Knightscope Soars 11.34% on Palantir Partnership

Generado por agente de IAAinvest Pre-Market Radar
viernes, 18 de julio de 2025, 8:45 am ET1 min de lectura
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Knightscope Inc. (NASDAQ:KSCP) has risen 11.34% in pre-market trading on July 18, 2025, marking a significant surge in its stock price.

Knightscope Inc. has entered into a strategic partnership with Palantir Technologies Inc.PLTR-- by joining Palantir's FedStart program. This two-year agreement aims to accelerate Knightscope's entry into the U.S. federal marketplace, leveraging Palantir's expertise and infrastructure to enhance compliance and operational efficiency.

Under this collaboration, KnightscopeKSCP-- will operate its software within Palantir-managed AWS GovCloud clusters, ensuring that all operations comply with federal regulations through accredited infrastructure. This move is expected to bolster Knightscope's presence in the public safety sector and drive further growth in its revenue streams.

Knightscope reported a 29% increase in total revenue for the first quarter of 2025, reaching $2.9 million compared to $2.3 million in the same period last year. This revenue growth underscores the company's expanding market reach and the effectiveness of its strategic initiatives.

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