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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 JVJ24601on Aug 02, 2022 9:39am
213 Views
Post# 34865328

Well. That’s a start with 3 gateways… at 3 entrabces

Well. That’s a start with 3 gateways… at 3 entrabces

Read this and tell my what you see

"Patriot One Technologies Inc is pleased to announce it has secured a deal with a large U.S.-based auto manufacturer to protect all employee entrances at three of its manufacturing facilities."
 

I don't believe there are multiple employee entrances at each facility, or the release would have said, "a gateway at multiple employee entrances at each facility".

These manufacturers like to limit access and cost of security, forcing all enployees typically through 1 entrance.  They might be advancing their cars, and equipment to make those cars, which shows a direct ROI, but doubtful more than 1 gateway per plant's single employee entrance.  It demonstrates their focus on security and employee protection, without breaking the bank.  


So that's 3 Gatways sold in my book.  For probably around $30k-40k total for equipment and annual service.  
 

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