Xtract One Technologies Inc. (XTRA)

Overview

Xtract One Technologies Inc. specializes in the research, development, and commercialization of advanced threat detection solutions globally. The company operates through two primary segments: Patriot and Xtract. Each segment concentrates on developing and commercializing artificial intelligence (AI) powered technologies aimed at improving security and safety. Initially known as Patriot One Technologies Inc., the company underwent a name change to Xtract One Technologies Inc. in December 2022. Since its establishment in 2016, it has been committed to innovating in the field of security technologies from its headquarters in Toronto, Canada. The company's mission is to offer sophisticated, AI-driven solutions for detecting potential threats, thereby enhancing safety in various public and private sectors.

Products and Services

• PATSCAN VRS Video Recognition Software:

  This product integrates digital cameras with artificial intelligence to automate the process of detecting visible weapon threats, fights, and health and safety concerns. The software is designed to identify potential dangers in real-time, providing immediate alerts that enable quick response to mitigate risks. The application spans across various high-risk or densely populated environments, aiming to ensure public safety and security.

• PATSCAN Multi-Sensor Gateway:

  An innovative autonomous detection system that identifies threats by detecting concealed guns, knives, or related threat objects on individuals entering secured areas. It can be seamlessly integrated into entryways of schools, stadiums, concert halls, shopping centers, and other private, public, or secured buildings. This system serves as a discreet but effective layer of security, designed to prevent potential incidents before they occur by non-invasive means.

• PATSCAN Cognitive Microwave Radar (CMR):

  This cutting-edge technology uses microwave radar in tandem with custom machine learning and AI software to identify concealed weapons such as guns and knives. The CMR is a testament to the company’s innovation in creating non-intrusive, real-time detection solutions. It underscores Xtract One Technologies Inc.’s dedication to leveraging advanced technology for enhancing safety and security measures in any given environment.