Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Skidaddleon Sep 26, 2019 7:44pm
221 Views
Post# 30168632

Fortune magazine article includes PAT FYI:

Fortune magazine article includes PAT FYI:Patriot One, the Canadian company, uses a combination of machine learning and microwave-radar technology to spot hidden threats. Its sensors act as a kind of long-range metal detector that identifies concealed weapons, including guns, knives, and bombs. 
Signals that bounce off solid objects are instantly analyzed for a match in the company’s weapons database. The system’s machine learning distinguishes between the highly suspect (say, an assault rifle smuggled in a suitcase) and the benign (a mobile phone in a jacket pocket), and then, if necessary, alerts security personnel. “It’s all about smart, distributed, low-cost networked security,” says Martin Cronin, the company’s CEO. 
Patriot One’s hardware is installed in schools, offices, and public venues including the Westgate Las Vegas Resort & Casino and the University of North Dakota at Grand Forks. It costs just under $50,000 per installation, plus an annual $10,000 fee. 
Cronin, a former diplomat for the British Foreign Office, says interest in his company’s technology picked up significantly after the 2017 Mandalay Bay shooting in Las Vegas in which a lone gunman killed 58 and wounded 422. Cronin won’t get drawn into ­hypotheticals about whether Patriot One’s system, called PatScan, could have prevented it.
But, he says, that type of incident—weapons in bags brought into a hotel—is precisely what the technology is designed to prevent. “Yes, in principle, we will detect those and generate an alert so that security could respond before an incident could happen,” Cronin says.
https://fortune.com/2019/09/26/ai-security-cameras-prevent-mass-shooting/

Bullboard Posts