Latest news with #AutonomousSecurityRobot
Business Wire
23-07-2025
- Business
- Business Wire
Knightscope Closes Another $1.3M in New Sales Wins, Renewals & Expansions
SUNNYVALE, Calif.--(BUSINESS WIRE)--Knightscope, Inc. (NASDAQ: KSCP), a leader in autonomous security robots and emergency communication devices, today announced that it has surpassed another $1.3 million in new contracts, including major client renewals, strategic expansions, and new sales wins nationwide. This growth underscores the sustained demand for smarter and more secured environments. Nationwide Emergency Communication Devices Growth Knightscope locked in major new wins in the aviation, casinos & gaming, higher education, parks & recreation, healthcare, and local government sectors with a substantial 834 brand-new Emergency Communication Devices (ECDs) bookings. This surge of new contracts underscores the broad confidence in Knightscope's life-saving communication technology. Autonomous Security Robot Demand is on the Rise Knightscope's Autonomous Security Robot (ASR) demand is on the rise. Several new K5 agreements have been secured in the commercial real estate, smart infrastructure, and casinos & gaming sectors, emphasizing Knightscope's expanding reach in physical security and public safety. Key Takeaways Growing public sector footprint – cities, states, and law enforcement agencies are amplifying their use of Knightscope technology, expanding their ECD purchases and extending Full-Service Maintenance (FSM) agreements, reflecting continued confidence in Knightscope's solutions. Higher education commitment – both public and private institutions are embracing new installations and renewing FSM agreements for substantial fleets of ECDs, underscoring the value we bring to campus safety. Renewals signal strong momentum – several ASR subscriptions were renewed across strategic sectors, including commercial real estate and casinos & gaming, highlighting sustained demand and customer loyalty. 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 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.
Yahoo
11-03-2025
- Business
- Yahoo
Knightscope reports four ASR subscription agreement renewals, seven deployments
Knightscope (KSCP) announced the renewal of 4 Autonomous Security Robot subscription agreements, 7 new deployments of ASRs, as well as new sales contracts for 96 Emergency Communication Devices totaling 107 Knightscope machines and devices in motion. Knightscope's ASR renewals span clients in the Healthcare, Automotive Lubricants, and Logistics & Distribution sectors. The new deployments include clients in the Automotive Repair & Maintenance sector, such as Forbes Todd Automotive, as well as Local Government, with Phenix City as a new client. Knightscope's new ECD sales were to three Higher Education campuses through its authorized reseller, Transportation Solutions & Lighting. Effectively assess a stock's risks and opportunities with a clear breakdown of its positive and negative factors. Uncover insightful assessments of a stock's market performance and potential with a comprehensive competitor analysis . Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on KSCP: Questions or Comments about the article? Write to editor@ Knightscope management to meet virtually with Lake Street Knightscope announces new sales, fleet wide upgrade Knightscope says three healthcare organizations expand security solutions Knightscope reports over $1M in annual recurring revenue through renewals 2 Under-the-Radar Robotics Stocks Analysts Are Betting On Sign in to access your portfolio
