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Xtract One Technologies Inc. T.XTRA

Alternate Symbol(s):  T.XTRA.W | 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 LONG-HAULERon Jun 24, 2019 11:46am
102 Views
Post# 29856077

Interesting similarities as an early startup

Interesting similarities as an early startupLet's be real. Scan started up early April 2019. Their latest news release today shows a potential product launch in late 2020,. ONLY IF ALL GOES TO PLAN. As we know that's assuming we live in a perfect world. 

*Alpha testing
*Beta Testing 
*New Product Introduction (NPI) and Product Launch

The invaluable feedback from the Beta testing, from both a concept of options ("CONOPs") and product perspective, will be incorporated into the initial design during the NPI phase. This phase will include completing the FCC certification supply chain planning, building product with the manufacturing partner, marketing, and sales. The product is scheduled to launch in Q3 2020


What's interesting is PAT's evolution over a similar 2 year period working towards product launch. That said, when reviewing all the milestones PAT has accomplished it's really impressive. Competition is good however the competition is lagging far behind the front runner(PAT). No matter how the bashers try to piece together an unsuccessful PAT, PAT is leading the charge.

For those on this board doing their best to prove negative outcomes and vibes  - if you had just some basic intellect of what it takes to bring a software/hardware product or products to market - let's just say your completely blind and ignorant to the cause. Follow Scan closely and learn what PAT has already accomplished. 

IMO - PAT will play a huge role in the positive outcome globally. Looking forward to the next 6 months, NR's and forthcoming success stories with partners .
Time and Patience friends of PAT

glta/ddd


 
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