NY Sports Complex Deploys K5 And Fortune 1000 Hotel Renews Contract For 2nd Year
Portfolio Pulse from Happy Mohamed
Knightscope, Inc. (NASDAQ:KSCP) has announced a new deployment of its K5 Autonomous Security Robots (ASRs) at a soccer academy and sports complex in Long Island, New York. The company has also renewed a contract with a Fortune 1000 hotel and resort chain client in the Seattle area for the second year. The hotel chain has over 6,500 properties globally, with more than 5,400 locations in the United States.
September 07, 2023 | 1:35 pm
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Knightscope's new deployment and contract renewal could potentially increase its revenue and market presence, which may positively impact its stock price.
The new deployment and contract renewal indicate that Knightscope's products are in demand and that the company is able to retain its clients. This could lead to increased revenue and a stronger market presence, which are likely to have a positive impact on the company's stock price.
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IMPORTANCE 80
RELEVANCE 100