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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 carlcagon Feb 13, 2018 8:51am
172 Views
Post# 27549381

RE:RE:RE:RE:Pat

RE:RE:RE:RE:PatSeems to be lots of these numbers floating around !

Washington D.C. (PRWEB) June 26, 2015 

According to the Standoff IED, Person-Borne & Vehicle-Borne Explosives & Weapon Detection: Technologies & Global Market – 2015-2020, terrorist attacks using IEDs, Person-Borne IEDs (PBIED) and Vehicle-Borne IEDs (VBIED) peaked in 2007 due to the U.S. & NATO wars in Afghanistan and Iraq. While the withdrawal of the U.S. from these countries resulted in a decline of VBIED & PBIED attacks, we now face a new surge of suicide attacks which are growing at an alarming rate (see figure).

The purpose of standoff PBIED, VBIED and weapon detection technologies is to determine at a safe distance if a human subject or a vehicle is carrying explosives or weapons. Concealed explosives detection is perceived as one of the greatest challenges facing the counter-terror and military communities. The threat posed by suicide bombers is the key to the emergence of transformational counter-terror technologies and tactics. The maturity and deployment of advanced standoff detection technologies, capable of detecting suicide and other terrorists at a safe distance, will change the landscape of homeland security and asymmetric warfare.

In the new "Standoff IED, Person-Borne & Vehicle-Borne Explosives & Weapon Detection: Technologies & Global Market – 2015-2020" report we forecast that the cumulative 2015-2020 revenues will reach $8.4 billion.

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