ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Knightscope (Nasdaq: KSCP) Earns 4 New Contracts for 7 Machines

Public Safety Innovator Continues Growing Revenue with End of Year Sales

Knightscope, Inc. (Nasdaq: KSCP), a leading developer of autonomous security robots, announces 4 new contracts totaling 7 Autonomous Security Robots (ASRs) as part of its end-of-year push to support the Company’s commitment to continue accretively adding to its top-line revenue.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221229005045/en/

Knightscope (Nasdaq: KSCP) Earns 4 New Contracts for 7 Machines (Photo: Business Wire)

Knightscope (Nasdaq: KSCP) Earns 4 New Contracts for 7 Machines (Photo: Business Wire)

Details regarding the new contracts and deployment locations are as follows:

  • One of Houston’s top commercial real estate brokerage and property management firms, with dozens of office locations across the U.S., signed an agreement for one K1 Hemisphere and one K1 Tower to protect a large parking structure at one of its many properties.
  • A church in the area of St. Louis/Springfield, Missouri area will soon have a K1 Hemisphere to help curb nefarious activities related to people loitering on their property to take advantage of the beautiful, local scenery.
  • Previously dissatisfied with the unreliable and expensive security guards hired to deter unwanted visitors and criminals at their facility, a Houston manufacturer of premium quality lubricants and associated products for the automotive, industrial and drilling markets contracted Knightscope earlier in 2022 to help better protect its property. Knightscope was deemed a success, and the client added another K5 ASR to its security program.
  • Another expansion comes from a real estate investment company with properties in 14 U.S. states. This client is duplicating its previous order of two K5 ASRs, one K1 Tower and Knightscope+ remote monitoring service in Pittsburgh for one of its other properties in Dallas, Texas.

According to the Council on Criminal Justice, aggravated assaults, robberies, nonresidential burglaries, larcenies, and motor vehicle thefts all increased in the first half of 2022 giving security leaders ample motivation to explore new technologies like those offered by Knightscope. Click here to speak with an expert and discover how Knightscope is already protecting the places people live, work, study and visit today.

About Knightscope

Knightscope is an advanced security technology company based in Silicon Valley that builds fully autonomous security robots that deter, detect and report. Knightscope’s long-term ambition is to make the United States of America the safest country in the world. Learn more about the company at www.knightscope.com. Follow Knightscope on Facebook, Twitter, LinkedIn and Instagram.

Forward-Looking Statements

This press release may contain ”forward-looking statements” about Knightscope’s future expectations, plans, outlook, projections and prospects. Such forward-looking statements can be identified by the use of words such as ”should,” ”may,” ”intends,” ”anticipates,” ”believes,” “estimates,” “projects,” “forecasts,” “expects,” “plans,” ”proposes” and similar expressions. Although Knightscope believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. Readers are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” in Knightscope’s Annual Report on Form 10-K for the year ended Dec. 31, 2021. 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

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.