Knightscope, Inc (NASDAQ:KSCP), a developer of autonomous security robots, won a new contract at a Florida college for 22 of its K1 Blue Light Towers.
What Happened? In addition to the 13 emergency call systems previously retrofitted, the college will replace older, hard-wired towers at two separate campuses, utilizing Knightscope’s cellular and satellite communications with solar power to provide additional students, faculty, and visitors safety when away from campus buildings.
Also Read: EXCLUSIVE: Knightscope Accelerates Growth With Five New Contracts For Its Service
Why Does It Matter? The contract is a decisive step forward in achieving the four cornerstones of campus safety that administrators and officials should seek: communication, prevention, mobilization, and apprehension.
Due to constrained budgets and staffing shortages, schools are ill-equipped to address many campus safety challenges head-on.
Knightscope technologies can solve the problem and fill the personnel gap affordably. This is Knightscope’s first announced sale in conjunction with its recent acquisition of CASE Emergency Systems.
Price Action: KSCP shares closed lower by 0.95% at $3.12 on Monday.
