Xtract One Technologies Inc. Stocks

Xtract One Technologies Inc. is a global leader in the creation, advancement, and deployment of cutting-edge threat detection systems. The company's operations are divided into two distinct divisions: Patriot and Xtract. The Patriot segment concentrates on developing and commercializing an artificial intelligence (AI)-driven platform for threat detection, while the Xtract segment is dedicated to delivering diverse AI solutions. Among its innovative products is the PATSCAN VRS Video Recognition Software, which integrates digital cameras with artificial intelligence to automatically identify visible weapon threats, physical altercations, and potential health and safety concerns. Another key offering is the PATSCAN Multi-Sensor Gateway, an autonomous detection system designed to uncover concealed weapons, such as firearms or knives, on individuals as they enter secure private or public venues, including educational institutions, sports arenas, concert halls, and retail centers. Furthermore, Xtract One also produces the PATSCAN Cognitive Microwave Radar (CMR), a sophisticated system that utilizes microwave radar technology in conjunction with specialized machine learning and AI software to locate hidden guns and knives. The company, headquartered in Toronto, Canada, was established in 2016. It operated under the name Patriot One Technologies Inc. until December 2022, when it officially rebranded to Xtract One Technologies Inc.