Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots, announced that it has entered a definitive agreement for the acquisition of CASE Emergency Systems. The transaction is expected to close later this month. According to the announcement, Knightscope is making the strategic move to boost revenues and expand its ability to make a positive impact on the safety of communities nationwide. A leader in blue-light emergency phones and an innovator in next-generation wireless emergency communications technology, CASE gives Knightscope a strategic entry into a nationwide market. Last year, CASE reported profitable revenue of more than $5.4 million. The planned acquisition also gives Knightscope a significant increase in physical presence with more than 7,000 devices currently deployed across the United States, as well as nine production and logistics facilities spread throughout California, Texas and New York and team members located in four states.
In addition, CEO William Santana Li was featured in a recent episode of the Championship Leadership podcast series, which is designed to support anyone committed to becoming leaders in their businesses, families and communities. During the interview, Li joined host Nate Bailey in discussing his journey to founding Knightscope and the company’s mission to make the United States safer. Li talked about the company’s game-changing autonomous security robots and the key role they play in addressing the $2 trillion annual negative economic impact that crime has in the country.
To listen to the full interview, visit https://ibn.fm/k12KZ
To view the full press releases, visit https://ibn.fm/sCPW2 and https://ibn.fm/525sD
About Knightscope Inc.
Knightscope is an advanced security technology company based in Silicon Valley that builds fully autonomous security robots that deter, detect and report. The company’s long-term ambition is to make the United States of America the safest country in the world. For more information about the company, please visit www.Knightscope.com.
NOTE TO INVESTORS: The latest news and updates relating to Knight are available in the company’s newsroom at https://ibn.fm/Knight
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