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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. It uses artificial intelligence, video analytics, and mobile data collectors to inter-connect public transportation assets within a smart city ecosystem. Its platform-as-a-service business model is centered around wirelessly enabled mobile data collectors which forms the foundation of its data company evolution. It engineers, manufactures and distributes high-definition mobile video and data solutions for a range of markets including school districts, law enforcement, public transit authorities, as well as the United States military. Its video management and video analytics software may be used in mobile or desktop applications for managing video evidence of incidents. Its solutions include Purchek, Business Intelligence, CartControl and CartManager Ultra.


TSXV:GSI - Post by User

Comment by TopStockBuyon Feb 12, 2021 1:12pm
195 Views
Post# 32553769

RE:Septa meeting

RE:Septa meetingI'm confident the Septa contract will be awarded but possibly delayed due to Covid.  You can view the Septa 2021 Budget here:  

https://septa.org/strategic-plan/pdf/FISCAL-YEAR-2021-Operating-Budget-rev-20-08-07.pdf

On Page 216, you can see they have $21.5 Million Dollars USD budgeted for Video Surveillance for each year from 2021 - 2026.  Those contracts are worth a whole lot more than $30 million CAD.  I'm pretty sure Gatekeeper will get a slice of that pie each and every year.  Gatekeeper is providing the analytics for the existing cameras and that is not going to change.  Expect this contract to be renewed and hopefully expanded. 

Summary:
Video Surveillance $21,489 $21,489 $21,489 $21,489 $21,489 $21,489
SEPTA has purchased and installed more than 28,500 cameras on vehicles and at stations. These cameras have been used in conjunction with a partnership between SEPTA and the City of Philadelphia District Attorney’s Office to reduce fraudulent claims on the system. The cameras have also been instrumental in defending claims and lawsuits brought against SEPTA. The camera systems have had a substantial effect on Claims and Legal practices and savings are expected to continue in future years. 
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