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Gatekeeper Systems Inc V.GSI

Alternate Symbol(s):  GKPRF

Gatekeeper Systems Inc. is a Canada-based provider of intelligent video and data solutions designed to provide a safer transportation environment for children, passengers, and public safety personnel on multiple transportation modes. The Company uses artificial intelligence (AI), video analytics, thermal cameras, and mobile data collectors to inter-connect public transit assets as part of intelligent transportation systems in a smart city ecosystem. The Company’s platform-as-a-service (PaaS) business model is an enabling transformation to a video and data solutions provider for intelligent transit and smart cities. It offers mobile video solutions which integrate high-definition digital video (HDDV) with the global positioning system (GPS) for real-time vehicle location, time, date and telematics data, and provides a comprehensive 360-degree view inside and outside vehicles. Its wireless devices also provide real-time connectivity, streaming video, and vehicle tracking.


TSXV:GSI - Post by User

Post by Steady77on Oct 25, 2021 2:35am
308 Views
Post# 34043478

This Source Discusses the Value of SEPTA's ALE Contract

This Source Discusses the Value of SEPTA's ALE Contract According to sources familiar with the process, GKPRF quoted a contract to SEPTA after performing a proof-of-concept for just shy of $20M US annually to manage lane infractions. Apparently, SEPTA was "blown away" with GKPRF's capabilities. Allegedly, SEPTA's operations staff "loved GKPRF's software."

If this proof-of-concept were to turn into an actual contract, it is likely that 
in addition to the flat fee, GKPRF would also likely receive a service (i.e. variable) portion based on the number of tickets issued that could lead to additional revenue in the eight digit figures.

https://seekingalpha.com/article/4423971-gatekeeper-systems-smart-investment-in-smart-cities
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