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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

Comment by LONG-HAULERon Dec 04, 2019 9:55pm
130 Views
Post# 30423385

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:ASK yourself one question

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:ASK yourself one question

Agree Pliskin. What negy nellies don't get i- with all the companies currently in the space, the good bad or ugly - not 1 co has deployed a product offering of any large scope or scale. That in itself speaks to how delicate and complex this technology is and who the audience and key stakeholders your playing too. You have 1 chance to get it right. The liabilities can be large unless fully ready for scaling a massive commercial rollout  

I have no doubt MC and team along with their key partners within this product offering and development process have clear goals and objectives to win and win big. Bringing not only a product but a full solution (pick and choose) to the market. Machine learning / AI  have certainly elevated PATs game and products to a whole new level of potential client engagement. 

Risks are additional time to market with the right products. The rewards, much larger bigger piece of the pie and wallet share of the massive potential market waiting for the right offerings to deploy. Goes without saying CO's like Johnston Controls international and Cisco only launch products right the 1st time.  

They've done well to date, I trust the plan to get it right. 
IMO glta DDD 

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