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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 kidl2on Jan 10, 2024 12:18pm
108 Views
Post# 35819565

RE:New Press Release - Xtract One Technologies Partners with H-E-B Center at Cedar Park to Secure All Venue Entrances

RE:New Press Release - Xtract One Technologies Partners with H-E-B Center at Cedar Park to Secure All Venue EntrancesToday’s NR (sort of) reaffirms my belief that XTRA is news constrained not because of a dearth of new contracts but because of their inability to publicly announce many of them due to NDA’s. It’s not something I can support with hard numbers but looking at the relatively rare contract  announcements and then comparing them to the fast growing sales and contract backlog, it just looks to me like many (most?) contract wins never make it into NRs. If so, this makes it extremely difficult to retain investors’ attention many of which are NR addicted and often interpret a few weeks of no news as bad news.

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