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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 Jahpatrioton Aug 20, 2021 8:19pm
201 Views
Post# 33744155

RE:RE:RE:RE:RE:Will Xtract evolve into a behemoth?

RE:RE:RE:RE:RE:Will Xtract evolve into a behemoth?@PliskenNYC: Xtract would still be available and committed to Pat1 to further expand the robustness and intelligence of Pat's AI engine. The only difference is that Pat would now have to pay Xtract for it's services. Allowing Xtract to go public could be a viable business model to allow Xtract to market finance a more rapid expansion / growth by hiring AI scientist specific to certain market segment to compete and increase overall market share / presence. Keeping them tied to Pat1 stifles their growth.
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