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TinyGemsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Forecasts Accelerated Growth in Coming Year

November 30, 2022 at 11:11 AM EST

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”), has announced its projected revenue growth for the next 12 months. The company has seen accelerated year-over-year growth, and with the increased interest as well as impressive upswing in signed contracts, Knightscope anticipates tripling annualized revenue. In addition, the company released the first in a series of videos. Titled “Rise of the Robots,” the series is designed to share key company updates with KSCP investors and its tens of thousands of followers.

“We’ll be filing the 8-K for the combined entity at the end of the year,” said Knightscope chair and CEO William Santana Li in the press release. “We expect that the two units together will likely be running at a revenue run rate in the range of $12 million to $14 million, delivering on the accelerated growth by a significant margin versus the $3.4 million from 2021. The rise of the robots is happening.”

To view the full press release, visit https://ibn.fm/ZP4Gq

About Knightscope, Inc.

Knightscope is an advanced security technology company based in Silicon Valley that builds fully autonomous security robots that deter, detect and report. The company’s long-term ambition is to make the United States of America the safest country in the world. For more information about the company, please visit www.Knightscope.com.

NOTE TO INVESTORS: The latest news and updates relating to KSCP are available in the company’s newsroom at https://ibn.fm/KSCP

About TinyGems

TinyGems is your guide to the best and brightest in the under-appreciated small-cap sector. As one of 50+ brands within the InvestorBrandNetwork (“IBN”), TinyGems provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN to reach millions of social media followers; and (5) a full array of corporate communications solutions. It’s time to uncover some of the best-kept secrets on Wall Street. TinyGems features innovative small-cap companies with huge potential, putting a spotlight on the best and brightest of these disruptors that have the technology, the talent, the drive, and the business models to make a huge impact in the markets and in portfolios. Whether it’s a game changing technology, a new more profitable product or service, or a star in a hot sector, TinyGems is the go-to source for actionable intelligence.

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