Core Insights - Argo Corporation reported its financial results for Q3 2025, highlighting the success of its Smart Routing™ AI-powered transit solution and its ongoing municipal deployments [1][2]. Financial Performance - The company recognized early revenue contributions from its Smart Routing™ deployment in BWG and anticipates revenue from a $10.9 million agreement with the City of Brampton starting from November 26, 2025 [3]. Product and Service Developments - Argo's Smart Routing™ system integrates electric buses, charging infrastructure, and real-time routing software to provide on-demand transit services [2]. - The deployment in BWG resulted in a 5.5x increase in monthly transit connections to Bradford GO Station compared to the baseline prior to the launch [5]. Strategic Partnerships - The company launched its service in downtown Brampton under a 12-month agreement, enhancing the existing public transit network [5]. - An agreement with Metrolinx allows for the integration of PRESTO fare collection devices on Argo's buses, facilitating seamless fare transfers with existing transit networks [5]. Market Expansion - Argo is actively engaging with multiple municipalities and transit agencies to expand its Smart Routing™ system, driven by interest following successful deployments [5].

Core Insights - Argo Corporation has launched its Smart Routing™ pilot service in Brampton, integrating with existing transit routes and the PRESTO fare system, providing an on-demand, fully electric service for residents [1][7][8] Group 1: Service Launch and Features - The Smart Routing™ service operates in downtown Brampton, allowing residents to use the Argo Transit app for on-demand transportation [1] - The service will run weekdays from 5:30 am to 9:30 pm as part of a 12-month pilot program, enhancing the existing Brampton Transit network [5] - Argo's system offers real-time connections to Brampton Transit and GO Transit, picking riders up near their doors in electric Argo X1 buses [5][6] Group 2: Impact and Integration - The partnership aims to increase transit ridership and improve service integration, as evidenced by previous success in Bradford West Gwillimbury, where average daily ridership more than doubled and monthly connections to Bradford GO Station increased by 5.5 times [6] - The agreement with Metrolinx allows for the installation of PRESTO fare collection devices on Argo's buses, facilitating seamless fare integration under Ontario's One Fare Program [7] Group 3: Statements from Officials - Brampton's Mayor Patrick Brown emphasized the importance of innovations like Argo's Smart Routing™ in shaping the future of urban transit and enhancing convenience for residents [2] - Brampton Transit General Manager Heidi Dempster highlighted the service as a modern solution for first- and last-mile connectivity [3] - Argo's CEO Praveen Arichandran noted the partnership's significance in demonstrating how Smart Routing™ can strengthen existing transit services in a major city [8]