Xtract One Technologies Inc.

TORONTO, A6 · CIK 0001684505 · Defense · Public

AI-powered weapons detection system for security screening

xtractone.com →

Grants: —; No SBIR or STTR on record; Sector median: 2
Raised: $8.0M; 6 Form D · Jun 2025; 16 months since last filing
Contracts: —; No federal contracts on record
Patents: 13; 6 granted · 7 pending; Sector median: 0

Capital Timeline

Federal above the line · equity below · node area scaled to amount

Federal ↑Equity ↓

20162018202020222024

Capital and federal award history
Date	Event	Source	Amount
22 Nov 2016	Private capital raised· 1 of 2 same day	Form D · SEC	$149,905
22 Nov 2016	Private capital raised· 2 of 2 same day	Form D · SEC	$31,323
20 May 2022	Private capital raised	Form D · SEC	$59,942
22 Feb 2023	Private capital raised	Form D · SEC	$6,307,253
07 May 2024	Private capital raised	Form D · SEC	$1,148,709
23 Jun 2025	Private capital raised	Form D · SEC	$256,721

Form D · SEC

Peer position

Defense · 1442 companies · ranked on federal contract value

Defense companies ranked by federal contract value
#	Company	Contracts	Disclosed equity
1252	wi-fiber	—	$1.1M
1253	SAMEGRAIN, INC.	—	$550K
1254	MRV SYSTEMS LLC	—	—
1255	Xtract One Technologies Inc.	—	$8.0M
1256	CTW Development Company, LLC	—	—
1257	PERISCOPE AVIATION LLC	—	—
1258	Primal Space Systems Inc.	—	$8.0M

Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.

Founders & Team

From Form D filings · 14 related persons

Victoria CalvertDirector
Martin CroninDirector · Executive Officer
Joshua DouglasExecutive Officer
Peter EvansDirector · Executive Officer
John GilliesDirector
Karen HershExecutive Officer
Dinesh KandanchathaDirector · Executive Officer
Robert LexExecutive Officer
William MaginasDirector
Malana MichaelExecutive Officer
Lea RayDirector
C. Scott M. ShepherdDirector
Jeff TindaleDirector
Peter Van Der GrachtDirector

Patents

USPTO · 6 granted of 13

19 May 2026System And Method Of Multi-lane Elevated Body Temperature Preventative Scanning Solution Using Gige Vision And Trackinggranted
24 Mar 2026System And Method Of Adaptive Transmitter For An Object Detection Systemgranted
03 Mar 2026System And Method Of Fully Polarimetric Pulsed RADARgranted
10 Jul 2025System And Method Of Object Classification And Detection Using Magnetic Property Array-based Object Detection Systemapplication
01 Jul 2025System And Method For Using Artificial Intelligence To Enable Elevated Temperature Detection Of Persons Using Commodity-based Thermal Camerasgranted
10 Jun 2025System And Method Of Automated Logistical Vehicle Registration And Validation For Remote Monitoringgranted
23 Jan 2025System And Method For Automated Hardware Verification And Machine Learning Trainingapplication
02 Jan 2025Passive Magnetic Detection and Discrimination for Security Screeningapplication
12 Dec 2024Sensor Systems And Methods For Facility Operation Managementapplication
30 Jul 2024Sensor Systems And Methods For Facility Operation Managementgranted
09 May 2024System And Method Of Improving Sensor Response For A Magnetic Gateway Using A Magnetic Bucking Apparatusapplication
11 Jan 2024Array-based System And Method For Object Detection Noise Removalapplication

Regulatory activity · Defense

Sector-level, not company-level

11 Jun 2026Danger Zone; Waters of Carr Creek and Whitehall Bay in the Vicinity of the Naval Support Activity AnnapolisEngineers Corps
13 Mar 2026Federal Acquisition Regulation; Federal Acquisition Circular 2026-01; IntroductionNational Aeronautics and Space Administration
13 Mar 2026Federal Acquisition Regulation: Trade Agreements ThresholdsNational Aeronautics and Space Administration
13 Mar 2026Federal Acquisition Regulation; Federal Acquisition Circular 2026-01; Small Entity Compliance GuideNational Aeronautics and Space Administration
27 Aug 2025Federal Acquisition Regulation; Federal Acquisition Circular 2025-06; Small Entity Compliance GuideNational Aeronautics and Space Administration
27 Aug 2025Federal Acquisition Regulation; Federal Acquisition Circular 2025-06; IntroductionNational Aeronautics and Space Administration

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.