- CEO
- Peter Evans
- Full Time Employees
- 69
- Sector
- Technology
- Industry
- Software - Application
- Address
- 257 Adelaide Street West Toronto ON Canada M5H 1X9
- IPO Date
- Nov 28, 2016
- Business
- Xtract One Technologies Inc. develops and commercializes AI-powered threat detection platforms and security gateway solutions that enable seamless patron screening for concealed weapons and prohibited items at points of entry without disrupting traffic flow or patron experience; core products include SafeGateway and SmartGateway for covert weapons detection using advanced sensors and AI algorithms, Xtract One Gateway featuring bi-directional screening and proprietary sensors to scan individuals, pockets, and bags while distinguishing non-threatening items such as laptops, phones, and water bottles, and Xtract One View, a cloud-based security management platform providing real-time monitoring, analytics, and centralized control over multiple entry points and perimeters. The company, founded in 2010 and headquartered at 257 Adelaide Street West, Suite 400, Toronto, Ontario, Canada, operates primarily in the physical security industry, serving arenas, stadiums, entertainment venues, casinos, workplaces, schools, hospitals, and other public facilities with a focus on layered, proactive threat detection; geographic operations span North America, the United Kingdom, France, Japan, and other international markets through strategic channel partners and resellers. Recent developments include the September 2024 launch of Xtract One Gateway to address medium-volume environments with personal belongings; expansion of SmartGateway deployments via a US$2.6 million follow-on contract in August 2025 with a major global entertainment organization, building on a prior US$5.1 million three-year deal; partnerships with Oak View Group for deployments at venues like Co-op Live arena in Manchester, England, and strategic investments including $13.4 million from Madison Square Garden Sports in 2023, a $7.2 million public offering plus $1.4 million private placement in April 2024, an $8 million bought deal in June 2025, and a $10 million bought deal announced in November 2025 to support working capital, international growth, and general corporate purposes; the company ended fiscal 2025 with a $15.5 million contractual backlog and $34.2 million in pending installations.