Gatekeeper Systems Inc V.GSI

Contract

[davewho]

Future of Transit - Cascades East Transit

Gatekeeper Announces Contract with Cascades East Transit - Gatekeeper Systems (gatekeeper-systems.com)

[Ciao]

A significant milestone as it is another transit agency, though a small transit agency serving central Oregon with 18 bus lines. It's a start and will help build their reputation and branding with some smaller operators first, perhaps a niche market for them. "The transit vehicles will be equipped with Mobile Data Collectors, driver panic buttons, and multiple video recording devices

[Ciao]

And we still have rumors of a potential contract with Miami....

[1bananaman]

      Guess he didn't like us counting the sheckles so no completion date- HA HA! Almost understandable if to keep confideniality.GLTA LONGS!

[Ciao]

In the U.S. there are over 900K public transportation buses. https://www.apta.com/wp-content/uploads/APTA-2022-Public-Transportation-Fact-Book.pdf At 0.5% market share (4,500 buses) for their systems at an average of $8.4K CDN / bus, that represents $38M of opportunity / year. Currently 20% of the buses do not even have video cameras / systems.

[sumpineh]

That's a lot of potential business and the exposure from this contract should lead to many more.

[davewho]

it may surprise a few that the new state of the art electric buses are over 1M$ each. $1.5mC Didn't Miami Transit just order 100? Not likely they will cheap out on the camera systems to protect them. IMO Miami-Dade Transit awards NFI a contract for 100 zero-emission, high-capacity New Flyer buses and associated charging infrastructure - New Flyer | North America’s Bus Leader