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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) announces its Robot Roadshow will take place at the University of Akron on May 5, 2022, from 10:00 AM to 2:00 PM ET. This experiential marketing event has already made 38 stops across 14 states and Washington, D.C. The Roadshow showcases Knightscope’s Autonomous Security Robots (ASRs) and provides interactive experiences for visitors. Attendance is free, but appointments are recommended due to limited availability. Knightscope aims to enhance U.S. security through advanced robotics technology.

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Knightscope, Inc (NASDAQ: KSCP), a leader in advanced security technologies, announces its Robot Roadshow event on May 4, 2022, at the Marriott Columbus OSU, Ohio. This engaging event aims to attract potential clients by showcasing the Autonomous Security Robots (ASRs) that enhance safety across various locations in the U.S.

With 37 events in 14 states, the initiative aims to build connections and invite clients, investors, and media to experience the technology firsthand. Participation is free, though appointments are recommended.

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Knightscope, Inc. (NASDAQ: KSCP) has secured a contract with a San Francisco Bay Area biotech real estate development for 2 K5 autonomous security robots (ASRs) and 1 K1 ASR. This agreement highlights the importance of security in biotech, where theft of research materials poses significant risks. Knightscope's robots will be deployed to patrol and monitor the facility, aiming to protect valuable intellectual and physical property. The initiative underscores Knightscope's commitment to enhancing public safety in regulated environments.

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Knightscope, Inc. (NASDAQ: KSCP) has announced a contract with a 100-year-old recycling center in Missouri for the deployment of its K5 Autonomous Security Robot (ASR). This partnership aims to enhance security against the rising thefts of valuable metals, such as those found in catalytic converters. The initiative addresses broader issues of public safety and economic security. Former police chief Art Acevedo emphasized the importance of tackling these thefts, indicating that they contribute to more serious crimes. The deployment marks a significant expansion in Knightscope's security technology services.

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Knightscope, Inc. (NASDAQ: KSCP) announces the acquisition of a major consumer foods manufacturer as a new client, expanding its Fortune 500 customer base. The K5 Autonomous Security Robot has been deployed to patrol parking lots across 30 campuses to enhance security operations. This move aims to safeguard employees and address vulnerabilities such as theft and vandalism. Knightscope focuses on offering advanced physical security technologies, reinforcing its commitment to making the U.S. a safer country.

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Knightscope, Inc. (NASDAQ: KSCP) is set to host its Robot Roadshow in Aurora and Chicago, IL, on April 19-21, 2022. This engaging marketing event allows attendees to interact with Knightscope's Autonomous Security Robots (ASRs) and learn about their advanced security technologies. The Roadshow has operated in 12 states, showcasing the innovative solutions designed to enhance public safety. Virtual attendance is available, and appointments are recommended due to high demand.

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Knightscope, Inc. (NASDAQ: KSCP) announced its upcoming Robot Roadshow on April 14, 2022, at the Potawatomi Hotel & Casino in Milwaukee, WI. This engaging marketing event allows attendees to interact with Autonomous Security Robots (ASRs) and learn about Knightscope's security technology. To date, the Roadshow has made 36 stops across 11 states, aiming to enhance public safety. Attendance is free but booking is recommended due to high demand.

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Knightscope, Inc. (NASDAQ: KSCP) is enhancing its management team to support long-term growth, promoting four key employees exhibiting exceptional leadership. This strategic move is aimed at driving product innovation and increasing sales growth, aligning with Knightscope's ambition to improve U.S. security operations. The new management members include Doris Lam (VP Finance), Jason Gonzalez (SVP Client Development), Ronald Gallegos (VP Client Experience), and Ryan Fanciullo (VP Operations), who possess critical expertise to optimize operational results.

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Knightscope, Inc (NASDAQ: KSCP) has successfully deployed a Knightscope K5 Autonomous Security Robot with a Fortune 500 finance company in Charlotte, NC. This deployment aims to enhance the security environment for both customers and employees as the property crime rate in the area is notably higher than the national average. Knightscope’s mission is to make the United States the safest country, and this expansion supports that goal.

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Knightscope, Inc. (NASDAQ: KSCP) has entered a $100 million common stock purchase agreement with B. Riley Principal Capital. This facility allows Knightscope to sell up to $100 million of its Class A Common Stock over 24 months, aiding in its mission to enhance U.S. security operations. CEO William Santana Li emphasized that this financing mechanism is one of the least dilutive options available for growth. The announcement coincides with the company's celebration of its 9th anniversary since its founding in Silicon Valley on April 4, 2013.

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FAQ

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

The current stock price of Knightscope (KSCP) is $18.29 as of November 21, 2024.

What is the market cap of Knightscope (KSCP)?

The market cap of Knightscope (KSCP) is approximately 50.5M.

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

50.49M
3.41M
1.97%
2.88%
10.43%
Security & Protection Services
Communications Equipment, Nec
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United States of America
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