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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

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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Knightscope Receives New Orders from City Hall and Growing Reseller

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Knightscope, Inc. (KSCP) announces its first order from a Texas municipality for one of its K1 Blue Light E-Phones to be installed at City Hall. Additionally, Knightscope Authorized Partner Transportation Solutions & Lighting, Inc. continues to grow its business with 7 K1 Retrofit Kits to replace competitive products at a North Carolina College. The E-Phones are engineered to be either hardwired or a completely wireless solution, ideal for enhancing public security. The Retrofit Kit allows colleges and universities to easily update existing emergency communication systems. This indicates a positive growth trajectory for Knightscope in the security solutions market.
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Knightscope Emergency Communications Sales Continue with Three New Orders

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Knightscope, Inc. (KSCP) announces three new orders for emergency communication devices, including Blue Light Towers and Call Boxes, for a Texas university, a New Jersey municipality, and a Virginia country club. These devices provide reliable, one-touch communication with emergency services, especially in areas with limited cell phone service or dead phone batteries. The company's products offer exact location tracking for quick dispatch of services, unlike personal cellular devices that do not transmit GPS data through the system.
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Ascendiant Capital Markets Maintains Buy Rating for Knightscope Raises Per Share Price Target to $4.00

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Knightscope, Inc. (KSCP) Receives Buy Rating and Increased Price Target from Ascendiant Capital Markets LLC
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Knightscope Awarded Authority to Operate by U.S. Federal Government

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Knightscope, Inc. (KSCP) Receives Authority to Operate from FedRAMP, Expanding Market Potential and Profitable Growth Opportunities
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FAQ

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

The current stock price of Knightscope (KSCP) is $15.63 as of November 22, 2024.

What is the market cap of Knightscope (KSCP)?

The market cap of Knightscope (KSCP) is approximately 58.1M.

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.

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Knightscope, Inc.

Nasdaq:KSCP

KSCP Rankings

#4754 Ranked by Market Cap
N/A Ranked by Dividends

KSCP Stock Data

58.14M
3.41M
1.97%
2.88%
10.43%
Security & Protection Services
Communications Equipment, Nec
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