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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 Aug 05, 2018 2:50pm
266 Views
Post# 28416479

RE:RE:interesting video of some similar technology in the space

RE:RE:interesting video of some similar technology in the spaceGarbage ? Nope 
Different League - Yes you are correct.
They dont have a page - https://www.stockhouse.com/companies/quote?symbol=osis

As for the product Deployed in many US Military and NATO bases overseas. NYPD have several of them for special events. 
The technology has been through the Military technology incubator of SAIC / LEIDOS and was sold to Rapiscan OSI. 
Also the cornerstone technology for the CERDEC NVL detection systems platform. 
The system ghas save thousands of US Military personnel lives. I believe that every one of the people who have loved ones saved by the deployment of this technology would tend to disagree with any comment in regard to it being garbage. 

More than $80 M dollars and some of the best scientists and engineers who made this device also stand in the way of your garbage statement. 
The technology is PURELY for extreme stand off detection and was specifically tuned to look for the likes of AK47, and Machine pistols like Uzi and PBIED (Suicide Vests). Its sweetspot is 10 - 60 Metres.

It is "COMPLETELY" different concept of operation to the proposed PATSCAN conops and sold to Military and certain Counter Terror police departments only.

It is like saying a Boeing 747 is garbage because it is in a different league to a Gulfstream 5. Its a moot argument.
They both fly, both take the same fuel and will both get the job done. One does it for several people in 2/3 of the time one does it for 350 people over the same journey. Does that mean the other can be considered garbage ? 

As for their page its part of OSI that owns several companies including Rapiscan. Share price $78 USD , Market Cap $1.47 Billion 

Patriot are doing a great job. They have some seriously clever guys and a generally solid team. There is lots to like about Patriot and if you read their SEDAR statements and actually listen to their management team, there is plenty of good news. As a stock lots of serious opportunity. However these flippant statements calling other technologies that are deployed and serving a completely different audience "garbage" is highly unqualified and just as wrong as commenting about their page not existing.
Maybe instead of throwing insults at people trying to assist in broadening the horizons of people holding stock or thinking of buying stock, maybe the train of though like remembering that OSI started in a garden shed once upon a time and is now a $78 stock might give shareholders some view to how astronomical the right technologies introduced at the right time can skyrocket. PATSCAN is NO EXCEPTION to that possibility.

C  




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