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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 JohnMc84on Dec 17, 2021 3:32pm
309 Views
Post# 34241863

The Details and facts on the NCS4 report

The Details and facts on the NCS4 reportI have been reading the Bullboard with fascination. 

Lots of posts by people who clearly have not read the details and are just making assumptions on one liners.

There are many key points in the report that are important to understand. Read the document several times!
1) The evaluators ratings are subjective.   Not factual.   Notice that one evaluator usually rated everything one number below the others.   
2) The ratings follow a table.   "2" is excellent.   It means that the product met the requirments but the evaluators had some comments.   When you read the details, for example, the system alerted at 1.6% versus a industry standard target of 20%.   Someone commented that the majority of alerts came from cellphones.  So the rating is 2.2.     Thats bullsh*t.   it's an observation.  it sliek saying that the testing was done on Monday and you get a 2 rating instead of a 3.
3) The real importnat details are the OBJECTIVE measured data.    Detecting 100% of guns, detecting 77% of small knives (which is double what a metal detector does.

When you look at the metrics, across 2 tests, patriot exceed for guns, large knives, medium knives, and small knives, with some exceptions for a aluminum gun and knife.

People need to look at the details.    An overall rating of 2.5 out of 3 for SUBJECTIVE ratings means that, according to the table THey met or exceeded all standards, and got some comments.  and these guys are very good at taking comments and improving fats (look at the difference between 1.1 and 1.4.

another interesting thing is that they are being very open and transparent.    The IPVM report and what the leagues are saying is that Evolv is faking things, and hiding their issues and lying.
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