Knightscope Sells 10 Machines With 2 New Contracts; A Hospital In Colorado And An Online Retailer In Georgia Are The Latest Companies To Add Knightscope Technologies To Their Security Programs; No Financial Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Knightscope, Inc. (NASDAQ:KSCP) has announced two new contracts, selling ten new machines to a hospital in Colorado and an online retailer in Georgia. The online retailer will use two of Knightscope's K1 Hemisphere machines to ensure employee safety and discourage theft at its Georgia facility. The hospital in Colorado has ordered eight of Knightscope's K1 Blue Light Towers to provide wireless communications for those in need of assistance.
October 18, 2023 | 1:43 pm
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Knightscope's new contracts for ten machines could potentially increase its revenues and enhance its market reputation.
The new contracts represent a direct increase in sales for Knightscope, which could lead to increased revenues. Additionally, the use of its machines by a hospital and an online retailer could serve as endorsements of its technology, potentially enhancing its reputation in the market.
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