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. [Nasdaq: KSCP] has secured two new contracts for its Emergency Communication Devices (ECDs). A private Episcopal school in southern California is expanding its system with an additional K1 Blue Light Tower and a Full Service Maintenance Plan. Additionally, City Wide Solutions, a Knightscope Authorized Partner, is upgrading existing Blue Light Towers on healthcare clinic campuses in Ohio with Knightscope's K1 Retrofit Kits.
Knightscope's ECDs offer advantages over cell phones, including reliability in areas with poor signal and ease of location identification for emergency responders. The company's Retrofit Kits modernize outdated systems with features like wireless solar power and self-monitoring software. The Knightscope Emergency Management System (KEMS) provides automated daily reports on system status, enhancing efficiency and reliability.
Knightscope, Inc. [Nasdaq: KSCP], a robotics and AI company focused on public safety, announces a purchase order for 23 K1 Blue Light Emergency Phones from its Authorized Partner, Transportation Solutions & Lighting, Inc. The devices will be installed at a leading Florida cancer center. Knightscope's E-Phones are designed to be hardwired or wireless, making them suitable for hospital settings and compliant with ADA Standards. The K1 Blue Light E-Phone provides clear voice-to-voice communication using cellular or satellite networks, enhancing public safety and emergency assistance access. This order demonstrates Knightscope's expansion in the healthcare sector, offering safety solutions for patients and healthcare professionals.
Knightscope, Inc. [Nasdaq: KSCP] announces that a private university in New Hampshire is expanding its emergency communication device conversion with 28 K1 Retrofit Kits. This completes the expansion project that began in summer 2023, upgrading over 40 legacy hardwired systems to Knightscope's wireless devices. The K1 Retrofit Kits upgrade outdated blue-light-style phones and call boxes with features like wireless solar power, wireless phone connectivity, and self-monitoring software. The Knightscope Emergency Management System (KEMS) provides automated daily email reports on system status, eliminating the need for manual testing. Optional add-ons include text messaging and real-time graphical mapping.
Knightscope, Inc. [Nasdaq: KSCP] announces two new contracts for its emergency communication systems. A Colorado ski resort purchased a K1 Call Box with a Full-Service Maintenance Plan (FSMP) and Knightscope Emergency Management System (KEMS) software. A southern California municipality expanded their agreement, adding Installation and FSMP for 10 K1 Blue Light Emergency Phones.
KEMS provides immediate text/email notifications for help button presses and automated daily email reports on system status. The FSMP ensures high reliability for these critical communication points. Knightscope's Q2 2024 Town Hall is scheduled for August 15, 2024, featuring a pre-recorded update on Q2 performance followed by a live Q&A session.
Knightscope, Inc. [Nasdaq: KSCP] announces that the Huntington Park Police Department has renewed its contract for the K5 Autonomous Security Robot (ASR) for the 6th consecutive year. The K5 ASR has been patrolling Salt Lake Park, contributing to public safety efforts. Chief of Police Cosme Lozano praised the integration of the K5 into city resources, citing its benefits in monitoring public spaces and enhancing public safety.
During its first year of deployment, Knightscope's technologies helped reduce calls for service by 10% and crime reports by 46% at Salt Lake Park. The city manager previously credited the K5 ASR for positively impacting crime and nuisance activity in the area. Knightscope CEO William Santana Li expressed pride in continuing to serve law enforcement with their public safety technologies.
Knightscope, Inc. (Nasdaq: KSCP) announces two expansion contracts for its Emergency Communication Devices (ECDs). A Houston area school district with 48 K1 Blue Light Towers and a central California transportation commission with 224 K1 Call Boxes have both added Full-Service Maintenance Plans (FSMP) to their existing agreements. The FSMP provides comprehensive support, parts, and service for all ECDs, ensuring high reliability and uptime.
Additionally, Knightscope's Robot Roadshow is scheduled to visit Cambridge, MD on August 8, 2024. Hosted by X9 Intelligence, a Knightscope Authorized Partner, the event will showcase the company's self-driving, electric technologies, including Autonomous Security Robots and blue light emergency phones. The free event aims to demonstrate Knightscope's public safety solutions to potential clients and the general public.
Knightscope, Inc. [Nasdaq: KSCP], a robotics and AI company focused on public safety, announces that the University of Texas (UT) has purchased two additional K1 Blue Light Towers for its Tyler campus. These towers provide reliable, one-touch access to emergency services such as police, fire, and EMS, enhancing campus safety for students, faculty, and visitors.
The K1 Blue Light Towers offer advantages over cell phones in emergencies, including functionality during power outages, network congestion, and precise geolocation capabilities. This expansion demonstrates UT's commitment to leveraging technology for improved campus security and emergency response.
Knightscope, Inc. [Nasdaq: KSCP], a robotics and AI company focused on public safety, has announced its Second Quarter 2024 Town Hall Update scheduled for August 15, 2024, at 11am PT / 2pm ET. The event will follow the filing of the company's Q2 2024 10-Q report with the SEC. CEO William Santana Li and CFO Apoorv S Dwivedi will deliver a pre-recorded video update on Q2 2024 performance, followed by a live Q&A session with supporters, investors, and analysts. Interested parties must RSVP to attend the online forum. The pre-recorded presentation will be available at www.knightscope.com/rise after the event.
Knightscope (Nasdaq: KSCP) has successfully upgraded a K5 Autonomous Security Robot (ASR) to its fifth generation at a San Diego multifamily residential community. This upgrade, deployed by Knightscope Authorized Partner JDS Security, marks progress towards the company's 'Road to Profitability' goal.
The client, a top-ranked multifamily housing owner and developer by the National Multifamily Housing Council, has expanded its contract by adding a K1 Hemisphere ASR. With over 37 years in the sector, the client manages 41,000 units across 30 markets, representing significant expansion potential for Knightscope.
The K1 Hemisphere deployment coincides with the K5 upgrade, enhancing safety measures for the community. Knightscope continues to focus on public safety through robotics and AI technologies, offering services including Risk & Threat Exposure Analysis, Blue Light Emergency Communication Systems, and Automated Gunshot Detection.
Knightscope, Inc. [Nasdaq: KSCP], a robotics and AI company focused on public safety, announces the 6th consecutive year contract renewal with a California marketplace client. The client, operating flea markets and swap meets, continues to use one K5 Autonomous Security Robot (ASR) and two K1 Hemispheres to protect their San Francisco Bay Area property.
Initially deploying a K5 in 2019 to address vehicle break-ins, the client later added K1 Hemispheres to enhance their security program. Quarterly reviews show the elimination of night-time vehicle break-ins and a significant drop in reported thefts, leading to high client satisfaction. This renewal supports Knightscope's mission to make the United States the safest country globally and strengthens the company's long-term value proposition.