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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 LEOTHELIONon Jan 24, 2018 5:26am
209 Views
Post# 27421872

Commercialization

CommercializationI think Commercialization is going to happen in an incremental way.  Yes there will be the big complex venues like stadia, subway terminals etc - but there are also literally millions of smaller venues like wealthy estates, small businesses, churches and schools that won't require as complex installations that could be viable clients in the short term to get revenue started.  So as far as "working out the bugs" - I think that there will be different sets of hurdles for different kinds of installations.  These new hires and realignment suggest to me that people are now having a specific focus to move product.  Have a great day everyone.
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