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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 Nightstockeron Mar 07, 2021 11:33am
174 Views
Post# 32738600

RE:RE:RE:Can PAT be of help ?

RE:RE:RE:Can PAT be of help ?

I agree, Gesh. While it is nice to diversify, this is not the time.

Evans has indicated pretty clearly that he wants to go after specifically targeted markets that make the best fit for Pat's current products. 

Yes, big bucks, massive contract, but Pat would have to retool its systems to accommodate this kind of business. And the tender process is not that straightforward either- multiple competitors, legal teams back and forth on contract provisions...governments never do anything quickly. 

No more rabbit holes- that was one of Cronins issues- trying to find a way to be everything for everybody.

Eyes on the prize.


 

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