Gatekeeper Secures $1.2 Million To Retrofit Entire Bus Fleet For School District

Gatekeeper Systems (TSXV: GSI) has managed to secure another contract south of the border. The latest arrangement comes from within the State of Tennessee, where the company has signed a new deal with a local school district.

The transaction, which is with an unnamed school district in the state, will see the district upgrade its entire fleet of school buses with tech from Gatekeeper. A total of 390 buses are to be retrofitted under the deal, which will see the installation of mobile wifi, interior and exterior video, and mobile data collectors.

The customer is said to be a returning customer, with Gatekeeper tech having previously been installed on a portion of the bus fleet. Now, the company is moving to fully deploy the tech across its entire fleet after having experienced the firms offerings.

In total, the arrangement has a value of $1.2 million, which will consist of upgrading the remainder of the districts buses.

“As we prepare for the back-to-school season, parents and school districts alike are mindful of the importance of providing both a safe transportation environment for students as well as technology to help maximize learning. Our video, data, and new Mobile Wi-Fi solutions are very effective in these endeavors,” said CEO Doug Dyment.

The latest contract follows a $2.35 million contract entered into last month with the Southeastern Pennsylvania Transit Authority, one of the firms largest customers.

Gatekeeper Systems last traded at $0.31 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.

Video Articles

Why Silver Needs to Slow Down to Go Higher | Dan Dickson – Endeavour Silver

Silver Dips Are Getting Bought, This Is How Breakouts Start | John Feneck

Why $100 Silver Right Now Would Be a Problem | Keith Neumeyer – First Majestic

Recommended

Mercado Begins Field Exploration At Copalito In Advance Of Planned Drill Program

Antimony Resources Drills 8.48% Sb Over 3 Metres, 2.07% Sb Over 27 Metres At Bald Hill

Related News

Gatekeeper To Install Tech Into 120 School Buses Under Latest Contract

Gatekeeper Systems (TSXV: GSI) continues to expand its business, announcing this morning that it has...
Thursday, February 15, 2024, 08:41:25 AM

Gatekeeper Reports $20M Top Line Revenue for FY2022; 16% Growth

This morning Gatekeeper Systems (TSXV: GSI) released their 2022 fiscal full-year earnings. The company earned...

Monday, December 19, 2022, 09:31:45 AM

Gatekeeper Systems Sees Second Major Order For New Mobile Wi-Fi System

Orders continue to come in for a new product recently launched by Gatekeeper Systems (TSXV:...

Tuesday, March 15, 2022, 08:37:55 AM

Gatekeeper Systems Signs Master Services Agreement With National Express

Gatekeeper Systems (TSXV: GSI) continues to execute upon its business strategy. The firm this morning...

Wednesday, June 1, 2022, 08:46:03 AM

Gatekeeper Systems: Protecting People In Transit – The Daily Dive

Joining us for the first time on the Daily Dive today is that of Doug...

Monday, May 16, 2022, 01:30:00 PM