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Xtract One Technologies Inc. T.XTRA

Alternate Symbol(s):  T.XTRA.WT | XTRAF

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 Golden100on Sep 21, 2022 6:21pm
265 Views
Post# 34977701

It is true

It is trueThat evolv has managed to secure some contracts. Some were early on in the game before negative feedback surfaced about the poor performance of their product. The question is are these businesses happy with the product now. They also continue to get more contracts for schools who are the least qualified to make a competent decision on what a quality system looks like. Easy targets. Most professional sports companies already have competent security leaders of their own to make good decisions. Now that Evolv has been exposed for questionable efficacy and practices I am sure most professional sports venues are taking a closer look before jumping in with evolv. Word gets around
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