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Wytec Announces 9.5% Secured $10M Private Offering to Accredited Investors
Wytec Announces 9.5% Secured $10M Private Offering to Accredited Investors

Globe and Mail

time5 days ago

  • Business
  • Globe and Mail

Wytec Announces 9.5% Secured $10M Private Offering to Accredited Investors

Wytec International ('Wytec'), OTCQB: WYTC, is announcing its 9.5% Secured $10M Secured Note to 'accredited investors only' under SEC Rule 506 (c), with a portion of the proceeds allocated towards Wytec's multi-government sales and marketing program utilizing telecom master channel agents. This was not possible until May 20 th, when Wytec successfully completed its 'live' Gunshot Detection Pilot Project at the Sons of Liberty Gun Range in San Antonio, Texas. Wytec is presenting its Public Safety/Investor Seminar at the Intercontinental Riverwalk Hotel in San Antonio, Texas, on September 2 nd 2025, to introduce its gunshot/drug sensing technology while providing a face-to-face introduction of Wytec's technology sales agents to TXShare Members. The meeting room hosts 100 attendee seats, of which 50 seats have been reserved for TXShare Members, representing 170 US Cities, 50 Counties, and over 40 Special Districts, including Transit Authorities, Water Utility Boards, Bridge and Highway Authorities, Police Departments, School Districts, Hospitals, and more. The Award includes a Master Service Agreement (MSA) with the North Central Texas Council of Governments resulting from a Request for Proposal (RFP) issued by the TXShare Cooperative Purchasing Program. The remaining seats are reserved for a select number of Wytec's top accredited shareholders and prospective new family offices and institutional investors. Wytec will present both its gunshot detection and drug sensing Pilot results at the Public Safety/Investment Seminar with a sales initiative to include a 30-day 'No-Cost' Trial of its AI Gunshot/ Drug Detection 'Integrated' Solution to members of the TXShare Cooperative. Wytec utilizes its previous experience applied at the Johnson Space Center in Houston, Texas, and the 62-story Fountain Place building in Dallas, Texas, which includes financial, medical, and educational facilities. For more information on Wytec's Public Safety/Investor Seminar, please call 888-284-4531 or email Samantha Guajardo at sguajardo@ About Wytec Wytec International, Inc. is a San Antonio, Texas-based telecommunications company with recently approved AI patent awards issued by the United States Trademark and Patent Office (USPTO) supporting its AI Gunshot Technology. Wytec is currently listed on the OTCQB Market under the symbol OTCQB:WYTC with plans to uplist to a major exchange by the end of 2025. To learn more about Wytec, visit or call us toll-free at 888-284-4531 or email Samantha Guajardo below.

DPD proposes new tech for West Dayton crime prevention
DPD proposes new tech for West Dayton crime prevention

Yahoo

time14-06-2025

  • Yahoo

DPD proposes new tech for West Dayton crime prevention

DAYTON, Ohio (WDTN) — The Dayton Police Department is proposing a new program to help cut down on violent crime in the city. Gunshot detection drones and license plate readers are part of the new technology DPD wants to bring into three West Dayton neighborhoods. New DPD high-tech space combines tools to solve crime faster 2 NEWS spoke with community members who say they are hopeful this program will reduce crime. 'We can't expect officers to be everywhere at all times,' said Tasha Rountree, Wolf Creek Neighborhood Association president. Rountree says her community is likely to benefit from the implementation of new technology that could soon be patrolling the Miami Chapel, North Riverdale and Residence Park areas. This effort comes as part of a $400,000 public safety grant that will help the department implement gunshot detection, license plate readers and drones. DPD says drones will be strategically put on the outskirt of a large cluster of West Dayton neighborhoods. Rountree believes this will help protect people who live in these areas. 'With the drones being geared to hearing gunshots, we don't have to have neighbors who are now afraid to call the police,' said Rountree. 'We now have drones that heat the sound, the officers can respond.' Anti-gun violence operation ends with person shot, another arrested Dayton PD says this is all part of a pilot program, and that in two years, its results will be assessed. In a statement to 2 NEWS, DPD says in part, 'The technology will be integrated and monitored through the Real-Time Crime Center, which will enhance situational awareness, improve investigative continuity, and maximize the efficiency of police resources.' Rountree says while there are concerns surrounding surveillance and other bad actors, many local residents are looking for a solution to violence in their neighborhoods. 'And so when you have a deterrent to know those officers are coming in, we don't even have to call, that's going to curb some of the crime,' said Rountree. The program is not in effect just yet. City officials say they will present a draft of their policy for the program to the city commission. If approved, the technology could start being used later this year. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Dayton police plan gunshot detection, drones, plate readers in 3 neighborhoods
Dayton police plan gunshot detection, drones, plate readers in 3 neighborhoods

Yahoo

time11-06-2025

  • Yahoo

Dayton police plan gunshot detection, drones, plate readers in 3 neighborhoods

Jun. 10—The Dayton Police Department proposes to use controversial gunshot-detection technology, drones and license plate readers to try to reduce crime in several hotspot neighborhoods in west and northwest Dayton. The Dayton Police Department recently was awarded $450,000 in grant funding from the Ohio Violent Crime Reduction Grant Program. The police department received the second largest award in the state in the latest funding round. An executive summary of the city's application for funding says the grant money will be used to combat crime in the Miami Chapel, North Riverdale and Residence Park neighborhoods, which all saw a significant increase in violent crime last year. Miami Chapel is south of U.S. 35 in West Dayton and includes the DeSoto Bass housing complex. Residence Park is west of Gettysburg Avenue and north of Third Street. North Riverdale is east of Main Street and north of Ridge Avenue. A Dayton Daily News investigation that was published in April found that Miami Chapel, North Riverdale and Residence Park were among the city neighborhoods with the most gun crimes in 2024. The police department's application for funding says these three neighborhoods had 89 gun-related crimes last year, including 30 aggravated robberies and 10 killings and cases of "nonnegligent manslaughter." A project description included in the grant funding application says the police department plans to purchase three Flock gunshot detection systems, 27 license plate reader systems and one Flock safety drone that will serve as a first responder. Police have installed fixed license plate readers in various neighborhoods around the city, and police vehicles also are equipped with the technology, which scans license plates and issues alerts, like if the vehicles are reported stolen. The police department previously used a controversial ShotSpotter gunshot-detection system, but the city decided not renew the contract when it expired at the end of 2022. The project description says gunshot detection technology will help police with rapid response, evidence collection and data analysis to develop targeted interventions. Critics of the technology say it is unreliable and has not been proven to reduce shootings, violence and other crime. Critics say the the technology issues alerts that send officers to locations of alleged gunshots without any other information, which potentially can lead to unnecessary and unjustified pat downs, investigatory stops and arrests. Police say drones as first responders provide aerial surveillance, rapid response and real-time intelligence. This story will be updated.

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