Knightscope Reports $27 Million in Renewals, Bookings and Client Awards, Signaling Growth in Autonomous Security

Knightscope, Inc. (NASDAQ: KSCP), a security technology company building the nation's first Autonomous Security Force, reported approximately $27 million in estimated renewals, bookings and client awards across 109 contracts and awards in seven vertical markets from May 20 through Sept. 18, 2026. The figures, disclosed in a recent press release, highlight the company's growing traction in the security technology sector and its expanding footprint across key industries.

Estimated renewals accounted for approximately $19.6 million, or 72% of the total, while estimated new business contributed approximately $7.5 million, or 28%. The largest renewal was a three-year master services agreement with a multinational industrial client, with services estimated at approximately $17 million over the initial term based on current service levels. The largest new engagement was a written client award from a national retailer valued at approximately $5.8 million. These numbers underscore the recurring revenue potential of Knightscope's managed service model and its ability to secure long-term commitments from large enterprises.

By vertical market, Industrial, Energy and Security Services represented approximately $18.7 million across 43 contracts and awards, while Retail and Consumer accounted for approximately $6.5 million across 11. This distribution reflects the broad applicability of Knightscope's solutions across sectors that require robust security infrastructure. The update follows the company's launch of its Autonomous Security Force at GSX 2026, combining autonomous machines, AI-driven software and licensed security agents in a single operation. This integrated approach positions Knightscope as a unique player in the security industry, offering a comprehensive solution that blends technology with human oversight.

Knightscope noted that its renewals, bookings and client awards metric is not a measure of revenue, backlog, remaining performance obligations or another financial measure under generally accepted accounting principles. Investors should consider this metric alongside other financial disclosures. For more details, the full press release is available at https://ibn.fm/Xm748. The latest news and updates relating to KSCP can be found in the company's newsroom at https://ibn.fm/KSCP.

The announcement's significance extends beyond Knightscope's immediate financials. It signals a growing acceptance of autonomous security solutions among large industrial and retail clients, which could drive further adoption across Texas and the nation. As a managed service provider, Knightscope delivers autonomous machines, AI-driven software, and licensed security agents as one accountable operation, under one contract, to help protect people, property, and critical infrastructure. The company's long-term mission is to make the United States of America the safest country in the world. This mission aligns with broader trends in public safety and smart city initiatives, where technology is increasingly leveraged to enhance security and operational efficiency.

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For Texas businesses and the broader economy, Knightscope's performance illustrates the economic impact of technology companies that are scaling innovative solutions. The company's success in securing substantial renewals and new business could spur further investment in autonomous security and AI, creating jobs and advancing the state's reputation as a hub for technology and innovation. As industries continue to prioritize safety and efficiency, Knightscope's model may serve as a blueprint for others seeking to integrate automation with human expertise.