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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

Post by beastcoastOGon Sep 30, 2021 1:11pm
151 Views
Post# 33946460

Some REAL news

Some REAL news

WALTHAM, Mass. – Evolv Technology (NASDAQ: EVLV), the global leader in weapons detection security screening, announced today that it has screened more than 100 million individuals, second only to the U.S. Department of Homeland Security’s Transportation Security Administration (TSA). 

The milestone comes on the heels of a series of new customer acquisitions and organizational achievements, as well as impressive financial results revealed in its second quarter earnings announcement issued last month detailing, among other gains, a nearly 600% increase in year-over-year quarterly revenue. Coinciding with the earnings announcement was news from Security Today magazine that it named Evolv Express® New Product of the Year in the Pedestrian Security Entrances category.

“We’ve experienced significant growth this year, and this milestone demonstrates how much people are looking for a solution that improves security without compromising experience,” said Peter George, CEO of Evolv Technology. “With Evolv Express weapons detection screening, visitors get the frictionless experience they are looking for, and can spend more time at the venue they came to enjoy.”

Evolv Technology will end the month with a strong presence at Global Security Exchange (GSX) in Orlando Sept. 27-29. For more information about Evolv Technology or to see a demo, visit our website. 

About Evolv Technology

Evolv Technology (NASDAQ: EVLV) is a leader in weapons detection for security screening, securing the world’s most iconic venues and companies. Its mission is enabling a better experience and better security for venues, creating a safer world to work, learn, and play by transforming physical security to make everywhere safer. It gives sports fans, theme park visitors, concertgoers, shoppers, employees, students, and others peace of mind so that they can gather without fear of violence. Its security screening has scanned more than 100 million people, second only to the Department of Homeland Security’s Transportation Security Administration (TSA) in the United States, and its technology combines powerful, advanced sensors with proven artificial intelligence (AI), security ecosystem integrations, and comprehensive venue analytics to reliably detect threats 10 times faster than traditional metal detectors. 

Evolv Technology, Evolv Express®, Evolv Insights™, and Evolv Cortex AI™ are registered trademarks or trademarks of Evolv Technologies, Inc. in the United States and other jurisdictions.

For more information, visit https://evolvtechnology.com.

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