Latest news with #EmergencyCommunicationDevices
Business Wire
02-07-2025
- Business
- Business Wire
Knightscope Secures Another $1M in New Sales, Renewals & Expansions;
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 newly secured contracts that span major client renewals, strategic expansions, and new wins across the country. The increase reflects a continuing demand for smarter, safer environments and is underscored by ongoing interest, including on Capitol Hill. Emergency Communication Devices Grow Across the Nation Knightscope locked in major new wins in the higher education, parks & recreation, healthcare, and local government sectors with an impressive 541 brand-new Emergency Communication Devices (ECDs) bookings. This wave of new contracts highlights the widespread trust in Knightscope's life-saving communication technology. Robots on Patrol: ASRs Hit New Markets Knightscope's Autonomous Security Robots (ASRs) are on the move. New K5 contracts are rolling out in the Transit Authority, Data Center, and Higher Education sectors, reinforcing its growing presence across critical infrastructure and public spaces. Highlights at a Glance Public Sector Power – Cities, states and law enforcement agencies are doubling down with expanded ECD purchases and extended Full-Service Maintenance (FSM) agreements. Renewals Signal Results – Eight (8) ASR subscriptions were renewed across key sectors, including retail, biotech, and hospitality, proving Knightscope's staying power and performance. Capitol Hill Knightscope continues to gain meaningful traction in Washington, D.C. Following recent visits that included dozens of engagements with public officials and stakeholders, the Company has been invited back for a hearing on certain technologies to occur in July. 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.
Business Wire
02-06-2025
- 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.
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
