Core Insights - Gatekeeper Systems Inc. has secured a contract valued at approximately US$5.4 million (C$7.5 million) to provide OEM transit video solutions for Alstom's SEPTA streetcar project [2][3] - The SEPTA streetcar project will introduce the new Citadis light rail range to North America, aiming to set a standard for modern urban mobility [2][3] - Alstom plans to deliver 130 full low floor electric streetcars, with options for an additional 30, designed for energy efficiency and a 20% reduction in energy consumption compared to standard light rail solutions [3] Company Overview - Gatekeeper Systems Inc. specializes in video and data solutions for public transportation safety, having served over 60 transit agencies and 3,500 school districts across North America [6] - The company has installed more than 63,000 Mobile Data Collectors, which record video and data from over 200,000 onboard devices daily [6] - Gatekeeper's business model is centered around its Platform-as-a-Service (PaaS) offering, which includes AI-assisted video analytics for incident management [6] Industry Context - Alstom is a global leader in rail transport systems, offering a wide range of mobility solutions including high-speed trains, metros, and trams, with a presence in 63 countries [5] - The SEPTA streetcar project is seen as a strategic initiative that could lead to future opportunities in the North American market [2][3]

Core Viewpoint - Gatekeeper Systems Inc. successfully closed a brokered private placement, raising a total of $11.5 million through the issuance of 9,585,250 common shares at a price of $1.20 per share, including the full exercise of the underwriters' option [2][4]. Group 1: Offering Details - The private placement was led by Canaccord Genuity Corp. and included underwriters such as Raymond James Ltd. and Cormark Securities Inc. [2] - The offering was completed under the "listed issuer financing" exemption from prospectus requirements in Canada [3]. - The net proceeds from the offering will be utilized for working capital and general corporate purposes [4]. Group 2: Company Overview - Gatekeeper Systems Inc. specializes in video and data solutions aimed at enhancing safety in public transportation [6]. - The company has provided solutions to over 60 transit agencies and 3,500 school districts across North America, with more than 57,000 Mobile Data Collectors installed [6]. - Gatekeeper's business model is centered around its Platform-as-a-Service (PaaS) offering, which supports AI-assisted video analytics for incident management [6].