Knightscope Awarded Authority To Operate From The Federal Risk And Authorization Management Program, Sponsored By The U.S. Department Of Veterans Affairs
Portfolio Pulse from Benzinga Newsdesk
Knightscope, Inc. (NASDAQ:KSCP) has received Authority to Operate (ATO) from FedRAMP, sponsored by the U.S. Department of Veterans Affairs. This allows Knightscope to be listed on the FedRAMP Marketplace as an approved provider for federal agencies and begin deployment for the VA contract. The company's 2024 Roadmap includes growth, margin improvements, acquisitions, and pre-orders for the new K7 in 2025.
January 03, 2024 | 2:32 pm
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Knightscope has been granted ATO from FedRAMP, which is expected to expand its market opportunities with federal agencies and support its growth strategy outlined in the 2024 Roadmap.
Receiving the ATO from FedRAMP is a significant milestone for Knightscope, as it not only opens up a new customer base among federal agencies but also demonstrates the company's commitment to cybersecurity. This development is likely to be viewed positively by investors, as it aligns with the company's growth and profitability goals stated in the 2024 Roadmap. The potential for new contracts and the upcoming pre-orders for the K7 could drive investor optimism and potentially increase the stock price in the short term.
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IMPORTANCE 90
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