STOCK TITAN

Verizon partners with Knightscope to power connectivity for advanced public safety tech

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
partnership

Verizon Business has partnered with Knightscope to provide connectivity for autonomous security robots (ASRs). The collaboration focuses on deploying K5 security robots and K1 emergency communication devices at commercial and government facilities. The K5 ASR has received FedRAMP approval from the U.S. Department of Veterans Affairs, validating its security compliance. Operating 24/7 with Verizon's 4G LTE connectivity and future 5G integration, the K5 offers real-time monitoring capabilities through the Knightscope Security Operations Center interface. This partnership extends Verizon's relationship with the VA, following a $448.3 million contract for mobile devices and mission-critical communications support.

Verizon Business ha instaurato una partnership con Knightscope per fornire connettività ai robot di sicurezza autonomi (ASR). La collaborazione si concentra sul dispiegamento dei robot di sicurezza K5 e dei dispositivi di comunicazione di emergenza K1 presso strutture commerciali e pubbliche. L'ASR K5 ha ricevuto l'approvazione FedRAMP dal Dipartimento degli Affari dei Veterani degli Stati Uniti, convalidando la sua conformità alla sicurezza. Operando 24 ore su 24, 7 giorni su 7 con la connettività 4G LTE di Verizon e l'integrazione futura del 5G, il K5 offre capacità di monitoraggio in tempo reale attraverso l'interfaccia del Knightscope Security Operations Center. Questa partnership estende il rapporto di Verizon con il VA, dopo un contratto di 448,3 milioni di dollari per dispositivi mobili e supporto per comunicazioni mission-critical.

Verizon Business se ha asociado con Knightscope para proporcionar conectividad a los robots de seguridad autónomos (ASR). La colaboración se centra en el despliegue de los robots de seguridad K5 y los dispositivos de comunicación de emergencia K1 en instalaciones comerciales y gubernamentales. El ASR K5 ha recibido la aprobación FedRAMP del Departamento de Asuntos de Veteranos de EE. UU., validando su cumplimiento de seguridad. Operando 24/7 con la conectividad 4G LTE de Verizon y futura integración 5G, el K5 ofrece capacidades de monitoreo en tiempo real a través de la interfaz del Centro de Operaciones de Seguridad de Knightscope. Esta asociación extiende la relación de Verizon con el VA, tras un contrato de 448,3 millones de dólares para dispositivos móviles y apoyo a comunicaciones críticas para la misión.

Verizon BusinessKnightscope와 협력하여 자율 보안 로봇(ASR)의 연결성을 제공합니다. 이 협력은 상업 및 정부 시설에 K5 보안 로봇과 K1 비상 통신 장치를 배치하는 데 중점을 두고 있습니다. K5 ASR은 미국 재향 군인부의 FedRAMP 승인을 받아 보안 기준을 충족하는 것으로 확인되었습니다. Verizon의 4G LTE 연결성과 향후 5G 통합으로 24시간 운영되며, K5는 Knightscope 보안 운영 센터 인터페이스를 통해 실시간 모니터링 기능을 제공합니다. 이 파트너십은 Verizon과 VA의 관계를 확장하며, 4억 4천 8백 30만 달러 규모의 이동 장치 및 임무-critical 통신 지원 계약을 체결한 후 이루어졌습니다.

Verizon Business s'est associé à Knightscope pour fournir une connectivité aux robots de sécurité autonomes (ASR). Cette collaboration se concentre sur le déploiement des robots de sécurité K5 et des dispositifs de communication d'urgence K1 dans des installations commerciales et gouvernementales. L'ASR K5 a reçu l'approbation FedRAMP du Département des Anciens Combattants des États-Unis, validant sa conformité en matière de sécurité. Fonctionnant 24/7 avec la connectivité 4G LTE de Verizon et une future intégration 5G, le K5 offre des capacités de surveillance en temps réel via l'interface du Centre d'Opérations de Sécurité de Knightscope. Ce partenariat renforce la relation de Verizon avec le VA, suite à un contrat de 448,3 millions de dollars pour des appareils mobiles et un support de communication critiques pour la mission.

Verizon Business hat sich mit Knightscope zusammengeschlossen, um die Konnektivität für autonome Sicherheitsroboter (ASRs) bereitzustellen. Die Zusammenarbeit konzentriert sich auf die Bereitstellung der K5-Sicherheitsroboter und der K1-Notfallkommunikationsgeräte in kommerziellen und staatlichen Einrichtungen. Der K5 ASR hat die FedRAMP-Genehmigung des US-Veteranenministeriums erhalten, die seine Sicherheitskonformität bestätigt. Mit der 4G LTE-Konnektivität von Verizon und zukünftiger 5G-Integration arbeitet der K5 rund um die Uhr und bietet in Echtzeit Überwachungsmöglichkeiten über die Benutzeroberfläche des Knightscope Security Operations Center. Diese Partnerschaft erweitert die Beziehung von Verizon zum VA, nach einem Vertrag über 448,3 Millionen Dollar für mobile Geräte und kritischen Kommunikationssupport.

Positive
  • Secured FedRAMP approval for K5 security robot, enabling VA contracts
  • Part of $448.3M, nine-year VA contract expansion
  • Strategic expansion into government security sector
  • Future revenue potential through planned 5G integration
Negative
  • None.

Insights

The partnership between Verizon and Knightscope represents a strategic move into the growing autonomous security market, though its immediate revenue impact will be The key value lies in Verizon's expansion of its enterprise and government solutions portfolio, particularly with the VA contract connection. The $448.3 million VA expansion deal mentioned provides a solid foundation for this partnership.

The integration of 4G LTE and planned 5G capabilities with Knightscope's autonomous security robots creates a new revenue stream in the security-as-a-service sector. This aligns with Verizon's strategy to monetize its 5G infrastructure investments. The FedRAMP certification is particularly significant as it opens doors for additional government contracts beyond the VA.

This partnership positions Verizon to capture a share of the rapidly growing autonomous security robot market, which is projected to see substantial growth. The collaboration strengthens Verizon's competitive position against AT&T and T-Mobile in the enterprise solutions space, particularly in government contracting. The VA contract serves as a powerful reference customer that could lead to additional government agency adoptions.

The deal's true value lies in its potential to create recurring revenue streams through connectivity services and demonstrates Verizon's execution of its enterprise growth strategy. While the immediate financial impact is minimal relative to Verizon's $134.0 billion annual revenue, the long-term potential in the autonomous security market is promising.

Knightscope’s K5 GOV Autonomous Security Robot has received FedRAMP Approval to serve the U.S. Department of Veterans Affairs

SAN ANTONIO, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Verizon Business today announced a partnership with Knightscope, a leading developer of autonomous security robots (ASRs), to provide secure, reliable connectivity for the deployment of Knightscope’s K5 security robots and K1 emergency communication devices to help elevate safety at commercial and government facilities.

This collaboration marks a significant advancement in autonomous security technology, with the K5, powered by the Verizon network, now holding a Federal Risk and Authorization Management Program (FedRAMP) Moderate Authority to Operate (ATO) designation from the U.S. Department of Veterans Affairs, a key endorsement of the K5’s security compliance.

“Verizon is committed to enhancing public safety by providing seamless and secure connectivity to the latest in autonomous security technology,” said Tom Long, an associate director for Verizon’s federal business. “Our partnership with Knightscope is a testament to the importance of secure, reliable connectivity in helping safeguard public spaces, and we look forward to further elevating these capabilities through 5G integration.”

The Knightscope K5 ASR is designed to patrol autonomously around the clock in large outdoor spaces, including during extreme weather, making it well-suited for securing government facilities. When equipped with Verizon’s 4G LTE connectivity—and with plans to integrate 5G in the near future—the K5 ASR leverages advanced real-time data transmission and monitoring capabilities, autonomously recharging and operating independently to maintain continuous surveillance. The integration of Verizon’s network services provides critical connectivity for the Knightscope Security Operations Center (KSOC) interface, offering organizations enhanced oversight with audio, video, and warning systems to help better safeguard public spaces.

In addition to the K5 ASR, Verizon provides connectivity for Knightscope’s K1 Blue Light Tower and Blue Light E-Phones, wireless emergency communication devices (ECDs) ideal for expansive outdoor areas. The K1 ECDs operate independently 24/7 and feature voice connectivity, broadcast alerts, and illumination capabilities to assist first responders and protect communities, even in harsh conditions. Knightscope will also have access to Verizon Frontline, the advanced network, and technology for first responders.

“With Verizon’s connectivity, Knightscope’s autonomous security robots are transforming safety and security for organizations like the VA,” said Knightscope CEO, William Santana Li. “Additionally, Verizon is enabling Knightscope to provide one-touch access to services such as police, fire, and EMS at hospitals, universities, and corporate campuses in times of danger, personal crisis, or medical emergencies.”

Verizon’s partnership with Knightscope is the latest milestone in the company’s efforts to serve as the go-to technology partner for the U.S. Department of Veterans Affairs. Last year, Verizon was awarded part of a $448.3 million, nine-year expansion with VA medical centers and health care facilities to supply mobile devices and, through Verizon Frontline, mission-critical communications support during the VA’s disaster recovery missions and other emergencies. Also, in partnership with the VA Palo Alto Health Care System, Verizon has deployed a full spectrum private 5G network across that facility, providing next-generation, campus-wide, full-spectrum, hybrid commercial and private 5G environment.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $134.0 billion in 2023. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit verizon.com or find a retail location at verizon.com/stores.

Knightscope builds cutting-edge technologies to improve public safety. Our long-term ambition is to make the United States of America the safest country in the world. Learn more about us at www.knightscope.com.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contact:
Geoffrey Basye
geoffrey.basye@verizon.com
(202) 748-1882


FAQ

What is Verizon's (VZ) new partnership with Knightscope for security robots?

Verizon Business is partnering with Knightscope to provide 4G LTE connectivity for K5 security robots and K1 emergency communication devices, enhancing security at commercial and government facilities.

Has Verizon's (VZ) K5 security robot received government approval?

Yes, the K5 security robot has received FedRAMP Moderate Authority to Operate (ATO) designation from the U.S. Department of Veterans Affairs.

What is the value of Verizon's (VZ) VA contract expansion in 2023?

Verizon was awarded part of a $448.3 million, nine-year expansion contract with VA medical centers and health care facilities.

What connectivity does Verizon (VZ) provide for Knightscope robots?

Verizon provides 4G LTE connectivity for the robots, with plans to integrate 5G technology in the future.

Verizon Communications

NYSE:VZ

VZ Rankings

VZ Latest News

VZ Stock Data

168.34B
4.21B
0.04%
65.55%
1.27%
Telecom Services
Telephone Communications (no Radiotelephone)
Link
United States of America
NEW YORK