Knightscope, Inc. Stock Price, News & Analysis

Knightscope, Inc. (NASDAQ: KSCP) has deployed a K5 Autonomous Security Robot at a large S&P 500 company's distribution center in San Bernardino County, CA. The robot will patrol a 970,000 square foot area to enhance security measures, deter crime, and support the safety of over 53,000 employees. This strategic partnership aims to reduce costs and improve the overall security posture of the facility.

Knightscope focuses on creating advanced security technologies, with the long-term goal of making the U.S. the safest country globally.

Knightscope, Inc. (NASDAQ: KSCP) has welcomed Dr. Paul C. D'Angio as the new Director of Robotics Engineering. Dr. D'Angio brings significant experience from Booz Allen Hamilton, where he led a robotics R&D group. The company is currently halfway through a cyber security review process with the U.S. Federal Government, aiming for an Authority-to-Operate (ATO). Knightscope announced its Robot Roadshow will occur in Dallas, Texas, on March 16 and 17, 2022, to engage potential clients and showcase its autonomous security robots.

Knightscope, Inc (NASDAQ: KSCP) has secured a contract with a Denver-based commercial real estate developer for a new urban center project. This development includes 38 high-rise towers spanning over 10 million square feet, with amenities covering residential, retail, office, hotel, and entertainment sectors. The project aims to accommodate 7,500 permanent residents and will feature advanced security solutions, including Knightscope’s K5 Autonomous Security Robot. The entire center will be solar-powered and focus on sustainability with innovative landscaping and a bio-tech water system.

Knightscope, Inc (Nasdaq: KSCP) has announced the deployment of a K5 Autonomous Security Robot at a Texas-based manufacturer of lubricants. The facility, dissatisfied with traditional security guards, aims to enhance its security through this innovative solution. The K5 ASR is expected to offer a reliable presence, boosting security confidence at the Houston location. Knightscope continues to focus on advancing physical security technologies as part of its mission to enhance safety across the United States.

Knightscope, Inc (NASDAQ: KSCP) announced that a Knightscope K5 Autonomous Security Robot is now patrolling the Sunset Strip in Los Angeles, serving one of the largest healthcare organizations in the U.S. This client operates nearly 40 hospitals and over 700 medical facilities, employing more than 200,000 individuals. Knightscope aims to enhance safety by collaborating with the hospital's security team and the LAPD.

Knightscope (NASDAQ: KSCP) announced a new contract for two K5 Autonomous Security Robots (ASRs) in Denver. The client, a large real estate operator with nearly 1,000 employees and $29 billion in assets, plans to deploy the robots in premier mixed-use neighborhoods, enhancing public safety by deterring crime. The robots will be strategically placed in two multi-level parking structures near Coors Field to begin operations around April 2022, coinciding with the baseball season.

Knightscope, Inc. (NASDAQ: KSCP) has announced a strategic partnership with Allied Universal, a leading security services company with approximately $20 billion in revenues. The collaboration will provide Autonomous Security Robots (ASRs) to U.S. customers aimed at reducing crime and enhancing security operations. Allied Universal’s Technology Services will deploy various Knightscope robots, supported by comprehensive service and maintenance. This partnership is expected to drive long-term growth and enhance public safety for clients.

Knightscope, a leader in security technology, has appointed Suzanne Muchin to its board of directors. Muchin is noted for her extensive entrepreneurial experience and commitment to enhancing corporate governance diversity, with the board now comprised of 86% women and 43% minorities. CEO William Santana Li expressed enthusiasm for her addition, emphasizing a shared mission to improve safety in the U.S. The company aims to leverage Muchin's expertise in shaping its strategic direction.

Knightscope (NASDAQ: KSCP) is expanding its market reach by deploying a K5 Autonomous Security Robot at a non-profit organization in Atlanta. This initiative aims to bolster security for a facility serving the rapidly growing aging population in the U.S. The robot will help deter criminal activities and provide a cost-effective security solution, allowing the organization to focus on its core mission of improving the well-being of elderly individuals. This partnership highlights Knightscope's commitment to enhancing safety in communities.