Knightscope Exceeds $1M in Contracts in New Sales & Renewals
SUNNYVALE, Calif.--(BUSINESS WIRE)-- Knightscope, Inc. (NASDAQ: KSCP), a leader in developing autonomous security robots and artificial intelligence technologies, today announced over $1 million in new contracts, including major client renewals, expanded service deployments, and new wins across the country.
The latest round of contracts includes resellers, higher education, transit authority, and local government clients placing orders for 525 Emergency Communication Devices (ECDs) and making six-figure commitments toward 7 Autonomous Security Robots (ASRs).
Recent Wins
Higher Education on the Rise – universities and colleges ramped up their campus safety efforts with orders for 118 new ECDs, further cementing Knightscope's role as a campus security staple.
Commercial Real Estate Goes Autonomous – a top-tier property management firm added a K5 ASR and K1 Hemisphere units for around-the-clock patrols, real-time data feeds, and anomaly detection. They also subscribed to Risk & Threat Exposure (RTX) Analyst Premium Services to support multiple locations 24/7.
Public Sector Momentum Builds – municipalities, state agencies, airports, and law enforcement departments expanded their deployments with new ECD orders and extended Full-Service Maintenance (FSM) contracts.
Retention Reinforces Value – 13 ASR subscriptions were renewed across diverse industries, including biotech, hospitality, casinos and gaming, cosmetics and retail, validating the long-term ROI of Knightscope's platform.
Fueling a High-Growth, Recurring Revenue Engine
Every new contract adds to Knightscope's growing install base, reinforcing its leadership in AI-powered safety technologies. As public and private sector organizations seek smarter, more cost-effective solutions, Knightscope continues scaling a robust subscription-driven business model that delivers value well into the future.
About Knightscope
Knightscope is transforming public safety with cutting-edge robotics and AI technologies. From autonomous security robots to advanced detection systems, Knightscope is committed to building safer communities where you live, work, study and visit. Our long-term ambition is bold but simple: to make the United States of America the safest country in the world. Learn more about us at www.knightscope.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can be identified by the use of words such as "should," "may," "intends," "anticipates," "believes," "estimates," "projects," "forecasts," "expects," "plans," "proposes" and similar expressions. Forward-looking statements contained in this press release and other communications include, but are not limited to, statements about the Company's goals, profitability, growth, prospects, reduction of expenses, and outlook. Although Knightscope believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks, uncertainties and other important factors that could cause actual results to differ materially from such forward-looking statements, including the factors discussed under the heading "Risk Factors" in Knightscope's Annual Report on Form 10-K for the year ended December 31, 2024, as updated by its other filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of the document in which they are contained, and Knightscope does not undertake any duty to update any forward-looking statements, except as may be required by law.
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