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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

Comment by LEOTHELIONon Jan 29, 2018 5:28pm
197 Views
Post# 27458171

RE:Not anytime soon....you can count on it

RE:Not anytime soon....you can count on itYou raise some interesting points, many of which have been discussed here for quite some time (in fairness to you, well before Jan 26 when you first became a SH member). As far as "taking so long" in reference to production, the company got started in the fall of 2016 on the idea of taking the tech from the McMaster U. lab and creating a commercial weapons detector. So in actual fact, they have moved along at a rather fast pace - seeing that they are now publicly demonstrating it in multiple locations and inviting well financed executives to examine it. We are all certain that they ARE indeed "messing" around with the settings on the devices (as they have been telling us this fact for the past two quarters). Furthermore, they have never said that their tech was to be used in isolation; quite the opposite. Anyway, I'm guessing you don't care to know the whole story or that you will use some "straw man" rebuttal.
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