Latest news with #Knightscope
Yahoo
6 days ago
- Business
- Yahoo
Knightscope Joins Palantir's FedStart Program To Expand Federal AI Security Solutions
Knightscope Inc. (NASDAQ:KSCP) has signed a two-year agreement with Palantir Technologies Inc. (NASDAQ:PLTR) to join Palantir's FedStart program. The agreement aims to expand Knightscope's presence in the U.S. federal market, particularly in national security and public safety. The partnership provides Knightscope access to essential accreditations, including FedRAMP High and DoD Impact Level 5, enabling secure operations in federal environments. Knightscope will also receive support for Authority to Operate (ATO) status and integration into Palantir-managed AWS GovCloud clusters, ensuring compliance with federal standards.'This agreement represents a transformational step forward in our federal strategy,' said William Santana Li, CEO of Knightscope. He emphasized that the collaboration aligns with ongoing efforts in Washington to establish a National Robotics Strategy, aiming to position the U.S. as a leader in autonomous systems. The partnership also aligns with Palantir's broader mission to deploy AI to enhance public institutions. Alex Karp, Palantir's CEO, has highlighted how AI can help protect public institutions, a vision shared by Knightscope. This collaboration mirrors other successful AI initiatives, such as AT&T Inc. (NYSE:T) leveraging Palantir's platform for its internal generative AI system, 'Ask AT&T.' The platform serves 100,000 employees and uses AI to streamline operations and improve service delivery, benefiting from Palantir's technology. Knightscope's partnership with Palantir is poised to scale its autonomous security solutions, targeting public safety and critical infrastructure protection within the federal market. Price Action: On Thursday's last check, KSCP shares were trading higher by 4.24% at $8.55, and PLTR was up by 1.52% at $153.20. Read Next: Photo via Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? PALANTIR TECHNOLOGIES (PLTR): Free Stock Analysis Report This article Knightscope Joins Palantir's FedStart Program To Expand Federal AI Security Solutions originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
6 days ago
- Business
- Business Wire
Knightscope Joins Forces with Palantir to Advance Public Safety
SUNNYVALE, Calif.--(BUSINESS WIRE)-- Knightscope, Inc. (NASDAQ: KSCP), a leader in developing autonomous security robots and artificial intelligence technologies, today announced it has signed a two-year agreement with Palantir Technologies Inc. (NASDAQ: PLTR), joining Palantir's FedStart program to accelerate the Company's entry into the U.S. federal marketplace. The collaboration provides Knightscope with an accelerated pathway to FedRAMP High and DoD Impact Level 5 accredited environment, comprehensive onboarding services, and direct Authority to Operate (ATO) support. These capabilities are essential to deploying AI-driven public safety technologies in secure federal settings. 'This agreement represents a transformational step forward in our federal strategy,' said William Santana Li, Chairman and CEO, Knightscope. 'By joining Palantir's FedStart program, we are preparing to deliver our autonomous security technology into some of the most mission-critical and security-conscious environments in the Nation. This collaboration aligns strongly with current momentum in Washington toward establishing a National Robotics Strategy to ensure U.S. leadership in autonomous systems.' Under the agreement, Knightscope will operate its software within Palantir-managed AWS GovCloud clusters, ensuring compliance through accredited infrastructure, continuous monitoring, and quarterly third-party assessments – all critical to achieving and maintaining federal ATO status. The partnership comes amid growing calls for a National Robotics Strategy aimed at strengthening domestic innovation, countering foreign influence in robotics, and modernizing U.S. government operations. Through FedStart, Knightscope is positioned to scale its solutions in service of national security, public safety, and critical infrastructure protection. Palantir's stated mission to empower American institutions with secure, AI-driven platforms reinforces alignment between the two companies. In a 2024 shareholder letter, Palantir CEO Alex Karp emphasized the company's role in deploying operational AI 'to protect liberty and support public institutions' – a vision that echoes Knightscope's public safety mission. 'As federal leaders look to autonomous technologies to enhance operations and resilience, Knightscope is investing in the infrastructure, partnerships, and accreditations that will enable us to lead,' added Li. About Knightscope Knightscope is transforming public safety with cutting-edge robotics and AI technologies. From autonomous security robots to advanced detection systems, Knightscope is committed to building safer communities where you live, work, study and visit. Our long-term ambition is bold but simple: to make the United States of America the safest country in the world. Learn more about us at Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can be identified by the use of words such as "should," "may," "intends," "anticipates," "believes," "estimates," "projects," "forecasts," "expects," "plans," "proposes" and similar expressions. Forward-looking statements contained in this press release and other communications include, but are not limited to, statements about the Company's goals, profitability, growth, prospects, reduction of expenses, and outlook. Although Knightscope believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks, uncertainties and other important factors that could cause actual results to differ materially from such forward-looking statements, including the factors discussed under the heading "Risk Factors" in Knightscope's Annual Report on Form 10-K for the year ended December 31, 2024, as updated by its other filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of the document in which they are contained, and Knightscope does not undertake any duty to update any forward-looking statements, except as may be required by law.
Yahoo
11-07-2025
- Business
- Yahoo
Knightscope Closes $1 Million in New Contracts
Knightscope, Inc. (NASDAQ:KSCP) is one of the 10 Best Small Cap Robotics Stocks to Buy Now. On July 2, the company closed $1 million in new contracts, reflecting robust demand for its products. The company is taking one step forward by locking in major deals with higher education institutes, parks and recreation centers, and the local government. Bookings for its new Emergency Communication Devices have soared, catalyzing the company's growth in life-saving communication technology. An engineer in front of a complex network security system, monitoring for potential threats. Knightscope's autonomous security robots are also faring well in the market. These robots have secured contracts in the transit authority, data center, and higher education sectors. The company is also amplifying its presence in Washington, D.C., following recent visits and interactions with public officials and key stakeholders. Knightscope, Inc. (NASDAQ:KSCP) is a robotics and AI company that offers advanced detection systems and autonomous security robots. The company shares a focus on building safer communities. While we acknowledge the potential of KSCP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
02-07-2025
- Business
- Business Wire
Knightscope Secures Another $1M in New Sales, Renewals & Expansions;
SUNNYVALE, Calif.--(BUSINESS WIRE)-- Knightscope, Inc. (NASDAQ: KSCP), a leader in developing autonomous security robots and artificial intelligence technologies, today announced over $1 million in newly secured contracts that span major client renewals, strategic expansions, and new wins across the country. The increase reflects a continuing demand for smarter, safer environments and is underscored by ongoing interest, including on Capitol Hill. Emergency Communication Devices Grow Across the Nation Knightscope locked in major new wins in the higher education, parks & recreation, healthcare, and local government sectors with an impressive 541 brand-new Emergency Communication Devices (ECDs) bookings. This wave of new contracts highlights the widespread trust in Knightscope's life-saving communication technology. Robots on Patrol: ASRs Hit New Markets Knightscope's Autonomous Security Robots (ASRs) are on the move. New K5 contracts are rolling out in the Transit Authority, Data Center, and Higher Education sectors, reinforcing its growing presence across critical infrastructure and public spaces. Highlights at a Glance Public Sector Power – Cities, states and law enforcement agencies are doubling down with expanded ECD purchases and extended Full-Service Maintenance (FSM) agreements. Renewals Signal Results – Eight (8) ASR subscriptions were renewed across key sectors, including retail, biotech, and hospitality, proving Knightscope's staying power and performance. Capitol Hill Knightscope continues to gain meaningful traction in Washington, D.C. Following recent visits that included dozens of engagements with public officials and stakeholders, the Company has been invited back for a hearing on certain technologies to occur in July. About Knightscope Knightscope is transforming public safety with cutting-edge robotics and AI technologies. From autonomous security robots to advanced detection systems, Knightscope is committed to building safer communities where you live, work, study and visit. Our long-term ambition is bold but simple: to make the United States of America the safest country in the world. Learn more about us at Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can be identified by the use of words such as "should," "may," "intends," "anticipates," "believes," "estimates," "projects," "forecasts," "expects," "plans," "proposes" and similar expressions. Forward-looking statements contained in this press release and other communications include, but are not limited to, statements about the Company's goals, profitability, growth, prospects, reduction of expenses, and outlook. Although Knightscope believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks, uncertainties and other important factors that could cause actual results to differ materially from such forward-looking statements, including the factors discussed under the heading "Risk Factors" in Knightscope's Annual Report on Form 10-K for the year ended December 31, 2024, as updated by its other filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of the document in which they are contained, and Knightscope does not undertake any duty to update any forward-looking statements, except as may be required by law.
Yahoo
11-06-2025
- Automotive
- Yahoo
Montgomery County testing use of security robot to monitor parking garage
The Brief Montgomery County Department of Transportation enlisting a robot to monitor the Town Square Parking Garage in Silver Spring Expected to be operational soon, county still programming the robot, named "Parker" Costs roughly $100,000 and if it's a success, they could expand to other garages WASHINGTON - The California-based company Knightscope designs autonomous robots that help patrol commercial and public properties. A mobile surveillance tool The Montgomery County Department of Transportation has enlisted a robot to help patrol the Town Square Garage off Ellsworth Avenue in downtown Silver Spring. A transportation official told FOX 5 the robot, named Parker, is still being programmed and they expect to make it operational in the coming weeks. The official says the cost is around $100,000. The plan for now is to have it patrol for a year in the Town Square garage and then potentially expand the program to other garages. How it works Parker is equipped with 360-degree cameras. Those cameras can store footage for 30 days. They can also be equipped with License Plate Readers. If, for example, a stolen car was parked in the garage, Parker could alert police. Parker is not replacing any security staff, but is an addition. If a crime were to happen and police responded, they could check to see if Parker gathered any information on a suspect or vehicle that was involved to aid in the investigation. It patrols the garage without hitting any vehicles, going from floor to floor within the garage. What they're saying "When I first looked at it, the first thing I thought was Robo-Cop. Where they had the policemen walking around and did away with the cops," said Bob Garrison, who was struck by the technology. Parker also has strobe lights, sirens, and if someone is in distress, there's a button on Parker they can push which would call police. "I feel comfort. I feel comfort there. As a matter of fact, my car was sort of vandalized recently, so I appreciate the safety. The stepped up safety measures. I just hope the neighborhood folks that we can receive full transparency from A to Z on what this machine is going to be doing," said Gabrielle Dubose, a Silver Spring resident. Not all garage parkers were quite on board with Parker the robot. "Like, what's it going to do. It's not going to run up on somebody, it's just going to take pictures of it, and it's not really helping people," said Nicholas Layke, who expressed skepticism of Parker. We expect a formal announcement in the coming weeks of when Parker will be operational and how exactly he'll be used.
