Public Safety Innovator Continues to Accelerate Growth Alongside Sustained Renewals
Knightscope, Inc. (NASDAQ:KSCP), a leading developer of autonomous security robots, continues to accelerate market expansion with five new contracts for its Autonomous Security Robot (ASR) and Blue Light Emergency Communication services across multiple U.S. states.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221221005181/en/
KSCP) Receives 5 New Contracts (Photo: Business Wire)”>
Knightscope (NASDAQ:KSCP) Receives 5 New Contracts (Photo: Business Wire)
The contracts and deployment locations are as follows:
- A property management group in Chicago will have a K5 ASR patrolling the parking lot of a mixed-use facility with both retail and professional clients as tenants. This will be the Company’s second deployment in the City of Chicago in an area where crime, trespassing, vehicle break-ins, and catalytic converter thefts are at epidemic levels.
- A police department in North Carolina has purchased a K1 Call Box to aid in direct emergency communications for its citizens.
- Knightscope scored another Tribal casino client, which will be the first contract in Oklahoma. There are 39 Tribal Nations in Oklahoma alone, and they collectively have over 80 casinos.
- An airport in New Jersey is replacing a competitor’s product with a K1 Blue Light Emergency Phone.
- 4 K1 Call Boxes will be going to a construction company in Texas completing a new bridge. The phones will be used to assist in suicide prevention.
Knightscope’s expanded product line is helping its clients protect the places people live, work, study and visit in many new ways. In addition to this ongoing new growth, Knightscope perseveres with sustained renewals received from existing clients, further validating the long-term effectiveness of its technologies.
- A Houston-based hospital signed a 2-year renewal for its 2 K3 ASRs. This will be the 5th and 6th years of service for these Texan robots.
- Featured in multiple local news stories touting a significant reduction in vehicle break ins, auto thefts and other types of crimes, a Portland hotel renewed its agreement to keep their K5 patrolling its parking lot for another year.
These renewals are a testament to the positive impact Knightscope’s technologies have actually solving real problems at a very affordable rate. Click here to discover what Knightscope tools will best help you in your specific application today.
