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Knightscope, Inc. - KSCP STOCK NEWS

Welcome to our dedicated page for Knightscope news (Ticker: KSCP), a resource for investors and traders seeking the latest updates and insights on Knightscope stock.

Knightscope, Inc. (symbol: KSCP) is a leading-edge security technology company based in Silicon Valley specializing in the design, development, and deployment of Autonomous Security Robots (ASRs). These sophisticated robots are an integral part of Knightscope's broader platform that blends robotics, predictive analytics, and collaborative social engagement aimed at predicting and preventing crime.

The company's ASRs, such as the K5, are autonomous machines equipped with a wide array of sensors to monitor their environments, providing a visible and commanding presence in public places where security is a priority. Each ASR can generate over 90 terabytes of data annually, communicating with the Knightscope Security Operations Center (KSOC) in real-time via a secure wireless network. The KSOC provides a browser-based user interface that allows for immediate alerts of any unusual or suspicious activity.

Knightscope offers its products on a Machine-as-a-Service (MaaS) basis, allowing clients to deploy these advanced security solutions at a cost-effective rate of $6.25 per hour, per machine, available for 24/7 deployment over one, two, or three-year terms. Currently, the K5 model is available for pre-order to select customers in Silicon Valley, catering to outdoor environments such as corporate campuses and data centers.

Beyond robots, Knightscope also develops and supports autonomous charging stations, proprietary software interfaces, and emergency communication devices. These technologies together create an ecosystem that ensures continuous data collection and comprehensive security coverage, both indoors and outdoors.

Knightscope's innovative approach to security has garnered significant attention, resulting in various partnerships and ongoing projects aimed at enhancing public safety. By leveraging cutting-edge technology, Knightscope remains at the forefront of the security industry, offering solutions that not only enhance safety but also streamline security operations for their clients.

News

Knightscope Authorized Partner TS&L Purchases First 13 K1 Blue E-Phones for Georgia State University

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Knightscope, Inc. (Nasdaq: KSCP) announces its first order of 13 K1 Blue Light E-Phones for Georgia State University by Knightscope Authorized Partner Transportation Solutions & Lighting, Inc. This is the first of more than 50 emergency communication devices to be installed at the downtown Atlanta campus. The K1 emergency phones provide dependable wireless communications away from buildings and are fully wireless, requiring no digging or trenching when installed.
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Knightscope Caps Off Year with 6-Robot Expansion Contract in Detroit, MI

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Knightscope, Inc. (KSCP) announces a new expansion contract for 6 Autonomous Security Robots, bringing the total number of robots under contract for a gaming client to 14. The expansion is part of a larger master agreement with an entertainment company, enabling corporatewide expansion of Knightscope technologies to 43 properties across the United States.
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Commercial Real Estate Investment Firm Signs Contract for Knightscope K5 ASR

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Knightscope, Inc. [Nasdaq: KSCP] announces a new contract for its 5th Generation K5 Autonomous Security Robot to patrol a retail shopping center in Kansas City, MO. The company emphasizes the importance of physical security in commercial real estate and highlights the increasing aggressiveness of shoplifters, making crime deterrence and investigations critical. The National Retail Federation's Retail Security Survey (2021-2022) is referenced to support this claim. Knightscope's successful track record in the retail space is mentioned as a driving force behind securing additional contracts.
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Texas Transportation Provider Expands Use of Knightscope Technologies

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Knightscope, Inc. (Nasdaq: KSCP) announces an expansion contract for 3 K1 Blue Light Towers with a public transportation provider in Texas, bringing the total number of Towers purchased to 13. The client operates bus, paratransit services, and a commuter rail system covering over 500 square miles of service area with a ridership of over 21 million people. Knightscope’s Blue Light Towers provide reliable, one-touch communication with emergency services, especially in areas with scarce cell phone service or dead batteries.
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Real Estate Developer Deploys 2 New Knightscope K1 Towers in Los Angeles

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Knightscope, Inc. (Nasdaq: KSCP) announces the deployment of two new K1 Towers in Los Angeles, CA through a 50-year old real estate development company. The robots are augmenting security operations in a downtown mixed-use area near the Crypto.com Arena, providing a safer environment for local residents, employees, and visitors. The client is a large real estate developer with significant expansion opportunities in the future.
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Knightscope Files Lawsuit on Capybara Research for Short and Distort Practices

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Knightscope, Inc. (Nasdaq: KSCP) announces a lawsuit against Capybara Research for short and distort practices. The lawsuit was filed in the United States District Court for the Southern District of New York. Knightscope has successfully identified the person responsible for the malicious article and is taking legal action. The company is also suing the social media news outlet Benzinga for republishing false reports. Chairman and CEO, William Santana Li, is committed to pursuing all short and distort campaigns against the company and irresponsible media outlets.
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Leading Semiconductor Test Equipment Supplier Signs 3-Machine Contract

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Knightscope, Inc. (Nasdaq: KSCP) announces a new contract with a California semiconductor supplier for one 5th Generation K5 Autonomous Security Robot and two K1 Hemispheres. The client seeks advanced technologies to reduce guarding costs and protect its chip production, testing, and research facility. The K5 ASR will patrol the manufacturing floor, while the K1H units will monitor the building's entrances and rear area adjacent to a regional airport.
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Knightscope Growth in Healthcare and Higher Education Continues

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Knightscope, Inc. (Nasdaq: KSCP) announces new sales in healthcare and higher education, representing 4 additional emergency communication devices and related services. A private university in California is adding 2 K1 Blue Light Towers with a full service maintenance program to its existing emergency phone system, while a well-known teaching hospital in New Jersey purchased 2 solar-powered K1 Blue Light E-Phones. These sales highlight the continued growth of Knightscope in rapidly growing market segments.
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Memphis Hotel Deploys 5th Generation K5 ASR

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Knightscope, Inc. (Nasdaq: KSCP) deploys its 5th Generation K5 Autonomous Security Robot at a luxury hotel in Memphis, TN, enhancing safety and security for guests, staff, and visitors. The ASR will patrol parking areas, alerting personnel to threats and providing a highly visible, branded guest experience. Knightscope also provides recommendations for combatting crimes challenging the hotel industry.
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Knightscope Begins Shipping 5th Generation K5 ASR

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Knightscope, Inc. (Nasdaq: KSCP) announces the release of the 5th Generation K5 Autonomous Security Robot (K5v5) with a ground-up redesign. The K5v5 production has commenced in Silicon Valley, and machines are beginning to ship to clients across the country. The new design draws from over 2.5 million hours of field operations, featuring improvements in propulsion, camera elevation, battery architecture, audio enhancements, lighting, and serviceability. The K5v5 is capable of indoor and outdoor deployments and has a successful track record of reducing crime across various locations in the United States.
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FAQ

What is the current stock price of Knightscope (KSCP)?

The current stock price of Knightscope (KSCP) is $15.63 as of November 22, 2024.

What is the market cap of Knightscope (KSCP)?

The market cap of Knightscope (KSCP) is approximately 58.1M.

What does Knightscope, Inc. do?

Knightscope designs, develops, and deploys Autonomous Security Robots (ASRs) and related technologies to enhance security through real-time data monitoring and predictive analytics.

What are Autonomous Security Robots (ASRs)?

ASRs are autonomous robots equipped with sensors to monitor their environment, providing a physical security presence and generating real-time data for predictive analytics.

How does Knightscope's technology work?

Knightscope's ASRs collect environmental data and communicate it in real-time to the Knightscope Security Operations Center (KSOC) via a secure wireless network for immediate alerts and monitoring.

What is the cost of deploying Knightscope's robots?

The K5 model is available on a Machine-as-a-Service basis at $6.25 per hour, per machine for 24/7 deployment, with terms of one, two, or three years.

Where can Knightscope's robots be deployed?

Knightscope's robots are suitable for outdoor environments such as corporate campuses and data centers, providing enhanced security and monitoring.

What additional products does Knightscope offer?

In addition to robots, Knightscope offers autonomous charging stations, emergency communication devices, and proprietary software interfaces for comprehensive security solutions.

What is the Knightscope Security Operations Center (KSOC)?

The KSOC is a browser-based user interface that provides real-time access to data collected by Knightscope's ASRs, enabling immediate alerts and comprehensive monitoring.

Can any business use Knightscope’s services?

Currently, Knightscope's K5 robot is available for pre-order to select customers in Silicon Valley, but the company aims to expand availability as demand grows.

How much data can a Knightscope robot generate?

Each Knightscope ASR is capable of generating over 90 terabytes of data annually, which is used for real-time monitoring and predictive analysis.

What makes Knightscope's approach to security unique?

Knightscope's integration of robotics, predictive analytics, and real-time data communication provides a proactive approach to security that aims to predict and prevent crime.

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Knightscope, Inc.

Nasdaq:KSCP

KSCP Rankings

#4754 Ranked by Market Cap
N/A Ranked by Dividends

KSCP Stock Data

58.14M
3.41M
1.97%
2.88%
10.43%
Security & Protection Services
Communications Equipment, Nec
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