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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 Nightstockeron May 22, 2024 2:08pm
64 Views
Post# 36052411

RE:Could the AI advancements recently is way ahead of its tech?

RE:Could the AI advancements recently is way ahead of its tech?

Hey Humanist, I would say after that convo with the ex Raytheon guy Joshua during the Chachi Wolf interview, Smart Gateway seems to have a ton of upgradeabillity (probably not a word). And with our own AI group, we should have a leg up on the competition.

And there hasn't been any competitor coming forward with more AI based features in their units that I have seen. 

Field is still pretty narrow in that regard, which really reinforces the frustration with X1's lack of traction in the space. It's basically Devolv and us. CEIA gets a big market share but they are exclusively metal detectors (and a private company, thank goodness)

Liberty is still in development stage- despite what they claim.

Of course, this won't be forever, there's always someone capable of building a better mousetrap.

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