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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. (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.

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Knightscope, Inc. (NASDAQ: KSCP) held its first annual shareholder meeting as a public company in Mountain View, California. CEO William Santana Li provided updates on company growth, new technology initiatives, a pricing strategy, a referral program, and a nationwide mayoral challenge. The company plans to issue four additional press releases to elaborate on these announcements. Knightscope aims to enhance U.S. security operations through its advanced security technology, which includes fully autonomous security robots.

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Knightscope, Inc (NASDAQ: KSCP) has announced the renewal of its contract for six Autonomous Security Robots (ASRs) at a southern California casino for the fifth consecutive year. This partnership highlights Knightscope's success in the casino sector, where ASRs enhance security and guest engagement. ASRs not only boost security programs but also engage visitors and promote the casino's brand, positioning it as a cutting-edge destination.

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Knightscope, a developer of physical security technologies, announced its Annual Meeting of Stockholders to be held online on June 23, 2022, at 9:00 a.m. PT. During the meeting, Chairman and CEO William Santana Li will provide crucial updates and at least one special announcement. Stockholders are encouraged to participate and are reminded to review proxy materials in advance. The company emphasizes stockholder engagement as vital for its operations.

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Knightscope, Inc (NASDAQ: KSCP), a leader in advanced physical security technology, has renewed its contract with a top alternative asset manager in Texas for a 5th year. This contract covers two locations and highlights the client's extensive portfolio of over 800 properties, ranging from retail to hospitality. Knightscope aims to enhance community safety through its autonomous security robots, aligning with the client's vision of innovation in real estate.

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Knightscope, Inc. (NASDAQ: KSCP) has announced the renewal of a Machine-as-a-Service (MaaS) subscription agreement with a San Francisco real estate investment firm for a fourth year. The K5 Autonomous Security Robot, known as 'Optimus Crime,' has been operational since 2019, providing security services for a multi-story parking structure. This renewal highlights Knightscope's growth strategy and validates the effectiveness of its technology, bolstering client confidence.

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Knightscope, Inc. (NASDAQ: KSCP) reported significant achievements in the first half of 2022, celebrating its ninth anniversary with a surge in contracts and a Nasdaq listing. The company raised over $120 million since inception from over 35,000 investors. A $100 million common stock purchase agreement with B. Riley Principal Capital enhances its funding capabilities. New contracts span across various sectors, including education and residential properties, reflecting strong market demand. Knightscope aims to bolster security measures through expansion and strategic partnerships.

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Knightscope, Inc. (NASDAQ: KSCP), a leader in advanced security technologies, announced positive testimonials from three clients highlighting the effectiveness of its security robots. Notable improvements included a 90% reduction in property vandalism and break-ins, showcasing the technology's impact on site safety. Clients praised the robots for providing early warning systems and enhancing security measures. Knightscope aims to bolster U.S. safety through innovative solutions, reinforcing its mission to make America the safest country worldwide.

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Knightscope, Inc. (NASDAQ: KSCP) announced its upcoming Robot Roadshow, aimed at enhancing engagement with potential clients through immersive marketing experiences. The event will take place on June 21, 2022, in Detroit, Michigan, coinciding with the Mobility Meetup, which connects startups and automotive industry partners. This initiative marks the Roadshow's 46th landing across 16 states, showcasing Knightscope's autonomous security robots. The event is free to attend, promoting direct interaction with technology designed to improve public safety.

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Knightscope, Inc. has announced its upcoming Robot Roadshow event at the Kennedy Space Center in Florida on June 17, 2022, from 10:00 AM to 2:00 PM ET. This experiential marketing initiative aims to engage potential clients and showcase its Autonomous Security Robots (ASRs). The tour will have completed 45 landings across 16 states, providing demonstrations of the technology designed to enhance security operations. Attendance is free, but appointments are recommended due to high demand.

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Knightscope, Inc (NASDAQ: KSCP) announced a new contract in Houston, Texas, with a client managing over $6 billion in assets and 16,500 apartments in 18 states. The K5 Autonomous Security Robot will help deter crime and improve community safety, drawing on successful implementations like the one at Liberty Village in Las Vegas. This partnership demonstrates Knightscope's commitment to enhancing U.S. security operations.

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FAQ

What is the current stock price of Knightscope (KSCP)?

The current stock price of Knightscope (KSCP) is $11.79 as of January 23, 2025.

What is the market cap of Knightscope (KSCP)?

The market cap of Knightscope (KSCP) is approximately 50.8M.

What does Knightscope, Inc. do?

Knightscope designs, develops, and deploys Autonomous Security Robots (ASRs) and related technologies to enhance security through real-time data monitoring and predictive analytics.

What are Autonomous Security Robots (ASRs)?

ASRs are autonomous robots equipped with sensors to monitor their environment, providing a physical security presence and generating real-time data for predictive analytics.

How does Knightscope's technology work?

Knightscope's ASRs collect environmental data and communicate it in real-time to the Knightscope Security Operations Center (KSOC) via a secure wireless network for immediate alerts and monitoring.

What is the cost of deploying Knightscope's robots?

The K5 model is available on a Machine-as-a-Service basis at $6.25 per hour, per machine for 24/7 deployment, with terms of one, two, or three years.

Where can Knightscope's robots be deployed?

Knightscope's robots are suitable for outdoor environments such as corporate campuses and data centers, providing enhanced security and monitoring.

What additional products does Knightscope offer?

In addition to robots, Knightscope offers autonomous charging stations, emergency communication devices, and proprietary software interfaces for comprehensive security solutions.

What is the Knightscope Security Operations Center (KSOC)?

The KSOC is a browser-based user interface that provides real-time access to data collected by Knightscope's ASRs, enabling immediate alerts and comprehensive monitoring.

Can any business use Knightscope’s services?

Currently, Knightscope's K5 robot is available for pre-order to select customers in Silicon Valley, but the company aims to expand availability as demand grows.

How much data can a Knightscope robot generate?

Each Knightscope ASR is capable of generating over 90 terabytes of data annually, which is used for real-time monitoring and predictive analysis.

What makes Knightscope's approach to security unique?

Knightscope's integration of robotics, predictive analytics, and real-time data communication provides a proactive approach to security that aims to predict and prevent crime.
Knightscope, Inc.

Nasdaq:KSCP

KSCP Rankings

KSCP Stock Data

50.76M
3.81M
1.97%
2.88%
10.43%
Security & Protection Services
Communications Equipment, Nec
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United States of America
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