InvestorWire NewsRoom

Article

Autonomous Security Robots Provide Safety, Stability During a Time of Economic Transition
January 25, 2021

Autonomous Security Robots Provide Safety, Stability During a Time of Economic Transition

  • Autonomous Security Robot (“ASR”) maker Knightscope offers a Machine-as-a-Service (“MaaS”) subscription that monitors, records and relays information according to business client needs
  • Knightscope’s AI-enhanced robots patrol sites for Fortune 1000 companies, hospitals and police department clients, providing a sense of safety particularly in crime-prone areas
  • The robots’ security features include 360-degree eye-level HD streaming video, obstacle recognition, face and license plate recognition, and thermal anomaly detection
  • The Knightscope Security Operations Center (“KSOC”) allows operators to monitor real-time data produced by the robot patrols and to communicate with people through the robots’ Intercom and Broadcast system if necessary
  • Market analysts foresee the ASR market growing with a CAGR of 7.93 percent between 2021 and 2026

Cautious optimism is driving economic forecasts for 2021 in the United States as market managers anticipate improving economic data and bullish investor sentiment but also the risks of a bumpy transition year if new COVID-19 pandemic containment policies stifle growth or pandemic-driven economic safety nets are terminated before the general public is ready to progress without them (https://ibn.fm/sQX21).

Patient business leaders will continue to plan for their companies’ safety needs while hoping for the best possible outcomes of vaccine rollout efforts, a new national political administration and evidence that societal upheaval is prompting a recommitment to day-to-day stability measures.

Autonomous robot manufacturer Knightscope is working to play a key role in making the United States a more secure place. Knightscope’s product platform involves a lineup of AI-driven patrols that can help companies manage transitions in workforce levels and reduce crime in areas affected by destabilization.

The company’s products include robot sentries for a variety of business conditions. One robot monitors from a stationary platform while two other models rove the premises, designed for indoor or outdoor conditions as needed.

The robots are designed to recognize obstacles in their path as they move about, but also potential obstacles to a safe environment for employees. They can provide alerts to business visitors about COVID policies, optional temperature scanning for fevers, landscape and perimeter inspection, and recordings of faces and license plates filmed with 360-degree live video.

Clients have reported effective problem deterrence when using Knightscope’s Autonomous Security Robots (“ASRs”). A recent blog entry provided a few examples: One hospital network reported it was experiencing an average of two crimes per week. When a mobile ASR was deployed, the crime rate dropped to zero for the following 12 months. When a California police department introduced an ASR to a crime-prone public park, officers saw a 46 percent reduction in crimes and a 68 percent drop in citations. And when a San Francisco business deployed a robot in its parking structure, crimes dropped from an average of 20 per month to one over the course of 12 months (https://ibn.fm/p7Csy).

The robots are delivered on a Machine-as-a-Service (“MaaS”) business model that features subscriptions with annual contracts. The robots operate 24 / 7 every day with an effective price of $4 to $11 per hour (https://ibn.fm/4qR9h). They are capable of recharging themselves at strategically located stations when their battery level begins to drop, and their Knightscope Security Operations Center (“KSOC”) allows operators to gain access to information in real-time circumstances.

The global autonomous mobile robots market size is expected to reach $145.5 billion by 2026, rising at a market growth of 24.6 percent CAGR during that period, according to a recent report by ResearchAndMarkets.com (https://ibn.fm/u8qY3).

Mordor Intelligence analysts anticipate that between 2020 and 2026, revenues for the global ASR market segment will rise from $2.44 billion to $3.91 billion, with a CAGR between 2021 and 2026 of 7.93 percent (https://ibn.fm/obKX1).

For more information, visit the company’s website at www.Knightscope.com.

Visit www.Knightscope.com/invest for a summary of Knightscope as an investment, with a blue Instant Messaging button for direct contact with their CEO.

DISCLAIMER: You should read the Offering Circular and risks related to this offering before investing. This Reg A+ offering is made available through StartEngine Primary, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.

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

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.

With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.

Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.

For more information, please visit https://www.investorwire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.investorwire.com
[email protected]

InvestorWire is part of the InvestorBrandNetwork.

Get Started with InvestorWire

To distribute a release in the next 24 hours. Contact our client services team.

(862) 930-1404

Distribute a press release. Submit your release to get started.

Submit Press Release

Set up a Live demonstration. Schedule a date and time that works for you.

Schedule a LIVE Demo

Press Distribution

Explore Press Distribution Solutions

All releases include an unlimited word count* with full wire-grade syndication, our press release enhancement service, and a follow-up InvestorNewsBreak article distributed to thousands of editorial syndication partners.

Discover Add-on Solutions

Increase the impact of your achievements by adding these exclusive solutions from InvestorWire, delivered in conjunction with the InvestorBrandNetwork (IBN).