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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 Yajneon Mar 13, 2024 11:32pm
66 Views
Post# 35931888

RE:RE:Super interesting enjoy

RE:RE:Super interesting enjoyThe problem I see is that this could be BAD for the industry for a short while until it is "double" proven that AI technology works as advertised. You have all heard the expression "a rising tide lifts all ships"? Well IMO, the infamous company "E' might have caused the opposite problem...clients will need some convincing and probably more trials before they will trust ANYBODY in this space. I think X1 will prevail but I don't think it is a slam dunk; I think it will only be after a lot of testing and convincing. Hopefully the TSA certification last year will serve us well...
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