- Municipal governments as well as private business operations are looking for suitable solutions for preventing crime in order to stem the rising tide of violence in the nation
- Autonomous Security Robot (“ASR”) developer Knightscope is deploying a variety of public-friendly ASR models designed to discourage crime and provide evidence resulting from any criminal activity
- Knightscope’s ASR models can draw on technology with artificial intelligence capabilities designed to recognize facial features and license plate identifiers, among other things
- The ASR models operate 24/7, 365 days a year according to client needs, and the models have logged more than a million hours since 2015
- The technology is also now available for single, double and triple shifts to help clients improve security programs
- One of Knightscope’s most recent clients is a Missouri recycling plant concerned about thieves bent on taking automotive scrap metals to resell them
Nationwide concerns about incidents of mass violence have led to increasing efforts to prevent crime through social outreach programs, citizen patrols, technological vigilance and better lighting at night, among other measures.
Minneapolis Mayor Jacob Frey’s recently announced strategy for using federal funds from last year’s Congressional COVID-19 relief stimulus act is an example of how communities are working to combat crime by minimizing the likelihood of it happening in the first place (https://ibn.fm/ZJn1b). Minneapolis has been a flashpoint for law enforcement reform since the murder of a black man by the city’s police two years ago, and a recent investigation of the department found a pattern of racial discrimination by officers stretching back at least a decade (https://ibn.fm/P3X0s).
Coincidentally, nearly a decade has passed since autonomous security robot (“ASR”) developer Knightscope (NASDAQ: KSCP) began working on non-threatening solutions to help deter criminal incidents and provide evidence stemming from those that do occur to help bring about their resolution.
The outcome of those efforts was Knightscope’s ASR models, which provide a variety of client-responsive capabilities in an appealing package designed to interact well with the public.
The ASRs come in one stationary and two mobile models (one indoor and one outdoor) that are able to operate 24 hours a day seven days a week under Knightscope’s Machine-as-a-Service (“MaaS”) business platform that draws on artificial intelligence capabilities, computer vision, digital technology and hands-on security management interaction with the models (https://ibn.fm/oXC7c).
The company’s annual subscription service for the ASRs, and their browser-based command center interface used by the client’s security managers, amounts to about $3 to $9 per hour, providing a competitive alternative to continuous security patrols by human personnel and a lesser risk of harm to personnel.
Under the terms of the subscription, Knightscope assesses client needs and the terrain the ASRs will cover, delivers the appropriate technological solution, provides 24/7 support for any maintenance or service required, and upgrades the models whenever the company introduces software or hardware improvements.
The Knightscope ASR sentries have logged well over a million hours of service since 2015 as new clients have opted to include the security robots in their operation plans. One of the most recent companies to adopt Knightscope’s solution is a fourth-generation recycling center in Missouri.
The recycler intends to use Knightscope’s roving outdoor ASR model to protect the metals it deals with, such as catalytic converters and other auto parts that are highly sought by metal thieves, according to a news report (https://ibn.fm/hUd2d).
“It’s expensive. This is a national security issue. It’s a public safety issue. It’s an economic issue,” former Houston and Austin (Texas) Police Chief Art Acevedo told the report.
For more information about Knightscope (NASDAQ: KSCP), 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 KSCP are available in the company’s newsroom at https://ibn.fm/KSCP
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