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. (NASDAQ: KSCP) is a developer of autonomous security robots and emergency communication devices focused on public safety and physical security. This news page aggregates company-issued updates, press releases, and other coverage related to Knightscope’s operations, technology, and financial performance.
Readers can expect news about Autonomous Security Robot (ASR) deployments and subscriptions, including Machine-as-a-Service (MaaS) agreements and renewals across sectors such as residential multifamily communities, affordable housing, luxury retail, hospitality, healthcare, casinos and gaming, commercial real estate, smart infrastructure, transit authorities, data centers, and higher education. Knightscope frequently reports on new ASR contracts, subscription renewals, and premium monitoring services like Risk & Threat (RTX) accounts.
The company also issues regular updates on its Emergency Communication Device (ECD) business, highlighting new bookings and maintenance renewals with higher education institutions, healthcare providers, aviation clients, national and local parks and recreation agencies, utilities, local governments, and homeowners’ associations. These announcements often emphasize the role of ECDs in modernizing emergency communication infrastructure and expanding recurring revenue through Full-Service Maintenance (FSM) programs.
Investors and observers will find financial results coverage, including quarterly revenue trends, operating expenses, cash position, and commentary on supply chain conditions, production capacity, and research and development investments. Knightscope’s news also addresses operational milestones such as facility moves, production shifts, and capital structure actions, as well as strategic initiatives like the development of the K7 Autonomous Security Robot and collaboration with Palantir’s FedStart program to support potential federal deployments.
By following this page, users can review Knightscope’s reported contract wins, renewals, product developments, and financial disclosures in one place, helping them understand how the company is executing on its public safety mission over time.
Knightscope, Inc. (Nasdaq: KSCP) has announced the renewal of a contract for its K5 Autonomous Security Robot (ASR) for the fifth consecutive year by a long-term client. The robot, known as 'Optimus Crime,' operates in a mixed-use parking structure in the San Francisco Bay Area, ensuring the safety of visitors and vehicles. Additionally, Knightscope will showcase its 'Robot Roadshow' at the City Leadership Forum in Las Vegas on March 29-30, allowing public safety leaders to observe the technology firsthand.
Knightscope, Inc. (Nasdaq: KSCP) has received an order from the Port Authority NY NJ for three new K1 Call Boxes to be installed at the renovated Bayonne Bridge. This initiative enhances emergency communication by providing vital assistance to individuals in distress while utilizing the bridge, which spans 7,160 feet and features a 12-foot-wide pathway accessible round the clock. Knightscope aims to improve public safety through its innovative autonomous security solutions, furthering its mission to make the U.S. a safer place.
Knightscope, Inc. (Nasdaq: KSCP) announced the sale of a K1 Blue Light Tower to a Southern California private school and an additional K1 Call Box to a New York park. These technologies support public safety on educational campuses and municipal areas. Knightscope's autonomous security robots (ASRs) and emergency communication systems help deter crime and provide immediate access to assistance. The company will showcase its Robot Roadshow at the Las Vegas City Leadership Forum on March 29-30, aiming to attract public safety leaders seeking innovative security solutions. Knightscope envisions enhancing safety across the U.S.
Knightscope, Inc. (Nasdaq: KSCP) announced a purchase order for 30 K1 Blue Light Towers from a Florida reseller, indicating strong demand for its autonomous security products. These towers provide reliable wireless emergency communication, enhancing campus safety while reducing installation and maintenance costs. The modern systems utilize solar power and cellular communication, making them a cost-effective choice compared to traditional hardwired systems. This order reflects Knightscope's ongoing commitment to improving emergency communication systems, aligning with its ambition to enhance security across the United States.
Knightscope, Inc. (Nasdaq: KSCP) announced a contract with the Overton Brooks Veterans Administration Medical Center in Shreveport, Louisiana for 10 new K1 Blue Light Towers. This move aims to enhance the safety and security of patients and staff in healthcare facilities. The Veterans Health Administration operates more than 170 facilities, ensuring secure environments for over 9 million beneficiaries. The K1 suite of devices will streamline emergency communications, addressing increasing safety concerns in U.S. hospitals.
Knightscope, Inc. (Nasdaq: KSCP) announces the successful deployment of its K5 Autonomous Security Robot, named 'M-Bot', at M Resort Spa Casino, property of PENN Entertainment, Inc. (Nasdaq: PENN). The K5 enhances guest safety and experience by patrolling areas and offering a two-way communication system. The initiative aims to improve security within the entertainment and gaming sectors, reflecting a commitment to technology for safety and customer satisfaction. Knightscope continues to innovate in autonomous security solutions, seeking to make the U.S. a safer place.
Knightscope, Inc. (Nasdaq: KSCP) announces a significant partnership with GPI Defense, now a Knightscope Authorized Partner. This agreement includes the acquisition of 2 K5 autonomous security robots and a pre-order for 2 K1-Hemisphere robots, aimed at enhancing GPI's security services. Knightscope's strategy to increase profitability includes expanding reseller engagement and securing new contracts, including a pre-order from a large Midwestern healthcare group and a full-service agreement with a Southern California university for emergency communication systems. These initiatives signal Knightscope's commitment to enhancing public safety.
Knightscope, Inc. (Nasdaq: KSCP) recently announced the sale of 11 K1 Call Boxes to Larimer County, CO, marking a significant addition to its portfolio. This sale is part of over 30 new contracts and 7 renewals achieved in 2023, showcasing the company’s growth in autonomous security solutions. Knightscope has also surpassed 2 million hours of paid operations with its Autonomous Security Robots, highlighting their effectiveness and reliability. The company’s recent acquisition of CASE Emergency Systems has contributed to boosting top-line revenue. These developments signal a promising outlook for KSCP as it expands its market presence and enhances its service offerings.
Knightscope, Inc. (NASDAQ: KSCP) will host its Robot Roadshow at the Silverton Hotel & Casino in Las Vegas from February 7-9, 2023, from 10:00am to 2:00pm PT. This event aims to create direct connections with potential clients and showcase the technology of its autonomous security robots (ASRs). With 71 previous events in 24 states, Knightscope continues to promote its innovative security solutions.
Visitors can interact with ASRs and witness the Knightscope Security Operations Center in action. The event is free, but appointments are recommended due to high demand.
Knightscope, Inc. (Nasdaq: KSCP) announced robust sales activity with the sale of 13 autonomous security machines from five contracts, marking a strong start for 2023. The sales include a K5 Autonomous Security Robot for a private equity firm in Portland and multiple units for a property management group in Ohio. The company continues its strategic growth with new partnerships and expansion of its product line, including upcoming releases of the K1 Hemisphere ASR. Knightscope aims to enhance security measures across various sectors, addressing pressing safety concerns.
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