- GSAC Engineering secures a $550,000 contract renewal with potential to exceed $1 million.
- The contract covers security monitoring services in Florida government facilities.
- Deployment of GSAC's Intelligent Corrections Automation System (iCAS) technology.
GelStat Corporation's subsidiary, GSAC Engineering, has successfully renewed a four-year service contract valued at $550,000, which could potentially exceed $1 million through additional work orders. The contract will be effective from March 19, 2025, to January 31, 2029. It involves providing security monitoring services for three government-operated detention and judicial facilities in Florida.
Central to the service offering is GSACe's proprietary Intelligent Corrections Automation System (iCAS), a sophisticated software suite that streamlines access control, communications, and device management into a single platform. This system includes an Encrypted Control Device designed to protect facility entry points and shield critical systems from external threats, ensuring robust security measures are in place.
Javier Acosta, the CEO of GelStat, emphasized that the renewal demonstrates the trust earned from their clients and aligns with the company’s strategic focus on long-term, scalable partnerships. Additionally, GelStat is exploring new safety solutions to expand its technology suite and is actively engaging in expansion efforts with local and state agencies to secure additional contracts.
For more details, visit the GelStat investor relations website at gelstat.com/investors.
