Xtract One Technologies announced the appointment of two new hires, Joshua Douglas and Christopher Feusner, as the Company’s new Senior Vice President (SVP) of Product & Engineering and Vice President (VP) of Sales, respectively. Joshua is a recognized expert in the fields of behavioral analytics, cybersecurity, and physical security.Chris is a 20-year security industry veteran with skills in understanding, developing, and deploying effective go-to-market strategies across multiple industries, forged from his years spent as a systems integrator and a manufacturer.
Xtract One Technologies announced its SmartGateway patron screening solution was selected by Simmons Bank Liberty Stadium, a 58,000-capacity stadium in Memphis, Tennessee, to secure entrances for its live events. The property is owned by the City of Memphis and is managed by global sports and entertainment company Oak View Group (OVG), which announced a strategic partnership with Xtract One in October 2022.
Xtract One Technologies announced that MSG Sports will invest up to C$13.4 million (US$10 million) in Xtract One, a leading security technology company that prioritizes the patron access experience by leveraging AI. The initial investment of C$8.4 million (US$6.3 million) is effective immediately, with the subsequent investment of C$5 million (US$3.7 million) being conditional on the approval of Xtract One’s shareholders and all applicable regulatory approvals (together the “Investment”).