Knightscope, Inc. Stock Price, News & Analysis

Knightscope, Inc. (NASDAQ: KSCP) has secured its second contract from a Fortune 1000 hotel brand, previously signed in February 2022 for a Seattle location. The new agreement involves deploying a K5 Autonomous Security Robot at a hotel on the Big Island of Hawaii. This continued partnership highlights Knightscope’s growth in the hospitality sector, following a successful presence at a general managers conference in Orlando, Florida. With over 5,000 properties in the U.S., the company anticipates further expansion opportunities.

Knightscope, Inc. (NASDAQ: KSCP), a leader in advanced security technologies, has secured a new contract for its Autonomous Security Robot (ASR) services. This agreement, with one of the largest U.S. real estate investment trusts, involves deploying the K5 ASR at a prominent mixed-use shopping center in southern Florida. The REIT manages over 500 shopping centers, enhancing the safety and appeal of this significant lifestyle destination.

Knightscope, Inc. (NASDAQ: KSCP) has announced a new agreement to deploy its K5 Autonomous Security Robot at a storage facility in Napa, California. The usage of storage facilities has surged by 65% in the last 15 years, though security concerns remain due to break-ins. This initiative aims to enhance tenant security, encouraging potential renters to seek facilities with advanced security technologies. Knightscope focuses on creating safer environments across the U.S. through innovative robotic solutions.

Knightscope, Inc (NASDAQ: KSCP) has successfully renewed its contract with a California casino for their Autonomous Security Robots (ASR) for a third year. Initially deployed during the pandemic, the K3 ASR proved essential for supplementing guard services. As operations normalized, Knightscope collaborated with the casino to evaluate their security needs and determined that a K1 ASR would better serve their long-term objectives. This renewal highlights Knightscope's commitment to customer service and its versatile product offerings.

Knightscope, Inc. (NASDAQ: KSCP) has launched a challenge to U.S. Mayors to establish public-private partnerships aimed at enhancing public safety. The initiative seeks to unite city officials, local leaders, and businesses to create city-wide safety plans utilizing over 100 Autonomous Security Robots (ASRs). Knightscope proposes to develop a comprehensive security architecture, establish a Knightscope Development Center for job creation, and institute a Public Safety Fusion Center. This challenge aims to make American communities safer and more secure.

Knightscope, Inc. (NASDAQ: KSCP) has launched a new referral program named Scout, designed to generate business by rewarding participants for qualified leads that lead to contract signings. Under this program, individuals can earn $1,000 per deployed autonomous security robot for each successful contract. The initiative comes in response to insights that potential clients were largely unaware of Knightscope's security technology until contacted directly. This strategic move aims to enhance market awareness and drive sales of Knightscope's innovative security solutions.

Knightscope, Inc. (NASDAQ: KSCP) announced the launch of its new K1 Hemisphere Autonomous Security Robot, now available for pre-order. This compact robot offers advanced security capabilities including HD video, license plate recognition, and intercom services at an introductory price of $0.75 per hour. Designed for diverse environments like commercial properties and schools, it aims to enhance security while being affordable. Knightscope plans to begin shipping later this year, targeting improved safety and security operations across the U.S.

Knightscope, Inc. (NASDAQ: KSCP) held its first annual shareholder meeting as a public company in Mountain View, California. CEO William Santana Li provided updates on company growth, new technology initiatives, a pricing strategy, a referral program, and a nationwide mayoral challenge. The company plans to issue four additional press releases to elaborate on these announcements. Knightscope aims to enhance U.S. security operations through its advanced security technology, which includes fully autonomous security robots.

Knightscope, Inc (NASDAQ: KSCP) has announced the renewal of its contract for six Autonomous Security Robots (ASRs) at a southern California casino for the fifth consecutive year. This partnership highlights Knightscope's success in the casino sector, where ASRs enhance security and guest engagement. ASRs not only boost security programs but also engage visitors and promote the casino's brand, positioning it as a cutting-edge destination.