Categories: All postsAnalysts

Xtract One Technologies CFO Karen Hersh talks to Cantech Letter

Xtract One Technologies (Xtract One Technologies Stock Quote, Chart, News, Analysts, Financials TSX:XTRA) CFO Karen Hersh says the company’s frictionless weapons-detection systems are gaining momentum as security concerns rise across public and private venues.

Hersh told Ticker Take host Jon Erlichman that Xtract One’s goal is to make security both seamless and meaningful. She spoke during the 2025 Cantech Investment Conference in Toronto on October 9.

Hersh said the company’s core product is designed to let people enter buildings “just to walk right in,” without emptying pockets or removing personal items.

“If there’s a weapon, it will detect. And if there isn’t, then you’re just going in and having an amazing guest experience,” she said.

JON ERLICHMAN SITS DOWN WITH KAREN HERSH AT THE 2025 CANTECH INVESTMENT CONFERENCE

In an environment where people are increasingly anxious about large gatherings, she called fast, unobtrusive entry “fantastic” for both visitors and operators.

The company launched in stadiums and arenas, which Hersh described as an “obvious fit,” but demand has broadened quickly.

“We’ve been quickly pulled into new markets,” she said, citing healthcare, emergency rooms, schools, and even manufacturing and distribution facilities. Employers, she noted, are now using the technology to move staff into buildings “fast and quick… into their jobs faster,” creating what she called a “huge expansion” from the firm’s initial target market.

Hersh said she expects security to become a larger issue given weapon proliferation and rising social polarization.

“That’s the world we’re in today,” she said, adding that more people are now “focused and conscious about security in buildings.”

She pointed to new applications in healthcare, education, industrial sites and commercial properties, and said she believes the technology will become ubiquitous.

“Every facility is going to have some kind of security going forward,” Hersh said. “We’re very excited to be a part of that and help people feel safer in the world.”

-30-

Tagged with: xtra
Nick Waddell

Cantech Letter founder and editor Nick Waddell has lived in five Canadian provinces and is proud of his country's often overlooked contributions to the world of science and technology. Waddell takes a regular shift on the Canadian media circuit, making appearances on CTV, CBC and BNN, and contributing to publications such as Canadian Business and Business Insider.

Recent Posts

Is Greg Abel’s Berkshire Hathaway worth your investment dollars?

Baskin Wealth Management head of research Ernest Wong says Berkshire Hathaway (Berkshire Hathaway Stock Quote, Chart, News, Analysts, Financials NYSE:BRK.B)… [Read More]

2 days ago

Is Universal Display Corporation undervalued?

Roth Capital Partners analyst Scott Searle maintained his “Buy” rating and US$158.00 target on Universal Display Corporation (Universal Display Corporation… [Read More]

2 days ago

Verano Holdings remains undervalued, this analyst says

On Oct. 29, Haywood Securities analyst Neal Gilmer maintained his “Buy” rating and C$18.75 target on Verano Holdings (Verano Holdings… [Read More]

2 days ago

Celestica has way more upside, Citi says

Citi analyst Atif Malik raised his target on Celestica (Celestica Stock Quote, Chart, News, Analysts, Financials NYSE:CLS) to US$436.00 from… [Read More]

2 days ago

ALUULA Composites is an “underfollowed gem”, this analyst says

Beacon Securities analyst Russell Stanley initiated coverage of ALUULA Composites (ALUULA Composites  Stock Quote, Chart, News, Analysts, Financials TSXV:AUUA) with… [Read More]

2 days ago

Galaxy Digital wins new $41.00 target at ATB

ATB Capital Markets analyst Martin Toner raised his target on Galaxy Digital (Galaxy Digital Stock Quote, Chart, News, Analysts, Financials… [Read More]

3 days ago