Tuesday, 02 January 2024 12:17 GMT

Techmediabreaks Knightscope, Inc. (NASDAQ: KSCP) Secures Over $1 Million In Recurring Revenue Through Renewals


(MENAFN- Investor Brand Network) Knightscope (NASDAQ: KSCP) has secured renewals for seven Autonomous Security Robots (ASRs) and extended Full Service Maintenance agreements for 14 K1B clients, covering over 930 Emergency Communication Devices. These renewals contribute more than $1 million in annual recurring revenue. Notable contract extensions include Dignity health and a Fortune 500 entertainment corporation, both renewing for an eighth year, along with Westland, a Las Vegas residential community, extending its partnership past four years. Additionally, Lake Street Capital Markets has initiated analyst coverage of Knightscope, joining Ascendiant Capital Markets and H.C. Wainwright & Co., signaling increased investor interest in the company's long-term vision.

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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 .

NOTE TO INVESTORS: The latest news and updates relating to KSCP are available in the company's newsroom at

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