EXCLUSIVE: Knightscope and PENN Entertainment Join Forces: Autonomous Security Robots Deployed at Key Casino Locations
Portfolio Pulse from Anusuya Lahiri
Knightscope, Inc. (NASDAQ:KSCP) has signed a deal with PENN Entertainment, Inc (NASDAQ:PENN) to deploy its K5 Autonomous Security Robots at PENN's 43 gaming and racing properties across the US. The robots, which provide additional security and a two-way communication system, have already been deployed at three locations. Following the announcement, KSCP shares rose by 5.63% in premarket trading.
September 25, 2023 | 1:22 pm
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NEUTRAL IMPACT
PENN Entertainment's partnership with Knightscope for the deployment of security robots at its properties could enhance its security measures and guest experience. The impact on PENN's share price is not mentioned.
The partnership with Knightscope could enhance PENN Entertainment's security measures and guest experience at its properties. However, the news does not mention any impact on PENN's share price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Knightscope's partnership with PENN Entertainment for the deployment of its security robots at 43 locations could boost its revenues and market presence. The news led to a 5.63% rise in KSCP's premarket share price.
The partnership with PENN Entertainment could significantly increase Knightscope's revenues and market presence, as it involves the deployment of its security robots at 43 locations. This positive news likely contributed to the 5.63% rise in KSCP's premarket share price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100