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Knightscope, Inc. (NASDAQ: KSCP) has launched a new referral program named Scout, designed to generate business by rewarding participants for qualified leads that lead to contract signings. Under this program, individuals can earn $1,000 per deployed autonomous security robot for each successful contract. The initiative comes in response to insights that potential clients were largely unaware of Knightscope's security technology until contacted directly. This strategic move aims to enhance market awareness and drive sales of Knightscope's innovative security solutions.
Positive
Launch of the Scout referral program to incentivize lead generation.
Potential to increase market awareness of Knightscope's security technologies.
Monetary incentive of $1,000 per deployed robot, encouraging participant engagement.
Negative
None.
Security Innovator Pays its Scouts for Qualified Leads that Convert to Deployments
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--
Knightscope, Inc. [Nasdaq: KSCP], a developer of advanced physical security technologies focused on enhancing U.S. security operations, today announced a new referral program called “Scout” that will pay a referral fee to those who sign up for the Scout program and provide qualified leads.
Knightscope Announces the Scout Referral Program (Photo: Business Wire)
In a recent analysis of new and prospective clients that included the question, “how did you hear about Knightscope?”, most respondents answered, “when Knightscope contacted us.” The Company investigated further and found that participants had not heard about Knightscope, nor did they know that such cutting-edge crime-fighting technology even existed until one of the Knightscope team reached out directly.
To remedy that problem, Knightscope is launching the Knightscope Scout program – a referral program to generate new business. Interested parties who sign up for the program must make a proper introduction to a prospective client by providing qualified information and data with Knightscope’s guidance. If the client signs an annual contract, the Company will pay $1,000 per autonomous security robot once deployed (subject to terms and conditions).
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 us 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. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” in our Annual Report on Form 10-K for the year ended December 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.
The Knightscope Scout program is a referral initiative that pays individuals for qualified leads that result in contract signings for autonomous security robots.
How much can participants earn through the Scout program?
Participants can earn $1,000 for each autonomous security robot deployed under a signed contract from a qualified lead.
Why was the Scout program launched by Knightscope?
The program was launched to address the lack of awareness about Knightscope's technology among potential clients, as revealed in recent analyses.
What company is behind the Scout program?
The Scout program is launched by Knightscope, Inc., a developer of advanced physical security technologies.
What is the stock symbol for Knightscope?
Knightscope's stock symbol is KSCP, traded on NASDAQ.
