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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) has announced a strategic partnership with Allied Universal, a leading security services company with approximately $20 billion in revenues. The collaboration will provide Autonomous Security Robots (ASRs) to U.S. customers aimed at reducing crime and enhancing security operations. Allied Universal’s Technology Services will deploy various Knightscope robots, supported by comprehensive service and maintenance. This partnership is expected to drive long-term growth and enhance public safety for clients.

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Knightscope, a leader in security technology, has appointed Suzanne Muchin to its board of directors. Muchin is noted for her extensive entrepreneurial experience and commitment to enhancing corporate governance diversity, with the board now comprised of 86% women and 43% minorities. CEO William Santana Li expressed enthusiasm for her addition, emphasizing a shared mission to improve safety in the U.S. The company aims to leverage Muchin's expertise in shaping its strategic direction.

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Knightscope (NASDAQ: KSCP) is expanding its market reach by deploying a K5 Autonomous Security Robot at a non-profit organization in Atlanta. This initiative aims to bolster security for a facility serving the rapidly growing aging population in the U.S. The robot will help deter criminal activities and provide a cost-effective security solution, allowing the organization to focus on its core mission of improving the well-being of elderly individuals. This partnership highlights Knightscope's commitment to enhancing safety in communities.

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Knightscope, Inc. (NASDAQ: KSCP) has secured a contract to deploy a K5 Autonomous Security Robot in Seattle for a Fortune 1000 hotel and resort chain. This deal enhances Knightscope's presence in the hospitality sector, which has seen increased demand for security solutions. The company aims to address critical security concerns in the hotel industry, such as theft and assaults, leveraging its proven track record. Knightscope believes this deployment will improve safety for guests while expanding its clientele base significantly.

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Knightscope, Inc (NASDAQ: KSCP) has announced a new client in the casino sector as it continues to expand its security services. The K5 Autonomous Security Robot (ASR) will be deployed at a California casino to enhance security amidst the high threats associated with criminal activities in such environments. This deployment aims to improve safety for both patrons and staff, ensuring a secure gaming experience. Knightscope positions itself as a leader in advanced physical security technologies, with goals to significantly enhance security operations across the U.S.

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Knightscope, Inc (NASDAQ: KSCP) announced the upcoming Robot Roadshow event in Fort Worth, Texas on January 31, 2022. The event will run from 10:00am to 2:00pm CST at the Tarrant County Resource Connection. This interactive exhibition allows attendees to engage with the company's autonomous security robots and see the Knightscope Security Operations Center in action. Admission is free for clients, investors, media, and the public.

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Knightscope, Inc (NASDAQ: KSCP), a leader in advanced security technologies, has expanded its client portfolio by partnering with Securitas to deploy a K5 Autonomous Security Robot at a major finance company's new parking structure. This initiative aims to mitigate issues like car theft and criminal activities. Knightscope's mission is to enhance public safety across the U.S. by deploying innovative security solutions. The K5 robot is designed to patrol and report, contributing to the safety of urban environments.

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Knightscope, Inc. announces that its common stock will commence trading on the NASDAQ under the ticker symbol KSCP on January 27, 2022 at approximately 11:00am EST. The company specializes in advanced physical security technologies aimed at enhancing U.S. security operations. This significant listing marks an important milestone for Knightscope as it seeks to expand its public presence and operational capabilities in the security sector.

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Knightscope, Inc. has successfully raised $22.36 million through the sale of 2,236,619 shares at $10.00 each. The company plans to begin trading on NASDAQ under the ticker symbol KSCP on January 27, 2022. Knightscope intends to use the funds to enhance its development of advanced security technologies aimed at making the U.S. safer. The offering was managed by Digital Offering, LLC, which specializes in Regulation A+ offerings.

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Knightscope, Inc. has announced an offering of up to $40 million in Class A common stock, comprising 4 million shares priced at $10 each, set to list on NASDAQ under the ticker symbol KSCP. The offering aims to fund the expansion of its fleet of Autonomous Security Robots and invest in new technologies to enhance security solutions across various sectors, including government and corporate environments. CEO William Santana Li expressed gratitude to investors and emphasized Knightscope's commitment to enhancing public safety in the United States.

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FAQ

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

The current stock price of Knightscope (KSCP) is $16.19 as of November 20, 2024.

What is the market cap of Knightscope (KSCP)?

The market cap of Knightscope (KSCP) is approximately 49.1M.

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

49.09M
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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