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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] announces that the Huntington Park Police Department has renewed its contract for the K5 Autonomous Security Robot (ASR) for the 6th consecutive year. The K5 ASR has been patrolling Salt Lake Park, contributing to public safety efforts. Chief of Police Cosme Lozano praised the integration of the K5 into city resources, citing its benefits in monitoring public spaces and enhancing public safety.
During its first year of deployment, Knightscope's technologies helped reduce calls for service by 10% and crime reports by 46% at Salt Lake Park. The city manager previously credited the K5 ASR for positively impacting crime and nuisance activity in the area. Knightscope CEO William Santana Li expressed pride in continuing to serve law enforcement with their public safety technologies.
Knightscope, Inc. (Nasdaq: KSCP) announces two expansion contracts for its Emergency Communication Devices (ECDs). A Houston area school district with 48 K1 Blue Light Towers and a central California transportation commission with 224 K1 Call Boxes have both added Full-Service Maintenance Plans (FSMP) to their existing agreements. The FSMP provides comprehensive support, parts, and service for all ECDs, ensuring high reliability and uptime.
Additionally, Knightscope's Robot Roadshow is scheduled to visit Cambridge, MD on August 8, 2024. Hosted by X9 Intelligence, a Knightscope Authorized Partner, the event will showcase the company's self-driving, electric technologies, including Autonomous Security Robots and blue light emergency phones. The free event aims to demonstrate Knightscope's public safety solutions to potential clients and the general public.
Knightscope, Inc. [Nasdaq: KSCP], a robotics and AI company focused on public safety, announces that the University of Texas (UT) has purchased two additional K1 Blue Light Towers for its Tyler campus. These towers provide reliable, one-touch access to emergency services such as police, fire, and EMS, enhancing campus safety for students, faculty, and visitors.
The K1 Blue Light Towers offer advantages over cell phones in emergencies, including functionality during power outages, network congestion, and precise geolocation capabilities. This expansion demonstrates UT's commitment to leveraging technology for improved campus security and emergency response.
Knightscope, Inc. [Nasdaq: KSCP], a robotics and AI company focused on public safety, has announced its Second Quarter 2024 Town Hall Update scheduled for August 15, 2024, at 11am PT / 2pm ET. The event will follow the filing of the company's Q2 2024 10-Q report with the SEC. CEO William Santana Li and CFO Apoorv S Dwivedi will deliver a pre-recorded video update on Q2 2024 performance, followed by a live Q&A session with supporters, investors, and analysts. Interested parties must RSVP to attend the online forum. The pre-recorded presentation will be available at www.knightscope.com/rise after the event.
Knightscope (Nasdaq: KSCP) has successfully upgraded a K5 Autonomous Security Robot (ASR) to its fifth generation at a San Diego multifamily residential community. This upgrade, deployed by Knightscope Authorized Partner JDS Security, marks progress towards the company's 'Road to Profitability' goal.
The client, a top-ranked multifamily housing owner and developer by the National Multifamily Housing Council, has expanded its contract by adding a K1 Hemisphere ASR. With over 37 years in the sector, the client manages 41,000 units across 30 markets, representing significant expansion potential for Knightscope.
The K1 Hemisphere deployment coincides with the K5 upgrade, enhancing safety measures for the community. Knightscope continues to focus on public safety through robotics and AI technologies, offering services including Risk & Threat Exposure Analysis, Blue Light Emergency Communication Systems, and Automated Gunshot Detection.
Knightscope, Inc. [Nasdaq: KSCP], a robotics and AI company focused on public safety, announces the 6th consecutive year contract renewal with a California marketplace client. The client, operating flea markets and swap meets, continues to use one K5 Autonomous Security Robot (ASR) and two K1 Hemispheres to protect their San Francisco Bay Area property.
Initially deploying a K5 in 2019 to address vehicle break-ins, the client later added K1 Hemispheres to enhance their security program. Quarterly reviews show the elimination of night-time vehicle break-ins and a significant drop in reported thefts, leading to high client satisfaction. This renewal supports Knightscope's mission to make the United States the safest country globally and strengthens the company's long-term value proposition.
Knightscope, Inc. [Nasdaq: KSCP] announces two expansion contracts for university clients in Louisiana and New Jersey. The Louisiana university police department subscribed to the Knightscope Emergency Management System (KEMS) software to monitor 11 K1 Blue Light Towers across campus. In New Jersey, a large university client with nearly 300 Emergency Communication Devices added a Full-Service Maintenance Plan (FSMP) to cover all Blue Light Towers and E-Phones on campus.
Additionally, Knightscope's Robot Roadshow is scheduled to visit Baltimore, MD, on July 26, 2024, hosted by X9 Intelligence, a Knightscope Authorized Partner. The event will showcase Knightscope's self-driving, electric technologies, including Autonomous Security Robots and the blue light emergency phone system.
Knightscope (NASDAQ: KSCP) has secured a new contract to provide 8 K1 Blue Light Towers to a college in Nevada. The towers, equipped with solar panels, mass notification speakers, and faceplate cameras, will enhance campus safety. The client has also subscribed to a full-service maintenance plan and the Knightscope Emergency Management System (KEMS) software.
Additionally, Knightscope's Robot Roadshow will be featured at the 18th Annual Veterans Affairs Healthcare Summit in Arlington, VA, on July 23-24, 2024. The Roadshow offers an interactive experience with Knightscope's autonomous security technologies, including robots and emergency communication systems.
Knightscope [Nasdaq: KSCP] has unveiled the K1 Laser, a new product targeting the 80+ million security camera market. This lidar-based technology detects people and objects, offering enhanced situational awareness for improved safety in various settings. The K1 Laser can be installed on fixed infrastructure or combined with Knightscope's K1 portfolio of stationary technologies.
Key features include:
- Advanced monitoring and safety technology
- Operation in adverse weather and low/no light conditions
- Integration with lidar-based perception software
- Potential to reduce false alarms and missed events by up to 95%
The K1 Laser complements Knightscope's existing Autonomous Security Robots (ASR) business, expanding its stationary product line in the public safety sector.
Knightscope, an innovator in robotics and AI technologies focused on public safety, has announced a new contract for its K1 Emergency Communication Devices (ECDs) with a high school in Texas, alongside a renewal of its full-service maintenance agreement with Mountain View, California. The Texas high school, located just south of Houston, has purchased two K1 Blue Light Towers to enhance campus safety and subscribed to the Knightscope Emergency Management System (KEMS). This system provides immediate text/email notifications, real-time error detection, and system performance statistics, ensuring reliable, one-touch access to emergency services. The K1 Blue Light Towers offer direct communication during emergencies, helping to create a secure environment for students, faculty, and visitors.
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