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An announcement from Gatekeeper Systems ( (TSE:GSI) ) is now available.
Gatekeeper Systems has been awarded a pilot contract by the Toronto Transit Commission (TTC) for its Automated Streetcar Enforcement System (ASES), valued at approximately $460,000. This AI-assisted system will deploy video analytics to capture incidents, license plates, and process tickets automatically for motorists who fail to stop for streetcars. The initiative aims to enhance passenger safety on Toronto’s streetcar routes, which operate in mixed-traffic conditions. This collaboration positions Gatekeeper as a significant player in the public transit safety sector while supporting the TTC in addressing safety concerns effectively.
More about Gatekeeper Systems
Gatekeeper Systems Inc. is a leading provider of intelligent video and data solutions focused on enhancing transportation safety for children, passengers, and public safety personnel across multiple transportation modes. The company leverages AI, video analytics, and Mobile Data Collectors to integrate public transportation assets into a Smart City ecosystem through its Platform-as-a-Service business model.
YTD Price Performance: -21.55%
Average Trading Volume: 170,376
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$42.64M
See more insights into GSI stock on TipRanks’ Stock Analysis page.
