Knightscope, Inc. Announces A New Contract With A California Supplier Of Semiconductor Final-Test, System-Level Test Sockets And Thermal Control Units For One 5th Generation K5 Autonomous Security Robot And Two K1 Hemispheres; No Terms Disclosed
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Knightscope, Inc. (NASDAQ:KSCP) has secured a new contract to provide a California semiconductor supplier with one 5th Generation K5 Autonomous Security Robot and two K1 Hemispheres. The client aims to reduce guarding costs and protect its chip production facility. The K5 will patrol indoors, while the K1 Hemispheres will monitor the building's entrances. The client may consider expanding the use of Knightscope's robots to its other US locations after evaluating the initial deployment.

December 20, 2023 | 2:52 pm
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Knightscope, Inc. has announced a new contract with a California semiconductor supplier for its security robots, indicating potential growth and expansion to additional locations.
The announcement of a new contract for Knightscope is a positive development, suggesting increased adoption of their products and potential for future expansion. This could lead to increased revenue and a positive perception among investors, likely resulting in a short-term positive impact on KSCP's stock price.
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