Latest news with #ECDs
Business Wire
4 days ago
- Business
- Business Wire
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 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.
eNCA
24-05-2025
- General
- eNCA
Raising awareness about children's rights
JOHANNESBURG - Ahead of national child protection week, we focus on the role of Early Childhood Development centers, beyond the drop-off points for working parents. To the 1.7 million children attending ECDs, these facilities are the first line of defence in protecting their rights. Teachers render a professional service to safeguard children's rights to survive, thrive and grow into their full potential. These centres are often the only place where destitute children receive daily nutritious meals.
Business Wire
24-04-2025
- Business
- Business Wire
Knightscope Secures $1.2+ Million Boost in Sales Won and Client Base Growth
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Knightscope, Inc. (NASDAQ: KSCP), a leader in developing autonomous security robots and artificial intelligence technologies, today announced over $1.2 million in new contracts, including significant client renewals, service expansions and new deployments across the USA. This achievement comes on the heels of announcements earlier this month regarding securing a new 33,000 sq ft headquarters in Silicon Valley, recruiting for a 2 nd shift of manufacturing jobs, and $2+ million in sales, renewals, and expansions. Knightscope has secured a series of sizeable contracts that underscore the accelerating traction of its subscription‑driven business model. The latest awards feature reseller & higher education client purchases of 70+ Emergency Communication Devices (ECDs) and six‑figure commitments for 11 Autonomous Security Robots (ASRs) – both new deployments as well as renewals. Recent Wins at a Glance Major Fortune 25 Corporation – a major publicly traded company has signed a contract for 4 K5 ASRs to patrol and enhance its overall security program Higher Education Surge – universities and colleges ordered and expanded their emergency communications with 52 new ECDs, increasing Knightscope's rapid campus safety footprint. Commercial Real Estate adoption – a premier property‑management group added a K5 ASR to provide 24/7 robotic patrols, automated anomaly detection and live eye-level data feeds. Public Sector Momentum – multiple government entities – including municipal, state, airport and law‑enforcement agencies – placed new ECD orders and extended their Full-Service Maintenance (FSM) coverage. Strong Client Retention – 6 ASR subscriptions were renewed across healthcare, residential, biotech and commercial real estate, validating the platform's long‑term value. Scaling a Recurring Revenue Engine Each contract broadens Knightscope's installed base and deepens its annuity stream, positioning the company at the forefront of AI‑enabled security solutions as public and private organizations seek modern, cost‑efficient safety technology. 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.
Associated Press
03-04-2025
- Business
- Associated Press
Knightscope Surges with $2+ Million in Sales, Renewals and Expansions
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Apr 3, 2025-- Knightscope, Inc. (NASDAQ: KSCP), a leader in developing autonomous security robots and artificial intelligence technologies, today announced over $2 million in new contracts, including major client renewals, technology expansions, and strategic deployments across the U.S. Contracts include a significant reseller order for more than 150 Emergency Communication Devices (ECDs) for a large university system, and marks accelerating momentum in Knightscope's recurring revenue model. This press release features multimedia. View the full release here: Key wins and highlights include: Higher Education Expansion: A major reseller order to serve a prominent university system, reinforcing Knightscope's strong position in the education sector. A K5 ASR sale to a major county transportation agency, enhancing infrastructure protection through 24/7 autonomous patrol, anomaly detection, and real-time data delivery. 14 ASR subscription renewals, including a 6th-year renewal with a casino and other long-term partners across self-storage, hospitality, healthcare, residential, and logistics sectors. Public Sector Growth: A California government agency awarded a substantial budgetary expansion for Knightscope's Full Service Maintenance (FSM) program, demonstrating deepening client trust and expanded footprint. Transportation Infrastructure Upgrade: A commercial real estate operator at a major U.S. airport purchased 10 K1 Blue Light Towers bundled with KEMS and Verizon connectivity, showcasing growing demand for layered security infrastructure. Over 60 Emergency Management Systems (KEMS) were sold to educational institutions in Alabama, Florida, and Texas, further validating Knightscope's increasing relevance in school safety nationwide. 'We're seeing sustained traction across both public and private sectors,' said William Santana Li, Chairman and CEO, Knightscope, Inc. 'This momentum reflects the value of our recurring revenue model and validates our long-term strategy to transform public safety using autonomous technology – by building a recurring revenue business model for the recurring societal problem of public safety.' Delivering Scalable Growth and Recurring Revenue These contract wins significantly expand Knightscope's deployed technology base and strengthen its recurring revenue pipeline. As public and private institutions seek modern, cost-effective safety solutions, Knightscope continues to stand out as a category leader in AI-powered autonomous security systems. 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. Drew McDowell Knightscope, Inc. (650) 924-1025 ext. 6 SOURCE: Knightscope, Inc. Copyright Business Wire 2025. PUB: 04/03/2025 09:35 AM/DISC: 04/03/2025 09:37 AM
Globe and Mail
12-02-2025
- Business
- Globe and Mail
Knightscope Expands Presence in Healthcare and Launches Robot Quiz
MOUNTAIN VIEW, Calif.– February 12, 2025– Knightscope, Inc. (NASDAQ:KSCP), an innovator in robotics and artificial intelligence technologies focused on public safety, announced today that three healthcare organizations have expanded their security and public safety infrastructure with Knightscope's cutting-edge solutions. These latest deployments include a Texas hospital modernizing its emergency communication system, a hospital enhancing parking area security with a K5 Autonomous Security Robot (ASR), and a Department of Health facility in the Northeast investing in Knightscope's advanced emergency communication technology. A Texas hospital has significantly upgraded its emergency communication capabilities by expanding its deployment of Knightscope Emergency Communication Devices (ECDs). By retrofitting outdated emergency phones with Knightscope's latest technology and integrating Verizon cellular service, the hospital ensures reliable, immediate access to emergency assistance, reinforcing its commitment to the safety of patients, visitors, and staff. In a proactive move to enhance security and deter potential threats, another hospital has deployed a K5 Autonomous Security Robot (ASR) to patrol its parking areas. The K5 ASR provides continuous monitoring and real-time intelligence, supporting security personnel in protecting patients, caregivers, and hospital staff. By leveraging AI-driven autonomous security, the hospital aims to create a safer and more secure environment. Additionally, a Department of Health facility in the Northeast has selected the Knightscope K1 Blue Light Tower to strengthen its emergency response system. The highly visible emergency phone provides an instant, easily accessible communication link for individuals in distress, ensuring swift response times in critical situations. This investment underscores the department's commitment to enhancing public safety and security for staff and visitors. Take the Robot Quiz Today Knightscope has also launched a Robot Quiz to help community leaders, public safety officials, law enforcement, and security professionals quickly determine whether autonomous security solutions could enhance their facilities. The quiz takes just 12 questions and 3 minutes to complete. You can take the quiz here. Experience the Future Today Knightscope's portfolio of advanced public safety technologies – including the K1 Laser, Blue Light Emergency Communication Devices, Autonomous Security Robots and Automated Gunshot Detection Services – can enhance security where it matters most, book a discovery call today at 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, 2023, 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. Contacts Public Relations Drew McDowell press@ Knightscope, Inc. (650) 924-1025 ext. 6
