Knightscope Receives New Contract For Three Robots
Portfolio Pulse from Benzinga Newsdesk
Knightscope, Inc. (NASDAQ:KSCP) has secured a contract for one K5 and two K1 Autonomous Security Robots (ASRs) from a 50-year old real estate developer. The robots will join the security team of a downtown Los Angeles mixed-use area near the Crypto.com Arena.
June 13, 2023 | 2:36 pm
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Knightscope has won a contract for three ASRs from a major real estate developer, potentially boosting its revenue and market presence.
The contract for three ASRs from a major real estate developer directly impacts Knightscope's revenue and market presence. The developer's large scale and established reputation could lead to further opportunities and increased visibility for Knightscope's products, potentially driving up the stock price in the short term.
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