N8RH) (“Plymouth Rock”, “PRT”, or the “Company”), a leader in developing threat detection and unmanned technologies, today announced the completion of its previously announced acquisition of Tetra Drones Limited (“Tetra” or “Tetra Drones”), a developer of custom-made, high-performance and niche Unmanned Aircraft Systems (UAS).
Plymouth Rock acquired 100 ordinary shares of Tetra from the sole Shareholder, Mr. Ben Pickard. Mr. Pickard will continue to work for PRT following completion of the acquisition.
“The acquisition of Tetra provides us with a U.K. based production and sales team with a record of success. We welcome the Tetra team to Plymouth Rock, as we move forward to a sales phase within the USA and EU.” said Dana Wheeler, President and CEO of Plymouth Rock.
About Tetra Drones
Tetra is a private company subsisting under the laws of England and Wales, which carries on the business of producing drones and was founded in 2017 in the UK. It has a track record of sales to international entities, and it is often selected by leading universities, law enforcement and environmental agencies for mission specific UAS.
About Plymouth Rock Technologies Inc.
We are on a mission to bring engineering-driven answers to the most critical problems that threaten our safety. We work with government, law enforcement and military to innovate solutions for national security, defense and space systems.
The Company is developing the next generation of threat detection solutions and Unmanned Aircraft Systems (UAS).
The PRT X1 is a purpose-built multirotor UAS, utilizing Artificial Intelligence, cutting-edge sensors and the latest FLIR dual-camera module as standard, offering thermal capabilities alongside 1080p HD real-time air-to-ground streaming and 4K video recording, with the ability to mount multiple, various sensors, modules and payloads.
Our advanced threat detection methods fuse artificial intelligence with augmented reality interfaces to eliminate human operating error. Plymouth Rock products, both airborne and land-based, will scan for threat items at greater ‘stand-off’ distances than current existing technologies. Our unique radar imaging and signal processing technology creates new opportunities for remotely operated, non-intrusive screening of crowds in real time.
Plymouth Rock’s core technologies include: (1) UAS platforms engineered to conform to H.R.4753 – Drone Origin Security Enhancement Act (“X1”) (“XV”); (2) Millimeter Remote Imaging from Airborne Drone (“MIRIAD”); (3) A compact microwave radar system for scanning shoe’s (“Shoe Scanner”); (4) A compact modular radar utilized for a variety of applications, from aircraft to weapon detection (“CODA”).
ON BEHALF OF THE BOARD OF DIRECTORS
Dana Wheeler
President and CEO
+1-774-404-7685
Investor Information:
Tasso Baras
+1-778-477-6990
