- Xtract One Technologies (TSX:XTRA) will unveil its newest Xtract One Gateway security screener Sept. 23-25 at GSX 2024 in Orlando, Florida
- The product is designed to detect mass-casualty weapons in spaces where people are carrying larger items like laptops, tablets and notebooks
- Xtract One Technologies develops AI-driven threat-detection and security solutions focused on patron screening
- Xtract One Technologies stock has given back 5.71 per cent year-over-year and 59.26 per cent since 2019
Xtract One Technologies (TSX:XTRA) will unveil its newest Xtract One Gateway security screener Sept. 23-25 at GSX 2024 in Orlando, Florida.
Like the rest of the company’s portfolio, Xtract One Gateway allows patrons to walk through proprietary sensors, drastically reducing screening times compared with traditional bag checks. It distinguishes itself by being designed to detect mass-casualty weapons in what the security screening field describes as medium-clutter environments, where people tend to carry numerous larger personal items, including schools, workplaces, conference venues and manufacturing and distribution centers.
Xtact One is confident that the Xtract One Gateway “will redefine the security experience by not only balancing powerful threat classification and detection with seamless flow for individuals, but also enhancing safety standards and optimizing operational efficiency,” according to Tuesday’s news release.
The product complements Xtract One’s SmartGateway screener, which offers Department of Homeland Security, Federal Aviation Administration and Transportation Security Administration-certified weapons detection for low-volume personal belonging environments.
Investors can learn more about the Xtract One Gateway during a webinar on Sept. 25 hosted by chief executive officer Peter Evans on the company’s official website.
Leadership insights
“The forefront of our mission is creating environments where the highest-level of innovative security and convenience coexist,” Evans said in a statement. “We’re excited to unveil Xtract One Gateway to help build those welcoming experiences to a broader market, while also ushering in a portfolio of the next generation of seamless, unobtrusive security solutions that cater to each venue’s unique and specific security requirements. As more and more schools, convention centres and companies adopt weapons screening solutions, they are challenged by laptops and other metallic objects essential for work. With Gateway, we’re continuing to deliver solutions that work to enhance efficiency and streamline security processes, while improving everyday life. Gateway is a game-changer for the industry.”
“Gateway revolutionizes the modern-day security experience with its advanced AI and proprietary sensors, offering bi-directional screening and precise threat classification,” added Joshua Douglas, senior vice president of product & engineering at Xtract One Technologies. “The system has been trained to distinguish between everyday items and mass-casualty threats, focusing on distinct features like object shape, size and material. Equipped with adaptive software that continuously refines its detection capabilities by learning to recognize new weapons and emerging threats, it ensures our customers have cutting-edge facility protection now and in the future.”
About Xtract One Technologies
Xtract One develops AI-driven threat-detection and security solutions focused on patron screening.
Xtract One Technologies stock (TSX:XTRA) is up by 3.13 per cent, trading at C$0.66 per share as of 9:32 am ET. The stock has given back 5.71 per cent year-over-year and 59.26 per cent since 2019.
Join the discussion: Find out what everybody’s saying about this security technology stock on the Xtract One Technologies Inc. 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.
(Top photo of a healthcare conference, generated by AI: Adobe Stock)
