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Bullboard - Stock Discussion Forum 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. It uses artificial intelligence, video analytics, and mobile data collectors to inter-connect public transportation assets within a smart city ecosystem. Its... see more

TSXV:GSI - Post Discussion

Gatekeeper Systems Inc > Another OEM Contract
View:
Post by Steady77 on Jan 12, 2022 8:07am

Another OEM Contract

Abbotsford, BC - TheNewswire - January 12, 2022 - Gatekeeper Systems Inc. (‘Gatekeeper’ or the ‘Company’) (TSXV:GSI) (OTC:GKPRF) (FSE:1GK) a video and data solutions provider for public transportation and smart cities, is pleased to announce it has been awarded a contract for approximately C$140,000 to equip a fleet of school buses under the Company's Platform-as-a-Service (PaaS) business model from a Blue Bird OEM school bus dealer in Southeast U.S.  

The PaaS solution is centered around mobile data collectors that record and analyze video, audio, GPS location and data on the school bus, and becomes the on-board intelligence platform for future applications such as passenger counting, contact tracing and more. Interior cameras and exterior 360 degree viewing systems enable a safer transportation environment both inside and outside the school bus.

School districts are rapidly embracing video and data solutions on school buses to help provide a safer transportation environment for school children. Gatekeeper has installed approximately 40,000 intelligent mobile data collectors and 100,000 video devices on school buses, for over 3,500 school district customers.

Comment by eratic on Jan 12, 2022 8:17am
So $620,000 already on the books, not to mention the reoccurring revenue opportunity. Not a bad way to start the year!
Comment by thelostarc on Jan 12, 2022 10:27am
Just as important, Dyment is now sharing contracts as they come in. This is a welcome shift in communication style. The Gatekeeper team starting the calendar year strong, keep it up!
Comment by ol_griz on Jan 12, 2022 10:31am
Indeed.  Breathing a little easier after 32 in a couple of weeks.  Keep 'em coming.
Comment by ol_griz on Jan 12, 2022 10:34am
Oops! That's 3.  Better not get ahead of ourselves! BTW, this reminds me of what's happening over at QIPT (former PTQ) - everyone expecting/hoping for the big acquisition but they keep chugging along buying up the mom and pops.  Slow and steady rise in SP instead of the big gap.
Comment by Ciao on Jan 12, 2022 9:16am
These are "fleet" contracts and for competitive reasons it the number of buses are not disclosed. I am however curious what the cost to outfit each bus is relative to their previous offerings. Granted there is the kicker of re-curring rev as well. It looks like a win-win here and reminds me of a similar pattern of news releases in June 2020.
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