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Xtract One Technologies Inc. T.XTRA

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

Industrials Aerospace & Defense
Xtract One Technologies Inc. is a technology-driven threat detection and security solution company leveraging artificial intelligence (AI) to provide secure patron access control experiences. The Company is engaged in the development and commercialization of an integrated, layered, AI-powered threat detection gateway solution. It operates in two segments: Platform and Xtract segment. The Platform segment develops and commercializes an AI-powered threat detection gateway solution. The Xtract segment develops AI solutions for customers. Xtract One’s Gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic. Its AI-based Video Recognition Software allows venue and building operators to identify weapons and other threats inside and outside of facilities and receive valuable intelligence for optimizing operations. It serves various industries, including arenas and stadiums, ticket venues and attractions, and casinos.


TSX:XTRA - Post by User

Xtract One Technologies Inc.
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Comment by WesternBigfooton Nov 17, 2018 11:17pm
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Post# 28990629

RE:low power wearable and vehicle mounted adaptations

RE:low power wearable and vehicle mounted adaptations Where did you find this release? Is this new? Sorry I can't locate it. Thanks!

Biomed4077 wrote:

TORONTO, ON- Patriot One Technologies Inc., (PAT) (otcqb:PTOTF) (frankfurt:0PL) ("Patriot One" or the "Company"), developer of a revolutionary concealed weapons detection system, advises today that its university research partner was awarded CAD$161,321 from the Natural Sciences and Engineering Research Council's (NSERC) Idea to Innovation Phase II Grant, which will help to advance and further evolve its Intellectual Property (IP) portfolio.

NSERC's grant, along with cash and in-kind contributions from Patriot One, creating a total project value of almost CAD$355,000, will assist in propelling the Company towards new products and solutions for the detection of concealed weapons. Proposed advances include practical trials aimed at commercial development of low power wearable and vehicle mounted adaptations of its innovative software and related hardware solution.

News of the funding comes at a time of growing public interest as the Company recently received significant industry recognition of its efforts as category winners (Anti-Terrorism & Force Protection) at the 2017 Security Industry Association's (SIA) New Product Showcase (NPS) component of the ISC West conference and trade show, the largest annual industry event of its kind in North America.



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