STOCK TITAN

Knightscope Announces New Deployment in Charlotte, NC

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Knightscope, Inc (NASDAQ: KSCP) has successfully deployed a Knightscope K5 Autonomous Security Robot with a Fortune 500 finance company in Charlotte, NC. This deployment aims to enhance the security environment for both customers and employees as the property crime rate in the area is notably higher than the national average. Knightscope’s mission is to make the United States the safest country, and this expansion supports that goal.

Positive
  • Deployment of K5 Autonomous Security Robot with a Fortune 500 company enhances security.
  • Addresses higher-than-average crime rates in Charlotte, NC, supporting the company's mission.
Negative
  • None.

Public Safety Innovator Continues Market Expansion

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Knightscope, Inc. [Nasdaq: KSCP], a developer of advanced physical security technologies focused on enhancing U.S. security operations, today announced that it has deployed a Knightscope K5 Autonomous Security Robot (ASR) with a Fortune 500 company located in Charlotte, NC. One of the largest finance companies in the United States added the K5 ASR to its already robust security program to help provide an even safer environment for its customers and employees. According to BestPlaces.net, Charlotte’s property crime rate (ranked on a scale of 1 to 100) is 53.6, which is higher than the national average of 35.4. Knightscope’s stated mission is to help make the United States of America the safest country on the planet, and it is honored to be active in this region in support of that mission.

Knightscope Announces New Deployment in Charlotte, NC (Photo: Business Wire)

Knightscope Announces New Deployment in Charlotte, NC (Photo: Business Wire)

About Knightscope

Knightscope is an advanced security technology company based in Silicon Valley that builds fully autonomous security robots that deter, detect and report. Knightscope’s long-term ambition is to make the United States of America the safest country in the world. Learn more about us at www.knightscope.com. Follow Knightscope on Facebook, Twitter, LinkedIn and Instagram.

Forward Looking Statements

This press release may contain ”forward-looking statements” about Knightscope’s future expectations, plans, outlook, projections and prospects. Such forward-looking statements can be identified by the use of words such as ”should,” ”may,” ”intends,” ”anticipates,” ”believes,” “estimates,” “projects,” “forecasts,” “expects,” “plans,” ”proposes” and similar expressions. Although Knightscope believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2021. Forward-looking statements speak only as of the date of the document in which they are contained, and Knightscope does not undertake any duty to update any forward-looking statements except as may be required by law.

Donna Loughlin Michaels, LMGPR, (408) 393-5575

 

Source: Knightscope, Inc.

FAQ

What recent deployment did Knightscope announce?

Knightscope announced the deployment of a K5 Autonomous Security Robot with a Fortune 500 company in Charlotte, NC.

What is the crime rate in Charlotte where Knightscope deployed its robot?

Charlotte's property crime rate is ranked at 53.6, higher than the national average of 35.4.

What is the stock symbol for Knightscope?

The stock symbol for Knightscope is KSCP.

How does Knightscope aim to enhance security in the US?

Knightscope's mission is to make the United States the safest country, employing technology like the K5 Autonomous Security Robot.

Which sector is Knightscope's recent deployment focused on?

The recent deployment is focused on the finance sector, specifically with a Fortune 500 company.

Knightscope, Inc.

NASDAQ:KSCP

KSCP Rankings

KSCP Latest News

KSCP Stock Data

30.96M
136.10M
2.52%
3.99%
8.4%
Security & Protection Services
Communications Equipment, Nec
Link
United States of America
MOUNTAIN VIEW