"Patriot anticipates that it will earn revenues from three (3) sources. The hardware will be provided to the marketplace at a price of $10,000 USD per unit to resellers based on configuration. Management believes that this price point is competitive with WTMDs from current companies providing solutions in this market.
In addition to the hardware solution, Patriot will offer a monthly subscription of up to $500USD per device for software updates and signatures of new weapons.
This subscription will be paid monthly for the useful life of the device. Lastly, Patriot will provide training in security procedures related to active shooter and terrorist threats. Management expects that these service components of the business will account for no more than 20% of total revenues."
Corrected from $50.00 to $500.00
Level One Research
Robert Veritas blog post
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