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Xtract One Technologies Inc. T.XTRA

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

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 commercializes advanced artificial intelligence solutions for customers. Its products include SafeGateway, SmartGateway and Xtract One View. Its Gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic. Its AI-based software allows venue and building operators to identify weapons and other threats inside and outside of facilities and receive intelligence for optimizing operations. Xtract One View, the Company's cloud-based platform, provides oversight of its customers entire fleet of Xtract One SmartGateways from one interface.


TSX:XTRA - Post by User

Post by moonman29on Oct 31, 2017 1:42pm
109 Views
Post# 26882926

This fits a security market need

This fits a security market needTake it from a person with 20 years in the security industry, this is a component to an overall security solution and is sorely needed.  A lot of end users in security want to manage risk but they also don't want to be too overt in handling it.  eg. Want to be patted or wanded when you enter a hotel?  As long as this is executed well, this will be a winner product that can be sold to the masses.  10x for sure in the next 5 years if this works (wild guess).  So maybe it's run bit high now but trust me, this will blow up if adopted by the installers and the plan is executed well.  

In security we've seen advancements from analog to digital (HD and higher) in video, access control moved ot more open systems, now analytics and deep learning are the trends and this fits the bill.  Cognitive microwave radar is just another component to a well-designed security platform. I'm really hoping this company succeeds so shareholders can benefit and overall security systems can be improved.
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