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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 mrpancakeon Jul 01, 2019 5:28pm
67 Views
Post# 29878640

RE:RE:RE:July 9 last year.... Still excited ? Still not done!

RE:RE:RE:July 9 last year.... Still excited ? Still not done!I see now but looks like $63MM or so left Reading more from MD&A its alarming to see the reference to the FCC; as the poster Beastcoast was suggesting there current FCC might be no good. So again how diud they expect to roll out CMR in 2017 while now saying in the later half of 2019 that it might not work "It is possible that modifications to regulatory approvals or other certifications may be required before full commercial deployment. Moving beyond a minimum viable product for early adopter pilot installations, the Company may need to make submissions to FCC and Industry Canada (as well as other jurisdictions in due course) for the use of additional power in certain environments (for example high signal clutter) to enhance performance, which will require demonstrating, among other things, that there are no harmful health effects or interference with critical systems. Active work by the Company is underway in this respect." Moreover the MD&A indicates the company will try making the device portable for emergency use as there current FCC certificate allows - that's another think that the poster was right about all along See MD&A: The Company aims to make the technology compact and portable, as well as operate on microwave frequency range from 500MHz to 4.8GHz and is striving to adapt its CMR systems to recognize various weapons and non-threat targets (i.e., unarmed civilians) before commercial deployment. The Company believes this technology has extensive potential for use in enhancing military and or law enforcement capabilities."
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