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Xtract One Technologies Inc. T.XTRA

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

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

Post by Minitaton Mar 25, 2019 10:17pm
219 Views
Post# 29534693

Homeland Security Synopsis dated September 2017

Homeland Security Synopsis dated September 2017My apologies if this is old news.

US Homeland Security provided an analysis of first responders to incident sites. This particular document is concerned with a capability gap with respect to the ability of first responders to rapidly identify hazardous agents and contaminants. 

This document defines a first responder as: "A person among those responsible for going immediately to the scene of an accident or emergency to provide assistance. The first responder market is to include law enforcement, fire services and emergency medical services."

Projected market data is forecasted to 2020.  The document lso specifies the following:

"The following three firms were identified as key global market players in each market segment relevant to Capability Gap 3, the ability to rapidly identify hazardous agents and contaminants: General Electric Corporation (U.S.); Honeywell International Inc. (U.S.); and Lockheed Martin Corporation (U.S.)."

Within the section titled First Resonder-Specific Technologies, Patriot One is one of seven companies identified whose product is deemed to be a "potential first responder-specific solution"

With PAT 1's most recent steps forward in a multi threat-solution product, the mention PAT1 receives in a major Homeland Security report, and the highlighting of 3 key players in industry who are also major military contractors...could this be the narrowing down of PAT1's defence contractor affiliation?

Here's the link to the report:

 https://www.dhs.gov/sites/default/files/publications/IFAFRI_Capability-Gap-3-Deep-Dive-Analysis_170922-508.pdf
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