Knightscope to Acquire Public Safety Provider CASE Emergency Systems
CASE is a provider of blue light emergency phones and wireless emergency communications technology, providing Knightscope with a strategic entry into a nationwide market.
CASE is a provider of blue light emergency phones and wireless emergency communications technology, providing Knightscope with a strategic entry into a nationwide market.
The committed equity facility provides Knightscope with the right to sell and issue up to $100 million of its Class A Common Stock over a period of 24 months to B. Riley Principal Capital at Knightscope’s discretion.
The partnership will utilize Allied’s security professionals to mitigate risks by monitoring alerts and responding to threats reported by Knightscope’s security robots.
The COVID-19 public safety announcements can be made when a person is detected, randomly, by time, by location or issued manually.
An innocent robot security guard was recently assaulted in a California parking garage. Fortunately, it caught footage of its attacker.
Robots can be instrumental in providing security personnel with another set of eyes and ears in many locations and notify them of events.
Although privacy concerns abound, Knightscope has opened a showroom in Manhattan and hopes to alleviate the need for increased security patrols.
The Knightscope security robot has issued a statement after falling into a water fountain at an office and retail complex in Washington D.C.
The K5 security robot by Knightscope suffered a few scratches but is now back on duty.