ellen780
1 month ago
Reflex Systems
We’re proud to announce the expansion of our services with the launch of a new Weapons Detection Division, in partnership with Xtract One Technologies
With Xtract One’s AI-powered Smart-Gateways, we’re bringing next-generation security solutions to the UK and Ireland. These cutting-edge systems are designed to detect concealed weapons quickly and discreetly, ensuring safer environments for sports, entertainment, and public venues without disrupting the guest experience.
Already a success at major events including The Citi Open and large arenas such as the Co-op Live in Manchester, this advanced technology is transforming how venues across the UK and Ireland approach security, creating seamless and efficient operations.
We’re delighted to partner with Xtract One and deliver this game-changing solution to enhance safety and improve customer experiences across the region.
Key Features:
- AI-enhanced real-time threat detection
- Fast, non-intrusive screening for large crowds
- Proven success at top venues worldwide
- Boosts security staff performance and efficiency
- Live UK demonstrations coming soon
For more info, visit us at https://www.reflexsystems.co.uk
or contact our team directly on 0800 542 3333 email sales@reflexsystems.co.uk
Let’s create safer, smarter venues together in the UK and Ireland.
#Security #AI #SmartGateways #ReflexSystems #XtractOne #WeaponsDetection #SafetyInnovation #PublicSafety #UKSecurity #IrelandSecurity #AItechnology #VenueSafety #SmartSecurity
k9narc
4 months ago
Eight Capital’s Adhir Kadve initiated coverage of Xtract One Technologies Inc. (XTRA-T +2.78%increase
), a Toronto-based AI-powered security technology company, with a “buy” rating and $1.30 target. The average is $1.40.
“Xtract One is a developer of a next-gen patron-screening solution called ‘SmartGateway,” he said. “With this product, the company is looking to disrupt an age-old market fraught with legacy, outdated solutions. SmartGateway aims to detect and identify patrons who are attempting to enter a public facility with any sort of weapon. Given validation from key industry players who are both customers and investors, like Madison Square Garden, the Oak View Group and multiple third-party verifications combined with a massive pipeline of business, we see compelling evidence of product market fit for SmartGateway and a strong growth trajectory ahead for the company.”
From the Globe and Mail so the $ figures are in Canadian funds.
doug777
1 year ago
Letter from Evans:A Note to our Investors,
Recently, a number of you have reached out to me, expressing concerns that we have been noticeably quiet over the past few months.
The tone of these letters has expressed concern, fear, and worry. These letters also seem to demonstrate that the excessive negative chatter of the chat boards is, once again, weighing heavy on them. It seems to be an interesting cycle that repeats itself every 3 or 4 months.
The business is doing fine. In fact, we are doing more than fine, we are doing excellent.
The quieter period over the last few months was somewhat intentional. The investment bankers, institutional investors, and market analysts all pause for the summer months and every one of them advised us that news during this time gets little attention. Those that excessively spend on over-hyped marketing during this time are wasting their investors’ money, and my commitment to our investors is to spend judiciously, not irrationally like some competitors might do. When it comes to marketing, sometimes more is not necessarily better.
We have our upcoming earnings announcement on October 19th. I cannot share the results of that announcement at this time, but I am confident that the investors in Xtract One will be pleased to see that we are continuing the trajectory previously discussed in prior earnings announcements.
I have been wanting to hold another investor fireside chat, and plan to do so timed with some business announcements so that those can be discussed in detail during that chat.
I am also cautious about what we say and when. It is clear that our innovative approach to the industry, the thought leadership, the roadmap ideas, and even my own words used in interviews are being mimicked by competitors. The saying goes that “imitation is the finest form of flattery”, but not in this situation where our original ideas are being used against us.
The past few months have been very very busy, and highly productive. Locations like Radio City, MSG, and The Sphere going live. In the prior months we have installed new schools, hospitals, and arenas, converting bookings to revenue. We have executed pilots at a pace of about 2 per week with sports and other organizations. The business is growing, we are managing our Opex costs and now that the summer is over, we will be ramping our market communications, starting with last weeks Sidoti conference to bring our continued success to the market. When we are allowed due to NDA’s to discuss news, we will.
Overall, we are doing very well, and I encourage all quality investors to ignore the arm-chair quarterbacks on the chat boards, and focus on the facts – the business performance metrics and critical milestones achieved, as will be discussed during our earnings calls.
It’s a good time to be an investor in Xtract One. Our stock price is down, our business is growing, which just means that this is a good time to buy, which I plan to do once my blackout period is past.
Peter
ellen780
1 year ago
Below is from the last quarterly report.
Entered into a commercial agreement with Sphere Entertainment Co. (formerly Madison Square Garden Entertainment Corp.), which allows Sphere Entertainment Co. and its affiliate Madison Square Garden Entertainment Corp. (“MSG Entertainment”) (formerly MSGE Spinco, Inc.) to deploy SmartGateway solutions across the Sphere in Las Vegas, which is expected to open in September 2023, and MSG Entertainment’s portfolio of iconic venues, including New York’s Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall, and Beacon Theatre; and The Chicago Theatre;
randychub
1 year ago
They recently had this press release. They can also detect print guns which airports are going to need. weapons such as liquid, plastic, and powder explosives, 3D printed guns, and other prohibited items
Again, I think there is room and different markets for multiple players.
July 5, 2023 – Liberty Defense Holdings Ltd. (“Liberty” or the “Company”) (TSXV: SCAN, OTCQB: LDDFF, FRANKFURT: LD2A), a leading technology provider of AI-based next generation detection solutions for concealed weapons and threats, is pleased to announce it has received a purchase order for multiple HEXWAVE™ systems from Elkhart County, Indiana.
doug777
1 year ago
According to PE. EVOLV pays, grants, call it what you may, customers receive money or benefits and other privileges to install their product thus skewing their numbers, Its complicated. They had a SPAC a few years ago that got them on the NASDAQ and a lot of money. As a result, a good sales team. They could probably sell ice cubes to an eskimo in the middle of winter.. XTRACT does not and we are 2 years behind EVOLV in evolution. EVOLV has 5 lawsuits pending, XTRACT does not. Interestingly enough someone at EVOLV posted a negative post against me on Linkedin a few days ago referencing me and the EVOLV test I did with CBS news a while back.
https://www.linkedin.com/in/doug-schull-22336a1bb/recent-activity/all/
https://www.cbsnews.com/colorado/video/security-technology-company-under-fire-for-system-as-colorado-school-adapts-program/
XTRAXT is priced fairly and honestly. PE has always said he does not want onsey twosey which in my opinion he has been doing as of late. XTRAXT has OVG (350 venues), MSG ( The Sphere in Vegas and including New York’s Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall, and Beacon Theatre; and The Chicago Theatre" buildings), OIG (850 federal buildings) and TSA. TSA is part of DHS and XTRACT just recently got approval from them. They are building a strong foundation. I believe XTRACT is now waiting for the CERTIFICATION level of the DHS. EVOLV is at level 2, Designated. Hopefully XTRACT will reach level 3, soon, the CERTIFICATION level at DHS. Remember XTRAXT was asked by DHS to raise their request level application. I believe it is expected by many that everyone just mentioned is waiting for this DHS level. Then no more pilots needed. Then our sales will skyrocket.