NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: K
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Posted On: 05/17/2023 5:32:12 PM
NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Signs New Contract with Texas Semiconductor Company
Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, has received a new contract for three K5 ASRs from a semiconductor company in Texas. The new contract is the latest in a series of contracts Knightscope has announced as the company works to provide key services to protect vital industries.
According to the announcement, the semiconductor market reportedly totaled $600 billion in sales in 2021 and is projected to reach $1 trillion within this decade. “Semiconductors are the heart of contemporary electronics, enabling technologies that are essential to U.S. economic growth, national security, and international competitiveness to flourish,” the announcement stated. “Numerous additional applications, including those in communications, computers, healthcare, military systems, transportation, and clean energy, advance on a near daily basis thanks to semiconductors. By providing the most advanced tools to support the safety and security of these facilities, Knightscope is fostering the development of other cutting-edge technologies like brain-inspired computing, virtual reality, energy-efficient sensing, automated devices, robots, and artificial intelligence that have the potential to positively impact society in a similar fashion.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, has received a new contract for three K5 ASRs from a semiconductor company in Texas. The new contract is the latest in a series of contracts Knightscope has announced as the company works to provide key services to protect vital industries.
According to the announcement, the semiconductor market reportedly totaled $600 billion in sales in 2021 and is projected to reach $1 trillion within this decade. “Semiconductors are the heart of contemporary electronics, enabling technologies that are essential to U.S. economic growth, national security, and international competitiveness to flourish,” the announcement stated. “Numerous additional applications, including those in communications, computers, healthcare, military systems, transportation, and clean energy, advance on a near daily basis thanks to semiconductors. By providing the most advanced tools to support the safety and security of these facilities, Knightscope is fostering the development of other cutting-edge technologies like brain-inspired computing, virtual reality, energy-efficient sensing, automated devices, robots, and artificial intelligence that have the potential to positively impact society in a similar fashion.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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