Knightscope, Inc. Stock Price, News & Analysis

Knightscope (NASDAQ: KSCP) reported strong Q1 2025 financial results, with total revenue reaching $2.9 million, up 29% year-over-year. The company showed significant operational improvements, with gross margin loss improving to (23%) from (64%) in Q1 2024, and net loss decreasing by 19% to $6.9 million.

The autonomous security robot company maintains a healthy $2.5 million backlog of orders and strengthened its financial position with cash and equivalents increasing to $12.7 million. During Q1, Knightscope raised $8.8 million through equity offerings and secured a new 33,000 sq ft headquarters in Sunnyvale, California. The company demonstrated cost discipline with a 24% reduction in G&A expenses, while ECD revenue grew 37% year-over-year.

Total stockholders' equity increased to $18.2 million, up from $15.8 million at the end of 2024, positioning the company for continued growth in both private and public sector markets.

Knightscope (NASDAQ: KSCP), a developer of autonomous security robots and AI technologies, has joined the Association for Uncrewed Vehicle Systems International (AUVSI), the world's largest nonprofit organization for uncrewed systems and robotics. The company will participate in AUVSI's Cyber, Ground, and Defense Advocacy Committees, as well as the new Robotics Subcommittee.

Through this membership, Knightscope aims to contribute to developing national standards and legislation for autonomous security and defense technologies, with a particular focus on a National Robotics Strategy. The company will leverage its expertise in autonomous ground robotics and cybersecurity to influence policy discussions and strengthen its position in the federal sector.

Additionally, Knightscope announced it will host its First Quarter 2025 Earnings Town Hall on May 14, 2025, at 12pm PDT / 3pm EDT.

Knightscope (NASDAQ: KSCP) has secured over $1.2 million in new contracts, demonstrating strong growth in its autonomous security solutions business. The company announced significant client renewals, service expansions, and new deployments across the USA.

Key highlights include:

• A Fortune 25 contract for 4 K5 Autonomous Security Robots (ASRs)
• Higher education sector expansion with 52 new Emergency Communication Devices (ECDs)
• Commercial real estate adoption with a K5 ASR deployment
• Multiple public sector ECD orders and maintenance coverage extensions
• 6 ASR subscription renewals across healthcare, residential, biotech, and commercial real estate sectors

This success follows recent announcements of securing a new 33,000 sq ft headquarters in Silicon Valley, recruiting for a second manufacturing shift, and securing $2+ million in sales, renewals, and expansions.

Knightscope (NASDAQ: KSCP) has signed a lease for a new 33,355-square-foot corporate headquarters in Sunnyvale, California, marking its 12th anniversary since founding in 2013. The new facility at 305 North Mathilda Avenue more than doubles the company's previous space and will serve as a hub for innovation in AI-powered autonomous public safety and emergency communication technologies.

The strategic Silicon Valley location will enable accelerated growth across engineering, manufacturing, and client support for both private sector and federal clients. The expanded facility aims to increase production capacity for Autonomous Security Robots (ASR) and Emergency Communication Devices (ECD), while improving internal collaboration and streamlining nationwide deployment. The company plans to develop and manufacture the future K7 ASR and K1 Super Tower in 2026 at this location.

Knightscope (NASDAQ: KSCP) has secured over $2 million in new contracts, demonstrating significant growth through renewals, expansions, and strategic deployments across the United States. The contracts include a major reseller order for more than 150 Emergency Communication Devices (ECDs) for a large university system.

Key highlights include: a K5 ASR sale to a county transportation agency, 14 ASR subscription renewals including a 6th-year casino renewal, a California government agency's expansion of the Full Service Maintenance program, and a commercial real estate operator's purchase of 10 K1 Blue Light Towers at a major U.S. airport. Additionally, over 60 Emergency Management Systems (KEMS) were sold to educational institutions across Alabama, Florida, and Texas.

Knightscope (NASDAQ: KSCP) reported its FY 2024 financial results, showing mixed performance with several key developments. Revenue decreased to $10.8 million from $12.8 million in 2023, while service revenue grew 4% to $7.5 million. The company reported increased losses with a gross loss of $(3.7) million and net loss of $(31.7) million.

Notable achievements include obtaining FedRAMP Authority to operate, launching the first K5 GOV unit with the VA, and securing an SBIR contract with the U.S. Air Force. The company strengthened its cash position to $11.1 million through $34.5 million in capital raised. The current backlog stands at $1.8 million, reduced from $5.2 million previously.

Strategic initiatives included leadership restructuring with a 40% reduction in executive headcount, appointment of new CFO and board members, and continued development of K7 Multi-Terrain ASR and K1 Super Tower products targeted for 2026 release. With nearly 10,000 Machines-in-Network deployed nationwide, Knightscope focuses on scaling its Machine-as-a-Service subscription model.

Knightscope (NASDAQ: KSCP), a developer of autonomous security robots and AI technologies, has completed a registered direct offering of 625,000 shares of Class A common stock at $2.75 per share, raising approximately $1.7 million in gross proceeds. H.C. Wainwright & Co. served as the exclusive placement agent for the offering.

The company plans to utilize the net proceeds for working capital and general corporate purposes. The securities were offered through a previously filed and effective 'shelf' registration statement on Form S-3, with the offering conducted via a prospectus supplement and accompanying base prospectus.

Knightscope (NASDAQ: KSCP), an autonomous security robots and AI technologies company, has announced a registered direct offering of 625,000 common stock shares at $2.75 per share, expecting to raise approximately $1.7 million in gross proceeds.

The offering is scheduled to close around March 31, 2025, subject to customary closing conditions. H.C. Wainwright & Co. serves as the exclusive placement agent. The company plans to utilize the net proceeds for working capital and general corporate purposes.

The offering is being conducted under a previously filed and effective shelf registration statement on Form S-3, with a prospectus supplement to be filed with the SEC.

Knightscope (NASDAQ: KSCP), an autonomous security robots and AI technologies developer, has submitted public comment to the White House's 'Development of an Artificial Intelligence (AI) Action Plan.' The company's recommendations focus on:

• Modernizing procurement policies for autonomous security robots (ASRs) in federal facilities
• Authorizing autonomous security in federally managed spaces
• Launching a multi-agency pilot program
• Prohibiting federal procurement of ASRs from adversary nations

The submission to the Office of Science and Technology Policy (OSTP) emphasizes the need for AI-driven security solutions to protect federal facilities and critical infrastructure while creating safer environments for government employees, visitors, and communities. Knightscope argues that AI-powered security systems can reduce labor costs, minimize turnover, and address threats from adversarial AI and advanced criminal tactics.