For the last several months, I’ve been writing to you about a small Canadian technology company that’s developed a radical new solution to the problem of terrorism in all of its forms.
by Alex Koyfman
I’m talking about school shootings, bombings, hijackings… just about any event you can imagine where an individual or a small group can inflict massive suffering on the general population.
The technology(NYSEARCA:XLK) is a quantum leap forward on two levels: technical and psychological.
On the technical level, it has the ability to pick out potential offenders with a near 100% success rate based on the molecular composition of the items they are carrying.
Sounds a bit like a metal detector, right? Wrong.
These devices do detect metal, but they can also detect non-metal chemical compounds such as explosives.
Most importantly, however, is that it does more than detect.
Using sophisticated artificial intelligence algorithms, it can actually determine the nature of the item you have on your person.
It can tell the difference between a cell phone, a wristwatch, a gun, a bomb, a knife, and any of a countless number of other items, and it can do so with near infallibility.
But that’s just part of the equation. The other part, the psychological prong, is where the real game-changing nature of this technology comes into play.
You see, these devices will be invisible to outside observers.
The Stress of Security, Redefined
Unlike current metal detection gates, like the kind you walk through on your way through airport security, these sensors are buried in walls and ceilings and are networked to create scanning zones that entire groups of people can pass through simultaneously, without ever being aware that they’re being scanned.
Can you imagine what it would be like to never have to stand in line at TSA checkpoints at the airport?
That’s the psychological aspect of this innovation, and, unlike all security-minded technologies that have come before it, it will actually improve foot traffic and the physical appearance of every environment in which it’s installed.
In the event that a would-be offender steps into a detection zone with a concealed weapon, the response from authorities would be immediate and unambiguous.
These algorithms are so well calibrated at this point that the system can just about determine the make and model of the firearm entering its radius of effect.
So that’s the background.
Here’s what’s new.
Just last week, the CEO of this company announced that this system will be installed, for the first time ever, in an American high school and an American university.
The names of the institutions have not been made public for obvious reasons, but in these pilot programs for this disruptive new technology, the exposure to real-world environments will serve to further hone and refine the algorithms.
Mass Rollout Imminent?
Why not just start installing them everywhere, you might ask?
The reason is simple: Given the sensitive nature of this technology and the panic a false alarm may bring (just imagine a SWAT team rushing to the scene), it is of utmost importance that the algorithms are as refined as possible before a mass rollout can be effected.
And there’s nothing besides natural environment exposure that can do that.
Think of machine learning as no different than human learning. You need constant stimulus from a variety of seemingly chaotic environmental factors for true artificial intelligence to be achieved.
These two development programs represent one of the final stages of this process and will be followed, most likely within this calendar year, by a slew of new installations.
Once that happens, the client list is almost endless.
Last year, right after this company got FCC approval to market in the U.S., it held a demonstration in Las Vegas for the benefit of that town’s hotels and casinos.
That market alone could be worth hundreds of millions in sales for this company.
When you factor in major buyers like the state and federal governments, that figure balloons into the tens of billions — and that’s still just within the North American market.
Now… Lets Talk Business
This company, as I said in the beginning, is tiny… just barely over $100 million.
For a tech company, that still places it securely within the realm of a startup.
And yet it has a product with the ability to alter the world for the better on multiple levels.
Unlike most startups, however, this company isn’t awaiting an IPO or a buyout or anything like that.
It’s already public, trading on both American and Canadian exchanges.
That means you can go out and buy the stock right now if you are so inclined.
Before you rush off to do that, however (in the event that you’ve already figured out the name), I urge you to do your due diligence.
To make things easier for you, I’ve recently put together a short but highly informative video presentation on what this technology does, how it works, and, of course, the people behind it.
If you think the product itself is impressive, wait until you see the team that made it happen (it even includes the first-ever Secretary of Homeland Security as an advisor).
Take a minute and view the video, and then decide for yourself.