Knightscope, Inc. (KSCP) stock gained in the pre-market after it announced that it had added another Fortune 500 company list to its clientele. KSCP values at $20.22, gaining more than 24.55% from the previously closed value. At the end of the last trading session, the stock closed at $16.29. The stock volume traded in the previous trading session was around 15.26 million shares.
Knightscope, Inc. (KSCP) added another Fortune 500 company
Knightscope, Inc. (KSCP) announced in a press release that Securitas, one of the nation’s top security corporations and a Knightscope channel partner, has added a Knightscope K5 to the security program the nation’s largest financial institutions. Knightscope, Inc. is a developer of advanced physical security technologies that aim at improving the effectiveness of US security operations.
Knightscope is a high-tech security technology company. It is situated in Silicon Valley that creates self-driving security robots that deter, identify, and report risks to persons and property. Knightscope is a leader in the development of fully autonomous security robots. Ultimately, Knightscope wants to see the United States of America become the safest country on the earth, which is their long-term aim.
Knightscope has added yet another Fortune 500 company to its list of satisfied customers and partners. A self-driving security robot known as the K5 will be installed in a newly constructed parking garage to prevent car thefts, loitering, and other forms of criminal trespassing.
The effect on the stock
The stock gained significantly in the pre-market following the news. Investors are responding positively to the extensive clientele of its business. Such an addition to the company will create more revenue streams.
Conclusion
Knightscope, Inc. (KSCP) is a potential player in the security robots business and aims towards making the United States the safest country. The company’s future outlook seems promising and is constantly adding innovation to the business.
