Knightscope (NASDAQ: KSCP), an innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety, today announced a new contract from a Texas municipality for 3 K1 Blue Light Towers. According to the update, this is the first contract through the newest Knightscope Authorized Partner (“KAP”) PMB Capital Investments, a Dallas-based, privately held real estate investment and development company.
The announcement reads, “The principals at PMB have over 30 years of combined real estate and capital markets experience including the development of over 5,000 residential lots and over $750 million in direct real estate acquisitions. PMB has the flexibility to invest across all real estate product types and in equity, debt and/or mezzanine capital structures. The firm primarily targets major cities in the southwestern U.S. with strong population growth projections. The success of this inaugural municipal sale sets the stage for the company to secure more contracts and build long-term partnership with PMB.”
To view the full press release, visit https://ibn.fm/w7Hwh
About Knightscope, Inc.
Knightscope builds cutting-edge technologies to improve public safety, and its long-term ambition is to make the United States of America the safest country in the world. For more information, visit the company’s website at www.knightscope.com.
NOTE TO INVESTORS: The latest news and updates relating to Knightscope are available in the company’s newsroom at https://ibn.fm/KSCP
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