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], a robotics and AI company focused on public safety, announces the expansion of a contract with a California-based healthcare client. The client, who initially deployed a K5 Autonomous Security Robot (ASR) in 2023, has now subscribed to a second K5 ASR for another location. Knightscope's K5 ASR is an outdoor robot that provides 24/7/365 property surveillance without human intervention. It features AI-driven software, interactive capabilities, and advanced safety measures.
Healthcare organizations have been partnering with Knightscope to improve emergency communications, physical safety, and patient satisfaction. The adoption of such technologies may potentially help in maintaining or increasing HCAHPS scores, which measure patients' perspectives of hospital care.
Knightscope, Inc. [Nasdaq: KSCP] has secured two new contracts for its Emergency Communication Devices (ECDs). A private Episcopal school in southern California is expanding its system with an additional K1 Blue Light Tower and a Full Service Maintenance Plan. Additionally, City Wide Solutions, a Knightscope Authorized Partner, is upgrading existing Blue Light Towers on healthcare clinic campuses in Ohio with Knightscope's K1 Retrofit Kits.
Knightscope's ECDs offer advantages over cell phones, including reliability in areas with poor signal and ease of location identification for emergency responders. The company's Retrofit Kits modernize outdated systems with features like wireless solar power and self-monitoring software. The Knightscope Emergency Management System (KEMS) provides automated daily reports on system status, enhancing efficiency and reliability.
Knightscope, Inc. [Nasdaq: KSCP], a robotics and AI company focused on public safety, announces a purchase order for 23 K1 Blue Light Emergency Phones from its Authorized Partner, Transportation Solutions & Lighting, Inc. The devices will be installed at a leading Florida cancer center. Knightscope's E-Phones are designed to be hardwired or wireless, making them suitable for hospital settings and compliant with ADA Standards. The K1 Blue Light E-Phone provides clear voice-to-voice communication using cellular or satellite networks, enhancing public safety and emergency assistance access. This order demonstrates Knightscope's expansion in the healthcare sector, offering safety solutions for patients and healthcare professionals.
Knightscope, Inc. [Nasdaq: KSCP] announces that a private university in New Hampshire is expanding its emergency communication device conversion with 28 K1 Retrofit Kits. This completes the expansion project that began in summer 2023, upgrading over 40 legacy hardwired systems to Knightscope's wireless devices. The K1 Retrofit Kits upgrade outdated blue-light-style phones and call boxes with features like wireless solar power, wireless phone connectivity, and self-monitoring software. The Knightscope Emergency Management System (KEMS) provides automated daily email reports on system status, eliminating the need for manual testing. Optional add-ons include text messaging and real-time graphical mapping.
Knightscope, Inc. [Nasdaq: KSCP] announces two new contracts for its emergency communication systems. A Colorado ski resort purchased a K1 Call Box with a Full-Service Maintenance Plan (FSMP) and Knightscope Emergency Management System (KEMS) software. A southern California municipality expanded their agreement, adding Installation and FSMP for 10 K1 Blue Light Emergency Phones.
KEMS provides immediate text/email notifications for help button presses and automated daily email reports on system status. The FSMP ensures high reliability for these critical communication points. Knightscope's Q2 2024 Town Hall is scheduled for August 15, 2024, featuring a pre-recorded update on Q2 performance followed by a live Q&A session.
Knightscope, Inc. [Nasdaq: KSCP] announces that the Huntington Park Police Department has renewed its contract for the K5 Autonomous Security Robot (ASR) for the 6th consecutive year. The K5 ASR has been patrolling Salt Lake Park, contributing to public safety efforts. Chief of Police Cosme Lozano praised the integration of the K5 into city resources, citing its benefits in monitoring public spaces and enhancing public safety.
During its first year of deployment, Knightscope's technologies helped reduce calls for service by 10% and crime reports by 46% at Salt Lake Park. The city manager previously credited the K5 ASR for positively impacting crime and nuisance activity in the area. Knightscope CEO William Santana Li expressed pride in continuing to serve law enforcement with their public safety technologies.
Knightscope, Inc. (Nasdaq: KSCP) announces two expansion contracts for its Emergency Communication Devices (ECDs). A Houston area school district with 48 K1 Blue Light Towers and a central California transportation commission with 224 K1 Call Boxes have both added Full-Service Maintenance Plans (FSMP) to their existing agreements. The FSMP provides comprehensive support, parts, and service for all ECDs, ensuring high reliability and uptime.
Additionally, Knightscope's Robot Roadshow is scheduled to visit Cambridge, MD on August 8, 2024. Hosted by X9 Intelligence, a Knightscope Authorized Partner, the event will showcase the company's self-driving, electric technologies, including Autonomous Security Robots and blue light emergency phones. The free event aims to demonstrate Knightscope's public safety solutions to potential clients and the general public.
Knightscope, Inc. [Nasdaq: KSCP], a robotics and AI company focused on public safety, announces that the University of Texas (UT) has purchased two additional K1 Blue Light Towers for its Tyler campus. These towers provide reliable, one-touch access to emergency services such as police, fire, and EMS, enhancing campus safety for students, faculty, and visitors.
The K1 Blue Light Towers offer advantages over cell phones in emergencies, including functionality during power outages, network congestion, and precise geolocation capabilities. This expansion demonstrates UT's commitment to leveraging technology for improved campus security and emergency response.
Knightscope, Inc. [Nasdaq: KSCP], a robotics and AI company focused on public safety, has announced its Second Quarter 2024 Town Hall Update scheduled for August 15, 2024, at 11am PT / 2pm ET. The event will follow the filing of the company's Q2 2024 10-Q report with the SEC. CEO William Santana Li and CFO Apoorv S Dwivedi will deliver a pre-recorded video update on Q2 2024 performance, followed by a live Q&A session with supporters, investors, and analysts. Interested parties must RSVP to attend the online forum. The pre-recorded presentation will be available at www.knightscope.com/rise after the event.
Knightscope (Nasdaq: KSCP) has successfully upgraded a K5 Autonomous Security Robot (ASR) to its fifth generation at a San Diego multifamily residential community. This upgrade, deployed by Knightscope Authorized Partner JDS Security, marks progress towards the company's 'Road to Profitability' goal.
The client, a top-ranked multifamily housing owner and developer by the National Multifamily Housing Council, has expanded its contract by adding a K1 Hemisphere ASR. With over 37 years in the sector, the client manages 41,000 units across 30 markets, representing significant expansion potential for Knightscope.
The K1 Hemisphere deployment coincides with the K5 upgrade, enhancing safety measures for the community. Knightscope continues to focus on public safety through robotics and AI technologies, offering services including Risk & Threat Exposure Analysis, Blue Light Emergency Communication Systems, and Automated Gunshot Detection.
FAQ
What is the current stock price of Knightscope (KSCP)?
What is the market cap of Knightscope (KSCP)?
What does Knightscope, Inc. do?
What are Autonomous Security Robots (ASRs)?
How does Knightscope's technology work?
What is the cost of deploying Knightscope's robots?
Where can Knightscope's robots be deployed?
What additional products does Knightscope offer?
What is the Knightscope Security Operations Center (KSOC)?
Can any business use Knightscope’s services?
How much data can a Knightscope robot generate?
What makes Knightscope's approach to security unique?
