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.
Knightscope, Inc. (Nasdaq: KSCP) has secured a contract with a California transit client to upgrade 97 parking lot emergency call boxes using the Knightscope K1 Retrofit Kits. This upgrade aims to enhance public safety for approximately 136,000 weekday passengers and is expected to reduce infrastructure and hardware costs, while improving reliability with a modern communication network. The K1 devices utilize cellular and satellite communications powered by solar energy to deter negative activities.
Knightscope, Inc. (Nasdaq: KSCP) has announced the activation of four new Autonomous Security Robots (ASRs) across various U.S. locations, expanding its market presence. Deployments include:
- A second K5 ASR for a major casino operator in Iowa.
- A K1 ASR servicing a Fortune 1000 hospitality company in Hawaii.
- A K5 ASR at a Fortune 500 food manufacturer’s parking lot.
- A K5 ASR with professional monitoring for a multi-family housing developer in Texas.
This expansion aims to enhance security solutions in diverse environments.
Knightscope, Inc. (Nasdaq: KSCP) has secured a contract to supply 31 K1 Blue Light Towers and 10 K1 Blue Light E-Phones at a university in
Knightscope, Inc. (NASDAQ: KSCP) announced its participation in the Violence in the Workplace Prevention Summit in Portland, OR on November 11, 2022. The event features Knightscope’s Robot Roadshow, showcasing its autonomous security robots in a hands-on environment. With 68 successful landings across 23 states and Washington, D.C., this initiative aims to foster client connections and demonstrate technology designed to enhance security. Attendance is free, though appointments are recommended due to high demand.
Knightscope, Inc. (Nasdaq: KSCP) has deployed 25 additional Autonomous Security Robots (ASRs) and K1 Blue Light Towers across the United States. Notable placements include a California resort with its first K5 ASR, adding 15 K1 Towers at a Virginia property, and installations in Colorado and Ohio aimed at enhancing security and communication. This expansion aligns with Knightscope's mission to enhance public safety through innovative technology, marking a continued growth trajectory within the security sector.
Knightscope, Inc. (Nasdaq: KSCP) has secured a contract with a Florida college to provide 22 K1 Blue Light Towers, adding to previously retrofitted emergency call systems. This initiative addresses campus safety challenges exacerbated by budget constraints and staffing shortages. The new towers will utilize solar-powered cellular and satellite communications, enhancing safety for students and faculty. This marks Knightscope's first sale linked to its recent acquisition of CASE Emergency Systems, reinforcing its commitment to improving campus security.
Knightscope, Inc. (Nasdaq: KSCP) announces the acquisition of five new contracts for its Autonomous Security Robot (ASR) services, expanding its market presence across various U.S. locations. These new contracts include deployments in a pharmaceutical facility in Ohio, two hotels in Tennessee and Washington, a sports complex in New York, and a multi-family housing complex in Pennsylvania. This expansion adds to the previously disclosed 30 contracts in 2022, reinforcing Knightscope's commitment to addressing security challenges while generating recurring revenue.
Knightscope, Inc. (NASDAQ: KSCP) announced its Robot Roadshow event in Houston, TX, set for October 27, 2022. This experiential marketing initiative aims to engage potential clients and showcase its autonomous security robots. The event will be held at EastGroup Properties from 10:00am to 2:00pm CT. This campaign has led to 67 stops across 23 states and Washington, D.C., promoting the effectiveness of Knightscope’s technology in enhancing security. Attendees will interact with the robots and learn about the Knightscope Security Operations Center during the event.
Knightscope, Inc. (Nasdaq: KSCP) has successfully acquired CASE Emergency Systems, enhancing its capabilities in autonomous security solutions. The acquisition aims to leverage CASE's established relationships with key clients, including the New York Police Department and others. This partnership is expected to bolster Knightscope's sales strategy and expand its product offerings in public safety infrastructure, focusing on innovative technologies like AI and robotics for crime fighting.
Knightscope, Inc. (NASDAQ: KSCP) has announced its upcoming Robot Roadshow, taking place on October 18, 2022, at the Commemorative Air Force in Dallas, TX. This interactive event allows attendees to engage with the company's Autonomous Security Robots (ASRs) and experience the Knightscope Security Operations Center user interface. The Roadshow, which has visited 64 locations across 23 states, aims to enhance security awareness and drive sales.
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