contracts

Gatekeeper Systems Inc. reported lower revenue and a loss for fiscal 2025 due to a non-recurring contract, but core business grew. Strategic investments in sales and technology are fueling expansion, evidenced by significant new contracts like the $27M MTA deal. The company raised $25M, strengthening its financial position. Despite increased expenses impacting profitability, Gatekeeper is transforming into a Platform-as-a-Service model with a focus on recurring revenue and global growth.

Following Elon Musk and Donald Trump’s public disagreement, the fallout continues. The White House is reviewing SpaceX’s multi-billion dollar contracts with the Department of Defense and NASA. This includes assessing SpaceX’s role in missile defense systems. The government is preparing potential retaliatory measures, giving it options should the political situation worsen despite Musk’s retracted threat to retire SpaceX’s Dragon spacecraft.