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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 BocianWaffleson Jul 28, 2021 4:43pm
109 Views
Post# 33618102

RE:RE:Whats happening with evolv

RE:RE:Whats happening with evolv@Nightstocker - That is insane to me, it's probably the most common type of weapon patrons bring into stadiums and casinos. It funny how some people were focusing on the clutter thing that impacts both companies, I think Peter articulated it perfectly ...the lens to look at it through is current technology which Pat is looking to replace are metal detectors...100% of the time folks are forced to stop and empty pockets. With Pats solution, only a small portion of those patrons would be require to do what they've always done. Then of course there is the other products Pat has to offer which provides Business/Operations intelligence, which can be a huge ROI and used to justify upgrading their current systems as well as the differentiator that will lead to winning RFPs/Bakeoffs. Think of all the metrics/reporting Pats systems can provide the customers mgmt which can be leverage in a way to make sound decisions and  enhance efficiency ..the potential is insane and clearly is on another level than competitors. The competition essentially addresses 1 use case from what i've seen whereas Pat addresses so many use cases and future capabilities are endless due to its integration with current systems the customer may have. Pats system is vendor agnostic. It's going to be a great story imo
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