Knightscope, Inc. (NASDAQ: KSCP) Proving the Value of Robots in Everyday Lives

Rhea-AI Summary

Knightscope, Inc. (NASDAQ: KSCP) was featured in a NetworkNewsWire editorial highlighting the growing presence of robots in various sectors. The global demand for industrial robots surged, with 517,000 units installed in 2021, reflecting a 31% increase from the previous year. Knightscope is actively investing in cutting-edge technology to enhance the everyday utility of robots. The company's goal is to make the U.S. the safest country through its autonomous security robots that deter, detect, and report.

Positive

• Increased visibility and credibility from being featured in a NetworkNewsWire editorial.
• Growing global market for industrial robots with 517,000 units installed in 2021, indicating a strong demand.

Negative

• None.

NEW YORK, Dec. 06, 2022 (GLOBE NEWSWIRE) -- via InvestorWire — Knightscope, Inc. (NASDAQ: KSCP) today announces its placement in an editorial published by NetworkNewsWire ("NNW"), one of 50+ trusted brands within the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities.

To view the full publication, “The Rise of the Robots — Already Here, More Are Coming,” please visit: https://nnw.fm/YPxvg

Although some people may be surprised, today’s world is full of robots. While these electro-mechanical devices may not be in the form of a cyborg RoboCop, they’re already serving people in countless ways. Industrial robots are a primary application today, with the world becoming accustomed to, and even expecting, life-altering technologies as robots shuttle people around, perform surgeries, keep communities safe, and much more.

A global market summary by the International Federation of Robotics showed the robot trend accelerating, with a record 517,000 new industrial robots installed in factories around the world in 2021, up 31% from 2020. A host of innovative companies — including Knightscope, Inc. (NASDAQ: KSCP) — are investing in, developing and deploying leading-edge technology that is proving the value of robots in everyday lives or increasing their long-term potential.

About Knightscope, Inc.

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.
For more information, visit the company’s website at www.knightscope.com.

NOTE TO INVESTORS: The latest news and updates relating to Knightscope are available in the company’s newsroom at https://ibn.fm/KSCP

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness.

NNW is where news, content and information converge.

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NetworkNewsWire (NNW)
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FAQ

What recent editorial was Knightscope featured in?

Knightscope was featured in an editorial by NetworkNewsWire discussing the rise of robots in various sectors.

What is the significance of the 517,000 industrial robots installed in 2021?

The installation of 517,000 new industrial robots in 2021 indicates a 31% growth from 2020, showcasing a significant demand in the robotics market.

How is Knightscope contributing to the robotics industry?

Knightscope is investing in technology to enhance the functionality of robots, specifically focusing on autonomous security solutions.

What is Knightscope's long-term goal?

Knightscope aims to make the United States the safest country in the world through its advanced security robots.

Where can I read the full NetworkNewsWire publication featuring Knightscope?

The full publication can be accessed at https://nnw.fm/YPxvg.