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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.
Knightscope, Inc. (Nasdaq: KSCP) announced a purchase order from Transportation Solutions & Lighting (TS&L) for 10 K1 Blue Light Towers, bringing their total for March to 40 units. These devices are part of a shift from traditional emergency call boxes to more cost-effective, solar-powered communication systems. Currently, Knightscope has over 7,000 blue light devices operational across the U.S., serving clients like NYPD and LAX. The company is set to showcase its technologies at the National Student School Safety & Security Conference from April 18-21 in Orlando, Florida.
Knightscope, Inc. (Nasdaq: KSCP) announces a new blog discussing the implications of Artificial Intelligence in the context of the fourth industrial revolution. The company emphasizes its efforts to enhance public safety through its autonomous security robots, as demonstrated during its Robot Roadshow in Glendale, Arizona, on March 23. CEO William Santana Li will address key questions regarding A.I.'s current and future applications in security. The Roadshow aims to showcase innovative security solutions to public safety leaders and encourage them to schedule visits. Knightscope aims to improve safety in the United States through its advanced technologies.
Knightscope, Inc. (Nasdaq: KSCP) has announced the renewal of a contract for its K5 Autonomous Security Robot (ASR) for the fifth consecutive year by a long-term client. The robot, known as 'Optimus Crime,' operates in a mixed-use parking structure in the San Francisco Bay Area, ensuring the safety of visitors and vehicles. Additionally, Knightscope will showcase its 'Robot Roadshow' at the City Leadership Forum in Las Vegas on March 29-30, allowing public safety leaders to observe the technology firsthand.
Knightscope, Inc. (Nasdaq: KSCP) has received an order from the Port Authority NY NJ for three new K1 Call Boxes to be installed at the renovated Bayonne Bridge. This initiative enhances emergency communication by providing vital assistance to individuals in distress while utilizing the bridge, which spans 7,160 feet and features a 12-foot-wide pathway accessible round the clock. Knightscope aims to improve public safety through its innovative autonomous security solutions, furthering its mission to make the U.S. a safer place.
Knightscope, Inc. (Nasdaq: KSCP) announced the sale of a K1 Blue Light Tower to a Southern California private school and an additional K1 Call Box to a New York park. These technologies support public safety on educational campuses and municipal areas. Knightscope's autonomous security robots (ASRs) and emergency communication systems help deter crime and provide immediate access to assistance. The company will showcase its Robot Roadshow at the Las Vegas City Leadership Forum on March 29-30, aiming to attract public safety leaders seeking innovative security solutions. Knightscope envisions enhancing safety across the U.S.
Knightscope, Inc. (Nasdaq: KSCP) announced a purchase order for 30 K1 Blue Light Towers from a Florida reseller, indicating strong demand for its autonomous security products. These towers provide reliable wireless emergency communication, enhancing campus safety while reducing installation and maintenance costs. The modern systems utilize solar power and cellular communication, making them a cost-effective choice compared to traditional hardwired systems. This order reflects Knightscope's ongoing commitment to improving emergency communication systems, aligning with its ambition to enhance security across the United States.
Knightscope, Inc. (Nasdaq: KSCP) announced a contract with the Overton Brooks Veterans Administration Medical Center in Shreveport, Louisiana for 10 new K1 Blue Light Towers. This move aims to enhance the safety and security of patients and staff in healthcare facilities. The Veterans Health Administration operates more than 170 facilities, ensuring secure environments for over 9 million beneficiaries. The K1 suite of devices will streamline emergency communications, addressing increasing safety concerns in U.S. hospitals.
Knightscope, Inc. (Nasdaq: KSCP) announces the successful deployment of its K5 Autonomous Security Robot, named 'M-Bot', at M Resort Spa Casino, property of PENN Entertainment, Inc. (Nasdaq: PENN). The K5 enhances guest safety and experience by patrolling areas and offering a two-way communication system. The initiative aims to improve security within the entertainment and gaming sectors, reflecting a commitment to technology for safety and customer satisfaction. Knightscope continues to innovate in autonomous security solutions, seeking to make the U.S. a safer place.
Knightscope, Inc. (Nasdaq: KSCP) announces a significant partnership with GPI Defense, now a Knightscope Authorized Partner. This agreement includes the acquisition of 2 K5 autonomous security robots and a pre-order for 2 K1-Hemisphere robots, aimed at enhancing GPI's security services. Knightscope's strategy to increase profitability includes expanding reseller engagement and securing new contracts, including a pre-order from a large Midwestern healthcare group and a full-service agreement with a Southern California university for emergency communication systems. These initiatives signal Knightscope's commitment to enhancing public safety.
Knightscope, Inc. (Nasdaq: KSCP) recently announced the sale of 11 K1 Call Boxes to Larimer County, CO, marking a significant addition to its portfolio. This sale is part of over 30 new contracts and 7 renewals achieved in 2023, showcasing the company’s growth in autonomous security solutions. Knightscope has also surpassed 2 million hours of paid operations with its Autonomous Security Robots, highlighting their effectiveness and reliability. The company’s recent acquisition of CASE Emergency Systems has contributed to boosting top-line revenue. These developments signal a promising outlook for KSCP as it expands its market presence and enhances its service offerings.
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