Gatekeeper Systems Closes Out March With Third Purchase Order, Pegged At $0.9 Million

Purchase orders continue to flow in for Gatekeeper Systems (TSXV: GSI). The company last night capped off the month of March by revealing it had received a third significant purchase order during the month.

The latest purchase order comes from the Southeastern Pennsylvania Transit Authority, whom is looking to procur ethernet switches and software configurations for its new bus fleet. The Authority is looking to obtain the material to enable wireless connectivity on its vehicles, while also upgrading its office servers.

The installation is expected to begin this month, with the purchase order amounts to C$915,000, the largest such order seen by the company during the month of March.

Receipt of the purchase order follows a $335,000 contract obtained for the firms new mobile wi-fi system designed for installation of school buses from an undisclosed school district. And that order followed the first such order for the new system being offered by Gatekeeper, which came in at $560,000, with the order coming from a separate school district.

The Southeastern Pennsylvania Transit Authority is said to be one of the largest such authorities in the US, providing transit services to a total of five counties within the Greater Philadelphia region, while also connecting to systems in two other states.

Gatekeeper Systems last traded at $0.49 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

This Gold Story Starts With Cash Flow | Gordon Robb – ESGold

Silverco Cusi Mine PEA: Bigger Isn’t Always Better

Fixing Heart Disease Tied to Sudden Death in Young People | David Elsley – Cardiol Therapeutics

Recommended

Total Metals Secures High Grade Critical Minerals Property In Northwestern Ontario

Discovery at Luis Hill Prompts Acceleration of Phase 2 Program for Questcorp

Related News

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...

Wednesday, August 17, 2022, 09:03:09 AM

Gatekeeper Keeps Momentum Rolling

On August 26th Gatekeeper Systems Inc. (TSXV: GSI) announced their intentions to complete a non-brokered...

Wednesday, September 9, 2020, 10:05:14 AM

Gatekeeper Systems Posts Record $37.8M Revenue In Fiscal 2024

Gatekeeper Systems Inc. (TSXV: GSI) this morning announced record financial results for the fiscal year...

Friday, December 20, 2024, 12:58:00 PM

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 Expands Product Portfolio With AI Dash Cam

Gatekeeper Systems (TSXV: GSI) is expanding its safety product suite given the recent rise in...

Tuesday, February 7, 2023, 11:11:00 AM