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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 Nov 10, 2019 12:32pm
117 Views
Post# 30332929

First Responder

First ResponderAnother start up out of Vancouver, BC. There's room for more in the space for sure. Utilizing Wifi is certainly a big play thus why PAT partnered up with Cisco or is it vice versa LOL. That said, wifi is just 1 play utilizing exisiting or new infrastructure to serve clients needs. Its not a 100 yard dash to the winners circle rather it's a well put together pllanned marathon.   

IE: Competitive landscape and key vendors. The wireless access point market is dominated by leading vendors such as Aerohive, Cisco Systems, HPE, Ruckus Wireless, and Ubiquiti.

Speaking to royalties, perhaps why the founders are 100% ALL IN it to win it. Stock shares are 1 thing but the big win comes from an exponential and explosive growth company like PAT1 mand its suite of product offerings.  The long term plan is slower  to take shape but once it does the long term win is a significantly larger piece of the global pie (or should we say penetration/market share). I have no doubt the immense # of leads will turn into signifiacnt sales and revenue. As per MC Its not about the mom and pop shop 1 ofs sales here and there. Its about Enterproise wide deployments "globally". 

There's room for many in the space Glbally, perhaps Firstresponder is 1 of them. It'll be interesting to see how things play out for them with PAT having 3 incredible years of experience and relationship building in the space already. 
LOL, I do like the pepper spray thing First responder are touting though   

IMO glta DDD

 

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