Gatekeeper Receives Additional $4 Million Contract from SEPTA

On Monday, Gatekeeper Systems Inc (TSX: GSI) announced their US subsidiary has received an additional C$4M contract from the Southeastern Pennsylvania Transit Authority (SEPTA) for transit bus video upgrades and mobile data collector upgrades.

The goal of Gatekeeper’s platform is to provide video and data solutions designed to provide a safer transportation environment for children, passengers, and public safety personnel on multiple transportation modes. Thus, making the relationship with SEPTA a strong validation of the company’s solutions for future partners.

SEPTA has become Gatekeeper’s largest customer with C$12.7M in aggregate contracts during the 2022 calendar year.

CEO Doug Dyment joined Cassandra Leah on the Daily Dive last May.

Gatekeeper last traded at 21c on the TSX Venture.

FULL DISCLOSURE: Gatekeeper Systems is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Gatekeeper Systems on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.

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