
MOUNTAIN VIEW, Calif.โKnightscope, Inc. (NASDAQ: KSCP/quote">NASDAQ: KSCP), a leader in developing autonomous security robots and artificial intelligence technologies, today announced overย $1.2 millionย in new contracts, including significant client renewals, service expansions and new deployments across the USA. This achievement comes on the heels of announcements earlier this month regarding securing a new 33,000 sq ft headquarters in Silicon Valley, recruiting for a 2ndย shift of manufacturing jobs, and $2+ million in sales, renewals, and expansions.
Knightscope has secured a series of sizeable contracts that underscore the accelerating traction of its subscriptionโdriven business model. The latest awards feature reseller & higher education client purchases ofย 70+ Emergency Communication Devices (ECDs)ย andย sixโfigure commitments for 11 Autonomous Security Robots (ASRs)ย โ both new deployments as well as renewals.
Recent Wins at a Glance
- Major Fortune 25 Corporation โย a major publicly traded company has signed a contract for 4 K5 ASRs to patrol and enhance its overall security program
- Higher Education Surgeย โ universities and colleges ordered and expanded their emergency communications withย 52 new ECDs, increasing Knightscopeโs rapid campus safety footprint.
- Commercial Real Estate adoptionย โ a premier propertyโmanagement group added aย K5 ASRย to provide 24/7 robotic patrols, automated anomaly detection and live eye-level data feeds.
- Public Sector Momentumย โ multiple government entities โ including municipal, state, airport and lawโenforcement agencies โ placed new ECD orders and extended their Full-Service Maintenance (FSM) coverage.
- Strong Client Retentionย โย 6 ASR subscriptions were renewedย across healthcare, residential, biotech and commercial real estate, validating the platformโs longโterm value.
Scaling a Recurring Revenue Engine
Each contract broadens Knightscopeโs installed base and deepens its annuity stream, positioning the company at the forefront of AIโenabled security solutions as public and private organizations seek modern, costโefficient safety technology.
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 atย www.knightscope.com.
Forward-Looking Statements
This press release contains โforward-looking statementsโ 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 โshould,โ โmay,โ โintends,โ โanticipates,โ โbelieves,โ โestimates,โ โprojects,โ โforecasts,โ โexpects,โ โplans,โ โproposesโ and similar expressions. Forward-looking statements contained in this press release and other communications include, but are not limited to, statements about the Companyโs 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 โRisk Factorsโ in Knightscopeโs 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.
Contacts
Public Relations
Drew McDowell
press@yourwashingtonoffice.com
Knightscope, Inc.
(650) 924-1025 ext. 6
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