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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 deployed a K5 Autonomous Security Robot at a large S&P 500 company's distribution center in San Bernardino County, CA. The robot will patrol a 970,000 square foot area to enhance security measures, deter crime, and support the safety of over 53,000 employees. This strategic partnership aims to reduce costs and improve the overall security posture of the facility.

Knightscope focuses on creating advanced security technologies, with the long-term goal of making the U.S. the safest country globally.

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Knightscope, Inc. (NASDAQ: KSCP) has welcomed Dr. Paul C. D'Angio as the new Director of Robotics Engineering. Dr. D'Angio brings significant experience from Booz Allen Hamilton, where he led a robotics R&D group. The company is currently halfway through a cyber security review process with the U.S. Federal Government, aiming for an Authority-to-Operate (ATO). Knightscope announced its Robot Roadshow will occur in Dallas, Texas, on March 16 and 17, 2022, to engage potential clients and showcase its autonomous security robots.

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Knightscope, Inc (NASDAQ: KSCP) has secured a contract with a Denver-based commercial real estate developer for a new urban center project. This development includes 38 high-rise towers spanning over 10 million square feet, with amenities covering residential, retail, office, hotel, and entertainment sectors. The project aims to accommodate 7,500 permanent residents and will feature advanced security solutions, including Knightscope’s K5 Autonomous Security Robot. The entire center will be solar-powered and focus on sustainability with innovative landscaping and a bio-tech water system.

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Knightscope, Inc (Nasdaq: KSCP) has announced the deployment of a K5 Autonomous Security Robot at a Texas-based manufacturer of lubricants. The facility, dissatisfied with traditional security guards, aims to enhance its security through this innovative solution. The K5 ASR is expected to offer a reliable presence, boosting security confidence at the Houston location. Knightscope continues to focus on advancing physical security technologies as part of its mission to enhance safety across the United States.

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Knightscope, Inc (NASDAQ: KSCP) announced that a Knightscope K5 Autonomous Security Robot is now patrolling the Sunset Strip in Los Angeles, serving one of the largest healthcare organizations in the U.S. This client operates nearly 40 hospitals and over 700 medical facilities, employing more than 200,000 individuals. Knightscope aims to enhance safety by collaborating with the hospital's security team and the LAPD.

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Knightscope (NASDAQ: KSCP) announced a new contract for two K5 Autonomous Security Robots (ASRs) in Denver. The client, a large real estate operator with nearly 1,000 employees and $29 billion in assets, plans to deploy the robots in premier mixed-use neighborhoods, enhancing public safety by deterring crime. The robots will be strategically placed in two multi-level parking structures near Coors Field to begin operations around April 2022, coinciding with the baseball season.

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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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FAQ

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

The current stock price of Knightscope (KSCP) is $13.35 as of December 20, 2024.

What is the market cap of Knightscope (KSCP)?

The market cap of Knightscope (KSCP) is approximately 55.4M.

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

55.39M
3.81M
1.97%
2.88%
10.43%
Security & Protection Services
Communications Equipment, Nec
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United States of America
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