Phoenix, Arizona--(Newsfile Corp. - February 22, 2022) - The Stock Day Podcast welcomed Knightscope (NASDAQ: KSCP) ("the Company"), an advanced security technology company based in Silicon Valley that builds fully autonomous security robots that deter, detect, and report. CEO of the Company, William Santana Li, joined Stock Day host Everett Jolly.
Jolly began the interview by asking about the Company's current projects and goals. "Our long-term mission is to see if we can make the United States the safest country in the world," said Li. "We build, develop, and deploy fully autonomous security robots," he explained. "We've been operating 24/7 across the country with contracts from Hawaii to Texas to Rhode Island helping to secure the places you visit, study, and work."
"Is there a recurring revenue aspect for your business that can make it viable over the long-term?", asked Jolly. "We have a Machine-as-a-Service business model," said Li. "We deploy these robots with an all-inclusive approach. So, all of the building of the machines, the electrical, telecom, software, and maintenance is a subscription service," he said. "We have a recurring revenue business model for a recurring societal problem."
"Could you explain your flagship models?", asked Jolly. "The K5 is a five-foot tall, 400 pound machine, which roams around primarily outdoors," said Li, adding that the machine is designed for verticals like hospitals, manufacturing plants, logistics facilities, commercial real estate, and law enforcement agencies. "The K3 is the smaller version of that," he added, noting that this machine is designed primarily for indoor use. "The K1 is for indoors or outdoors, it is a stationary version that does everything the other machines do but in addition has facial recognition."
The conversation then turned to the Company's recently announced Allied Universal deal. "Allied Universal is the largest US security company," said Li. "They have a need for improving the overall technology footprint to help their clients, and we are aligned in that perspective. So, we will be working together to further grow the technology in the marketplace."
Li then elaborated on the Company's history over the last eight years. "We ended up raising over $100 million to build this technology from scratch," shared Li. "We've had numerous crime-fighting wins," he added, encouraging listeners to check out the Company's successes on their website. "Now we have recurring revenue with clients all across the country."
"How long does it take to build a machine?", asked Jolly. "The technology is extremely difficult to execute," said Santana Li. "It probably nears about 100 hours to build a machine," he explained. "A newer machine that we're working on and hope to release this year will probably cut this time down to 20 hours."
You can learn more about Knightscope's crime-fighting Autonomous Security Robots (ASRs) at www.knightscope.com
To hear William Santana Li's entire interview, follow the link to the podcast here: https://audioboom.com/posts/8035868-knightscope-inc-ceo-william-santana-li-is-featured-on-the-stock-day-podcast
Investors Hangout is a proud sponsor of "Stock Day," and Stock Day Media encourages listeners to visit the company's message board at https://investorshangout.com/
About Knightscope
Knightscope (NASDAQ: KSCP) is an advanced security technology company based in Silicon Valley that builds fully autonomous security robots that deter, detect and report. Knightscope's long-term ambition is to make the United States of America the safest country in the world. Learn more about us at www.knightscope.com. Follow Knightscope on Facebook, Twitter, LinkedIn and Instagram.
Forward-Looking Statements
This press release may contain "forward-looking statements" about Knightscope's future expectations, plans, outlook, projections and prospects. 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. Although Knightscope believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading "Risk Factors" in the offering circular filed with the SEC on January 26, 2022. 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.
Contacts
Media Contacts:
Donna Loughlin Michaels, LMGPR for Knightscope
Phone: (408) 393-5575 Email: donna@lmgpr.com
Vanessa Showalter, Allied Universal/Director of PR - North America
Phone: (714) 619-9744 Email: vanessa.showalter@aus.com
About The "Stock Day" Podcast
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SOURCE:
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