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Xtract One partnership to secure entrances at major U.S. arena

Jonathon Brown Jonathon Brown, The Market Online
0 Comments| April 15, 2024

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  • Xtract One Technologies’ (TSX:XTRA) threat detection solution has been chosen as the first line of security at a multi-purpose indoor arena
  • The Toronto-based tech company announced that its SmartGateway has been selected to protect all entrances at American Bank Center in Corpus Christi, Texas
  • American Bank Center holds a 10,000 indoor seat multi-purpose indoor arena and a 12,820-square-metre convention space for concerts, sporting events, as well as professional and amateur rodeos
  • Xtract One Technologies stock closed trading at $0.64 per share

Xtract One Technologies’ (TSX:XTRA) threat detection solution has been chosen as the first line of security at a multi-purpose indoor arena.

Leveraging AI to provide streamlined and secure access, the Toronto-based tech company announced its SmartGateway has been selected to protect all entrances at American Bank Center in Corpus Christi, Texas.

American Bank Center holds a 10,000 indoor seat multi-purpose indoor arena and a 12,820-square-metre convention space for concerts, sporting events, as well as professional and amateur rodeos.

The SmartGateway system uses sensors to detect threats discretely and accurately, with an aim to ensure people’s privacy and comfort. Replacing traditional metal detectors, the system unobtrusively scans patrons en masse for weapons and prohibited items upon entry, maximizing throughput without compromising security.

“When visitors go to entertainment complexes like American Bank Center, they expect to have a memorable experience,” Xtract One’s CEO, Peter Evans, said in a news release. “We look forward to contributing to an even more secure, dynamic space that enables guests to fully immerse themselves in the live entertainment experience with complete peace of mind.”

Xtract One Technologies offers AI-based threat detection and security solutions for seamless patron access control experiences.

Xtract One Technologies stock (TSX:XTRA) closed trading at $0.64 per share and is down 12.32 per cent in a year.

Join the discussion: Find out what everybody’s saying about this stock on the Xtract One Technologies Bullboard, and check out the rest of Stockhouse’s stock forums and message boards.


The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.




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