Knightscope Closes $1 Million in New Contracts

Knightscope, Inc. (NASDAQ:KSCP) is one of the 10 Best Small Cap Robotics Stocks to Buy Now. On July 2, the company closed $1 million in new contracts, reflecting robust demand for its products.

The company is taking one step forward by locking in major deals with higher education institutes, parks and recreation centers, and the local government. Bookings for its new Emergency Communication Devices have soared, catalyzing the company’s growth in life-saving communication technology.

Knightscope’s autonomous security robots are also faring well in the market. These robots have secured contracts in the transit authority, data center, and higher education sectors. The company is also amplifying its presence in Washington, D.C., following recent visits and interactions with public officials and key stakeholders.

Knightscope, Inc. (NASDAQ:KSCP) is a robotics and AI company that offers advanced detection systems and autonomous security robots. The company shares a focus on building safer communities.

While we acknowledge the potential of KSCP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.