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Knightscope, Inc. (KSCP) announces 9 new deployments and 2 new contracts, expanding its Autonomous Security Robot and Blue Light Emergency Communication System sales. The company continues its growth plan with recent contract wins valued over $1 million. Sales include upgrades to emergency communication systems in Illinois and Kentucky, with new deployments in Arizona, California, Louisiana, and Nevada.
Knightscope, Inc. (KSCP) annuncia 9 nuovi dispiegamenti e 2 nuovi contratti, espandendo le vendite del suo Robot di Sicurezza Autonomo e del Sistema di Comunicazione per Emergenze con Luce Blu. La compagnia prosegue nel suo piano di crescita con recenti vittorie contrattuali valutate oltre 1 milione di dollari. Le vendite includono aggiornamenti ai sistemi di comunicazione d'emergenza in Illinois e Kentucky, con nuovi dispiegamenti in Arizona, California, Louisiana e Nevada.
Knightscope, Inc. (KSCP) anuncia 9 nuevos despliegues y 2 nuevos contratos, expandiendo sus ventas del Robot de Seguridad Autónomo y del Sistema de Comunicación de Emergencia con Luz Azul. La compañía continúa su plan de crecimiento con recientes ganancias de contratos valoradas en más de $1 millón. Las ventas incluyen mejoras a los sistemas de comunicación de emergencia en Illinois y Kentucky, con nuevos despliegues en Arizona, California, Luisiana y Nevada.
Knightscope, Inc. (KSCP)가 새로운 9건의 배치와 2건의 계약을 발표하며 자사의 자율 보안 로봇과 파란색 긴급 통신 시스템 판매를 확장합니다. 이 회사는 100만 달러가 넘는 최근 계약 승리로 성장 계획을 계속 추진하고 있습니다. 판매는 일리노이 및 켄터키의 긴급 통신 시스템 업그레이드를 포함하며, 새로운 배치는 애리조나, 캘리포니아, 루이지애나, 네바다에서 이루어졌습니다.
Knightscope, Inc. (KSCP) annonce 9 nouveaux déploiements et 2 nouveaux contrats, étendant ses ventes de Robot de Sécurité Autonome et de Système de Communication d'Urgence à Lumière Bleue. L'entreprise poursuit son plan de croissance avec des contrats récemment gagnés d'une valeur de plus de 1 million de dollars. Les ventes incluent des mises à niveau des systèmes de communication d'urgence en Illinois et Kentucky, avec de nouveaux déploiements en Arizona, Californie, Louisiane et Nevada.
Knightscope, Inc. (KSCP) kündigt 9 neue Einsätze und 2 neue Verträge an, die den Vertrieb seines autonomen Sicherheitsroboters und des Notfallkommunikationssystems mit Blaulicht erweitern. Das Unternehmen setzt seinen Wachstumsplan mit kürzlich gewonnenen Verträgen im Wert von über 1 Million Dollar fort. Der Verkauf beinhaltet Upgrades für Notfallkommunikationssysteme in Illinois und Kentucky sowie neue Einsätze in Arizona, Kalifornien, Louisiana und Nevada.
Positive
Knightscope secures 9 new deployments and 2 new contracts, enhancing its Autonomous Security Robot and Blue Light Emergency Communication System sales.
Recent contract wins valued over $1 million contribute to the company's growth plan.
Sales involve upgrades to emergency communication systems in Illinois and Kentucky, with new deployments in multiple states.
The company's Autonomous Security Robot features proprietary AI software for enhanced safety measures and interactive guest experiences.
Deployments across various sectors like healthcare, commercial applications, property management, and retail contribute to revenue recognition and long-term value.
Negative
None.
Technology Innovator Delivering on Continued Growth Plan
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--
Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), an innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety, today announces new Autonomous Security Robot (“ASR”) and Blue Light Emergency Communication System sales along with 9 new deployments on the heels of the recently announced winning of 18 contracts valued over $1 million. The contracts announced today are from Illinois and Kentucky, and the new deployments are in Arizona, California, Louisiana, and Nevada.
Knightscope Delivers On 9 New Deployments and Signs 2 New Contracts (Graphic: Business Wire)
SALES CADENCE CONTINUES
A university in the Chicago area is upgrading 5 of its emergency communication systems with Knightscope’s upgrade kit. Modern blue light emergency phones and call boxes 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 the local geography and landmarks, thus being unable to give emergency responders an exact or accurate location over a cell phone. In extreme situations (e.g., a major terrorist event, campus shooting, and natural or man-made disasters such as hurricanes, tornadoes, earthquakes, floods, wildfire, hazardous materials spill, etc.) cell phone users may also experience overloaded networks from too many subscribers trying to access the system during emergent situations when emergency access is most needed. The upgrade transforms the university’s older communications equipment into the more reliable 4G/LTE devices to ensure the highest levels of service.
The Car Park, a Knightscope Authorized Partner (“KAP”) in Idaho, is the reseller responsible for landing a K5 ASR contract with a Louisville, Kentucky hotel. The K5 is driven by proprietary AI software that enhances safety measures at the property while providing visitors with a unique, interactive guest experience. Knightscope’s K5 is the Company’s fully autonomous (i.e., no human intervention needed to operate) outdoor robot capable of watching over a property 24/7/365. The robot’s commanding size along with its conspicuous lighting, strobe lights, broadcast messages and patrol sounds, effectively deter illicit activities, while its sensors gather evidentiary-quality video and publicly available data to aid investigations.
NEW DEPLOYMENTS ADD TO REVENUE RECOGNITION
Knightscope continues to chip away at its backlog of sales by delivering robots to 9 new locations, one of which remains confidential. The eight remaining locations are spread across clients in healthcare, commercial mixed-use applications, property management, multi-family residential, retail, gaming and manufacturing environments. Each deployment allows the Company to begin recognizing revenue, delivering to its bottom line and adding long-term value.
REQUEST A VIRTUAL DEMO
To learn more about Knightscope’s Autonomous Security Robots and its Blue Light Emergency Communication Systems – now available with Automated Gunshot Detection - 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 the United States of America the safest country in the world. Learn more about us and book a discovery call or demonstration today at www.knightscope.com/discover
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.
