NetworkNewsWire
Editorial Coverage: The U.S. is a global military superpower,
providing its 2.4 million
active and reserve troops with every conceivable capability through
a massive military industrial complex. Big budgets and copious
defense contractors design and
build just about anything a soldier could possibly need. To
protect our nation and our troops, that’s exactly the way it should
be. However, the same commitment, resources and support aren’t
afforded to the nation’s 2+ million law enforcement and security
personnel, a dedicated and highly skilled group of professionals
often left with little more than the technical equivalent of a #2
pencil and notepad to protect 330+ million Americans.
Knightscope, Inc. (Profile) is on a
crusade to deliver much-needed technological innovation to the law
enforcement and security markets to more efficiently and
effectively protect the people and property of America from
coast-to-coast. The company’s unique combination of self-driving
autonomous technology, robotics and A.I. provides law enforcement
and security professionals smart eyes & ears. This
technological innovation allows humans make decisions faster,
smarter and safer while machines do the monotonous, computationally
heavy and often dangerous work. Knightscope’s robotic expertise
incorporates the best attributes from varied industries, such as
the adeptness of defense contractors Lockheed Martin
Corporation (NYSE: LMT) and General Dynamics
Corporation (NYSE: GD), as well as the autonomous aptitude of
Velodyne Lidar
Inc. (NASDAQ: VLDR) and the abilities of vehicle
electrification being led by Tesla Inc.
(NASDAQ: TSLA).
- At any given time, approximately 500,000 law enforcement,
security officers are protecting 331 million Americans.
- Knightscope’s lineup of fully autonomous security robots (ASR)
are disrupting the industry.
- Knightscope’s upcoming K7 ASR is a fully autonomous four-wheel,
multi-terrain vehicle sentry.
- Knightscope ASRs have potential to reduce the $2 trillion in
economic damage resulting from crimes.
Click here to view
the custom infographic of the Knightscope
editorial.
Time to Level the Field
The United States spent well over $700
billion on its military in 2019 alone. Comparatively, the
nation collectively spends only about $100
billion annually on policing and another $80 billion more on
incarcerations. The stark difference between our nation’s
commitment to military readiness and police protection is magnified
by the fragmented structure of law enforcement with more than
19,000 law enforcement agencies and 8,000-plus private security
firms. Moreover, the absence of an overarching technology strategy
for law enforcement doesn’t do much to encourage cohesiveness in
operations, completely opposite of how the military works.
The simple numbers beyond “dollars spent” further expose the
challenges of police and security professionals. Using a round
number, 2 million security personnel working 24 hours a day, 7 days
a week, 365 days per year means that at any given moment there are
only about 500,000 police and security officers trying to protect
331 million people across 50 states (2.3 billion acres of land).
These dedicated professionals flat-out need help across multiple
verticals to do their jobs effectively.
Knightscope, Inc. and its portfolio
of fully Autonomous Security Robots (ASRs) are the assistance
police and security agencies desperately seek. Knightscope’s
autonomous technology platform is a fusion of robotics, data
collection, predictive analytics and collaborative social
engagement all utilized to predict and prevent crime. This
technology means that humans don’t have to perform monotonous
patrol posts anymore or put themselves in harm’s way on recon
duties. Instead, they can use their skills in other areas while
being best positioned to react if necessary to actionable data that
is constantly transferred in real time by Knightscope’s ASRs.
The company’s product lineup includes the K1 stationary robot,
K3 and K5 mobile sentries for indoor and outdoor use, respectively,
and the upcoming K7 multi-terrain ASR that will redefine the
physical boundaries an autonomous robot can patrol. Communication
with the ASRs, including accessing the 90 terabytes of data each
robot can collect, is performed from a single access point, the
Knightscope Security Operations Center (KSOC).
Reducing Crime’s Steep Economic Damage
As aforementioned, about 500,000 people are trying to protect
331 million people all day every day. That’s 1 officer for every
662 people. Keep in mind that many of those officers also cannot be
on patrol every moment since they are attending to crimes — a lot
of them. A violent crime occurred every four seconds in 2019 and a
property crime every 25 seconds. Even more horrifying, in 2019 the
U.S. suffered a mass shooting every day on
average. Could ASRs have averted any of these crimes? Possibly.
Case studies certainly show that Knightscope has been effective in
reducing crime
where they are deployed.
The cost of crime is a hidden tax that gets paid by the people
and businesses in blood, tears and treasure. The actual figures is
a topic for debate and subject to multiple variables. In 2006,
estimates showed $2
trillion in economic impact across the country. New figures
show cybercrime alone will cost the global
economy $10.5 trillion each year by 2025. Data also shows that
2020 was a big year for violent crimes amid the pandemic, with
homicides surging 30% from
2019.
Again, this dismal condition begs for change and the assistance
of autonomous robots such as Knightscope’s, which provide eyes and
ears in high-crime areas. This rampant violence was the primary
motivator (along with the 9/11 attacks on his hometown of NYC) that
led to Knightscope CEO and founder William Santana Li to devote his
life to developing the technology to help cut into crime rates
and economic costs.
AI and Robotics
Since the first police department was formed in Boston in 1838,
police have relied upon hunches, clues, experiences and proven
policing methodologies to fight and solve crimes. It’s a new world
in 2021. Data analytics plays an increasingly important role in
crime prevention and has led to new predictive policing
technologies.
Knightscope is a leader in predictive policing technologies, the
science of using big data, analytics and computational power to
rapidly make informed decisions about potential crimes. Packed into
Knightscope ASRs are powerful computers, video cameras and more to
scan, record and process data at lightning speed. Technologies
include facial and license plate recognition, MAC address tracking,
heat-sensing capabilities (which have already been used to prevent
a large fire already) and more. In addition Knightscope’s R&D
team intends to stay at the forefront of combining artificial
intelligence and robotics for security applications.
Just like with marketing technology, the bigger the database,
the more predictive and reliable the technology can be.
Knightscope’s robots create more than 90 terabytes of data (per
annum per machine) and are part-and-parcel to advancing the
technology. That capacity gains even more significance considering
the company’s robots are the only of their type operating from
coast-to-coast at multiple locations such as parks, warehouses,
hospitals, colleges and more, where they collect a diverse data set
to add to the library.
Autonomous Driving and Electrification
Artificial intelligence and robotics are integral to predictive
policing. The policing transformation is undergoing another major
upgrade with autonomous driving and electrification of vehicles.
Coming from the auto industry, Knightscope’s Santana Li was keenly
attuned to the emergence of autonomous vehicles years ago but savvy
enough to know it wasn’t going to be introduced, much less become
mainstream, for decades.
The more prescient pathway to incorporate the technology was
robots, which is exactly what Knightscope did with its ASRs, which
essentially are autonomous vehicles, just not the shape people are
used to seeing with cars. The basic technology is the same though.
As it happens, Knightscope’s upcoming four-wheel vehicle, K7, is
more car-like at nearly 10 feet long, 6 feet tall and 770 pounds.
The vehicle is ideally suited for use at airports, prisons, farms,
large corporate campuses, federal government facilities, solar
farms, power utility substations, wind farms and more.
Knightscope is at the cutting edge of technology with its ASRs
and following the path of the rest of the world by ditching fossil
fuels in favor of electrified vehicles. The ASRs one-up an EV
insomuch as they monitor their own battery levels and automatically
return to a charging station to recharge without any human
intervention. A typical ASR patrol cycle lasts as long as two and a
half hours, while a charge is completed in just 20 minutes or less.
While the ASR is charging, the robot actually remains diligent and
fully operational, sans the movement.
The Amalgamation of Technology
Committed to public safety, Knightscope operates at the
intersection of multiple technologies. However, the company is not
alone in developing leading technologies where billions of dollars
are being invested annually into moving society towards a safer,
more advanced 22nc century, including defense, autonomous vehicles
and electric-powered cars and trucks.
Lockheed Martin
Corporation (NYSE: LMT) has published “5 Trends Shaping
the Future of Defense,” including directed energy lasers and
hypersonic weapons that they admittedly say, “sounds like science
fiction.” Number one on the list is artificial intelligence and
number two is big data for predictive analytics to deter threats
and automate dangerous tasks. The list is
rounded out by human-machine collaboration and an “X factor” is
people innovating upcoming creative solutions to make the world a
safer place.
General Dynamics
Corporation (NYSE: GD) has a portfolio covering a broad
spectrum of some of the world’s most technologically advanced jets,
combat vehicles, command and control systems and nuclear submarines
that it develops and offers through five business groups. In
addition to some of the most sophisticated technology powering and
controlling its vehicles, the company
is deeply rooted in data center optimization and modernization,
including using big data analytics and cloud virtualization
technologies and pushing the limits of AI for better decisions and
faster actions.
Velodyne Lidar
Inc. (NASDAQ: VLDR) is a global leader in autonomous vehicles
with a product portfolio delivering real-time perception data that
enables safe and reliable operation for autonomous driving and
advance vehicle safety at highway speeds. Velodyne is the
go-to brand for countless companies in the space, including
self-driving startup ThorDrive, which selected Velodyne lidar
sensors for its pilot programs, such as a groundbreaking
partnership with Hassett ACE Hardware for autonomous driving
delivery vehicles.
Tesla Inc.
(NASDAQ: TSLA) has nearly become synonymous with the
electrification of vehicles. CEO Elon Musk is known to make bold
predictions and he didn’t disappoint at a quarterly earnings call
in January. During the call, Musk expounded on the company’s FSD
(full self-driving) system, saying that by the end of 2021 Tesla’s FSD will be capable of Level 5
autonomy. Level 5 is the pinnacle of autonomous vehicles, meaning
they do not require any human attention to the point that they
don’t need steering wheels, accelerator or brake pedals.
The meshing of these technologies speaks to the new
opportunities that will continue to arise in multiple sectors,
including the areas of law enforcement as well as property
protection and public safety. Just how far it goes is only limited
by imagination, but one can bet that many standard operating
procedures are going to be reshaped in the coming years and
decades.
For more information about Knightscope, Inc., please visit
Knightscope,
Inc.
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