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US Department of veterinary affairs, hospitals, installation announcement. There are nine hospitals in Virginia alone and nearly 1300 across the states. This announcement is for Virginia area only…. https://finance.yahoo.com/news/xtract-one-technologies-selected-u-110000784.html
Just released, bring on the airport market! ….Xtract One Technologies' SmartGateway patron screening solution has successfully completed rigorous testing by the TSA for effectiveness and suitability, and as a result, will be included in the TSA’s 2023 approved product list.
The extensive testing was completed by Johns Hopkins University’s Applied Physics Laboratory (APL), the nation's largest university-affiliated research center, on behalf of the TSA.
Inclusion in the TSA’s approved product list reinforces the effectiveness of our SmartGateway technology as a reliable and high-performing solution for enhancing security and screening patrons.
To learn more, click the link below:
https://hubs.li/Q01VWKx_0
New instal @ Phoenix court building…. “We are honored to be working with the City of Phoenix to implement our SmartGateway technology to enhance the security and safety of those at the Court Building,” said Peter Evans, CEO of Xtract One. “We continue to speak with an increasing number of state and federal buildings, schools, and other public locations to protect their facilities. The priorities for each of these engagements, and for their choice of Xtract One is very similar – the requirement to cost-effectively detect weapons, the ability to fit the aesthetics of the building, and the flexibility to integrate with the unique requirements of each venue. We look forward to working closely with the City of Phoenix to provide a safe environment for all members of their community.”
Peter actually dropped the name Tesla, all speculation prior to if they were or were not, great to see that they actually are a customer of Xtract1’s.
Wonder what’s behind all of the volume today, Over a million shares traded. I don’t believe it to be a result from any recent announcements, feels like it might be something more to this! Anyway, great uptick today, really nice to see!
New installation at the Zekelman Holocaust Center… https://hubs.li/Q01MSmdV0
Evolv has a 2 to 2 1/2 year first mover advantage…recent law suites against Evolv, and the underlying science and statistics being an xtract’s favor will cause the pendulum to swing In our favor, Not as soon as I thought it would be admittedly. Recent Endorsement/partnerships by industry leaders/champion customers can only help validate the tech and give buyers some comfort in their purchase. The industry seems to have an old school mentality, an old boys club, I’ve read that some being former cops now salesman, selling to security execs whom have no ability to properly assess this AI tech-bedazzled by AI magic, that as it turns out, doesn’t work as promised, and puts their clientele seemingly in a compromised position, both legally and safety wise. I don’t see the longevity in Xtract’s “sales strategy” given the aforementioned. Extract1 is built to ride the long road to success with solid fundamentals and tech.
Good volume today, let’s hope the share price increase holds. News forthcoming? Let’s hope so, been very quite!
If you expect to be spoon fed think again. You’ll be covering soon enough, Of course, when good news comes out, so do the negative Nellies.
Ouch! report here on paid for & manipulated test results by Evolv, a ‘sponsor’ of NCS,
https://ipvm.com/reports/ncs4-sponsorships. When it comes to public safety truth & transparency is a must.
Did you bother to look? Easily found and hard to find anything negative considering where the company started from. You will be happy to know all the numbers you need for Q1 readily available…
Recent press release along with financials, looking good to say the least!…..
"I am pleased to share our first quarter results with investors for fiscal 2023. The Platform continues to experience incredible growth as the total value of contracts signed during the quarter was essentially equal to all contracts signed throughout all twelve months of last year,” stated Peter Evans, Chief Executive Officer of Xtract One. “We have been focused on satisfying the needs of our customers and expanding our presence in the marketplace. The 85% increase in the value of our Platform backlog and signed contracts compared to last quarter is a testament to the strong demand for our products and our ongoing effort to increase customer engagement. We continue to reach new milestones such as the recent strategic partnership with Oak View Group announced this past quarter and see this trajectory continuing throughout the balance of fiscal 2023.”
Goldfish, ahh what lovely view. Pocket resend
It certainly doesn’t help, AI is already largely misunderstood and probably a little bit
distrusted- especially in an old school industry. Thankfully we have a viable product, one that was built with the customers explicit needs in mind. Trials, third-party endorsements & champion customers whom have vetted our product and are successful with it, will go a long way in questions or concerns. All said, a longer sales cycle will be the reality with certain customers.
It certainly doesn’t help, AI is already largely misunderstood and probably a little bit
distrusted- especially in an old school industry. Thankfully we have a viable product, one that was built with the customers explicit needs in mind. Trials, third-party endorsements & champion customers whom have vetted our product and are successful with it, will go a long way in questions or concerns. All said, a longer sales cycle will be the reality with certain customers.
Substantial opportunity Lies before us in this vertical. As far as a Evolve’s system not working for knife detection, can you imagine the level of potential liability incurred financially as a result of their system not doing as expected?….” As far as recouping the millions of dollars invested in the Evolv System, Nolan said the district will have to decide on what course of action they will take with the vendor.
First school installation….momentum is building!…. https://finance.yahoo.com/news/patriot-one-technologies-protect-entrances-123000783.html
Patriot One announcing a school is a new customer, now we’re cook’n!…… https://patriot1tech.com/corporate-news/patriot-one-technologies-to-protect-entrances-to-schools-in-lakewood-school-district/
Patriot One announcing a school as a new customer, now we’re cook’n!…… https://patriot1tech.com/corporate-news/patriot-one-technologies-to-protect-entrances-to-schools-in-lakewood-school-district/
Just announced on their FB page, excellent endorsement from the experts!….
Patriot One Technologies Inc. Exciting news! We are honored to announce that we have won the gold award in both the Best Pedestrian Entrance Control and Best Metal/Weapons Detection Categories for the American Security Today ASTORS awards!
Another arena instal through OVG ….https://finance.yahoo.com/news/patriot-one-technologies-chosen-secure-123000735.html
With new emerging companies like P1, this is the champion type of customer we needed, I would presume the future looks much brighter now. Nobody likes being first on the dance floor, and here we have one of if not the largest venue mgmt leaders, here we go!
You’ll have to be a member of the group in order to see the post, sending you a link won’t work.
You will have to login to FB & request membership to see it, posted by one of the administrators on the P1 Investors site.
On the Patriot One Facebook forum, if you look at the latest post seems very encouraging, also mentions $63 mill pipeline up from $1 mill…we will see if the next financials will validate the post.
I believe they have over 36 customers Ellen and a full and active pipeline, financials will gives us a clearer picture.