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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. (KSCP) delivers innovative security solutions through autonomous robots and predictive analytics. This news hub provides investors and security professionals with essential updates about the company's technological advancements and market position.

Access official press releases covering product launches, strategic partnerships, and financial performance. Stay informed about developments in Knightscope's machine-as-a-service model and real-time threat detection capabilities through curated regulatory filings and verified news sources.

Key updates include earnings announcements, deployment expansions of their Autonomous Data Machines, and enhancements to the Knightscope Security Operations Center platform.KSOC). Bookmark this page for centralized access to reliable information about KSCP's role in transforming physical security through robotics and data analytics.

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Knightscope, Inc. (Nasdaq: KSCP) has expanded its presence in the healthcare sector by securing five new contracts for its Autonomous Security Robot (ASR) services across multiple U.S. states. These contracts include a mix of ASR types and reflect a growing demand for enhanced safety in healthcare environments. Notably, the contracts involve deploying robots in hospitals and rehabilitation centers, aimed at improving security visibility and the overall experience for workers and patients. This expansion highlights Knightscope's commitment to making healthcare settings safer.

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Knightscope, Inc. (Nasdaq: KSCP) announces forecasted revenue growth, projecting a run rate of $12M - $14M for the next twelve months, up from $3.4M in 2021. The company will also launch a video series titled “Rise of the Robots” to update investors. Contract sizes are increasing with significant deals including a doubling of the PG&E contract and multi-unit orders from major healthcare networks and retailers. Knightscope's mission is to enhance safety across the U.S. as it scales operations in various sectors.

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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.

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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.

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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 New Jersey. This initiative responds to increasing student demands for enhanced safety measures, potentially boosting enrollment and revenue for the campus. Knightscope's security solutions integrate stationary and mobile technologies, aiming to reduce campus crime. Their systems utilize solar power and advanced communication methods, focusing on proactive safety measures in educational environments.

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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.

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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.

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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.

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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.

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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.

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Knightscope, Inc.

Nasdaq:KSCP

KSCP Rankings

KSCP Stock Data

33.30M
3.81M
1.77%
14.42%
11.28%
Security & Protection Services
Communications Equipment, Nec
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United States
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