Knightscope Wins 18 Contracts For New Business Along With 5 Renewal Agreements Valued At Over $1M
Portfolio Pulse from Benzinga Newsdesk
Knightscope, Inc. (NASDAQ:KSCP), a leader in robotics and AI technologies for public safety, celebrates its 11th anniversary by securing 18 new contracts and 5 renewal agreements valued at over $1 million. These contracts, spanning across various fast-growing markets like transportation, healthcare, education, and local government, underscore Knightscope's continued growth and expansion across the United States, including multiple states and Puerto Rico.
April 04, 2024 | 1:36 pm
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Knightscope, Inc. (KSCP) announces 18 new contracts and 5 renewals valued over $1M, highlighting its growth in robotics and AI for public safety across multiple US states and sectors.
The announcement of 18 new contracts and 5 renewal agreements valued at over $1 million signifies a strong growth trajectory for Knightscope, Inc. (KSCP). This expansion into fast-growing markets such as transportation, healthcare, education, and local government, not only demonstrates the company's increasing market penetration but also its potential for future revenue growth. Given the significance of these contracts and the sectors involved, this news is likely to be viewed positively by investors, potentially leading to a short-term uptick in KSCP's stock price.
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