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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 MJInvestor101on May 15, 2018 4:25pm
205 Views
Post# 28035154

Read what they are telling you....

Read what they are telling you....

1) We got FCC approval to use the tool within an operating spec that cannot be changed I expect without more certification.

2) we have tons of data...tons of it... we are trying to make sense of it all so that we get meaningful alerts and not useless noise...but havent figured that out yet

3) it works, but has to be safe (not to high on the microwaves?) and practical for commercial use (if the microwaves are turned down, getting too much noise to filter out - too many false positives)

Sedar says, may never go live with commercial...


As outlined by Patriot One’s CEO and President Martin Cronin during several recent interviews with CNET and other media outlets, the Company has advanced to Stage-3 active testing and research of the PATSCAN CMR concealed weapons detection solution in real world environments. By the end of April 2018, Patriot One will have five (5) client locations where Company engineers will be able to test and conduct further research on the radar device and software solution. In addition to the recently opened location within the Westgate Las Vegas Resort & Casino, the next four (4) development locations are scheduled to include a Southeast U.S high school, a Midwest U.S. university, a business location in the U.K. and a law enforcement establishment in Canada. Each location offers a unique environment to support advanced testing. As confidentiality is critical to the Company’s covert technology testing regime, further details about new locations will be released when deemed appropriate.

Active PATSCAN CMR technology testing has continued to advance employing a staged approach: Stage 1 encompassed years of academic research. Stage 2 combined advances in software development, radar performance studies and equipment form factor enhancements culminating in equipment certifications and advancement to Stage 3. Today our focus on extensive research involves background signal subtraction designed to capture a variety of human body types and environmental background signatures as well as feature extraction testing and research. This involves capturing signatures of a variety of weapons including guns, knives and bombs. We are amassing extraordinary amounts of data from our extensive and ongoing studies in active environments. Ultimately, it is through the concerted application of technology and diligent effort that we will achieve Stage 4, a safe and practical commercial application designed to solve the issue of random acts of public violence.


Read more at https://www.stockhouse.com/news/press-releases/2018/03/28/patriot-one-provides-corporate-update-and-advises-on-u-s-congress-visit#vEQkGtct30qB1zAG.99
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