Knightscope (NASDAQ: KSCP) Demonstrates The Value In Its Autonomous Security Robots As Clients Continue To Renew Recurring Revenue Contracts
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By Faith Ashmore, Benzinga
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Robots are taking over headlines in 2024 as the world continues to advance and companies around the globe showcase innovative ways to incorporate robots into our society. The robotics market was valued at $31.38 billion in 2021 and is expected to reach $110.39 billion by 2030, with a CAGR of 15% from 2022-2030. One company that is demonstrating how robotics can be integral to public safety is Knightscope (NASDAQ: KSCP), a technology company ushering in the dawn of Autonomous Security Robots (ASRs).
Knightscopes success has garnered attention across the nation, and the company has won corporate contracts with major corporations, law enforcement agencies and even the U....