- Knightscope, Inc. (KSCP, Financial) secures over $1.2 million in new contracts, boosting its client base.
- Significant client renewals and expansions include orders for 70+ Emergency Communication Devices and 11 Autonomous Security Robots.
- The company continues to enhance its AI-enabled security solutions with a focus on scalable recurring revenue.
Knightscope, Inc. (KSCP), a leader in autonomous security robots and artificial intelligence technologies, has announced a successful acquisition of over $1.2 million in new contracts. This includes significant client renewals, service expansions, and new deployments across the United States. As part of the latest business developments, the company has seen a wave of new deployments and substantial commitments from both new and existing clients.
The recent contracts feature various sectors, including higher education, commercial real estate, and the public sector. Universities and colleges have ramped up their safety measures with an order of 52 new Emergency Communication Devices (ECDs), enhancing Knightscope’s presence on campuses nationwide. Meanwhile, a major Fortune 25 company has enlisted the help of four K5 Autonomous Security Robots (ASRs) to reinforce its security protocols.
Commercial real estate and government entities have also contributed to Knightscope's growth, with a prominent property management group adopting a K5 ASR for comprehensive security patrols. Additionally, municipal and state governments, along with law enforcement agencies, have extended their Full-Service Maintenance (FSM) coverage.
Knightscope’s strategic focus on subscription-driven business models is proving effective, as evidenced by the renewal of six ASR subscriptions in sectors such as healthcare, residential, and biotech. This ongoing commitment underscores the long-term value and reliability of Knightscope’s solutions.
In line with its mission to advance public safety through innovative technologies, Knightscope continues to expand its operational reach, supported by its new 33,000 sq ft headquarters in Silicon Valley and the addition of a second manufacturing shift. These initiatives position Knightscope at the forefront of modern, cost-efficient safety technology as it aims to make the United States the safest country in the world.
