Knightscope, Inc KSCP, a developer of autonomous security robots, shared its anticipated revenue growth for the next twelve months and looked to broadcast the first video episode in a series titled “Rise of the Robots” today across its social media platforms.
What Happened? Knightscope investors frequently inquire about obtaining financial and statistical data on the Company’s progress.
“Rise of the Robots” was created to share important Company updates to its investors and tens of thousands of its followers.
Why Does It Matter? “We’ll be filing the 8-K for the combined entity at the end of the year,” said William Santana Li, Knightscope’s chair and CEO. “We expect that the two units together will likely be running at a revenue run rate in the range of $12M - $14M delivering on the accelerated growth by a significant margin versus the $3.4M from 2021. The Rise of the Robots is happening.”
Price Action: KSCP shares closed higher by 5.58% at $2.27 on Monday.
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