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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 Golden100on Sep 18, 2024 10:00am
79 Views
Post# 36228796

RE:Devolv tit for tat...

RE:Devolv tit for tat... https://ca.finance.yahoo.com/news/evolv-technology-unveils-high-speed-120000105.html

Well that looks awkward and expensive in comparison to our  new AI walkthrouh capabilities. They lose portability by now needing 2 machines to do the job that our one system does, not to mention they have difficulty with accuracy detecting knives on a person.  I would say their AI is limited compared to Xtract. More hardware for Evol means more cost to the customer. They are allready more expensive than Xtract.  I believe this is why Evans continues to emphasize to potential customers to test test test before buying. The better choice is apparent if they do their homework by comparing the systems in real time. 
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