Xtract One Announces Updates on One Gateway Launch | XTRAF Stock News

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Jun 03, 2025
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  • Xtract One Technologies to launch the security platform Xtract One Gateway in July 2025.
  • The company has secured $6.7 million in orders from five customers in the U.S. and Canada.
  • The AI-powered system will streamline security checks by distinguishing harmful items from everyday objects.

Xtract One Technologies Inc. (XTRA, XTRAF) has announced that its innovative security platform, Xtract One Gateway, is slated to begin shipment in July 2025, adhering to the scheduled timeline. The platform has already garnered $6.7 million in orders from five distinct customers. The company has secured certifications in the U.S. and Canada, with plans to achieve further international certifications later this quarter.

The Xtract One Gateway, which leverages AI for advanced threat detection, aims to revolutionize the security screening process at various checkpoints. It eliminates the need for separate bag searches by simultaneously scanning individuals and their belongings for potential threats. The system distinguishes between dangerous items and benign personal objects such as laptops and phones, significantly reducing screening times and enhancing the flow of movement. This innovation is expected to improve efficiency and safety across multiple sectors, including education, healthcare, and manufacturing.

Peter Evans, CEO of Xtract One, expressed optimism about the market's positive reception. He highlighted that after successful demonstrations, demand for the Gateway system is increasing, with potential clients eager to integrate the technology into their operations. The company emphasizes that its solution is poised to set a new standard in threat detection by providing seamless and secure access control experiences.

Xtract One Technologies is recognized for offering cutting-edge security solutions that cater to unique market needs, with an emphasis on enhancing the patron access experience through AI-powered technology. The Gateway platform is part of the company's broader strategy to deliver high-security solutions while maintaining a smooth flow of entry and exit for individuals.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.