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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 TheGesharooon Mar 09, 2021 2:06pm
178 Views
Post# 32754129

RE:Smart Security website

RE:Smart Security website

If you scroll down on their (smarter security), it indicates that their fastlane products are in 3 of the world trade center buildings' lobbies (customer testomonial at the bottom).  Patscan is in their fastlane products.

Am I interpreting this accurately?  If so that's fantastic and perhaps colima's point? - that we are getting installed into various venues/buildings via these licensing agreements (in addition to the resellers and direct sales that are happening right now.  Not unlike the police light bar manufacturer who is putting our Patscan VRS into their lightbars.  I like this line for us, as an additional way for our technology to be used in various ways to reach more submarkets without distracting us (ie:  let other people build the turnstiles or light bars).  I assume the light bar manufacturer (or smarter security in this instance) will pay the subscription fees to get updates.

It's not hard to imagine this compounding revenue very quickly.

tick tock....  

Gesharoo






 



 



 

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