North Hollywood Client Renews Knightscope Security Robot Contract For 8th Year
Portfolio Pulse from Benzinga Newsdesk
Knightscope, Inc. (NASDAQ:KSCP), a developer of autonomous security robots and blue light emergency systems, announced the renewal of its K5 Autonomous Security Robot contract for the eighth year by a client in the entertainment industry. The client has cited deterrence results as a key factor for satisfaction. The renewal signifies client satisfaction, trust in Knightscope's Machine-as-a-Service business model, and the potential for future business growth and opportunities.

February 06, 2024 | 2:40 pm
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Knightscope, Inc. announces the renewal of its K5 Autonomous Security Robot contract for the eighth consecutive year by a client in the entertainment industry, emphasizing client satisfaction and trust in its business model.
The renewal of the contract for the eighth consecutive year by a client in the entertainment industry not only demonstrates the effectiveness and reliability of Knightscope's K5 Autonomous Security Robot but also indicates strong client satisfaction and trust in Knightscope's Machine-as-a-Service business model. This renewal is likely to be viewed positively by investors as it reflects the company's ability to maintain long-term relationships with its clients, potentially leading to stable recurring revenue and opportunities for future growth.
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