7 Clients Renew Contracts for Knightscope Technologies
Knightscope (NASDAQ: KSCP) announces seven client contract renewals for its autonomous security robot (ASR) and emergency communication device (ECD) services. The renewals include two commercial real estate portfolios, a casino, and a hospital for ASR services, totaling 6 deployed robots. Additionally, a school and two local governments renewed ECD service agreements.
Furthermore, five clients upgraded to the K5v5, Knightscope's fifth-generation security robot. The upgraded clients include two casinos, a Class-A twin-tower office complex, and a storage facility. The K5v5 features improvements in build speed, quality, and serviceability. When combined with the Risk & Threat Exposure (RTX) enhancement to its Machine-as-a-Service model, these upgrades strengthen on-site performance and reliability.
Knightscope (NASDAQ: KSCP) annuncia sette rinnovi di contratti con clienti per i suoi servizi di robot di sicurezza autonomo (ASR) e dispositivo di comunicazione di emergenza (ECD). I rinnovi includono due portafogli di immobili commerciali, un casinò e un ospedale per i servizi ASR, per un totale di 6 robot distribuiti. Inoltre, una scuola e due governi locali hanno rinnovato gli accordi di servizio ECD.
Inoltre, cinque clienti hanno aggiornato al K5v5, il robot di sicurezza di quinta generazione di Knightscope. I clienti aggiornati includono due casinò, un complesso di uffici a torre gemella di Classe A e una struttura di stoccaggio. Il K5v5 presenta miglioramenti nella velocità di costruzione, qualità e manutenibilità. Quando combinato con il potenziamento del Rischio e Esposizione alle Minacce (RTX) nel suo modello di Machine-as-a-Service, questi aggiornamenti rafforzano le prestazioni e l'affidabilità in loco.
Knightscope (NASDAQ: KSCP) anuncia siete renovaciones de contratos con clientes para sus servicios de robot de seguridad autónomo (ASR) y dispositivo de comunicación de emergencia (ECD). Las renovaciones incluyen dos carteras de bienes raíces comerciales, un casino y un hospital para los servicios ASR, totalizando 6 robots desplegados. Además, una escuela y dos gobiernos locales renovaron los acuerdos de servicio ECD.
Además, cinco clientes actualizaron al K5v5, el robot de seguridad de quinta generación de Knightscope. Los clientes actualizados incluyen dos casinos, un complejo de oficinas de torre gemela de Clase A y una instalación de almacenamiento. El K5v5 presenta mejoras en la velocidad de construcción, calidad y facilidad de servicio. Cuando se combina con la mejora de Riesgo y Exposición a Amenazas (RTX) en su modelo de Machine-as-a-Service, estas actualizaciones fortalecen el rendimiento y la fiabilidad en el lugar.
나이츠코프(Knightscope) (NASDAQ: KSCP)는 자율 보안 로봇(ASR) 및 비상 통신 장치(ECD) 서비스에 대한 7건의 고객 계약 갱신을 발표했습니다. 갱신에는 ASR 서비스용으로 두 개의 상업용 부동산 포트폴리오, 한 개의 카지노 및 한 개의 병원이 포함되며, 총 6개의 로봇이 배치되었습니다. 또한, 한 학교와 두 개의 지방 정부가 ECD 서비스 계약을 갱신했습니다.
더욱이, 다섯 고객이 Knightscope의 5세대 보안 로봇인 K5v5로 업그레이드했습니다. 업그레이드된 고객에는 두 개의 카지노, A급 쌍둥이 타워 오피스 단지 및 저장 시설이 포함됩니다. K5v5는 제작 속도, 품질 및 서비스 용이성에서의 개선을 특징으로 합니다. 머신-서비스(Machine-as-a-Service) 모델의 위험 및 위협 노출(RTX) 개선과 결합될 때 이러한 업그레이드는 현장 성능과 신뢰성을 강화합니다.
Knightscope (NASDAQ: KSCP) annonce sept renouvellements de contrats avec des clients pour ses services de robot de sécurité autonome (ASR) et de dispositif de communication d'urgence (ECD). Les renouvellements incluent deux portefeuilles immobiliers commerciaux, un casino et un hôpital pour les services ASR, totalisant 6 robots déployés. De plus, une école et deux gouvernements locaux ont renouvelé leurs accords de service ECD.
Par ailleurs, cinq clients ont passé à la K5v5, le robot de sécurité de cinquième génération de Knightscope. Les clients concernés comprennent deux casinos, un complexe de tours jumelles de classe A et une installation de stockage. La K5v5 présente des améliorations en termes de vitesse de construction, de qualité et de facilité d'entretien. Lorsqu'elle est combinée à l'amélioration de l'exposition au risque et aux menaces (RTX) de son modèle de Machine-as-a-Service, ces mises à niveau renforcent les performances et la fiabilité sur site.
Knightscope (NASDAQ: KSCP) gibt die Erneuerung von sieben Kundenverträgen für seine autonomen Sicherheitsroboter (ASR) und Notfallkommunikationsgeräte (ECD) bekannt. Die Erneuerungen umfassen zwei Portfolios im gewerblichen Immobilienbereich, ein Kasino und ein Krankenhaus für ASR-Dienste, insgesamt 6 eingesetzte Roboter. Darüber hinaus haben eine Schule und zwei Kommunalverwaltungen die ECD-Serviceverträge erneuert.
Darüber hinaus haben fünf Kunden auf das K5v5-Model umgerüstet, den Sicherheitsroboter der fünften Generation von Knightscope. Zu den aufgerüsteten Kunden gehören zwei Casinos, ein Klasse-A-Zwillingshochhausbürokomplex und eine Lagerhalle. Der K5v5 bietet Verbesserungen in der Baugeschwindigkeit, Qualität und Wartungsfreundlichkeit. In Kombination mit der Verbesserung von Risiko- und Bedrohungsexposition (RTX) in seinem „Machine-as-a-Service“-Modell stärken diese Upgrades die Leistung und Zuverlässigkeit vor Ort.
- Seven client contract renewals demonstrate customer retention and satisfaction
- Five clients upgraded to the new K5v5 platform, showing product adoption
- Long-term client relationships (up to seven years) indicate service reliability
- K5v5 improvements in build speed, quality, and serviceability enhance operational efficiency
- None.
Insights
The contract renewals from diverse sectors including commercial real estate, casinos, healthcare and government institutions demonstrate strong client retention and validate Knightscope's technology effectiveness. The multi-year renewals, particularly the 7-year hospital client, indicate high customer satisfaction and product stickiness. The upgrade of 5 clients to K5v5 suggests successful product evolution and client willingness to invest in newer technology.
However, the financial impact appears modest given KSCP's
For retail investors: Think of this like a subscription business keeping its customers and getting them to upgrade to premium versions - good for stability but not a growth catalyst. The diverse client base across multiple sectors provides some revenue diversification, but the small scale limits immediate upside potential.
5 More Clients Upgraded to 5th Generation Security Robot
7 clients renew contracts for Knightscope technologies, and 5 more upgraded to 5th generation security robot. (Photo: Business Wire)
Two companies managing commercial real estate portfolios in
Five more clients have also been upgraded to the fifth generation of its K5 Autonomous Security Robot (“K5v5”). Two Casinos, a Class-A, twin-tower office complex and a storage facility all have the latest release of Knightscope’s AI-powered devices that improve safety at the places people live, work, study and visit. Machine ‘hot-swaps’ began earlier this year following the engineering release of the fully redesigned K5v5. This all-new security robot is faster to build, improves quality, and is easier to service. When paired with Knightscope’s Risk & Threat Exposure (“RTX”) enhancement to its Machine-as-a-Service business model, the Company is able to elevate the delivery of public safety tools to its clients. As a result, on-site performance and reliability are strengthened, which raises client value and satisfaction.
GET EXPERT HELP
To learn more about Knightscope’s portfolio of public safety technologies, including the K1 Laser, Autonomous Security Robots, Blue Light Emergency Communication Systems or Automated Gunshot Detection Services, book a discovery call or demonstration today at www.knightscope.com/discover.
About Knightscope
Knightscope builds cutting-edge technologies to improve public safety, and our long-term ambition is to make
Forward-Looking Statements
This press release contains “forward-looking statements” 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 “should,” “may,” “intends,” “anticipates,” “believes,” “estimates,” “projects,” “forecasts,” “expects,” “plans,” “proposes” and similar expressions. Forward-looking statements contained in this press release and other communications include, but are not limited to, statements about the Company’s 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 “Risk Factors” in Knightscope’s Annual Report on Form 10-K for the year ended December 31, 2023, 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241230987824/en/
Public Relations:
Stacy Stephens
Knightscope, Inc.
(650) 924-1025
Source: Knightscope, Inc.
FAQ
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