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Xtract One Technologies Inc. T.XTRA.WT


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

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 FrozenInOntarioon Nov 21, 2024 1:23pm
97 Views
Post# 36324206

A positive spin with Evolv

A positive spin with EvolvBelieve this is excellent news from our competitior : they just confirmed that the fundamentals of the market are strong.  So, good for them if they pick new clients/schools with their product, there will be more than enough for Xtract to pick up.   After all, One is still not approved for selling and it is our Expedite killer....  A bit surprised that they can sell that product, it validates the demand in the market for a superior prodcut.
Lets face it, for the moment, Xtract can grow but is limited by its capital.    Pretty sure that current shareholders would be pissed off by a raise.
In the meantime, I like the emphasis on England that should bring in new revenus.
GLTA,




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