Curated News
By: NewsRamp Editorial Staff
September 22, 2026
Knightscope Reports $27M in Renewals and New Business
TLDR
- Knightscope secured $27 million in renewals and new business across 109 contracts, signaling strong demand for its Autonomous Security Force.
- Knightscope combines autonomous machines, AI software, and licensed agents into one managed service, with $19.6 million in renewals and $7.5 million in new business.
- Knightscope aims to make the United States the safest country by deploying technology and human agents to protect people and critical infrastructure.
- Knightscope's largest new deal is a $5.8 million award from a national retailer, part of its growing Autonomous Security Force.
Impact - Why it Matters
This news matters because it demonstrates Knightscope's ability to secure significant recurring revenue and new contracts across multiple industries, signaling growing demand for its Autonomous Security Force. The high renewal rate (72%) indicates strong client satisfaction and retention, while the large new award from a national retailer shows expansion into the retail sector. For investors, these bookings provide visibility into future revenue potential, although the company cautions that these figures are not GAAP financial measures. The launch of the Autonomous Security Force at GSX 2026 positions Knightscope at the forefront of AI-driven security solutions, potentially disrupting traditional security services. As concerns about public safety and infrastructure protection rise, Knightscope's technology could play a critical role in making the United States the safest country in the world.
Summary
Knightscope (NASDAQ: KSCP) announced 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. Renewals accounted for about $19.6 million, or 72% of the total, while new business contributed approximately $7.5 million, or 28%. The largest renewal was a three-year master services agreement with a multinational industrial client, estimated at $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.
Industrial, Energy, and Security Services represented roughly $18.7 million across 43 contracts and awards, while Retail and Consumer accounted for about $6.5 million across 11. This update follows the company’s launch of its Autonomous Security Force at GSX 2026, which combines autonomous machines, AI-driven software, and licensed security agents in a single operation. Knightscope clarified 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. For the full press release, visit https://ibn.fm/Xm748. The latest news and updates relating to KSCP are available in the company’s newsroom at https://ibn.fm/KSCP.
InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers access to a vast network of wire solutions, article and editorial syndication to 5,000+ outlets, enhanced press release enhancement, social media distribution via IBN, and tailored corporate communications solutions.
Source Statement
This curated news summary relied on content distributed by InvestorBrandNetwork (IBN). Read the original source here, Knightscope Reports $27M in Renewals and New Business
