Xtract One Technologies Inc. T.XTRA.WT

Primary Symbol: T.XTRA Alternate Symbol(s): XTRAF

Industrials Aerospace & Defense

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

Xtract One Technologies Inc. > I guess it is true

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Comment by FrozenInOntarioon Oct 25, 2024 11:06am

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Post# 36282007

RE:I guess it is true

Evans was asked a question about this at the conference call by a TD Wealth analyst incidently (Td thinking about covering Xtract ?)
No gloating from him : current tech cannot be used in a cluttered environment as the trade off between sensitivy of the system (Smart Gateway included) leads either to too many false positives or too many weapons going through.
He did also add at the end ; Until One Gateway. Interpret it like you want but the lady in the video generated false alarms twice with her notebook. One Gateway solves the laptop problem. The TAM is getting huge...
GLTA

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Two micro-cap stocks with strong fundamentals