Pick of The Week
 

Knightscope, Inc.
(NASDAQ: KSCP)

Knightscope, Inc. (NASDAQ: KSCP), founded in 2013 and based in Mountain View, California, is a leader in the development of autonomous security capabilities targeting to disrupt the $500 billion security industry. Knightscope’s technology uniquely combines self-driving technology, robotics, artificial intelligence and electric vehicles.

Knightscope designs and builds Autonomous Security Robots (ASRs) that provide 24/7/365 security to the places you live, work, visit and study. The company’s client list covers public institutions and commercial business operations, including multiple Fortune 1000 companies to date. These ASRs have been proven to enhance safety at hospitals, logistics facilities, manufacturing plants, schools and corporations. ASRs act as highly cost-effective complementary systems to traditional security and law enforcement officials, providing an additional advantage by continuing to offer uninterrupted patrolling capabilities across the country.

The company’s ASRs have assisted in the arrest of suspects involved in crimes ranging from armed robbery to hit-and-runs. Their machine-embedded thermal scanning capability even aided in preventing the breakout of a major fire.

The company has achieved several milestones since its creation in 2013, including:

• Operating for more than 1 million hours in the field and securing contracts across multiple time zones, winters and summers holding contracts from Hawaii, through Texas, to Rhode Island.
• Generated numerous crime-fighting wins validating the technology and the market opportunity (see www.knightscope.com/crime).
• Raising over $100 million since inception to build its technology from scratch and successfully listed on NASDAQ under ticker symbol ‘KSCP’ during January 2022.

RECENT COVERAGE
 

InvestorNewsBreaks - Knightscope Inc. (NASDAQ: KSCP) CEO Shares Vision, MaaS Business Model on Stock Day Podcast

February 22, 2022 9:45 AM

Knightscope (NASDAQ: KSCP), a developer of advanced physical security technologies focused on enhancing U.S. security operations, was featured on a recent episode of The Stock Day Podcast. The company’s CEO William Santana Li joined Stock Day host Everett Jolly to discuss the company’s vision and innovative business model.

“Our long-term mission is to see if we can make the United States the safest country in the world. We build, develop and deploy fully autonomous security robots. We’ve been operating 24/7 across the country with contracts from Hawaii to Texas to Rhode Island helping to secure the places you visit, study and work,” Li said in the interview.

“We have a Machine-as-a-Service business model. We deploy these robots with an all-inclusive approach. So, all of the building of the machines, the electrical, telecom, software, and maintenance is a subscription service. We have a recurring revenue business model for a recurring societal problem.”