D
Xtract One Technologies Inc. XTRAF
$0.33 -$0.01-1.75% OTC PK
Recommendation
Dividend Power Score
Prev Close
Volume
Avg Vol (90D)
Market Cap
Dividend & Yield
--
52-Week Range
P/E (TTM)
--
EPS (TTM)

Company Overview

Xtract One Technologies Inc. is a Canada-based technology company that develops and commercializes advanced threat detection and access control solutions primarily for the physical security, public safety, and venue management industries. The company focuses on identifying concealed weapons and prohibited items in real time while enabling frictionless entry experiences, positioning itself at the intersection of security technology and operational efficiency.

The company’s core offerings are centered on its AI-driven, sensor-based screening platforms, which are designed to detect metallic and non-metallic threats without requiring traditional metal detectors or manual searches. Xtract One serves customers across sports and entertainment venues, casinos, healthcare facilities, education campuses, and government or commercial buildings. Formerly known as Patriot One Technologies Inc., the company rebranded to Xtract One Technologies in 2023 to reflect its evolution from hardware-focused threat detection toward a broader, integrated security and access control platform strategy.

Business Operations

Xtract One generates revenue through the sale and subscription-based deployment of its proprietary security screening solutions, including hardware, software, and ongoing support services. Its primary operating segment is the development and commercialization of intelligent weapons detection and access screening systems, with revenue derived from system installations, software licensing, and recurring service agreements. The company operates predominantly as a technology provider rather than a security services firm, emphasizing scalable deployments and long-term customer contracts.

The company’s operations span North America with growing international reach, supported by a combination of direct sales and channel partners. Xtract One controls its core intellectual property, including machine learning models, sensor fusion technology, and analytics software. Its product ecosystem integrates with third-party access control and venue management systems, enabling deployment within existing infrastructure rather than requiring complete facility redesigns.

Strategic Position & Investments

Xtract One’s strategic direction centers on expanding adoption of frictionless screening as a replacement for traditional metal detection in high-traffic environments. Growth initiatives emphasize increasing penetration in large venue and enterprise markets, expanding recurring revenue, and enhancing software-driven analytics capabilities. The company has invested heavily in artificial intelligence, cloud-based data processing, and real-time threat classification to differentiate its solutions from conventional security screening technologies.

A key strategic move was the acquisition of Xtract Technologies, which strengthened the company’s access control and entry management capabilities and supported the launch of its integrated Xtract One Gateway platform. The company continues to focus on emerging applications in smart venues, critical infrastructure protection, and large-scale public events, where demand for unobtrusive security solutions is increasing.

Geographic Footprint

Xtract One Technologies is headquartered in Canada, with its principal executive offices in Ontario. The company’s primary commercial presence is in North America, particularly the United States and Canada, where the majority of its customers and deployments are located. These markets represent the largest share of revenue due to higher adoption of advanced venue security technologies.

Internationally, Xtract One has expanded its footprint through pilot programs, partnerships, and selective deployments in Europe and other international regions, primarily targeting large venues and institutional customers. While international operations currently represent a smaller portion of overall revenue, they are viewed as a long-term growth opportunity as global security standards evolve.

Leadership & Governance

Xtract One is led by an executive team with experience in security technology, defense, and enterprise software, guided by a strategy focused on innovation, scalability, and customer-centric deployment of security solutions. The leadership emphasizes data-driven decision-making and the transition from legacy security models to intelligent, AI-enabled platforms.

Key executives include:

  • Peter EvansChief Executive Officer
  • David RussellPresident
  • James SloaneChief Financial Officer
  • Todd HamerChief Operating Officer
  • John GillisChief Technology Officer

The company is governed by a board of directors that oversees strategic planning, capital allocation, and regulatory compliance, with reporting and disclosures aligned with public company requirements in both Canada and the United States.

Data complied by narrative technology. May contain errors

Top Tech Stocks
See All »
B
NVDA NASDAQ $183.06
B
AAPL NASDAQ $255.11
B
MSFT NASDAQ $402.64
Top Consumer Staple Stocks
See All »
B
WMT NASDAQ $124.70
B
Top Financial Stocks
See All »
B
B
JPM NYSE $281.92
B
V NYSE $306.59
Top Energy Stocks
See All »
B
ENB.TO TSX $73.47
B
ENB NYSE $54.15
Top Health Care Stocks
See All »
B
LLY NYSE $976.62
B
JNJ NYSE $243.90
B
AMGN NASDAQ $370.65
Top Real Estate Stocks
See All »
B
PLD NYSE $131.85