GSI.V
Published on 06/26/2025 at 02:05
Gatekeeper Systems Inc. announced new contracts with school district customers in Canada, and comments on Transport Canada's recent regulaIon. Under the new contracts, school buses in certain school districts in Alberta, Manitoba, and BriIsh Columbia will be equipped with Mobile Data Collectors and video under the Company's PlaUorm-as-a-Service (PaaS) business model. The contracts have an aggregate value of approximately $450,000.
The recent Transport Canada regulaIon requires that, beginning on November 1, 2027, perimeter visibility systems be installed on all new school buses. As an experienced provider of school bus video soluIons, Gatekeeper was selected as a pilot project supplier for this iniIaIve and installed its 360 Surround Vision perimeter visibility systems on pilot project school buses in BriIsh Columbia and Ontario. Transport Canada esImates the costs of this regulaIon to be $196 million in present value between 2024 and 2036 and esImates 65,105 school buses will be affected by 2036.