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Knightscope Soars 11.34% on Palantir Partnership
Generated by AI AgentAinvest Pre-Market Radar
Friday, Jul 18, 2025 8:45 am ET1min read
Aime SummaryKnightscope 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
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,
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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