Knightscope Inc., a leader in the development of autonomous security capabilities, announced that its chairman and CEO, William Santana Li, was a guest on InvestorBrandNetwork’s (“IBN”) the Bell2Bell Podcast. The Bell2Bell Podcast delivers informative updates and exclusive interviews with executives operating in fast-moving industries. During his interview, Li shared a summary of the company’s activity and achievements for the last half of 2020. Knightscope builds autonomous security robots (“ASRs”) designed to provide 24/7/365 security for its clients. Li noted that, despite the global pandemic, the company continued to grow, signing several new contracts for its proprietary security robots; the company’s clients include airports, major grocery store chains, casinos, water-treatment plants and malls, among others. Li explained that Knightscope’s ASRs are immune to COVID-19 and, therefore, capable of always being on the job. “A lot of the focus is on the shiny object — the robots — but we don’t actually sell them,” said Knightscope chairman and CEO William Santana Li. “We don’t sell the hardware, the software or anything else. It’s a subscription at effectively $4 to $11 an hour depending on which machine and what capabilities, so we enjoy luxury automobile per-unit economics, meaning the contracts running 24/7 are $70,000 to $100,000 per annum per machine. Over a five-year period, we look to gross a profit of about $250,000 per machine. Then the margins look more like a software-as-a-service company.”
To hear the full podcast, visit https://www.nnw.fm/ttUKu
To view the full press release, visit https://www.nnw.fm/Vd2Oo
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.
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only)
For more information please visit https://www.networknewswire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
NetworkNewsWire is part of the InvestorBrandNetwork
