On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

Knightscope, Inc.’s (NASDAQ: KSCP) Autonomous Security Robots Facilitating Situational Crime Prevention

  • The various opportunity-reducing methods of situational crime prevention look to increase the perceived risks of committing a crime, enhance the effort required to commit crimes, reduce rewards, and eliminate excuses for crime
  • Knightscope’s autonomous security robots (“ASRs”), which are equipped with capabilities such as video recording and streaming capabilities, thermal anomaly detection, facial recognition, and more, help to increase the perceived risks associated with criminal activities, resulting in deterrence
  • Following the deployment of ASRs, Knightscope’s clients have reported considerable reductions in the number of crimes reported
  • Knightscope recently added another client – a New York shopping center – and visited additional towns as part of its Robots Roadshow, with recent touchdowns in Columbus and Akron, Ohio

In a 1998 paper, Marcus Felson and Ronald V. Clarke, then Professors at the Rutgers University School of Criminal Justice in New Jersey, presented the ten principles of crime opportunity theory (https://ibn.fm/uUFqw), one of which guides the operations of Knightscope (NASDAQ: KSCP), an advanced security technology company that builds fully autonomous security robots (“ASR”).

The eighth principle states that crime can be prevented by reducing opportunities. And basing their discussion of this principle on situational crime prevention, the academics noted that the opportunity-reducing methods of situational crime prevention, such as using surveillance technologies, controlling access to targeted assets, and more, “aim, (i) to increase the perceived effort of crime, (ii) to increase the perceived risks, (iii) to reduce the anticipated rewards, and (iv) to remove excuses for crime.” 

Knightscope packages capabilities such as eye-level 360-degree HD video streaming and recording, thermal anomaly detection, license plate recognition, people detection, facial recognition, two-way intercom, the ability to operate round the clock and access ramps (mobile robots), and more into the different models of its ASRs, creating reliable security robots that increase the perceived risks of crime by providing 24/7/365 eye-level mobile surveillance. 

This surveillance, Knightscope’s website notes, “provides unprecedented deterrence capabilities, increased awareness with a conspicuous physical presence, and high-quality evidence to prosecute criminals.” And through the Knightscope Security Operations Center (“KSOC”) browser-based user interface, security personnel can interact with the robots as well as receive live alerts and access real-time data, which better informs them on how to secure people, infrastructure, and assets within a given location.

Since the initial rollout of the company’s mobile outdoor K5 ASR, the mobile indoor K3 ASR, and the stationary indoor K1 ASR in 2015, 2016, and 2017, respectively, Knightscope has emerged as a leader in developing autonomous security capabilities that offer deterrence, detection, and even report incidences of crime. The results have been reductions in crime, with Knightscope’s clients documenting wins such as a 46% drop in crime reports in the City of Huntington Park, Los Angeles County, a reduction in the number of 911 calls originating from a Las Vegas Apartment Complex, and an augmented sense of security within installations and car parks, just to mention a few (https://ibn.fm/pnHiA). And more and more potential clients are taking note of these outcomes. 

Recently, Knightscope reported it had signed a new contract with the owner of a shopping center located in Yonkers, New York. Under the terms of the agreement, Knightscope will deploy its K5 ASR to protect the center’s parking lots and structures, helping deter common challenges such as catalytic converter theft, criminal mischief, and trespassing, while simultaneously guaranteeing the safety of employees (https://ibn.fm/OxJKc).

The latest contract follows on the heels of numerous other deployments reported last month. On April 28, for example, the company received a subscription-based order to deploy 2 K5 ASR and 1 K1 ASR with a San Francisco Bay Area biotech real estate development (https://ibn.fm/Yw1ax). This announcement came a few days after Knightscope separately celebrated deployments with two new clients that have each operated for a century or more; the first, a centuries-old consumer food manufacturer and Fortune 500 company (https://ibn.fm/gEni0). The second is a 100-year-old, 4th generation recycling center (https://ibn.fm/PMGiC).

Still, Knightscope is looking to further advance its market expansion by boosting the market’s awareness of its offerings through its Robot Roadshow. An engaging experiential event aimed at grabbing attention, building direct connections with potential clients, and sparking conversations, the Robot Roadshow has so far made 38 landings in 14 states and Washington D.C., with its most recent touchdowns being in Columbus, Ohio, on May 4 (https://ibn.fm/fIc1U), and Akron, Ohio on May 5 (https://ibn.fm/0gt5E).

For more information, visit the company’s website at www.Knightscope.com, and if you have a need for the subscription-based physical security 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

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
Scottsdale, Arizona
www.qualitystocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

Archives

Select A Month
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • September 2009
  • August 2009
  • July 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • February 2009
  • January 2009
  • December 2008
  • November 2008
  • October 2008
  • September 2008
  • August 2008
  • July 2008
  • June 2008
  • May 2008
  • April 2008
  • March 2008
  • February 2008
  • January 2008
  • December 2007
  • November 2007
  • October 2007
  • September 2007
  • August 2007
  • July 2007
  • June 2007
  • May 2007
  • April 2007
  • March 2007
  • February 2007
  • January 2007
  • December 2006
  • November 2006
  • October 2006
  • September 2006
  • August 2006
  • July 2006
  • June 2006
  • May 2006
  • April 2006
  • March 2006
  • January 2006
  • December 2005
  • October 2005
  • September 2005
  • Market Basics

    New to the micro-cap markets?Get answers to your questions about investing in Small-Cap / Micro-Cap Stocks and learn how to protect yourself.

    The Basics

    Newsletter Publishers

    Have an up and coming newsletter and want to be included in our coverage list? Looking to get more coverage and grow subscriptions? Register for coverage.

    Register

    Public Companies

    Are you a Small-Cap / Micro-Cap company looking for coverage? We'd love to hear from you. Fill out our quick contact form or send us a text.

    Get Covered