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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 vezmic1on Feb 16, 2022 2:36pm
209 Views
Post# 34434815

RE:RE:OIG article

RE:RE:OIG article
Lots of good unpacking in that article.  Have another read at some of those numbers:

As a result of this partnership, the D.C. Protective Services Division - which provides 24-hour security and special police services that support District government operations, as well as protection of employees, resources, and facilities at approximately 840 District-owned and leased properties, including OIG headquarters - will be able to provide a safer environment for all who work or live in the district.

and this is in DC... ALONE.  The federal government on its own is going to have some real potential.  And to think that its the OIG who came looking for PAT, after finding other solutions lacking...after independent research:

“About five or six months ago, we had some inbound interest from OIG itself and the D.C. Department of General Services [DGS]"

Maven was in a meeting with the folks at OIG as they had been going through some analysis of all sorts of different technologies, and they were disappointed in some of those activities and the results they’d seen post technologies. They asked Maven, ‘Can you do some research for us?’ and they did their own independent research. OIG called us, Maven did their own research and called us, and all of a sudden everything came together very, very nicely
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