Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, has announced that a Charlotte, North Carolina-based Fortune 500 company renewed its K5 ASR contract for the third year. One of the largest finance companies in the U.S., the client has utilized the K5 ASR since 2022 to patrol a parking structure to help deter car thieves, loitering and criminal trespassing, providing an even safer environment for its customers and employees.
The announcement reads, “Knightscope is grateful that its clients receive such value in its cutting-edge technologies that they continue to renew year after year. Ongoing renewals not only validate the premise of the company’s machine-as-a-service (‘MaaS’) business model, they generate recurring revenue to solve a recurring societal problem. Knightscope’s stated mission is to help make the United States of America the safest country on the planet, and it is honored to serve the financial industry in support of that mission.”
To view the full press release, visit https://ibn.fm/ubwOF
About Knightscope, Inc.
Knightscope is an advanced public safety technology company that builds fully autonomous security robots and blue light emergency communications systems that help protect the places people live, work, study and visit. Knightscope’s long-term ambition is to make the United States of America the safest country in the world. For more information, visit the company’s website at www.knightscope.com.
NOTE TO INVESTORS: The latest news and updates relating to Knightscope are available in the company’s newsroom at https://ibn.fm/KSCP
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