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Knightscope (Nasdaq: KSCP) Announces Largest Contract in Company History
Robust Net Sales Growth Supports Projected Outlook MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Knightscope, Inc. (Nasdaq: KSCP), a leading developer of
About this update from Knightscope, Inc.
[{"type":"text","content":"\nRobust Net Sales Growth Supports Projected Outlook\n\n MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--\nKnightscope, Inc. (Nasdaq: KSCP), a leading developer of autonomous security robots, today announces the largest single contract in the Company’s history alongside 2 new contracts from cities in New York and Georgia. The contracts consist of 12 K5 Autonomous Security Robots (ASRs), 2 K1 Blue Light Towers and 2 K1 Call Boxes.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221213005500/en/Knightscope (Nasdaq: KSCP) Announces Largest Contract in Company History (Graphic: Business Wire)\nA key decision-making factor for the larger client was the K5’s unmatched capabilities that are not part of the current security program. The company will be deploying ASRs as part of an overall “layered” approach to give them unprecedented eye-level views and coverage. The ASRs will deter crime, criminal trespassing and loitering while providing their employees with greater personal safety.\n\nThe two cities electing to expand their communication capabilities selected Knightscope K1 Blue Light Emergency Towers and Emergency Call Boxes using cellular and satellite communications with solar power to provide additional safety in remote locations. These newer, more advanced wireless systems will save end users money on both infrastructure and hardware costs, while improving reliability on a modern communication network.\n\n“Knightscope continues to deliver on its promise to rapidly grow the Company and help make the United States of America the safest country in the world,” said William Santana Li, chairman and CEO at Knightscope. “Today’s announcement further supports my recent public address where we project tripling our annualized revenue over the next twelve months.” Watch the video here.\n\nMore and more people are discovering the many valuable and far-reaching use cases for Knightscope ASRs and emergency communications systems. Learn how Knightscope helps protect the places people live, work, study and visit now by booking a brief call or demo online with one of our experts at www.knightscope.com/discover.\n\nAbout Knightscope\n\nKnightscope is an advanced security technology company based in Silicon Valley that builds fully autonomous security robots that deter, detect and report. Knigh...