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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 Golden100on Jun 20, 2023 4:24pm
121 Views
Post# 35506013

Ultimately

Ultimately I don't think any of us can come to any concrete conclusions about DHS certification. Peter Evans mentioned the word certification twice on the Webcast. It really wasn't clear to me that he was actually talking about actual certification or designation. I wasn't sure if he was using the word in a generic sense like saying we are going for certification of the designation award. Just wasn't clear to me. You can listen to it again yourselves but I can't come to that conclusion. Also on the investor presentation I cannot definetly say that "only provider on track to be approved for use in 4.6 billion target market" means DHS certification. All any of us can do at this point is speculate. My rose colored glasses say maybe. 
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