Tuesday, May 25, 2021

Knightscope, Inc. Security Robots Take High-tech Approach to Old-fashioned Policing Efforts

 

  • Knightscope autonomous security robots (“ASRs”) are designed to use the latest advances in technology to help provide a sense of security for the company’s business clients nationwide
  • The ASR robots’ capabilities range from recording with 360-degree high-definition night and day video capture to thermal imaging that is capable of triggering alerts to operators when a troubling anomaly is detected
  • Knightscope has the backing of more than 28,000 investors and 4 major corporations raising over $90 million to build its groundbreaking technology from scratch
  • The company is anticipating a public IPO at an undefined time in the future

The security upgrades at a Netherlands soccer stadium, recently completed, highlight the importance of having the best available technology as a partner in preventing or responding to crime within a business facility’s confines. 

“The images from the old cameras could no longer be used as legal evidence,” Goffert Stadium Manager Theo van Benthum told Security magazine (https://nnw.fm/OCKR3). “In matches with an increased risk of disturbances, the police come to us to watch and if they think that the camera footage cannot be used, this could have consequences for us. For example, we have to allow fewer visitors or certain competitions may no longer take place.”

The autonomous security robot (“ASR”) developers at Knightscope are continually working to ensure their models employ a reputable standard of technological tools as part of their efforts to stave off and eliminate crime across the United States. 

The over-5-foot-tall K5 outdoor robot, for example, has advanced anomaly detection features that include 360-degree high-definition night and day video capture positioned at eye-level, live streaming and recorded high-definition video transmission, automatic license plate recognition, “parking meter”-type analysis of how long vehicles remain in a parking lot, time-stamped people detection with an accompanying alert system, thermal imaging with accompanying alerts, two-way communications and digital signal detection for sensitive areas such as a data center susceptible to rogue access.

The company is in the process of developing the fifth generation of the K5, which is planned for initial release during 2022. Knightscope has recently announced a few new or renewed contracts with technology service providers involved in the K5’s latest upgrade, such as high-performance power module developer Vicor (https://nnw.fm/5Kbr7).

The private company’s ongoing fundraising efforts, including its recently completed Regulation A+ offering, have situated the company with the backing of over 28,000 investors and more than $90 million raised since its inception in 2013 and is actively working on a possible public listing. 

In the meantime, the American public continues to become more acquainted with Knightscope’s robots as they patrol client locations. The company’s blog notes that a Reno, Nev., casino has deployed one of Knightscope’s robot ASRs after learning of their use in California casinos (https://nnw.fm/vkcNL), and a news agency recently reported on the deployment of a Knightscope ASR at a Tucson community college campus (https://nnw.fm/ZulL9).

“I’ve seen students and faculty following behind the robot videotaping it. I’ve seen people taking selfies with it,” Pima Community College Police Chief Harold “Buddy” Janes told the news agency. “It’s rather obvious that it’s associated with the police so it is a deterrent in the downtown area here. We have lots of foot traffic coming across our property so we want to make everybody feel safe and feel that environment. At all times.”

Janes told the outlet that leasing the Knightscope ASR costs the department less than deploying a human officer and simply fulfills basic requirements for recording data and showing a police presence in the area. 

For more information, visit the company’s website at www.Knightscope.com and if you have a need for subscription service you may request a private demonstration of the technology at www.Knightscope.com/demo.

NOTE TO INVESTORS: The latest news and updates relating to Knightscope are available in the company’s newsroom at https://nnw.fm/Knight

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