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Xtract One Technologies Inc. T.XTRA

Alternate Symbol(s):  T.XTRA.WT | XTRAF

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 Apr 20, 2021 4:49pm
155 Views
Post# 33031318

RE:Podcast interview with Peter Evans

RE:Podcast interview with Peter EvansI thought that Podcast was done long. Anyway, Peter mentions that traditional metal detection systems- installed in order to determine threats (like that of a weapon in a backpack at a school) are very labour based, cost ineffective, don't scale, and are highly inefficient. 

Unfortunately, there is no evidence that the PATSCAN system can address these issues. For example, that school in Ohio had a system installed about six months ago. From the pictures taken of the system at that school, it does not look like any of the issues Peter mentions in the Podcast have been addressed. Maybe they should show a live video of how that system was tested.  Can we assume that six months after installation, that system is in operation at that school? For example, what was did the school pay? what was the labour saving?   

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