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. (NASDAQ: KSCP) is a developer of autonomous security robots and emergency communication devices focused on public safety and physical security. This news page aggregates company-issued updates, press releases, and other coverage related to Knightscope’s operations, technology, and financial performance.
Readers can expect news about Autonomous Security Robot (ASR) deployments and subscriptions, including Machine-as-a-Service (MaaS) agreements and renewals across sectors such as residential multifamily communities, affordable housing, luxury retail, hospitality, healthcare, casinos and gaming, commercial real estate, smart infrastructure, transit authorities, data centers, and higher education. Knightscope frequently reports on new ASR contracts, subscription renewals, and premium monitoring services like Risk & Threat (RTX) accounts.
The company also issues regular updates on its Emergency Communication Device (ECD) business, highlighting new bookings and maintenance renewals with higher education institutions, healthcare providers, aviation clients, national and local parks and recreation agencies, utilities, local governments, and homeowners’ associations. These announcements often emphasize the role of ECDs in modernizing emergency communication infrastructure and expanding recurring revenue through Full-Service Maintenance (FSM) programs.
Investors and observers will find financial results coverage, including quarterly revenue trends, operating expenses, cash position, and commentary on supply chain conditions, production capacity, and research and development investments. Knightscope’s news also addresses operational milestones such as facility moves, production shifts, and capital structure actions, as well as strategic initiatives like the development of the K7 Autonomous Security Robot and collaboration with Palantir’s FedStart program to support potential federal deployments.
By following this page, users can review Knightscope’s reported contract wins, renewals, product developments, and financial disclosures in one place, helping them understand how the company is executing on its public safety mission over time.
Summary not available.
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.
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.
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.
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.
Summary not available.
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.
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.
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.
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.