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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

Comment by mrpancakeon Apr 20, 2021 4:49pm
144 Views
Post# 33031318

RE:Podcast interview with Peter Evans

RE:Podcast interview with Peter EvansI thought that Podcast was done long. Anyway, Peter mentions that traditional metal detection systems- installed in order to determine threats (like that of a weapon in a backpack at a school) are very labour based, cost ineffective, don't scale, and are highly inefficient. 

Unfortunately, there is no evidence that the PATSCAN system can address these issues. For example, that school in Ohio had a system installed about six months ago. From the pictures taken of the system at that school, it does not look like any of the issues Peter mentions in the Podcast have been addressed. Maybe they should show a live video of how that system was tested.  Can we assume that six months after installation, that system is in operation at that school? For example, what was did the school pay? what was the labour saving?   

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