Knightscope, Inc. - KSCP STOCK NEWS

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.

Knightscope, a leading robotics and AI technology firm, has secured three new contracts for its K1 Emergency Communication Devices (ECDs), enhancing public safety programs. The locations benefiting from these installations include South Boston, Virginia; Farmington, Pennsylvania; and Buffalo Grove, Illinois. In South Boston, a global tech company purchased a solar K1 Blue Light Tower for an employee parking lot, facilitated by Knightscope's new partner, MSC Direct. In Farmington, a crafts school in a remote area will use the K1 Call Box with satellite communication due to poor cellular service. Buffalo Grove's installation involves a K1 Blue Light Tower and a subscription to Knightscope's Emergency Management System (KEMS) for real-time monitoring and notifications.

An online retailer in Georgia has deployed four of Knightscope's K1 Hemisphere Autonomous Security Robots across their warehouses in Atlanta, Georgia, and Pompano Beach, Florida. These robots aim to enhance employee safety and deter theft and trespassing. Additionally, a marina in Texas has contracted Knightscope to install its first K1 Blue Light Emergency Phone for improved guest safety.

The four warehouses offer over 40,000 genuine, brand name fragrances, skincare, makeup, haircare, aromatherapy, and candles. The Hemispheres are deployed to monitor driveways and loading docks where mobility of larger security robots is not required. The Texas marina’s decision to implement the emergency phone system is part of its efforts to provide a secure and hospitable environment.

Knightscope, a leader in robotics and AI for public safety, has announced the deployment of two new K5 Autonomous Security Robots (ASRs) at a fast-growing self-storage company in California. The K5 ASRs will enhance security and act as brand ambassadors by broadcasting helpful messages. The client is evaluating the success of these deployments for potential expansion to other locations. The global self-storage market, valued at $54 billion in 2022, is expected to grow to $83.6 billion by 2027 at a CAGR of 7.53%, with 90% of inventory in the U.S. Enhanced safety measures at these facilities can maximize occupancy and increase revenue per square foot.

Knightscope (Nasdaq: KSCP) announced the renewal of contracts for its K5 Autonomous Security Robot by two clients: a commercial real estate property in California for the third year, and a healthcare provider in New York for the second year. The K5 ASR has notably reduced property vandalism and car break-ins by 90% at Santa Clara Towers in Silicon Valley. The healthcare facility in New York utilizes the robot to enhance the safety and security of its lobby, benefiting residents, employees, and visitors. Knightscope's technologies aim to improve public safety, emergency communications, and patient satisfaction across various sectors.

Knightscope, an AI and robotics company, announced a new contract with a Texas municipality for 3 K1 Blue Light Towers. This contract was facilitated through their new partner, PMB Capital Investments. PMB, with over 30 years of real estate and capital markets experience, focuses on high-growth cities in the southwestern US. This contract marks a significant milestone for Knightscope, potentially opening doors for more municipal contracts.

Additionally, a Bay Area biotech real estate developer has renewed its contract for the third year, involving 2 K5 Autonomous Security Robots and 1 K1 Tower ASR for enhanced security. These renewals underscore Knightscope's role in protecting high-value assets and intellectual property at high-tech facilities.

Knightscope's technologies, including emergency communication systems and security robots, aim to provide reliable safety solutions. Interested parties can learn more through discovery calls or demonstrations on their website.

Knightscope (Nasdaq: KSCP) has announced a new contract with the New York City Fire Department (FDNY) to utilize its Knightscope Emergency Management System (KEMS) for monitoring 518 call boxes across Queens, Manhattan, the Bronx, and Brooklyn. The KEMS software will enhance public safety by providing real-time health and status updates of the emergency communication devices. This system offers immediate notifications when help buttons are pressed and automated daily email reports on the operational status of call boxes, eliminating the need for manual checks. The KEMS platform also delivers alerts and diagnostics to maximize system usability.

Knightscope has signed a deal with a privately held American hospitality company to deploy its K5 Autonomous Security Robots (ASRs) and Risk & Threat Exposure (RTX) analyst services at properties in Houston and Atlanta. The client, which operates over 150 locations across 26 states, aims to enhance safety at its mid-scale hotels using these robots. The K5 ASR, driven by proprietary AI, offers 24/7 surveillance and real-time threat alerts, improving guest and staff security.

Weatherspoon Enterprises, a North Carolina security services provider, has renewed its contract for a K5 ASR for the third year, using it as a demonstration device. The CEO of Weatherspoon, an experienced law enforcement and Army veteran, integrates these robots into their comprehensive security solutions.