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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 PliskinNYCon May 29, 2020 12:29pm
140 Views
Post# 31088236

21 billion dollar AI sector to grow 9x by 2025 Pat ready..

21 billion dollar AI sector to grow 9x by 2025 Pat ready..

Artificial intelligence is the next big military advantage. For example, in early 2019, the U.S. announced a strategy for harnessing AI in many parts of the military including. Intelligence analysis, decision-making, vehicle autonomy, logistics, and weaponry, reports Technology Review. Along the way, it’s creating a multi-billion-dollar opportunity. In fact, according to the U.S. Army, “The AI market was more than $21 billion in 2018, and it is expected to grow almost nine times larger by 2025. AI systems provide predictive analysis to interpret human inputs, determine what we most likely want, and then provide us with highly relevant information.” 

That’s opening a sizable opportunity for top companies such as Patriot One Technologies Inc. (TSX:PAT)(OTCQX:PTOTF), Microsoft Corporation (NASDAQ:MSFT), General Dynamics Corporation (NYSE:GD), Northrop Grumman Corporation (NYSE:NOC), and NVIDIA Corporation (NASDAQ:NVDA). 


To finish my thoughts from yesterday, it seems Patriot one is being groomed to become a monster, pat wisely acquired an AI division, which is already pulling down contracts. Also pat is now being mentioned with these monster companies as if they will be peers.
AI xtract is a huge revenue stream on it's own.

 

this article predicted a 189billion dollar AI sector by 2025, and placed Patriot one as a major player, let's think about that.

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