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.
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.
Knightscope, Inc. (NASDAQ: KSCP) is set to host its Robot Roadshow at Miami Valley Gaming in Lebanon, Ohio, on October 12, 2022, from 10:00 AM to 2:00 PM ET. This interactive event will showcase Knightscope's autonomous security robots, allowing attendees to experience advanced security technology. The tour has reached 63 locations across 23 states and Washington, D.C., promoting direct client engagement. Visitors can interact with robots and see the Knightscope Security Operations Center (KSOC) in action. Participation is free, but appointments are recommended.
Knightscope, Inc (Nasdaq: KSCP) announced a virtual Town Hall meeting on October 12, 2022, at 5pm PT regarding its recent acquisition of CASE Emergency Systems. The event, hosted by CEO William Santana Li, aims to discuss the acquisition's implications. Registration is required to attend. Knightscope focuses on developing autonomous security robots to enhance public safety. The company aspires to make the USA the safest country through technological innovation.
Knightscope, Inc. (Nasdaq: KSCP) has announced the acquisition of CASE Emergency Systems, aiming to enhance its revenue and community safety impact. The deal is anticipated to close in October, with CASE generating over $5.4 million in profitable revenue in 2021. This acquisition expands Knightscope's physical presence, with CASE's 7,000 emergency phones deployed nationwide and established relationships with key clients in various sectors. The transaction is structured as an asset purchase, funded through a convertible notes offering, with an initial conversion price of $5.00 per share.
Knightscope, Inc. (Nasdaq: KSCP) has announced a partnership with the Orange County Convention Center in Orlando, Florida, marking its first contract with a convention center. The OCCC will utilize Knightscope's K5 Autonomous Security Robot to improve security and operational efficiency. This prestigious venue, averaging 200 events annually and attracting over 1.5 million attendees, represents a significant expansion for Knightscope into the convention center market. The partnership aims to enhance public safety and support innovative security solutions.
Knightscope, Inc. (NASDAQ: KSCP) announced its upcoming Robot Roadshow in Chicago, IL, from October 4-6, 2022. This experiential event aims to engage potential clients and showcase its Autonomous Security Robots (ASRs), which have already toured 61 locations across 23 states. Participants can interact with the robots and view the Knightscope Security Operations Center in action. The event is free but appointments are recommended due to limited slots.
FAQ
What is the current stock price of Knightscope (KSCP)?
What is the market cap of Knightscope (KSCP)?
