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.
Knightscope (NASDAQ: KSCP) has added The Car Park, a national parking solutions management company, to its Knightscope Authorized Partner (KAP) reseller program. The partnership enables The Car Park to offer Knightscope's Autonomous Security Robots (ASRs) and Emergency Communication Devices (ECDs) across its national network.
The Car Park will have access to various ASR models, including the K5 and K1 Hemisphere, equipped with 4K video recording, license plate recognition, and automated incident reporting capabilities. The offering also includes K1 Blue Light Towers and Blue Light E-Phones featuring voice connectivity and broadcast alerts, powered by Verizon Frontline network.
Knightscope (KSCP) has secured new contracts across 12 U.S. states for its K5 Autonomous Security Robots (ASRs) and K1B Emergency Communication Devices (ECDs). The deployments will serve diverse sectors including state and local government, universities, utilities, and commercial real estate in California, Connecticut, Delaware, Florida, Georgia, Maryland, New York, North Carolina, Ohio, South Carolina, Texas and Washington.
The K5 ASR features AI software for enhanced property safety and visitor interaction, while the ECDs provide reliable emergency communication backup to cell phones, now enhanced with Verizon Frontline's priority network access for first responders.
Knightscope (KSCP) has announced the pricing of an underwritten public offering of 1,210,000 shares of Class A common stock at $10.00 per share, expected to raise $12.1 million in gross proceeds. The offering includes pre-funded warrants with an exercise price of $0.001. The underwriter has a 30-day option to purchase an additional 181,500 shares, potentially adding $1.8 million. The offering is expected to close around November 25, 2024. The company plans to use proceeds for general corporate purposes and working capital. Titan Partners Group is acting as sole bookrunner.
Knightscope (KSCP) announces a proposed underwritten public offering of its Class A common stock and pre-funded warrants. The company plans to grant underwriters a 30-day option to purchase up to an additional 15% of shares. Titan Partners Group, a division of American Capital Partners, will act as sole bookrunner. The net proceeds will be used for general corporate purposes, including working capital. The offering will be made pursuant to a shelf registration statement that became effective on February 8, 2023. The final terms will be disclosed in a final prospectus supplement to be filed with the SEC.
Knightscope (KSCP) announces a partnership with Verizon Business to provide connectivity for its K5 security robots and K1 emergency communication devices. The K5 autonomous security robot has received FedRAMP Authority to Operate designation from the U.S. Department of Veterans Affairs. The collaboration integrates Verizon's 4G LTE connectivity with plans for 5G integration, enabling real-time data transmission and monitoring capabilities. The K5 ASR is designed for 24/7 autonomous patrol in outdoor spaces, while K1 devices provide emergency communication solutions with features including voice connectivity and broadcast alerts.
Knightscope (KSCP) announces significant business expansion with 14 new sales, 10 client renewals, and 4 new deployments of its K5 Autonomous Security Robot. The company's growth spans across 11 states, with three sales coming from existing clients expanding their agreements. The deployments strengthen Knightscope's Machine-as-a-Service business model, serving diverse markets including corporate campuses, universities, hospitality, local government, and military bases. Additionally, Knightscope announces its Robot Roadshow event at Quantum Park in Ashburn, VA, scheduled for November 13, 2024.
Knightscope, Inc. [Nasdaq: KSCP], a robotics and AI company focused on public safety, has secured two new Full Service Maintenance Plan (FSMP) contracts from existing healthcare clients in Connecticut and New York. These contracts are for the company's K1 devices, which are part of a communication system designed to enhance safety in healthcare facilities.
The K1 devices provide a important lifeline in remote areas, addressing the complex safety challenges faced by healthcare facilities, including potential acts of violence, crime, and issues related to mental health and drug dependency. The FSMP ensures high client satisfaction by maintaining reliable and operationally sound equipment.
Knightscope's involvement in these healthcare campuses aims to protect staff, patients, families, and visitors. The company encourages U.S. hospitals and healthcare professionals seeking innovative security solutions to book a discovery call or meeting at www.knightscope.com/discover.
Knightscope, Inc. [Nasdaq: KSCP] announces three new expansion contracts for its Emergency Communication Devices (ECDs) and related services. A Vermont law school added the Knightscope Emergency Management System (KEMS) for 2 K1 Blue Light Towers, a Pennsylvania university purchased an additional K1 Blue Light Tower, and a southern California university renewed its Full Service Maintenance Plan (FSMP) for all campus Knightscope ECDs.
The K1 ECDs provide one-touch access to police, fire, and EMS services, enhancing campus safety. KEMS and FSMP offer operational confidence through automated daily email reports on system status, eliminating the need for manual testing. These expansions highlight the growing importance of emergency communications in creating secure educational environments.
Knightscope, Inc. [Nasdaq: KSCP] announces that its Authorized Partner, Transportation Solutions & Lighting, Inc. (NSS/TS&L), has issued purchase orders for 37 Emergency Communication Devices (ECDs). These orders include:
1. 20 K1 Blue Light Towers and 10 K1 Blue Light E-Phones for a Florida university
2. 4 K1 Blue Light Towers for a South Georgia not-for-profit medical center
3. 3 K1 Blue Light Towers for TS&L's inventory
The ECDs are designed to enhance public safety and provide emergency assistance through voice-to-voice communication using cellular or satellite networks. They are suitable for various settings, including educational institutions and healthcare facilities, offering both hardwired and wireless solutions.
Knightscope, Inc. [Nasdaq: KSCP] announces the renewal and expansion of emergency communication contracts with the New York City Fire Department (FDNY) and the Port Authority of New York and New Jersey (PANYNJ). The FDNY renewed its service agreement for K1 Call Boxes, while PANYNJ added a Full Service Maintenance Plan (FSMP) for 8 K1 Call Boxes on the George Washington Bridge.
Knightscope's K1 emergency call boxes provide reliable, one-touch communication with emergency services, offering exact location data and functioning even when cell phone service is unavailable. A recent life-saving event on the George Washington Bridge prompted further investment in the program. The FSMP ensures operational confidence through service maintenance support and software, enhancing public safety in New York City and surrounding areas.
