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 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.
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.
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.
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.
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.
Knightscope, Inc (NASDAQ: KSCP) has successfully deployed a Knightscope K5 Autonomous Security Robot with a Fortune 500 finance company in
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.
Knightscope, Inc (NASDAQ: KSCP) announces its spring schedule for the Robot Roadshow, beginning April 12, 2022. The event aims to enhance engagement with potential clients by showcasing the company’s Autonomous Security Robots (ASRs). Previously, the Roadshow visited 35 locations across 10 states. The upcoming tour will cover multiple states, including Minnesota, Wisconsin, Illinois, and Ohio, culminating during National Police Week. Participation is free, and visitors can interact directly with ASRs and learn about the Knightscope Security Operations Center.
Knightscope, Inc. (NASDAQ: KSCP) has deployed a K5 Autonomous Security Robot in Silicon Valley as part of its efforts to enhance U.S. security operations. The deployment aims to meet the demands of modern commercial real estate (CRE) tenants for advanced security solutions. The K5 ASR is designed to deter, detect, and report threats, providing efficient security strategies that improve overall safety without significant investment.
Knightscope, Inc. (NASDAQ: KSCP) has expanded its market presence by deploying its K5 Autonomous Security Robot at a California financial institution. This credit union, founded in 1934, manages over $25 billion in assets and seeks to enhance physical security while improving member engagement and brand recognition. By leveraging advanced technology, Knightscope aims to create a safer environment, furthering its mission to elevate U.S. security operations.
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