Growth in Knightscope Emergency Communications Continues with 12 New Contracts
Knightscope (NASDAQ: KSCP) has secured 12 new contracts across 7 U.S. states for its K1B Emergency Communication Devices (ECDs). The contracts span Arizona, California, Connecticut, New Hampshire, New Jersey, New York, and Texas, serving diverse sectors including state and local government, universities, and transportation.
The company has also expanded its Knightscope Authorized Partner (KAP) program with three new resellers: Clark Transportation Solutions in Phoenix, Miller Solutions covering Arkansas and Oklahoma, and NEWCOM Global from Boston. The K1B ECDs feature voice connectivity, broadcast alerts, and area illumination capabilities, with priority access to cellular bandwidth through Verizon Frontline service.
Knightscope (NASDAQ: KSCP) ha ottenuto 12 nuovi contratti in 7 stati americani per i suoi Dispositivi di Comunicazione di Emergenza K1B (ECD). I contratti riguardano Arizona, California, Connecticut, New Hampshire, New Jersey, New York e Texas, servendo diversi settori tra cui governi statali e locali, università e trasporti.
L'azienda ha anche ampliato il suo programma di Partner Autorizzati Knightscope (KAP) con tre nuovi rivenditori: Clark Transportation Solutions a Phoenix, Miller Solutions per l'Arkansas e l'Oklahoma, e NEWCOM Global da Boston. Gli ECD K1B offrono connettività vocale, allerta broadcast e capacità di illuminazione dell'area, con accesso prioritario alla larghezza di banda cellulare tramite il servizio Verizon Frontline.
Knightscope (NASDAQ: KSCP) ha asegurado 12 nuevos contratos en 7 estados de EE. UU. para sus Dispositivos de Comunicación de Emergencia K1B (ECD). Los contratos abarcan Arizona, California, Connecticut, New Hampshire, Nueva Jersey, Nueva York y Texas, sirviendo a diversos sectores, incluyendo gobiernos estatales y locales, universidades y transporte.
La empresa también ha expandido su programa de Partner Autorizado de Knightscope (KAP) con tres nuevos revendedores: Clark Transportation Solutions en Phoenix, Miller Solutions cubriendo Arkansas y Oklahoma, y NEWCOM Global de Boston. Los ECD K1B cuentan con conectividad de voz, alertas de transmisión y capacidades de iluminación del área, con acceso prioritario a la ancho de banda celular a través del servicio Verizon Frontline.
Knightscope (NASDAQ: KSCP)는 K1B 긴급 통신 장치(ECD)를 위한 7개주에서 12개의 새로운 계약을 체결했습니다. 계약은 애리조나, 캘리포니아, 코네티컷, 뉴햄프셔, 뉴저지, 뉴욕, 텍사스로, 주 및 지방 정부, 대학, 교통 등 다양한 분야를 대상으로 하고 있습니다.
회사는 클락 교통 솔루션(Phoenix), 밀러 솔루션(아칸소 및 오클라호마 커버링), 그리고 NEWCOM 글로벌(보스턴)의 세 개의 새로운 리셀러와 함께 Knightscope 공인 파트너(KAP) 프로그램을 확장했습니다. K1B ECD는 음성 연결, 방송 경고 및 지역 조명 기능을 갖추고 있으며, Verizon Frontline 서비스를 통해 셀룰러 대역폭에 우선 접근할 수 있습니다.
Knightscope (NASDAQ: KSCP) a sécurisé 12 nouveaux contrats dans 7 États américains pour ses Dispositifs de Communication d'Urgence K1B (ECD). Les contrats couvrent l'Arizona, la Californie, le Connecticut, le New Hampshire, le New Jersey, New York et le Texas, et servent divers secteurs, y compris les gouvernements locaux et d'État, les universités et le transport.
L'entreprise a également élargi son programme de Partenaire Autorisé Knightscope (KAP) avec trois nouveaux revendeurs : Clark Transportation Solutions à Phoenix, Miller Solutions couvrant l'Arkansas et l'Oklahoma, et NEWCOM Global de Boston. Les ECD K1B sont dotés de connectivité vocale, d'alertes de diffusion et de capacités d'éclairage de zone, avec un accès prioritaire à la bande passante cellulaire via le service Verizon Frontline.
Knightscope (NASDAQ: KSCP) hat 12 neue Verträge in 7 US-Bundesstaaten für seine K1B Notfallkommunikationsgeräte (ECDs) gesichert. Die Verträge erstrecken sich über Arizona, Kalifornien, Connecticut, New Hampshire, New Jersey, New York und Texas und bedienen verschiedene Sektoren, darunter staatliche und lokale Verwaltungen, Universitäten und Verkehr.
Das Unternehmen hat auch sein Knightscope Authorized Partner (KAP) Programm mit drei neuen Wiederverkäufern erweitert: Clark Transportation Solutions in Phoenix, Miller Solutions in Arkansas und Oklahoma sowie NEWCOM Global aus Boston. Die K1B ECDs verfügen über Sprachverbindung, Rundfunkwarnungen und Beleuchtungsfunktionen, mit prioritärem Zugang zur Mobilfunkbandbreite über den Verizon Frontline Service.
- Secured 12 new contracts across 7 states
- Added three new resellers to expand market reach
- Partnership with Verizon Frontline for priority cellular access
- Expansion of existing client base
- None.
Insights
The announcement of 12 new contracts across 7 states represents modest but strategic expansion for Knightscope. The K1B Emergency Communication Devices deployment across diverse sectors including government, universities and transportation indicates growing market acceptance of their emergency communication solutions.
The addition of three new resellers to the KAP program is particularly noteworthy, as it expands Knightscope's distribution network and potential market reach. However, without specific contract values or revenue projections disclosed, the immediate financial impact remains unclear. For a company with a market cap of
The partnership with Verizon Frontline adds credibility and technical reliability to their offering, potentially differentiating their solution in the competitive safety communications market. This integration of priority cellular bandwidth addresses a critical need in emergency response infrastructure.
From a technical perspective, Knightscope's strategic focus on addressing cell phone limitations in emergency situations is well-conceived. The integration of Verizon Frontline's priority access technology significantly enhances the reliability of their emergency communication system, particularly in high-stress scenarios where network congestion could be problematic.
The geographical diversification across multiple states suggests the system's adaptability to different environmental and regulatory requirements. The blue light ECD technology offers critical redundancy in emergency communications infrastructure, especially in areas with poor cellular coverage or in situations where mobile devices are compromised.
The scalability of their technology across various sectors (government, education, transportation) demonstrates the platform's versatility and potential for standardization across different use cases. However, the company will need to maintain technological competitiveness as the emergency communication market evolves.
Knightscope Adds Three New Companies to Reseller Program
Growth in Knightscope Emergency Communications Continues with 12 New Contracts (Graphic: Business Wire)
The new sales are derived from both new clients as well as existing clients expanding their use of the Company’s technology and service offerings. Knightscope’s modern, blue light ECDs are the key to curing an overconfident dependence on cell phones. Many people may not have (or simply may not be carrying) a cell phone, the cell phone’s battery may be down, or there may be no signal in the area. Similarly, it is possible that visitors who find themselves in need of assistance may not be familiar with local geography and landmarks, thus being unable to give emergency responders an exact or accurate location over a cell phone. And with the recently announced service from Verizon Frontline, the advanced network and technology for first responders, users get priority access to cellular bandwidth to ensure the call reaches the right help in a timely manner.
The Company also added three new resellers to the Knightscope Authorized Partner (“KAP”) program - Clark Transportation Solutions in
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About Knightscope
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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/20241219101240/en/
Public Relations:
Stacy Stephens
Knightscope, Inc.
(650) 924-1025
Source: Knightscope, Inc.
FAQ
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