MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–$KSCP #SecurityRobot—Knightscope, Inc. (NASDAQ: KSCP), an innovator in robotics and artificial intelligence technologies focused on public safety, today announced that H.C. Wainwright & Co. has initiated coverage on the company with a Buy rating and a 12-month price target of $16 per share.
The report highlights Knightscope’s repositioning for accelerating revenue growth into 2026, citing the company’s Machine-as-a-Service (MaaS) business model, strong industry tailwinds, and expanding market opportunities in the private and public sectors. H.C. Wainwright estimates Knightscope’s near-term market opportunity at $4 billion, with long-term industry potential exceeding $41 billion in recurring revenue.
“Following strategic corporate and technology enhancements in 2024, Knightscope is now well-positioned for long-term revenue growth and margin expansion,” the report states. “As investors recognize the company’s path toward profitability and increasing free cash flow, demand for KSCP shares is expected to rise.”
Knightscope’s solutions to improve public safety, including its autonomous security robots and emergency communication devices, continue to gain traction across airports, casinos, hospitals, corporate campuses, manufacturing facilities, and government agencies. The company recently secured FedRAMP authorization that enables expansion into U.S. federal markets, which further supports its long-term growth outlook.
Experience the Future Today
Knightscope’s portfolio of advanced public safety technologies – including the K1 Laser, Blue Light Emergency Communication Devices, Autonomous Security Robots and Automated Gunshot Detection Services – can enhance security where it matters most; book a discovery call today at www.knightscope.com/discover.
About Knightscope
Knightscope is transforming public safety with cutting-edge robotics and AI technologies. From autonomous security robots to advanced detection systems, Knightscope is committed to building safer communities where you live, work, study and visit. Our long-term ambition is bold but simple: to make the United States of America the safest country in the world. Learn more about us at www.knightscope.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can be identified by the use of words such as “should,” “may,” “intends,” “anticipates,” “believes,” “estimates,” “projects,” “forecasts,” “expects,” “plans,” “proposes” and similar expressions. Forward-looking statements contained in this press release and other communications include, but are not limited to, statements about the Company’s goals, profitability, growth, prospects, reduction of expenses, and outlook. Although Knightscope believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks, uncertainties and other important factors that could cause actual results to differ materially from such forward-looking statements, including the factors discussed under the heading “Risk Factors” in Knightscope’s Annual Report on Form 10-K for the year ended December 31, 2023, as updated by its other filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of the document in which they are contained, and Knightscope does not undertake any duty to update any forward-looking statements, except as may be required by law.
Contacts
Public Relations:
Drew McDowell
[email protected]
Knightscope, Inc.
(650) 924-1025 ext. 6
