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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 Golden100on Sep 21, 2022 6:21pm
251 Views
Post# 34977701

It is true

It is trueThat evolv has managed to secure some contracts. Some were early on in the game before negative feedback surfaced about the poor performance of their product. The question is are these businesses happy with the product now. They also continue to get more contracts for schools who are the least qualified to make a competent decision on what a quality system looks like. Easy targets. Most professional sports companies already have competent security leaders of their own to make good decisions. Now that Evolv has been exposed for questionable efficacy and practices I am sure most professional sports venues are taking a closer look before jumping in with evolv. Word gets around
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