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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 Davinatoron Mar 13, 2024 3:58pm
224 Views
Post# 35931249

Sidoti Micro Cap XTRA Conf Call...

Sidoti Micro Cap XTRA Conf Call... As usual, Peter does a great job presenting Xtract and Smart Gateway. Every time he does these presentations I don't get how we're not trading at $5+ (our $2.9M Q2 aside...).
If you didn't hear it, he covered a DHS question again and this time had a new angle saying it is typically a 3 YEAR cycle to be approved but noted we are actually being fast-tracked. Said again he had a call with them last week and feels we are very, very, very, very, very very close to a Designation award.
Interesting to also hear him talk about our technology re:barriers to entry. Said we have some unique differentiators in our our various sensors and AI that give us an edge. Mentioned a nameless competitor who he feels is doing something unique but that they are likely 2 years away from bringing to market, at which time they will likely become aware of shortcomings that will send them back to the drawing board again. In short, we're in a good place.
Anyway, call surely to be posted soon enough and worth a listen. 
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