Xtract One Technologies Inc. Stock Price, News & Analysis

Xtract One Technologies (OTCQX: XTRAF) has been selected by Temple University to enhance security at The Liacouras Center, a 10,000-seat multi-purpose venue in Philadelphia. The deployment comes through Xtract One's partnership with Oak View Group (OVG).

The company will implement its SmartGateway system, an AI-powered security screening solution that replaces traditional walkthrough metal detectors. The technology provides unobtrusive weapons detection while maintaining efficient patron flow, particularly important for large-scale events like graduation ceremonies.

The system aims to improve security screening efficiency while enhancing the overall visitor experience by reducing wait times and providing less intimidating security measures at the venue's entry points.

Xtract One Technologies (OTCQX: XTRAF) has announced its participation in three upcoming investor events during September and October 2025. The company will attend the H.C. Wainwright 27th Annual Global Investment Conference in New York City (September 8-9), the iAccess Alpha Virtual Best Ideas Fall Investment Conference (September 16-17), and the 2025 Cantech Letter Investment Conference in Toronto (October 9).

Presentation materials and potential webcasts will be made available on the company's website. Institutional investors can arrange one-on-one meetings with management through conference hosts or Xtract One's Investor Relations team.

Xtract One Technologies (OTCQX: XTRAF) has secured a US$2.6 million contract to expand its SmartGateway weapons detection system deployment at a major international entertainment venue. This three-year expansion follows a successful US$5.1 million initial installation from 2023, demonstrating strong customer satisfaction and product efficacy.

The deployment is scheduled for 2026 to align with the venue's expansion plans. The facility serves over 25 million annual patrons, and according to the company, this represents the largest deployment of such a solution globally. The project reinforces Xtract One's international growth strategy and validates its technology's effectiveness in addressing global security needs, particularly in knife detection.

Xtract One Technologies (OTCQX: XTRAF) has secured a significant contract with Volusia County Schools in Florida to enhance school security through its Gateway screening system. The implementation will be carried out in two phases, with 48 Xtract One Gateways being deployed across the county's high schools starting in 2025, followed by a second phase in 2026.

The Gateway system offers non-intrusive security screening that can efficiently detect weapons while allowing students to keep their backpacks and belongings, eliminating the need for separate X-ray machines or frequent state-certified inspections. The technology uses advanced bi-directional screening and proprietary sensors to distinguish between everyday items and potential threats, maintaining high throughput while ensuring safety.

Xtract One Technologies (OTCQX: XTRAF) has secured a significant contract to deploy its SmartGateway screening solution for a major global performing arts company. The initial deployment will cover dozens of venue locations for touring performances starting in 2025, with additional deployments planned through 2026.

The selection came after a successful trial period, with the client choosing Xtract One for its enhanced weapons detection capabilities, streamlined entrance experience, and portability for tour environments. The SmartGateway system uses AI-powered sensors to discreetly scan for weapons and prohibited items, eliminating the need for traditional metal detectors. Notably, the company's Multi-Sensor Gateway portfolio has received the U.S. Department of Homeland Security SAFETY Act Designation as a Qualified Anti-Terrorism Technology.

Xtract One Technologies (OTCQX: XTRAF) has been selected by Meridian Public School District (MPSD) in Mississippi to implement its SmartGateway security system across their campuses. The initial deployment will begin at the High School, with plans to expand to all ten campuses, protecting over 4,500 students and 1,000 employees.

SmartGateway, powered by AI sensors, replaces traditional metal detectors with advanced weapons screening technology that can detect concealed threats like guns and knives while maintaining a non-invasive, welcoming environment. The system allows for uninterrupted flow of movement without requiring individuals to remove personal items.

Xtract One Technologies (OTCQX: XTRAF) has been selected by Mecklenburg County Public Schools in Virginia to implement its Gateway weapons detection system across the district's secondary schools. The Gateway system is specifically designed to enhance school security while maintaining efficient student flow.

The system offers advanced bi-directional screening and can process individuals up to four times faster than traditional methods. Unlike conventional security systems, Gateway can detect weapons while allowing students to keep their personal items like laptops, backpacks, and electronics, eliminating the need for separate X-ray machines or additional staff for bag checks.

Xtract One Technologies (OTCQX: XTRAF) has been selected by San Mateo Medical Center to implement its SmartGateway AI-powered weapon detection system at their main campus, with plans to expand to satellite clinics. The deployment aligns with California's Assembly Bill 2975, which requires hospitals to implement weapons detection screening policies.

The implementation addresses the critical security needs in healthcare facilities, where violent incidents are five times more frequent than in other industries. SmartGateway's AI-powered sensors provide unobtrusive scanning of guests for weapons and prohibited items, offering a more efficient alternative to traditional metal detectors by eliminating the need to empty pockets and reducing security line wait times.

Xtract One Technologies reported Q3 fiscal 2025 results with revenue of $3.5M, down from $4.7M in the prior year, and maintained a strong gross margin of 57%. While experiencing delayed deployments, the company's contractual backlog grew to $15.4M, with an additional $21.1M in pending installations. The company announced its new Xtract One Gateway security platform, certified in both Canada and US, will begin shipping in July with $6.7M in orders from five customers. The company reported a comprehensive loss of $3.3M compared to $2.7M in the previous year. Despite lower quarterly revenue, management remains optimistic about Q4 and future growth, citing new contracts with the Colorado Rockies and an international entertainment company.