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Bullboard - Stock Discussion Forum Xtract One Technologies Inc. T.XTRA

Alternate Symbol(s):  T.XTRA.WT | XTRAF

Xtract One Technologies Inc. is a Canada-based technology-driven threat detection and security solution provider, leveraging artificial intelligence (AI) to provide secure patron access control experiences. The Company's segments include Platform and Xtract. The Platform segment develops and commercializes a platform of AI-powered threat detection technologies. The Xtract segment develops and... see more

TSX:XTRA - Post Discussion

Xtract One Technologies Inc. > Have to beat a major competitor who have backing of fed govt
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Post by Canadaforoil on Oct 27, 2022 5:03am

Have to beat a major competitor who have backing of fed govt

A group of ex-soldiers have produced, using AI, a software program that uses cameras throughout the school to identify and track active shooters.  Yes, it is after the fact but getting strong backing by the government.  It can communicate in real time with police to show where the shooter is and their activities.  Police can communicate with each other and staff to evacuate parts of buildings where active shooter is not present.  Schools, which have limited budgets, will have to decide what type of system they want.

So PAT will have to somehow prove results to get their type of system to stop the incident before it starts.  If you are interested in this company, they were highlighted on 60 Minutes two weeks ago.  The company is also U.S. based so I am not sure if the "Buy American" policy from Biden will have any traction with this type of program.
Comment by Andydaswede on Oct 27, 2022 2:05pm
Are you on drugs? You re talking like its been translated from japanese to english by google translate
Comment by Canadaforoil on Oct 27, 2022 3:58pm
Seems like perfect English to me.  Not sure what you mean by your comment, valid consideration for stock holders.
Comment by TheGesharoo on Oct 27, 2022 5:37pm
VRS does exactly this with facility insights, if you are going to appear our of nowhere and flog a competitor's product, please educate yourself on the company board on which you are posting. The limitation with the tech overall, is that you are limited to the amount of cameras you have installed, and yes it's after the fact also and then in real time. Another fact for you, there are ...more  
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