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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 Nov 01, 2024 12:23am
24 Views
Post# 36291806

RE:RE:Evolv CEO firing a positive ?

RE:RE:Evolv CEO firing a positive ?I guess it is possible for evolv to hire their own version of our Peter Evans to take over the helm. The problem for them  (at least the way I see it)  is they have an inferior technology compared to Xtract especially now with the new One Xtract on the horizon. These technologies did not get developed over night. This puts them lightyears behind us in developing anything comparable to Xtract. I am afraid xray machines won't cut it. This is a huge hilll to climb. Hire a new CEO for a company built on lies and deception plus facing lawsuits and unhappy customers plus trying to catch up with an inferior product. So if the rot (as you say) goes deep to the bone that makes them very dangerous for a possible takeover. Hope not but I don't trust them. After all I doubt the board and their deep pockets were oblivious  to what was really going  on. I would say that makes them willing to do whatever it takes to win. 
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