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://ibn.fm/kvPzR
To view the full press release, visit https://ibn.fm/aIUih
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.
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.
With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.
Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.
For more information, please visit https://www.InvestorWire.com
InvestorWire is part of the InvestorBrandNetwork.