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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.

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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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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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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, 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, 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, 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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Knightscope, Inc. [Nasdaq: KSCP] announces new expansion sales for its K5 Autonomous Security Robot and K1 Call Box. A Kansas City, KS casino becomes the 8th property to deploy the K5 ASR, with other properties across the US also expanding their use of Knightscope technologies. Additionally, a New York riverside park under construction will add a K1 Call Box to provide direct access to emergency services for park visitors. The park will offer various recreational features and the phones throughout the park provide additional peace of mind for visitors.
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Knightscope, Inc. (Nasdaq: KSCP) reported a significant increase in net revenue, reaching $9.8M for the first 9 months of 2023, nearly tripling its revenue year over year. The company will hold its Third Quarter Town Hall Update to share current events and 2023 financial highlights following the filing of its Q3 2023 10-Q with the SEC. The update will include a pre-recorded video by Chairman and CEO William Santana Li, followed by a live Q&A session. The event will take place on November 13, 2023, at 1pm Pacific Time. RSVP is required for attendance.
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Knightscope, Inc. (Nasdaq: KSCP) announces an expansion of services in New York and a new sale of 15 machines to a police department in California. The expansion includes the addition of the Knightscope Emergency Management System (KEMS) Professional service to monitor call boxes on the George Washington Bridge, enhancing real-time health and status monitoring. The sale to the police department in California includes 5 K1 Blue Light Towers for a new public park and 10 K1 Blue Light E-Phones for a new parking structure, expanding access to emergency communications for motorists, bicyclists, and pedestrians.
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Knightscope, Inc. announces the addition of two contracts for its K5 Autonomous Security Robot, including a commercial real estate property and a casino expansion. The company's technologies will be deployed in 43 properties nationwide, with a total of 7 robots under contract for a gaming client.
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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.

Knightscope, Inc.

Nasdaq:KSCP

KSCP Rankings

KSCP Stock Data

58.14M
3.41M
1.97%
2.88%
10.43%
Security & Protection Services
Communications Equipment, Nec
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United States of America
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