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) has announced the deployment of its K5 Autonomous Security Robot in a northern California park, aimed at enhancing community safety. This initiative is backed by a parks and recreation organization serving a densely populated area. Notably, the chief of police participated in a recent webinar discussing the successful use of ASRs in public spaces, which influenced the organization's decision to engage Knightscope.
Knightscope, Inc. has announced the deployment of its Autonomous Security Robot (ASR) in the San Francisco Bay Area, partnering with a Fortune 500 clothing retailer. This move aims to enhance security amid rising theft rates, which cost local businesses approximately $3.6 billion annually. The K5 ASR will patrol the retailer’s headquarters, aiding in the detection of crime and facilitating law enforcement. This deployment could signify potential for broader market expansion as businesses increasingly seek advanced security solutions.
Knightscope, Inc (NASDAQ: KSCP), a leader in autonomous security technology, has secured an additional contract with a Fortune 500 client. This client, a longstanding consumer food manufacturer, added a second K5 Autonomous Security Robot to its existing agreement, now patrolling two sites across nearly 30 campuses nationwide. The deployment aims to enhance the client's security operations while evaluating the feasibility of a broader rollout in the future.
Knightscope, Inc. (NASDAQ: KSCP) has launched its first K5 Autonomous Security Robot in Nashville, Tennessee, enhancing safety for a 10-story parking structure. The robot provides 24/7 monitoring at a cost of approximately
Knightscope, Inc. (NASDAQ: KSCP) has announced its Annual Meeting of Stockholders to take place on June 23, 2022, at 9:00 a.m., Pacific Time, entirely online due to COVID-19. Chairman and CEO, William Santana Li, will provide updates and a special announcement. Stockholders are encouraged to participate and vote, even if they cannot attend. Proxy materials, including the Proxy Statement and annual report, are available online, highlighting the importance of stockholder involvement in company affairs.
Knightscope, Inc (NASDAQ: KSCP) announced the continuation of its Robot Roadshow, an interactive marketing event showcasing its Autonomous Security Robots. The event will take place at the ASIS Maryland Security Summit on May 19, 2022, followed by appearances in Orlando, Florida on May 24 and 27. To date, the Roadshow has successfully completed 41 landings across 14 states and Washington, D.C. The company aims to enhance public safety through cutting-edge security technology, offering attendees direct interaction with its robots and security operations interface.
Knightscope, Inc. (NASDAQ: KSCP) has successfully secured a subscription with a Fortune 500 distribution center in Kentucky for its Autonomous Security Robot (ASR) service. This partnership aims to enhance security operations at facilities vulnerable to crime due to high traffic, valuable assets, and safety hazards. The ASR will provide an added layer of security to address these unique challenges faced by the distribution and manufacturing sectors.
Knightscope, Inc. (NASDAQ: KSCP) has made a significant move in the security technology sector by signing its first contract with a major Las Vegas casino. This partnership involves the deployment of Knightscope's Autonomous Security Robot (ASR), which will enhance security in the casino's parking lots and structures. The decision is driven by the need to deter criminal activity in an environment where cash handling and guest safety are paramount. This contract marks a crucial expansion for Knightscope in a key market.
Knightscope, Inc. (NASDAQ: KSCP) is set to honor National Police Week with its Robot Roadshow, an engaging event aimed at enhancing U.S. security operations. The event will take place in Arlington and Alexandria, VA, on May 12-13 and May 16-17, 2022. This marks the 40th Roadshow landing across 14 states. Attendees will experience Knightscope’s Autonomous Security Robots (ASRs) and interact with experts. The event is free, but appointments are recommended due to limited availability.
Knightscope, Inc. (NASDAQ: KSCP) announces a new contract with a shopping center owner in New York, marking a significant step in expanding its market presence. This contract enhances security operations at the center, utilizing its K5 Autonomous Security Robot to deter issues like trespassing and vehicle theft. The deployment of Knightscope's technology aims to improve safety and promote a better shopping environment, following a successful seven-year journey since its first deployment in Silicon Valley.
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