financetom
Business
financetom
/
Business
/
Xtract One Technologies Wins Security Contract With Automotive Manufacturer
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Xtract One Technologies Wins Security Contract With Automotive Manufacturer
Oct 22, 2024 12:10 PM

07:44 AM EDT, 10/22/2024 (MT Newswires) -- Xtract One Technologies ( XTRAF ) said Tuesday that its AI-based security system has been chosen by a global automotive manufacturer to secure five of its North American facilities.

System deployment will start at the manufacturer's Tennessee and Ohio locations, with plans for future installation at more facilities, a statement said. The systems unobtrusively scans patrons for weapons and other prohibited items as they walk through.

"We're excited to be working with another major player, our fourth, in the automotive field and to be expanding our growing scope of innovative customers across different industries," said Xtract Chief Executive Peter Evans.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Equitable Holdings Insider Sold Shares Worth $332,633, According to a Recent SEC Filing
Equitable Holdings Insider Sold Shares Worth $332,633, According to a Recent SEC Filing
Oct 16, 2025
05:23 PM EDT, 10/16/2025 (MT Newswires) -- Jeffrey J Hurd, Chief Operating Officer, on October 15, 2025, sold 6,790 shares in Equitable Holdings ( EQH ) for $332,633. Following the Form 4 filing with the SEC, Hurd has control over a total of 75,098 common shares of the company, with 75,098 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1333986/000162828025045246/xslF345X05/wk-form4_1760649548.xml ...
Trump says price of Ozempic will be lowered
Trump says price of Ozempic will be lowered
Oct 16, 2025
WASHINGTON, Oct 16 (Reuters) - U.S. President Donald Trump said on Thursday that the price of Novo Nordisk's best-selling weight-loss drug would be lowered and that negotiations over price changes would be swift. Trump made the comments during a White House event on fertility treatments and drug pricing. He was asked by reporters to identify the name of a drug...
Automotive Properties REIT Completes $52.5 Million Automotive Dealership Portfolio Acquisition
Automotive Properties REIT Completes $52.5 Million Automotive Dealership Portfolio Acquisition
Oct 16, 2025
05:21 PM EDT, 10/16/2025 (MT Newswires) -- Automotive Properties Real Estate Investment Trust (APR-UN.TO) said on Thursday it closed the acquisition of a Quebec property portfolio consisting of three automotive dealerships for $52.5 million. The three locations are situated along a commercial corridor, comprising Subaru Des Sources, Honda Des Sources, and Volkswagen Des Sources, which collectively occupy 140,693 square feet...
Lender WaFd's Q4 interest income rises on lower cost of deposits
Lender WaFd's Q4 interest income rises on lower cost of deposits
Oct 16, 2025
Overview * WaFd Inc ( WAFD ) Q4 net income decreases 2% compared to prior quarter * Net interest income for Q4 rises to $169.9 mln * Company repurchased 969,653 shares at $29.74 per share Result Drivers * LOAN ORIGINATIONS - Co reports 103% increase in new loan originations over Q3, signaling increased client activity * BUSINESS MODEL SHIFT -...
Copyright 2023-2025 - www.financetom.com All Rights Reserved