Knightscope, Inc. Stock Price, News & Analysis

Knightscope, Inc. (NASDAQ: KSCP) has secured a contract with a San Francisco Bay Area biotech real estate development for 2 K5 autonomous security robots (ASRs) and 1 K1 ASR. This agreement highlights the importance of security in biotech, where theft of research materials poses significant risks. Knightscope's robots will be deployed to patrol and monitor the facility, aiming to protect valuable intellectual and physical property. The initiative underscores Knightscope's commitment to enhancing public safety in regulated environments.

Knightscope, Inc. (NASDAQ: KSCP) has announced a contract with a 100-year-old recycling center in Missouri for the deployment of its K5 Autonomous Security Robot (ASR). This partnership aims to enhance security against the rising thefts of valuable metals, such as those found in catalytic converters. The initiative addresses broader issues of public safety and economic security. Former police chief Art Acevedo emphasized the importance of tackling these thefts, indicating that they contribute to more serious crimes. The deployment marks a significant expansion in Knightscope's security technology services.

Knightscope, Inc. (NASDAQ: KSCP) announces the acquisition of a major consumer foods manufacturer as a new client, expanding its Fortune 500 customer base. The K5 Autonomous Security Robot has been deployed to patrol parking lots across 30 campuses to enhance security operations. This move aims to safeguard employees and address vulnerabilities such as theft and vandalism. Knightscope focuses on offering advanced physical security technologies, reinforcing its commitment to making the U.S. a safer country.

Knightscope, Inc. (NASDAQ: KSCP) is set to host its Robot Roadshow in Aurora and Chicago, IL, on April 19-21, 2022. This engaging marketing event allows attendees to interact with Knightscope's Autonomous Security Robots (ASRs) and learn about their advanced security technologies. The Roadshow has operated in 12 states, showcasing the innovative solutions designed to enhance public safety. Virtual attendance is available, and appointments are recommended due to high demand.

Knightscope, Inc. (NASDAQ: KSCP) announced its upcoming Robot Roadshow on April 14, 2022, at the Potawatomi Hotel & Casino in Milwaukee, WI. This engaging marketing event allows attendees to interact with Autonomous Security Robots (ASRs) and learn about Knightscope's security technology. To date, the Roadshow has made 36 stops across 11 states, aiming to enhance public safety. Attendance is free but booking is recommended due to high demand.

Knightscope, Inc. (NASDAQ: KSCP) is enhancing its management team to support long-term growth, promoting four key employees exhibiting exceptional leadership. This strategic move is aimed at driving product innovation and increasing sales growth, aligning with Knightscope's ambition to improve U.S. security operations. The new management members include Doris Lam (VP Finance), Jason Gonzalez (SVP Client Development), Ronald Gallegos (VP Client Experience), and Ryan Fanciullo (VP Operations), who possess critical expertise to optimize operational results.

Knightscope, Inc (NASDAQ: KSCP) has successfully deployed a Knightscope K5 Autonomous Security Robot with a Fortune 500 finance company in Charlotte, NC. This deployment aims to enhance the security environment for both customers and employees as the property crime rate in the area is notably higher than the national average. Knightscope’s mission is to make the United States the safest country, and this expansion supports that goal.

Knightscope, Inc. (NASDAQ: KSCP) has entered a $100 million common stock purchase agreement with B. Riley Principal Capital. This facility allows Knightscope to sell up to $100 million of its Class A Common Stock over 24 months, aiding in its mission to enhance U.S. security operations. CEO William Santana Li emphasized that this financing mechanism is one of the least dilutive options available for growth. The announcement coincides with the company's celebration of its 9th anniversary since its founding in Silicon Valley on April 4, 2013.

Knightscope, Inc (NASDAQ: KSCP) announces its spring schedule for the Robot Roadshow, beginning April 12, 2022. The event aims to enhance engagement with potential clients by showcasing the company’s Autonomous Security Robots (ASRs). Previously, the Roadshow visited 35 locations across 10 states. The upcoming tour will cover multiple states, including Minnesota, Wisconsin, Illinois, and Ohio, culminating during National Police Week. Participation is free, and visitors can interact directly with ASRs and learn about the Knightscope Security Operations Center.