Knightscope Secures Over $1M in Annual Recurring Revenue through Renewals
10 Febbraio 2025 - 3:45PM
Business Wire
Lake Street Capital Markets Initiates
Coverage
Knightscope, Inc. (NASDAQ: KSCP), an innovator in robotics and
artificial intelligence technologies focused on public safety, has
successfully secured renewals for 7 Autonomous Security Robots
(ASRs) and extended Full Service Maintenance (FSM) agreements for
14 K1B clients with Emergency Communication Devices (ECDs),
covering over 930 ECDs. These renewals collectively contribute more
than $1 million in annual recurring revenue.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20250210762740/en/
(Graphic: Business Wire)
Among the renewed agreements, Dignity Health has extended
its Machine-as-a-Service (MaaS) subscription for an 8th consecutive
year. Additionally, a Top 10 Fortune 500 entertainment
corporation renewed its agreement for an 8th year, reinforcing
its continued confidence in Knightscope’s technology.
Westland, a residential community in Las Vegas, NV, also
renewed its MaaS subscription, marking over four years of
partnership with Knightscope.
Further demonstrating growing market interest, a third
independent analyst has initiated coverage of Knightscope’s stock.
This latest initiation by Lake Street Capital Markets,
alongside existing coverage from Ascendiant Capital Markets
and H.C. Wainwright & Co., underscores the increasing
recognition of Knightscope’s mission, technology, and market
potential. While specific details of the Lake Street’s
coverage can be accessed by contacting the investment bank’s
Institutional Equity Research team, the expansion of analyst
coverage reflects heightened engagement from the investment
community in Knightscope’s long-term vision and business
strategy.
Experience the Future Today
Knightscope’s portfolio of advanced public safety technologies –
including the K1 Laser, Blue Light Emergency Communication Devices,
Autonomous Security Robots and Automated Gunshot Detection Services
– can enhance security where it matters most. Book a discovery call
today at www.knightscope.com/discover.
About Knightscope
Knightscope is transforming public safety with cutting-edge
robotics and AI technologies. From autonomous security robots to
advanced detection systems, Knightscope is committed to building
safer communities where you live, work, study and visit. Our
long-term ambition is bold but simple: to make the United States of
America the safest country in the world. Learn more about us at
www.knightscope.com.
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/20250210762740/en/
Public Relations Drew McDowell
press@yourwashingtonoffice.com Knightscope, Inc. (650) 924-1025
ext. 6
Grafico Azioni Knightscope (NASDAQ:KSCP)
Storico
Da Mar 2025 a Mar 2025
Grafico Azioni Knightscope (NASDAQ:KSCP)
Storico
Da Mar 2024 a Mar 2025