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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

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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Knightscope Builds on Land and Expand Plan with Two More Purchase Orders

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Knightscope, Inc. (KSCP) announces expansion sales from a Knightscope Authorized Partner and a Texas university for their autonomous security robots and blue light emergency communication systems. The sales include an inventory replenishment order for 9 new K1 Blue Light Towers and the implementation of standardized lighting and emergency call boxes in student neighborhoods. Year to date, expansion orders account for more than 170 Knightscope emergency communications devices in total.
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Unico Properties Advances Security at U.S. Bancorp Tower with First Autonomous Security Robot in Downtown Portland

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Knightscope, Inc. [Nasdaq: KSCP] announces Unico Properties LLC has incorporated the Knightscope K5 Autonomous Security Robot (ASR) into its security measures at U.S. Bancorp Tower in downtown Portland, enhancing safety and security for tenants and visitors. The robot, nicknamed 'Rob,' provides continuous surveillance, thermal imaging, two-way intercom capabilities, license plate recognition, and other advanced features to support the security officers and reduce unwanted activity around the building. The addition of Rob is part of Unico's ongoing commitment to implementing cutting-edge technology and ensuring the safety of its tenants and employees in the building.
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California Community College Expands with 17-Device Order

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Knightscope, Inc. (KSCP) announces the expansion of emergency communications at a California community college with an order for 17 more solar-powered K1 Blue Light Towers. The total deployment of the devices now reaches 32. The company's mission to make schools and educators safer is emphasized, and the devices are affordable and easy to install, providing clear voice connectivity with a flashing blue strobe and area illumination.
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Knightscope Announces CFO Transition, Focuses on Profitable Growth

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Knightscope, Inc. (Nasdaq: KSCP) announces the appointment of Apoorv S Dwivedi as the Executive Vice President and Chief Financial Officer, effective January 2024. This strategic move aims to focus on profitable growth, margin enhancements, operational efficiencies, and streamlined decision making. Mallorie Burak, President and CFO, will be stepping down in early January 2024 to pursue other opportunities, with William Santana Li, Chairman and CEO, re-assuming operational responsibilities of the President.
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Knightscope Begins Selling Automated Gunshot Detection

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Knightscope, Inc. (Nasdaq: KSCP) has announced the commencement of sales for its Automated Gunshot Detection (AGD) systems for indoor and outdoor environments. The AGD is completely automated with precision localization that can locate shots in both the horizontal and vertical planes, reducing police and security response times. Notifications are delivered in less than 2 seconds, and the system aims to mitigate active-shooter events, reduce false alarms, and complement other security solutions.
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Knightscope Reseller TS&L Expands Project Scope with University in Tennessee

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Knightscope, Inc. (KSCP) announces expansion sale to supply, install, and support 14 solar powered K1 Blue Light Emergency Towers throughout a university campus in eastern Tennessee through Knightscope Authorized Partner (KAP) Transportation Solutions & Lighting, Inc., – Safety and Security Division – National Safety Systems (NSS/TS&L). The state-of-the-art emergency blue light towers and call boxes provide greater coverage, improved access, and better cost control in maintaining campus safety.
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FAQ

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

The current stock price of Knightscope (KSCP) is $13.3 as of December 23, 2024.

What is the market cap of Knightscope (KSCP)?

The market cap of Knightscope (KSCP) is approximately 56.0M.

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

#4816 Ranked by Market Cap
N/A Ranked by Dividends

KSCP Stock Data

55.98M
3.81M
1.97%
2.88%
10.43%
Security & Protection Services
Communications Equipment, Nec
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