Knightscope Enters New Commercial Developer Contract

Knightscope Inc. KSCP signed a new contract with a commercial real estate developer based in Denver, Colorado, specializing in designing and building advanced live/work/play communities.
Upon completion of buildout, the urban center development will contain 38 high-rise towers with over 10 million square feet of technologically advanced residential, retail, office, hotel/convention center, and entertainment space, along with over 2.5 million square feet of parking facilities integrated with multi-modal transportation alternatives.
It will accommodate 7,500 permanent residents, over 30,000 additional daytime office and retail residents, along with a 500-room, 25-story hotel and a 225,000 square foot next-generation convention facility.
Price Action: KSCP shares are trading higher by 12.2% at $5.69 on the last check Monday.