Knightscope, Inc. Stock Price, News & Analysis

Knightscope (NASDAQ: KSCP) has been selected by AFWERX for a Phase I SBIR contract to enhance Air Force Installation Security procedures. The company will research and evaluate security approaches while leveraging its Autonomous Security Robots (ASRs) to protect defense assets and personnel.

The partnership with the U.S. Air Force Research Laboratory aims to accelerate the adoption of innovative solutions, combining machine learning, autonomous navigation, and sensor-driven anomaly detection. Under the contract, Knightscope will assess current security protocols and recommend ASR deployment strategies to counter emerging threats.

The company also announced an upgrade to its K5 Autonomous Security Robot, featuring improved machine learning and sensor fusion capabilities. The enhanced K5 can now patrol larger and more complex environments, including military bases, with advanced autonomous navigation features.

Knightscope (NASDAQ: KSCP) has announced a significant upgrade to its K5 Autonomous Security Robot (ASR), enhancing its autonomous navigation system to operate in larger and more complex environments. The improved K5 is specifically designed for expansive areas like parking lots, logistics centers, and auto auction facilities.

An Ohio police department has signed a two-year agreement to become the first organization to utilize the upgraded K5 ASR. Final testing is currently underway at Knightscope's headquarters in Silicon Valley, with production units planned for shipment soon. The K5, introduced in 2015 and Made in America, has been deployed across various environments including schools, hospitals, corporate campuses, casinos, transportation hubs, and storage facilities.

Knightscope (KSCP) has secured 10 new client agreements in the first 10 days of 2025 for its autonomous security robots (ASR) and emergency communication devices (ECD). A Dallas automotive group signed a two-year contract for a K5 ASR to address vandalism and theft issues, with potential expansion to two additional dealerships.

The company received orders for 29 K1 ECDs from clients across Georgia, Massachusetts, Texas, and Virginia, serving counties, municipalities, and educational institutions. Expansion contracts were secured in Florida, Massachusetts, New Jersey/New York, and North Carolina, covering commercial development, municipal, port authority, and college deployments.

Following Knightscope's announced corporate restructuring and operational changes in December 2024, these early 2025 sales indicate positive momentum for the company's growth strategy.

Knightscope (NASDAQ: KSCP) announces seven client contract renewals for its autonomous security robot (ASR) and emergency communication device (ECD) services. The renewals include two commercial real estate portfolios, a casino, and a hospital for ASR services, totaling 6 deployed robots. Additionally, a school and two local governments renewed ECD service agreements.

Furthermore, five clients upgraded to the K5v5, Knightscope's fifth-generation security robot. The upgraded clients include two casinos, a Class-A twin-tower office complex, and a storage facility. The K5v5 features improvements in build speed, quality, and serviceability. When combined with the Risk & Threat Exposure (RTX) enhancement to its Machine-as-a-Service model, these upgrades strengthen on-site performance and reliability.

Knightscope (NASDAQ: KSCP) announces the completion of its K7 Autonomous Security Robot alpha prototype, marking a significant milestone in its 2024 transformation. The K7, a four-wheeled autonomous vehicle larger than the K5, features enhanced patrol speeds and capabilities for larger environments, with beta prototype and pre-orders planned for 2025.

The company underwent major changes in 2024, including board restructuring, management changes, and financial improvements. Notable achievements include eliminating toxic warrants, converting preferred stock to common stock, completing a reverse stock split to maintain Nasdaq compliance, and securing capital through various offerings. Operationally, Knightscope upgraded its K5 fleet, deployed K5 GOV with the U.S. Federal Government, initiated development of the Intelligence Control Module, hired a new sales team, and established a Risk & Threat Exposure department.

Knightscope (NASDAQ: KSCP) has secured 12 new contracts across 7 U.S. states for its K1B Emergency Communication Devices (ECDs). The contracts span Arizona, California, Connecticut, New Hampshire, New Jersey, New York, and Texas, serving diverse sectors including state and local government, universities, and transportation.

The company has also expanded its Knightscope Authorized Partner (KAP) program with three new resellers: Clark Transportation Solutions in Phoenix, Miller Solutions covering Arkansas and Oklahoma, and NEWCOM Global from Boston. The K1B ECDs feature voice connectivity, broadcast alerts, and area illumination capabilities, with priority access to cellular bandwidth through Verizon Frontline service.

Knightscope (NASDAQ: KSCP) has added The Car Park, a national parking solutions management company, to its Knightscope Authorized Partner (KAP) reseller program. The partnership enables The Car Park to offer Knightscope's Autonomous Security Robots (ASRs) and Emergency Communication Devices (ECDs) across its national network.

The Car Park will have access to various ASR models, including the K5 and K1 Hemisphere, equipped with 4K video recording, license plate recognition, and automated incident reporting capabilities. The offering also includes K1 Blue Light Towers and Blue Light E-Phones featuring voice connectivity and broadcast alerts, powered by Verizon Frontline network.

Knightscope (KSCP) has secured new contracts across 12 U.S. states for its K5 Autonomous Security Robots (ASRs) and K1B Emergency Communication Devices (ECDs). The deployments will serve diverse sectors including state and local government, universities, utilities, and commercial real estate in California, Connecticut, Delaware, Florida, Georgia, Maryland, New York, North Carolina, Ohio, South Carolina, Texas and Washington.

The K5 ASR features AI software for enhanced property safety and visitor interaction, while the ECDs provide reliable emergency communication backup to cell phones, now enhanced with Verizon Frontline's priority network access for first responders.

Knightscope (KSCP) has announced the pricing of an underwritten public offering of 1,210,000 shares of Class A common stock at $10.00 per share, expected to raise $12.1 million in gross proceeds. The offering includes pre-funded warrants with an exercise price of $0.001. The underwriter has a 30-day option to purchase an additional 181,500 shares, potentially adding $1.8 million. The offering is expected to close around November 25, 2024. The company plans to use proceeds for general corporate purposes and working capital. Titan Partners Group is acting as sole bookrunner.