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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 Aug 01, 2022 7:00am
226 Views
Post# 34863774

More FACT ... ASM Global tested Evolv for 2 years in USA

More FACT ... ASM Global tested Evolv for 2 years in USA

AO Arena, operated by ASM Global, is the first arena in Europe to use Evolv’s technology as part of its £50m (€59.5m/$60.9m) investment into Manchester’s venue, which was the scene of the May 2017 terrorist attack which killed 22 people following an Ariana Grande concert.

AO Arena (pictured) has been using AI-based threat detection screening system, Evolv Express, to screen guests as they arrive at the venue for events, without the need to stop or remove items from their pockets or policy-compliant bags. So far, the system has been used for eight shows welcoming over 54,000 guests, with a full roll-out planned for September.

As part of the new partnership, ASM has been working closely with Evolv to ensure the technology has been tested to government standards in both the UK and US, as well as collaborating on further improvements and continuous development.

Gary Simpson, director of safety security and risk for ASM Global, said: “We have been working with Evolv for over two years supporting the testing and development of the Evolv Express system.

“The detection technology has been used for some time in America but this is the first such deployment at an arena in Europe. Given the positive experience at the AO Arena, Manchester we are planning a further roll out to other venues in Europe as part of our VenueShield programme.”

 
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