Announcing a strategic alliance with Allied Universal, Knightscope Inc. (KSCP) stock rose in the current market. KSCP is currently trading at $8.14, up more than 28.80% from its previous closing price. The stock finished at $6.32 at the end of the latest trading day. The previous trading session saw about 10.55 million shares of stock exchanged.
Knightscope, Inc. (KSCP) announced a strategic partnership with Allied Universal
Knightscope, Inc. (KSCP) and Allied Universal have forged a strategic agreement to discourage crime, improve situational awareness, and protect security professionals in the US. Allied Universal employs approximately 800,000 people worldwide in security and facility services.
Knightscope’s technologies, including K5 Outdoor, K3 Indoor, and K1 Stationary ASRs, will be available in the US through Allied Universal Technology Services, a subsidiary of Allied Universal. Fewer crimes thanks to Knightscope’s robots. Knightscope and Allied Universal can save customers money by monitoring ASR alerts.
Knightscope Inc. (KSCP) added another Fortune 500 firm
A Knightscope K5 has been added to the protection plans of some of the nation’s top financial institutions, according to Knightscope, Inc. (KSCP). The K5 self-driving security robot will patrol a new parking garage for auto theft, loitering, and other criminal trespassing.
KSCP CEO’s remarks on the alliance
Knightscope’s CEO, William Santana Li, said the Allied Universal cooperation is a winning formula: Robots do the laborious, computational work, while humans handle the strategic, hands-on responsibilities. Now they may look forward to a future of solid long-term growth.
Conclusion
Knightscope, Inc. (KSCP) went public recently a couple of weeks ago. On Jan 31, 2022, the stock surpassed the $21 per share mark within a couple of days, but it crashed in the market. Today the stock surged after the strategic alliance between the two companies.
