08:30 AM EDT, 06/03/2025 (MT Newswires) -- Xtract One Technologies ( XTRAF ) on Tuesday said that its new security platform, Xtract One Gateway, is "on track" to start shipping as scheduled, in July.
The company said inventory is currently being built for at least five different customers, with an aggregate order value of about $6.7 million.
A company statement noted that the product has already been certified in the U.S. and Canada, with additional international markets anticipated to follow later this quarter. It has hosted numerous demonstrations and product trials with customers of all types including education, healthcare, manufacturing and distribution companies.
The company stated that Xtract One Gateway is designed specifically for scanning individuals and their belongings, "allowing seamless passage through checkpoints and eliminating the need for separate bag searches, thereby reducing screening times dramatically."
"I'm pleased to say that market response to the demonstrations of Xtract One Gateway has been strong," said Chief Executive Officer Peter Evans. "Shipments are set to begin shortly, and demand continues to rise, as we work on additional contracts following customer engagement. We've shown our unique threat detection capabilities to dozens of companies and are excited to see this product put to use in the very near future, in multiple applications and markets. After experiencing Xtract One Gateway, potential clients are thrilled at the way we can improve overall efficiency and safety by accurately, and quickly, alerting staff to dangerous items instead of just anything made of metal. The future of threat detection starts now."