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. has achieved the “In-Process” stage for the Federal Risk and Authorization Management Program (FedRAMP), a significant milestone for security technology providers. This certification allows Knightscope to engage in discussions with federal agencies to provide cloud-based security services. Over 17 months, their cybersecurity team developed a secure environment which was rigorously tested, leading to their listing as a service provider for a Government Law Enforcement Agency. Only 83 companies have reached this stage, highlighting the competitive nature of receiving an Authority to Operate.
Knightscope, Inc. (NASDAQ: KSCP) has deployed its K1 Autonomous Security Robot at the facilities of an emerging eCommerce client to enhance security at employee entrances on a 20-acre property. With cargo theft causing estimated annual losses of $35 billion in the U.S., this strategic move is aimed at preventing criminal activity in distribution and manufacturing centers.
Knightscope continues to advance its mission of improving safety in U.S. security operations with innovative technology.
Knightscope, Inc. (NASDAQ: KSCP) has announced its upcoming Robot Roadshow event in The Bronx, NY, scheduled for June 2, 2022, from 10:00 AM to 2:00 PM ET. This engaging event aims to foster connections with potential clients through interactive experiences with their Autonomous Security Robots (ASRs). The Robot Roadshow has made 44 landings across 15 states and Washington, D.C., showcasing Knightscope’s innovative security technologies. Attendance is free, but appointments are recommended as slots fill up quickly.
Knightscope, Inc (NASDAQ: KSCP) has announced a new contract in Houston, TX, with a notable multifamily investment firm managing over 180 apartment communities housing more than 60,000 homes across the U.S. The firm seeks to enhance security measures by deploying a K5 Autonomous Security Robot (ASR) to patrol its parking structure, addressing local issues like break-ins and thefts. This expansion signifies Knightscope's ongoing commitment to providing advanced security solutions and increasing its market penetration in residential sectors.
Knightscope, Inc. (Nasdaq: KSCP) has announced the deployment of its K5 Autonomous Security Robot in a northern California park, aimed at enhancing community safety. This initiative is backed by a parks and recreation organization serving a densely populated area. Notably, the chief of police participated in a recent webinar discussing the successful use of ASRs in public spaces, which influenced the organization's decision to engage Knightscope.
Knightscope, Inc. has announced the deployment of its Autonomous Security Robot (ASR) in the San Francisco Bay Area, partnering with a Fortune 500 clothing retailer. This move aims to enhance security amid rising theft rates, which cost local businesses approximately $3.6 billion annually. The K5 ASR will patrol the retailer’s headquarters, aiding in the detection of crime and facilitating law enforcement. This deployment could signify potential for broader market expansion as businesses increasingly seek advanced security solutions.
Knightscope, Inc (NASDAQ: KSCP), a leader in autonomous security technology, has secured an additional contract with a Fortune 500 client. This client, a longstanding consumer food manufacturer, added a second K5 Autonomous Security Robot to its existing agreement, now patrolling two sites across nearly 30 campuses nationwide. The deployment aims to enhance the client's security operations while evaluating the feasibility of a broader rollout in the future.
Knightscope, Inc. (NASDAQ: KSCP) has launched its first K5 Autonomous Security Robot in Nashville, Tennessee, enhancing safety for a 10-story parking structure. The robot provides 24/7 monitoring at a cost of approximately
Knightscope, Inc. (NASDAQ: KSCP) has announced its Annual Meeting of Stockholders to take place on June 23, 2022, at 9:00 a.m., Pacific Time, entirely online due to COVID-19. Chairman and CEO, William Santana Li, will provide updates and a special announcement. Stockholders are encouraged to participate and vote, even if they cannot attend. Proxy materials, including the Proxy Statement and annual report, are available online, highlighting the importance of stockholder involvement in company affairs.
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