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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 Golden100on May 05, 2023 4:00pm
249 Views
Post# 35433757

I found it interesting

I found it interestingthat Peter Evans stated in his latest podcast that 50% of revenue was coming from manufacturing. The only manufacturing I am aware of is Hyundai Kia and supposedly Tesla. I am assuming they are expanding to other plants and offices. Based on the venues we already have it would have to be a lot of units in manufacturing to match the number of units with our sports and entertainment contracts. This is a list of contracts that I know of. I am sure there are more that I don't know. Acrisure Arena, Total Mortgage Arena, Angel of the winds Arena, Sap Arena, Tech Cu Arena, Moody Centre, Rupp Arena, Climate Pledge Arena, UBS Arena, Capital One Arena, Tachi Casino, Lakewood School Distrect, Office of Inspector General, Lexington Opera House, and now Simon's Bank Liberty Stadium and Zekelman Holocaust Centre. That's a lot of units. That would have to be a lot of units in manufacturing to be 50%. Thoughts anyone?
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