- Knightscope’s ASRs offer 24/7/365 security coverage
- The K1 ASR can incorporate temperature detection, which has become a vital role in everyday life (in schools, malls, etc.)
- A.I. and other Knightscope products may be able to help alleviate some of the stress that security guards and first responders face almost daily – ASRs do it without getting tired
- Artificial intelligence in the security market was valued at $5.08 billion in 2020 and is estimated to grow to $14.18 billion by 2026
One of the most disruptive technological innovations of the last century, artificial intelligence (“AI”) is being adopted at a rapid pace and even becoming an essential component in many industries, including public safety. The adoption of technology such as this does not come without challenges, however.
The “black-box” problem is one of the most often challenged. The “black-box” problem occurs when human operators overseeing a system do not fully understand the algorithms recommended for a particular action. It is unclear if these result from the AI’s software detecting patterns that humans do not detect or if the AI made a mistake during calculation. Nevertheless, this is a data and training issue which is being improved significantly on a daily basis.
Challenges aside, there are still many different benefits that come from using AI for public safety purposes. Knightscope is a developer of Autonomous Security Robots (“ASRs”) that offer 24/7/365 security to the places where people work, live, visit, and study. The company’s current ASR offering includes K1, K3, K5, all featuring the Knightscope Security Operations Center (“KSOC”).
The K1 is an award-winning, multi-purpose security robot that is stationary and can be used for indoor and outdoor use. This unit, in particular, can be used for detecting elevated body temperature, facial recognition, physical deterrence, and more.
The K3 is a fully autonomous security robot that is rated for indoor use. K3 reaches a maximum speed of three miles per hour and can run autonomously without any human interference. K3 is great for autonomous detection, robust communication, remote monitoring, and more.
The K5 is an impressive model. This robot is fully autonomous and can be used indoors and outdoors, although the primary use is outdoors. It features a maximum speed of three miles per hour. It has already been utilized in the field for over 1 million hours, including a third winter.
KSOC provides ASR owners the ability to access their robots anytime, anyplace, and on any device. With over 240 million detections delivered, incidents can be investigated with time, location, and detection filters. Monitoring can now be done with increased precision.
Security personnel are notorious for working 12-hour shifts. During these shifts, they may be exposed to traumatic scenes, which may impact their overall health. There is a prevalence of post-traumatic stress disorder (“PTSD”) and other mental health problems that can come from the job. The implementation of ASRs can help mitigate some circumstances involving accidents, crime scenes, and more.
Knightscope’s mission is to help make the safety and security industries a more prominent part of the public’s eye. AI working among security guards is specifically targeted to help reduce stress and make every second count.
With its innovative offering and dedication to enhancing public safety nationwide, the company is uniquely positioned to leverage multiple growth opportunities in the expanding security AI market. Artificial intelligence in the security market was valued at $5.08 billion in 2020. By 2026, reports indicate that this number could increase to $14.18 billion, growing at a CAGR of 18.64% (https://nnw.fm/yqyL6). The United States National Defense Strategy (in January 2018) named artificial intelligence a key technology that would ensure that the United States is able to fight and win the wars of the future.
For more information, visit the company’s website at www.Knightscope.com and if you have a need for subscription 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 Knightscope are available in the company’s newsroom at https://nnw.fm/Knight
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