Knightscope (NASDAQ: KSCP), an innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety, has received two expansion contracts from existing customers. According to the announcement, the contracts are from a Texas school district and a California transportation commission, with each customer adding a Full-Service Maintenance Plan (“FSMP”) to protect their investment in the company’s Emergency Communication Devices (“ECDs”).
A Houston-based school district currently has 48 K1 Blue Light Towers installed across its properties. The central California transportation commission has 224 K1 Call Boxes in use. The expanded contracts now include FSMP, which offers white-glove support, parts and service for all of Kingscope ECDs and ensures the highest levels of reliability when combined with the Knightscope Emergency Management Software (“KEMS”).
“One of the best ways to gauge the overall health and performance of a company is by watching its existing clients – especially those that broaden the use of one’s products and services,” said Knightscope in the press release. “The benefits of such expansions include shorter sales cycles, higher more efficient close rates and optimized cost-to-serve.”
In addition, Knightscope noted that the next stop for its Robot Roadshow is in Cambridge, Maryland, where Knightscope Authorized Partner X9 Intelligence will be hosting the event. According to the announcement, the roadshow is scheduled for Aug. 8, 2024, from 10 a.m.–2 p.m. ET.
“The Robot Roadshow is an engaging experiential event, allowing potential clients and the general public to participate in expert-led demonstrations in a climate controlled, space-age ‘pod’ where attendees may experience the self-driving, electric technologies that are already helping protect the places people live, work, study and visit,” said the company in the press release. “Visitors will be able to interact directly with Autonomous Security Robots, test a blue light emergency phone and see the Knightscope Security Operations Center (‘KSOC’) user interface in action.”
To view the full press release, visit https://ibn.fm/i4SIR
About Knightscope, Inc.
Knightscope builds cutting-edge technologies to improve public safety. The company’s long-term ambition is to make the United States of America the safest country in the world. For more information about the company, please visit www.Knightscope.com.
NOTE TO INVESTORS: The latest news and updates relating to KSCP are available in the company’s newsroom at https://ibn.fm/KSCP
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