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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.

News

North Hollywood Client Renews Knightscope Security Robot Contract for 8th Year

Rhea-AI Summary
Knightscope, Inc. announces the renewal of a client's contract for the eighth consecutive year, citing the effectiveness of the K5 Autonomous Security Robot in reducing security issues such as trespassing, vandalism, theft, and break-ins. The renewals reflect the company's ability to foster growth, stability, and collaboration within its client base, demonstrating client satisfaction and trust in the Machine-as-a-Service business model.
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Knightscope Announces Bond Closing Date

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Knightscope, Inc. announces the closing date of its Public Safety Infrastructure Bond Offering on March 14, 2024, offering 10% interest on up to a 5-year bond. The company aims to provide non-dilutive growth capital while offering an attractive return on investment to supporters. The bond offering is designed to allow retail investors to participate in high-yield debt offerings made by publicly traded companies, addressing an injustice in the market. The offering statement has been filed with the SEC and the offering circular is available for review.
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Knightscope Earns Triple Expansion of Emergency Communications Tech

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Knightscope, Inc. announces that three clients have ordered additional equipment to expand their emergency communications programs, totaling 5 new systems. The press release highlights the importance of modern blue light emergency communication systems in providing reliable access to emergency assistive services, especially in situations where cell phones may not be accessible or reliable.
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University Expands Emergency Communication Conversion with Knightscope

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Knightscope, Inc. announces the expansion of its K1 Retrofit Kits to upgrade emergency communication devices at a private university in New Hampshire. The project aims to retrofit 40 legacy hardwired systems to wireless devices, with 13 phones upgraded in the initial order. The Retrofit Kits offer modern features like wireless solar power, phone connectivity, and self-monitoring software, along with automated daily email reports and optional text messaging and real-time graphical map.
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Fortune 500 Client Renews Knightscope Agreement for 3rd Year

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Knightscope, Inc. announces the renewal of its K5 Autonomous Security Robot contract for the 3rd year with a Fortune 500 company in Charlotte, NC. The company has been using the K5 ASR since 2022 to patrol a newly constructed parking structure, enhancing safety for its customers and employees. This renewal validates Knightscope's Machine-as-a-Service business model and contributes to recurring revenue. The company's mission is to make the United States the safest country and it is honored to serve the financial industry in achieving that goal.
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Two New Knightscope Security Robots Now Protecting Houston Property

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Knightscope, Inc. (KSCP) deploys two new autonomous security robots (ASRs) with a top commercial real estate firm in Houston to protect a large parking structure, aiming to deter negative activities and elevate property values. The ASRs have successfully prevented vehicle break-ins, trespassing, vandalism, and thefts, contributing to safer environments for tenants and visitors.
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Texas Municipality Expands Use of Knightscope Emergency Communications

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Knightscope, Inc. announces that a major city in Texas is adding 3 K1 Blue Light Towers to the existing 16 already in use, bringing the total to 19. The towers will be monitored by the Knightscope Emergency Management System (KEMS) software, providing reliable emergency communication and enhancing community safety. Knightscope's technology aims to establish a feeling of comfort and security in communities, with highly visible blue light emergency phones offering one-touch communication with emergency services. The press release emphasizes the importance of safety in public parks and recreational facilities for community wellness and usage rates.
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Knightscope Wins 5-Robot Contract with 24/7 Monitoring

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Knightscope, Inc. announces a new 5-robot contract with a real estate development firm in New York, including remote monitoring service. The client's portfolio includes entertainment-based retail, multi-tenant office, medical office, industrial, and multifamily-residential developments. The first property to receive Knightscope's advanced technologies is a big-box shopping complex with an eight-story parking structure. The Robot Roadshow will be landing in Miami, FL, allowing everyone to participate in expert-led demonstrations of the AI-equipped, self-driving robots.
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Knightscope Deploys at Second of Three Locations for New Healthcare Client

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Knightscope, Inc. deploys its fifth generation K5 autonomous security robot at an Oregon medical center for a nonprofit healthcare client. The client is a six-hospital health system with various healthcare facilities, 14,000 employees, and nearly 3,000 health care providers. Knightscope aims to enhance safety for healthcare providers, patients, families, and visitors.
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Knightscope Deploys Four New Security Robots at Three Locations

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Knightscope, a leading developer of autonomous security robots and blue light emergency communication systems, announced the deployment of security robots at a church, medical center, and an amusement and recreation services facility. The press release highlights the versatility and capabilities of the K1 Hemisphere ASR and the K5 ASR, showcasing the significant leaps in the accuracy and reliability of AI and analytics. The deployment of these robots demonstrates the growing application of AI and machine learning in public safety, marking a significant advancement in physical security. Knightscope's ASRs can accurately detect people in restricted areas, identify known threats, read vehicle license plates, and provide faster forensic searches and response times to any threats.
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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.

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Knightscope, Inc.

Nasdaq:KSCP

KSCP Rankings

#4805 Ranked by Market Cap
N/A Ranked by Dividends

KSCP Stock Data

55.39M
3.81M
1.97%
2.88%
10.43%
Security & Protection Services
Communications Equipment, Nec
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