Jun. 10 at 10:35 PM
$GKPRF ..................GKPRF – Late-Day PR Worth Flagging
Gatekeeper just released a late PR confirming that the Oregon transit project announced last year has been upsized and is now underway. A few factual points that stood out:
Project increased from US
$1.4M to US
$1.75M
OEM factory installation will be done through GILLIG, one of the major U.S. transit bus manufacturers
Mobile Data Collectors for this deployment will support up to 16 TB per vehicle
Annual subscriptions increased from US
$50K to US
$55K, locked in for 5 years
Company expects to recognize the majority of revenue in Q4 (ending Aug 31, 2026)
This is an expansion of an existing customer relationship, not a new contract, and it adds both near-term revenue and additional recurring revenue. The OEM installation through GILLIG is also notable from a strategic standpoint.
Just sharing the update for anyone tracking the operational side.