Knightscope has secured over $1.3M in new contracts across various sectors, including aviation, casinos, higher education, parks and recreation, healthcare, and local government. The company has also signed new K5 contracts within commercial real estate and smart infrastructure. Analysts forecast an average target price of $15.67, with an estimated upside of 104.26% from the current price. Knightscope reported a 29% increase in total revenue for Q1 2025, reaching $2.9M.
Knightscope, Inc. (NASDAQ: KSCP), a leading provider of autonomous security robots and emergency communication devices, announced today that it has secured over $1.3 million in new contracts across various sectors, including aviation, casinos, higher education, parks and recreation, healthcare, and local government. The company has also signed new K5 contracts within commercial real estate and smart infrastructure, reflecting sustained demand for smarter and more secured environments [1].
The new contracts underscore Knightscope’s growing public sector footprint, with cities, states, and law enforcement agencies expanding their use of the company’s technology. Higher education institutions are also embracing new installations and renewing full-service maintenance (FSM) agreements for substantial fleets of emergency communication devices (ECDs), underscoring the value Knightscope brings to campus safety [1].
Analysts forecast an average target price of $15.67 for Knightscope’s stock, with an estimated upside of 104.26% from the current price. This optimism is driven by the company’s growth prospects and strategic partnerships, such as its recent participation in Palantir’s FedStart program. This collaboration aims to accelerate Knightscope’s entry into the U.S. federal marketplace, positioning the company to scale its solutions for national security and public safety within federal agencies [2].
Knightscope reported a 29% increase in total revenue for Q1 2025, reaching $2.9 million. This strong performance highlights the company’s ability to maintain growth momentum and capitalize on market opportunities. The company’s long-term ambition remains to make the United States the safest country in the world through innovative robotics and AI technologies [1].
References:
[1] https://www.businesswire.com/news/home/20250723378047/en/Knightscope-Closes-Another-%241.3M-in-New-Sales-Wins-Renewals-Expansions
[2] https://in.investing.com/news/sec-filings/knightscope-files-prospectus-supplement-for-up-to-50-million-stock-offering-93CH-4918551
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