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.

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper Mines

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 Copper Mine Costs 1/6 to Restart | SSR Mining X Roxmore

Why Cambria Hit Pause on Its Massive Copper-Gold Spinout

Can Gold Rescue Washington From Its Debt Trap? | Andy Schectman – Miles Franklin

Recommended

Mercado Minerals Lengthens El Triunfo Vein by 190 Metres, Readies 1,500-Metre Zamora Drill Program

Blue Jay Gold Signs Ocean Partners Deal to Ship Steller Stockpiles Through 2027

Related News

Gatekeeper To Assemble Data Center For AI Video Analytics Offerings

Gatekeeper Systems (TSXV: GSI) is focused on expanding its artificial intelligence based video analytics offerings,...
Thursday, February 29, 2024, 08:34:44 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 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 Receives Purchase Order For $5.1 Million

Gatekeeper Systems (TSXV: GSI) has received a major contract this morning. The company has obtained...

Monday, May 9, 2022, 08:43:59 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