GSI Technology Wins Phase 1 Deal to Build AI-Driven City Security System in Taiwan

MT Newswires Live05-19

GSI Technology (GSIT) won a Phase 1 contract from the Hsinchu County government in Taiwan for an AI-driven smart-city project, marking the company's first deployment of its Gemini-II Associative Processing Unit.

The Phase 1 award covers development of an open-architecture software platform, integration of video and user-interface capabilities, and a pilot system supporting about 20 cameras, the company said Monday in a statement.

The Smart Eye Guardian system provides real-time detection and monitoring of public-safety events. Phase 1 is expected to run for six months, with potential production deployments beginning in 2027, the company said.

Financial terms were not disclosed, though follow-on phases "could generate a multi-million-dollar opportunity for hardware and recurring software-licensing revenue," GSI said.

GSI shares rose 1.7% in after-hours trading.

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