Knightscope, Inc. (NASDAQ: KSCP) opened Thursday in the green, as the company a leading developer of autonomous security robots, today announced it has completed its acquisition of CASE Emergency Systems (“CASE”).
The acquisition is planned to contribute to Knightscope’s sales strategy, given CASE’s relationships with numerous key clients, including but not limited to, New York Police Department (NYPD), New York City Fire Department (FDNY), San Bernardino County Transportation Commission (SBCTC), San Luis Obispo Council of Governments (SLOCOG), Ventura County Transportation Commission (VCTC), and Orange County Transportation Authority (OCTA).
These relationships and numerous others will complement and strengthen Knightscope’s growing autonomous security robot business with a comprehensive product portfolio and broadened physical footprint.
Knightscope is an advanced security technology company based in Silicon Valley that builds fully autonomous security robots that deter, detect and report. Knightscope’s long-term ambition is to make the United States of America the safest country in the world.
Said Knightscope CEO William Li, “We look forward to collaboratively working with our new incoming clients to overhaul our Nation’s public safety infrastructure beginning with the 7,000+ blue light towers and emergency call box devices already in network.
“Our country needs superhuman capabilities to fight crime and become the safest country in the world. Autonomy, robotics, 5G, solar, A.I. and electric vehicles can make a positive change to the country’s law enforcement and security apparatus, providing officers and guards unprecedented capabilities to better secure the places you live, work, study and visit,”
KSCP shares opened Thursday up four cents, or 1.6%, to $2.58.
