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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 FrozenInOntarioon Jan 06, 2025 9:37pm
59 Views
Post# 36391677

RE:RE:Interesting.....

RE:RE:Interesting.....Hey,

The 2 biggest competitors are coming with a solution to a problem.  For me, it validates the need in the market.   And happy to hear that some clients are buidling this stuff.

It is only reasonable to focus on the future and believe that One can meet the market requirement.  And from what I see, it can take over that niche.

Are there risks that it will not get its UL approval, have so so performance, a competitor coming in with something  superior ?  Yeah, of course.  If you judge the risk too high, you wait on the sideline till they get their certification, or get their first sales or you can see some in the wild.  Less risk, less potential return.   Personaly, I am ready to give them a chance and speculate on this.

As to bashing or not the competition, to each his own.

GLTA
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