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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Xtract One Technologies Inc | TSX:XTRA | Toronto | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.66 | 0.65 | 0.66 | 0.67 | 0.65 | 0.67 | 53,260 | 20:59:59 |
Safe Skies, an independent third-party, non-profit organization funded by the Federal Aviation Administration, conducts thorough testing of security systems’ detection capabilities, reliability, and maintainability under active airport operational and environmental conditions. Safe Skies performs its evaluations under an ISO 9001:2015-approved Quality Management System.
Xtract One completed this testing to verify SmartGateway’s capabilities as a potential security solution for airport operations. Evaluated at Oakland International Airport–which welcomed over 11 million passengers through its gates in 2023–SmartGateway revolutionizes facility security by replacing intimidating, traditional metal detectors with fast, reliable, and seamless screening solutions. Leveraging AI-powered sensors, SmartGateway discreetly and accurately scans people for weapons and prohibited items upon entry, without invading their sense of privacy and comfort. This advanced technology reduces time spent in security lines and expedites the travel process through allowing for quick, safe entry.
Safe Skies’ Airport Security System Integrated Support Testing (ASSIST) Program seeks to fulfill its core purpose of helping airport operators meet their security responsibilities using a transparent process for identifying, selecting, and executing projects that are designed to create a more efficient and effective airport security system.
“As third-party testing remains a pillar of our transparent approach to this industry, we’re excited to have completed this operational test and evaluation, and to add it to our growing list of completed third-party assessments,” said Peter Evans, CEO at Xtract One. “This further amplifies the use cases of our technology, and its effectiveness in securing–and ultimately improving–the airport ecosystem. With the recent TSA mandate that airports of a certain size will be required to screen employees, and as airports continue to modernize and advance security protocols, SmartGateway offers reliable and unobtrusive solutions to streamline operations and the overall travel experience.”
Safe Skies’ evaluation report entitled SSDA—24-022 Xtract One SmartGateway Aviation Worker Screening System was published in May 2024. This report is available to qualified airport personnel at US commercial-service airports via the Homeland Security Information Network (HSIN) or by contacting anna.hamilton@sskies.org.
To learn more, visit www.xtractone.com.
About Xtract OneXtract One Technologies is a leading technology-driven threat detection and security solution leveraging AI to provide seamless and secure patron access control experiences. The Company makes unobtrusive threat detection systems that enable venue building operators to prioritize and deliver improved patron experiences while providing unprecedented safety. Xtract One’s innovative Gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic. Its AI-based software allows venue and building operators to identify weapons and other threats inside and outside of facilities, and receive valuable intelligence for optimizing operations. For more information, visit www.xtractone.com or connect on LinkedIn, X, and Facebook.
About ASSISTSafe Skies’ Airport Security System Integrated Support Testing (ASSIST) Program is a collaborative effort between US commercial-service airports, the Transportation Security Administration, the Federal Aviation Administration, Airports Council International-North America, American Association of Airport Executives, and Airport Consultants Council. Safe Skies created the ASSIST Program to fulfill its core purpose of helping airport operators meet their security responsibilities using a transparent process for identifying, selecting, and executing projects that are designed to create a more efficient and effective airport security system.
Forward Looking StatementsThis news release contains forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are “forward-looking statements”. Forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward looking statements. Such risks and uncertainties include, but are not limited to, the risks detailed from time to time in the continuous disclosure filings made by the Company with securities regulations. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. Although the Company has attempted to identify important risk factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other risk factors that cause actions, events or results to differ from those anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking statements. The Company has no obligation to update any forward looking statement, even if new information becomes available as a result of future events, new information or for any other reason except as required by law.
For further information, please contact:Xtract One Inquiries: info@xtractone.com, http://www.xtractone.com Investor Relations: Chris Witty, Darrow Associates, cwitty@darrowir.com, 646-438-9385Media Contact: Kristen Aikey, JMG Public Relations, kristen@jmgpr.com, 212-206-1645
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