This deployment addresses growing violence against healthcare workers and expands Xtract One’s footprint across Canadian healthcare providersTORONTO, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Xtract One Technologies (TSX: XTRA)(OTCQX: XTRAF)(FRA: 0PL) (“Xtract One” or the “Company”) today announced its SmartGateway has been selected by Nova Scotia Health to strengthen security measures and provide AI-powered weapons detection across facilities province-wide, with an initial order of 25 systems. Nova Scotia Health, ...

Core Viewpoint - Xtract One Technologies Inc. has successfully completed a public offering, raising a total of $11,500,575 through the issuance of 15,334,100 units at a price of $0.75 per unit, including the full exercise of the over-allotment option [2][3]. Group 1: Offering Details - The offering consisted of 15,334,100 units, each comprising one common share and one-half of a common share purchase warrant, with the total gross proceeds amounting to $11,500,575 [3]. - Each warrant is exercisable into one common share until November 10, 2028, at an exercise price of $0.95 [3]. - The underwriters received a cash fee of $690,034.50 and 920,046 common share purchase warrants, which are exercisable at $0.75 until November 10, 2028 [4]. Group 2: Use of Proceeds - The proceeds from the offering will be utilized for working capital and general corporate purposes [4]. Group 3: Company Overview - Xtract One Technologies is a technology-driven provider of threat detection and security solutions, utilizing AI to enhance safety and improve user experiences [6]. - The company specializes in unobtrusive weapons and threat detection systems designed for various sectors, including schools, hospitals, and stadiums, aiming to deliver high security while maintaining a seamless flow of traffic [6].

Core Insights - Xtract One Technologies' Gateway system has been selected by Manor Independent School District to enhance security measures across its campuses [1][2][3] - The deployment is part of a broader multi-tier safety initiative that began in Fall 2024, aimed at improving long-term security processes [2][3] - The Gateway system is designed to detect weapons among everyday items, addressing key safety concerns for the district [2][3] Company Overview - Xtract One Technologies specializes in AI-driven threat detection and security solutions, focusing on unobtrusive weapons detection systems [5] - The company's Gateway solutions are tailored for various environments, including schools, hospitals, and stadiums, ensuring high security while maintaining a seamless experience for users [5] Deployment Details - The initial deployment includes seven Gateway systems at four high schools, with plans to expand to all 15 campuses in the district [2] - An additional 11 systems are planned for future deployment, solidifying the Gateway as a permanent part of the district's security strategy [2] Technology Features - The Gateway system utilizes advanced sensors to differentiate between everyday items and potential threats, allowing for faster screening processes [3] - It can streamline access up to four times faster than traditional methods while ensuring individual privacy and safety standards [3]

Core Insights - Xtract One Technologies has been selected by Temple University to implement its SmartGateway system for enhanced security at The Liacouras Center, aiming to improve patron experience while ensuring safety [1][2][3] Group 1: Company Overview - Xtract One Technologies specializes in AI-driven threat detection and security solutions, focusing on creating unobtrusive weapons and threat detection systems [5] - The company aims to provide seamless and secure experiences, enhancing safety while allowing for improved ingress at venues [5] Group 2: Partnership and Implementation - The partnership with Oak View Group (OVG) facilitates the deployment of SmartGateway, which replaces traditional metal detectors with advanced screening technology [1][2][3] - The SmartGateway system is designed to identify potential threats discreetly, optimizing the entry process for patrons and enhancing overall event experience [3][5] Group 3: Venue and Context - The Liacouras Center is a 10,000-seat multi-purpose venue that hosts various events, making security a critical concern, especially during busy periods like graduation [2][6] - The implementation of SmartGateway is timely, addressing the need for improved security measures in light of increasing attendance and event frequency [2][3]

Core Insights - Rapid7, Inc. has been recognized as a Leader in the IDC MarketScape: Worldwide Exposure Management 2025 Vendor Assessment, highlighting its strong position in the threat detection and exposure management market [1][7] Company Overview - Rapid7 is focused on creating a safer digital world by simplifying cybersecurity and making it more accessible, serving over 11,000 global customers [6] - The company offers a comprehensive security solution that integrates cloud risk management with threat detection and response [6] Product Highlights - The Command Platform, an AI-powered security operations platform, is central to Rapid7's offerings, providing unified solutions for exposure management and threat detection [2][3] - Exposure Command enables organizations to detect and prioritize exposures across hybrid environments, offering full visibility into their attack surface and risk-based vulnerability prioritization [3][4] Market Positioning - The IDC MarketScape report emphasizes the importance of prioritization for security teams, noting that Rapid7 connects visibility, asset classification, and prioritization effectively [4][7] - Rapid7's capabilities include a normalized view of the attack surface, real-world risk prioritization, accelerated remediation, and scalability to complex environments [7]

Core Insights - Xtract One Technologies has been selected by Volusia County Schools to implement its Xtract One Gateway system to enhance school security screenings for the 2025-2026 school year [1][2] - The deployment will occur in two phases, starting in 2025 at high schools, with a total of 48 Gateway systems being installed [1][2] - The Gateway system allows for efficient scanning of individuals and their belongings without the need for removing bags, thus improving the screening process [2][3] Company Overview - Xtract One Technologies specializes in AI-driven threat detection and security solutions, focusing on unobtrusive weapons detection systems [5] - The company's technology aims to provide seamless security experiences while enhancing safety in various environments, including schools, hospitals, and stadiums [5] - Xtract One's Gateway solutions are designed to discreetly screen for weapons and threats at entry points without disrupting the flow of traffic [5] Industry Context - There is a growing trend among school districts to invest in advanced security technologies to enhance safety measures as the new school year approaches [2] - The decision by Volusia County Schools reflects an increasing demand for effective security solutions in educational environments [3] - The Xtract One Gateway system is positioned to redefine security experiences by balancing threat detection with user privacy and convenience [3]

Core Insights - Xtract One Technologies has been selected by Meridian Public School District to implement its SmartGateway system to enhance school safety across its campuses [1][2][3] - The SmartGateway system is designed to provide unobtrusive screening for concealed threats, ensuring a secure yet welcoming environment for students and staff [1][4] Company Overview - Xtract One Technologies specializes in AI-driven threat detection and security solutions, focusing on creating seamless and secure experiences for various facilities [6] - The company’s SmartGateway system replaces traditional metal detectors with advanced AI sensors that discreetly detect weapons and prohibited items without compromising privacy [4][6] Industry Context - The deployment of SmartGateway at Meridian Public Schools reflects a growing emphasis on proactive threat detection in educational institutions, aiming to maintain a safe learning environment for over 4,500 students and 1,000 employees [2][3] - The partnership between Xtract One and Meridian Public Schools highlights a commitment to enhancing safety protocols and creating positive learning environments [3][4]