In a time when public safety is of utmost importance, artificial intelligence (AI) and big data analytics are becoming essential tools for law enforcement, emergency responders, and authorities to enhance operations and improve community well-being. In fact, these technologies are already being integrated by governments worldwide to protect individuals and top secret national data. Knightscope, Inc. (NASDAQ:KSCP) is deploying AI-enabled autonomous security robots at public venues across the US to keep Americans safe. Other companies using AI to enhance public safety include Clear Secure, Inc. (NYSE:YOU) and Evolv Technology (NASDAQ:EVLV), which are focused on advanced screening solutions for public places, while tech giants like Nvidia Corporation (NASDAQ:NVDA) and Microsoft Corporation (NASDAQ:MSFT) are using AI to protect user data.
Knightscope, Inc. (NASDAQ:KSCP) is an advanced public safety technology company developing and deploying autonomous security robots and blue light emergency communication systems to protect the places people live, work, study and visit. The company’s ultimate goal is to make the United States the safest nation in the world.
Knightscope, Inc. recently achieved significant milestones in deploying and renewing contracts for its Autonomous Security Robots (ASRs) and emergency communication devices. An online retailer deployed four K1 Hemisphere Autonomous Security Robots at its warehouses in Atlanta, Georgia, and Pompano Beach, Florida, to enhance employee safety and deter theft. The Hemispheres are designed for areas where K5 robots are not required and monitor driveways leading into each property. Additionally, two K5 robots were deployed at self-storage locations in California and Nevada to bolster security. The effectiveness of Knightscope‘s K5 robots is underscored by two clients renewing their contracts, reflecting their continued trust in the technology to protect their facilities.
Moreover, a Texas city signed a new contract for three K1 Blue Light Towers, marking a significant sale through Knightscope‘s partner, PMB Capital Investments. These towers, equipped with reliable emergency communication systems, ensure safety and prompt assistance in public spaces. The deployment of the K1 Blue Light Towers aligns with the city’s commitment to enhancing public safety and providing dependable communication options during emergencies.
These new deployments and contract renewals highlight the growing demand for Knightscope‘s advanced security solutions across various sectors, reinforcing the company’s leadership in robotics and AI technologies for public safety. Knightscope‘s continued success in securing new contracts and renewing existing ones demonstrates its robust capabilities in addressing diverse security needs.
For more information about Knightscope, Inc. (NASDAQ:KSCP), click here.
Tech Giants Are Leading the AI Revolution
Nvidia Corporation (NASDAQ:NVDA) and Hewlett Packard Enterprise have unveiled NVIDIA AI Computing by HPE, a collaborative portfolio of AI solutions and integrated offerings aimed at accelerating generative AI adoption in enterprises. One standout is HPE Private Cloud AI, pioneering deep integration of NVIDIA AI computing with HPE’s storage, compute, and GreenLake cloud services. This solution offers scalable, energy-efficient, and agile pathways for developing and deploying generative AI applications sustainably. Enhanced by OpsRamp AI copilot for IT operations, HPE Private Cloud AI provides a self-service cloud experience with comprehensive lifecycle management, available in four configurations to support diverse AI workloads.
Evolv Technology (NASDAQ: EVLV) recently announced a partnership with T-Mobile Arena and MGM Grand Garden Arena in Las Vegas. Known for hosting premier sports and entertainment events, these venues now feature five Evolv Express® systems each, installed in January. Evolv Express utilizes advanced sensor technology and AI to differentiate between potential threats and common objects, allowing for quick and unobtrusive entry without the need for pocket-emptying or bag checks. This technology, already successful at other major venues like TD Garden, enhances visitor experience and security. Evolv’s systems also protect theme parks, casinos, schools, hospitals, and places of worship, having screened over one billion visitors to date.
Microsoft Corporation’s (NASDAQ:MSFT) AI initiatives, centered on empowering businesses with Copilot capabilities across its cloud platform, aim to drive innovation and productivity. By partnering with ISVs and digital natives, Microsoft facilitates AI solutions that enhance collaboration and efficiency across industries. Security remains paramount, ensuring customer and partner data protection. Recent partnerships with Coca-Cola, Cognizant, and G42 highlight Microsoft’s global efforts to advance responsible AI adoption and digital transformation, reinforcing its commitment to shaping the future of AI-driven enterprise solutions.
Clear Secure, Inc. (NYSE:YOU) and Wellstar Health System are collaborating to streamline patient check-ins using CLEAR Verified technology. This initiative aims to enhance efficiency and security in healthcare settings, starting with Georgia’s largest healthcare system. Patients can verify their identity in advance and check in seamlessly using CLEAR’s proven technology, integrated into Wellstar’s operations via Epic. This partnership reflects CLEAR’s commitment to transforming healthcare experiences with secure, user-friendly solutions, marking a significant step towards modernizing patient services.
On June 20, Knightscope, Inc. announced a new contract with the New York City Fire Department (FDNY). The FDNY will subscribe to the Knightscope Emergency Management System (KEMS) software to monitor 518 Call Boxes across Queens, Manhattan, the Bronx, and Brooklyn.
For more information about Knightscope, Inc. (NASDAQ:KSCP), click here.
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6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management’s expectations regarding Knightscope, Inc.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Knightscope, Inc.’s industry; (b) market opportunity; (c) Knightscope, Inc.’s business plans and strategies; (d) services that Knightscope, Inc. intends to offer; (e) Knightscope, Inc.’s milestone projections and targets; (f) Knightscope, Inc.’s expectations regarding receipt of approval for regulatory applications; (g) Knightscope, Inc.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Knightscope, Inc.’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Knightscope, Inc.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Knightscope, Inc.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) the accuracy of budgeted costs and expenditures; (e) Knightscope, Inc.’s ability to attract and retain skilled personnel; (f) political and regulatory stability; (g) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (h) changes in applicable legislation; (i) stability in financial and capital markets; and (j) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Knightscope, Inc. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Knightscope, Inc.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact Knightscope, Inc.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Knightscope, Inc.’s business operations (e) Knightscope, Inc. may be unable to implement its growth strategy; and (f) increased competition.
Except as required by law, Knightscope, Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Knightscope, Inc. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither Knightscope, Inc. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document.
7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Knightscope, Inc. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Knightscope, Inc. or such entities and are not necessarily indicative of future performance of Knightscope, Inc. or such entities.
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