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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. (NASDAQ: KSCP) continues its innovative outreach by hosting the Robot Roadshow from May 9-11, 2023, at Jena Choctaw Pines Casino, marking its 80th deployment across 25 states. This interactive event showcases Autonomous Security Robots and blue light emergency communication systems, aimed at engaging clients and enhancing public safety awareness. A new client in the San Francisco area has also deployed a K1 Tower robot in a biotech facility, emphasizing the need for security against vandalism and theft of crucial research assets. Knightscope's mission is to make America the safest country through advanced security technology.

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Knightscope, Inc. (Nasdaq: KSCP) recently made significant strides in its operations by shipping multiple Autonomous Security Robots (ASRs) in the last month, generating around $258,000 in annualized revenue. Key shipments went to locations in California, Florida, New York, Washington, and Washington DC. Additionally, Knightscope shipped numerous blue light emergency communication systems, contributing $417,000 to revenue and reducing the company’s backlog by over 12%, totaling a reduction of $5 million.

Moreover, Westland Real Estate Group renewed its security robot contract to patrol a high-crime Las Vegas residential area, highlighting Knightscope's effectiveness. The company also announced its upcoming Robot Roadshow at Margaritaville Casino in Louisiana on April 26-27, aimed at showcasing its innovative technologies for public safety.

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Knightscope, Inc. (Nasdaq: KSCP) has entered a pilot contract with the New York City Police Department (NYPD) to deploy its K5 robot in the Manhattan subway this summer. During a press conference, Mayor Eric Adams emphasized the city's commitment to leveraging technology for public safety. The K5 robot, already proven effective in other jurisdictions like Los Angeles, aims to enhance law enforcement efforts amid staffing challenges. The company is currently showcasing its innovations through a 'Robot Roadshow' in NYC from April 11-13, inviting the public and investors to learn more about its capabilities.

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Knightscope, Inc. (Nasdaq: KSCP) has announced the receipt of three new purchase orders for its K1 emergency communication systems, marking a significant addition to its top-line growth. The orders include eight K1 Blue Light Towers from a New Mexico community college, one from VIA Metro Transit in Texas, and six K1 Retrofit Kits for Embry-Riddle Aeronautical University in Florida. Additionally, Knightscope deployed a new K5 Autonomous Security Robot (ASR) at a healthcare facility in Ohio, enhancing perimeter security. The company is also participating in the Robot Roadshow, showcasing its technologies at the Resorts Casino Hotel in Atlantic City, NJ, from April 18-20, 2023. Furthermore, Knightscope is celebrating its 10th Anniversary with a series of Town Halls for stakeholders.

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Knightscope, Inc. (NASDAQ: KSCP) has received a new purchase order from Mt. San Antonio College for 11 K1 Blue Light Towers, 7 K1 Emergency Phones, and a full-service maintenance plan for one year. This expands the college's emergency communication systems, enhancing safety on campus. Additionally, Knightscope has signed a contract with Denver International Airport for monitoring and data service plans, including 40 K1 Call Boxes along Pena Blvd. The company's ongoing mission is to enhance public safety through its autonomous robots and emergency communication systems, contributing to a safer environment across educational institutions and public spaces.

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Knightscope, Inc. (Nasdaq: KSCP), a leader in autonomous security technology, will present at the Emerging Growth Conference on April 5, 2023. The event allows shareholders and investors to engage with the Company's Chairman and CEO, William Santana Li, during a live 'Fireside Chat: A.I. Robots'. Questions can be submitted in advance or during the session, scheduled from 12:35 PM to 1:05 PM ET. For those unable to attend live, an archived webcast will be available post-event. Knightscope aims to enhance public safety through innovative robotic solutions. For more information, visit www.knightscope.com.

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Knightscope, Inc. (Nasdaq: KSCP) has announced the renewal of a contract for its K5 Autonomous Security Robot (ASR) with a long-time healthcare client for the seventh year in a row. Located in Southern California, the ASR patrols the hospital parking lot, enhancing safety for patients, visitors, and healthcare providers. This contract aligns with improving hospital accreditation standards and HCAHPS scores. Additionally, Knightscope's Robot Roadshow is showcasing its technology at the City Leadership Forum in Las Vegas on March 29-30, allowing attendees to interact with the robots and learn about their impact on security.

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Knightscope, Inc. (Nasdaq: KSCP), a developer of autonomous security robots, is celebrating its 10th anniversary. To commemorate this milestone, the company is hosting 10 Town Halls during the first 10 days of April 2023, allowing investors, supporters, and analysts to engage directly with its Chairman and CEO, William Santana Li. The sessions will offer multiple time slots for convenience. Knightscope aims to enhance public safety through innovative technology, aspiring to make the U.S. the safest country in the world. For more details, visit knightscope.com.

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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

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KSCP Stock Data

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