NetworkNewsWire
Editorial Coverage: This year has been one marked by
life-changing moments and experiences. From a global pandemic to
nationwide public unrest, the world is witnessing history being
made. Some of that history is connected to or has resulted in
technological advances, much of which is designed to make the world
a better and safer place. For example, Silicon Valley’s
Knightscope Inc. (Profile) has
designed and offers a full lineup of autonomous security robots
that provide 24/7/365 security wherever the robots are operating.
Other companies that have seen advancements in security technology
include Motorola
Solutions Inc. (NYSE: MSI), which has created the
first and only mission-critical ecosystem built for public safety,
and Everbridge Inc. (NASDAQ: EVBG),
which offers one of the most trusted public warning platforms.
Safety and security are high priorities for other major players
that serve the public. Lockheed
Martin Corporation (NYSE: LMT) recently made a
strategic investment in Hidden Level, an expert in sensor design
and development for low altitude airspace monitoring. And Tesla
Inc. (NASDAQ: TSLA) is focused on developing and
using technology that can improve safety in its cars as well as in
its workplace.
- Over the past two decades, there has been a decline in reported
property and violent crimes.
- Robots that serve as mobile cameras are becoming invaluable
piece of fight against crime.
- Knightscope offers three different machine options as well as
proprietary state-of-the-art Security Operations Center user
interface.
- Company management has raised more than $70 million; four major
corporations and more than 16,000 people have invested in
Knightscope.
Click here to view
the custom infographic of the Knightscope Inc. editorial.
A Problem of Numbers
The Federal Bureau of Investigation (FBI) and the Bureau of
Justice Statistics (BJS) have reported a decline in property and
violent crimes over the past two decades — a positive sign.
However, those decreasing numbers don’t necessarily tell the whole
story. Last year the FBI reported more than 2,100 property crimes
and almost 380 violent crimes per 100,000 Americans, according to
Pew
Research. Top on the list of crimes were larceny/theft in the
property crime category and aggravated assault in the violent crime
category.
Determining the actual numbers of crime has always been
difficult; most experts agree that a significant number of crimes
likely go unreported every year. One of the main reasons victims
give for failing to report a crime is the perception that police
are unable to help because they are understaffed.
In a recent LD Micro interview, Knightscope
Inc. CEO William Santana
Li explained that it’s a problem of numbers. Li noted that
there are one million law enforcement professionals and one million
security personnel in the United States. Accounting for the number
of hours these individuals can work on a daily and weekly basis,
that equates to about 500,000 people trying to protect 328 million
Americans across the entire country at any given moment.
“That’s why you have a trillion-dollar negative economic impact
of crime on the U.S. every, single year,” expounded Li in a recent
interview. He sees the defense budget structure contributing to the
problem insomuch that, unlike the military, it doesn’t provide
police and security the innovation and tools they need to do their
job effectively. Addressing this unattended need has been a driving
force in the development of Knightscope and its portfolio of robots
and operations center software.
Invaluable Piece of Fight Against Crime
Knightscope is leading the way to a solution. Robots that serve
as mobile cameras are becoming an invaluable piece of the fight
against crime, and Knightscope is taking that technology to the
next level. The company has designed and manufactured robots with
fully autonomous 360-degree HD streaming video, facial recognition,
license plate recognition, thermal anomaly detection, audio
broadcasts and much more.
Knightscope offers three different machine options for both
indoor and outdoor use, as well as a state-of-the-art Knightscope
Security Operations Center (KSOC) user interface. Knightscope has
more than one million hours of service already logged with paying
clients and has earned the distinction of being the only company in
the world operating fully autonomously without human intervention
24/7/365 across an entire country.
Over and over again, Knightscope robots have proven their
ability to deter crime. A single case study
from use of a Knightscope K5 robot during a six-month period by the
Huntington Park Police Department in Salt Lake Park, California, is
a perfect example. In the last year, the Salt Lake Park area
reported a 10% reduction in calls for service, a 46% reduction in
crime reports, a 27% increase in arrests and a 68% reduction in
citations during the time the K5 unit was present.
Making a Difference in the Community
Salt Lake Park is only one example of Knightscope robots making
a difference in the communities in which they are operating.
Knightscope robots are used around the country in a variety of
different situations and locations, including parking
lots/structures, shopping malls, hospitals, casinos, corporate
campuses and federal buildings.
Knightscope robots have proved pivotal in a number of different
situations. The robots have been instrumental in
issuing warrants for sexual predators, proving a slip-and-fall
lawsuit was a sham, solving a hit-and-run crime, preventing a
fraudulent insurance claim, thwarting a fire, catching a thief and
deterring trespassing, among other things.
Another key thing to note is that Knightscope robots are
American made from R&D to manufacturing. This becomes
particularly important when viewing the litany of applications
where protection from potential interference (read as “spying”)
from other countries is paramount.
Knightscope robots are available through a Machine-as-a-Service
(MaaS) subscription business model. The subscription covers
everything from freight, machinery and setup to maintenance and
support. Subscriptions prices vary, ranging from $4 to $11 per hour
and are based on the robots operating around the clock, seven days
a week, 365 days a year.
The company generally sees a return on its investment within the
first year of a subscription. In fact, said Lie, after subtracting
operating and other expenses, each machine should generate about
$250,000 in profit over a five-year period.
Garnering Media, Investment Attention
During his interview, Li outlined problems with the current U.S.
defense system. The Department of Defense oversees a $700-plus
billion annual budget, he noted; those monies are earmarked to
provide the military what is needed to keep the country safe. While
this budget supports a long list of contractors that supply the
military with everything from goggles to stealth bombers, no
federal funds are available for the country’s 19,000 law
enforcement agencies and 8,000 private security firms.
The Knightscope team is committed to provide solutions to these
security problems. The company has worked tirelessly to develop
robotics that make the world safer. In 2013, that commitment and
hard work was recognized when Knightscope won Demo Day at the Plug
and Play Tech Center. Consequently, the company developed its
exclusive autonomous sentry technology and was the first to bring a
next-gen tech to market.
These accomplishments, among others, have attracted media and
investor attention. To date, Knightscope management has raised more
than $70 million with four major corporations and more than 16,000
people investing in Knightscope and its robots. The company is
currently raising additional capital through a Reg A+ offering in
preparation for plans to
become a public entity.
Making the World a Safer Place
Motorola
Solutions Inc. (NYSE: MSI) has created Command
Central, the first
mission-critical ecosystem built for public safety. The system
is designed to create safer
communities by modernizing the software public safety uses to
run its mission-critical operations. The company reports that
“currently, more than 3,500 customers rely on some component of
Motorola Solutions’ command center software suite, supporting
communities across the U.S. Of those 3,500+ customers, hundreds
have already adopted two or more of the core software suite
components to run their operations, demonstrating the criticality
of technology to help public safety agencies keep their communities
safe.”
Through its Everbridge Public
Warning platform, Everbridge Inc. (NASDAQ: EVBG)
delivers best-of-breed capabilities to help governments
and public authorities keep people safe before, during and
after critical events. The platform delivers the most
comprehensive, flexible and modular solutions for population
alerting to suit the needs of each city, state or country. The
Everbridge front-end alerting gateway can be deployed as
a standalone solution through to more
sophisticated hybrid or multi-channel systems,
which combine the company’s own
cell-broadcast or location-based SMS technology.
Lockheed
Martin Corporation (NYSE: LMT), through its
venture capital arm, Lockheed Martin Ventures, made a strategic
investment in Hidden Level, an expert in sensor design and
development for low altitude airspace monitoring. The investment
will support both companies as they work to solve challenges in air
surveillance and security through advanced distributed sensor
networks. Hidden Level’s Airspace Monitoring Service provides
a network of custom-built sensors capable of monitoring for
low-altitude air traffic, such as drones, over large geographic
areas, including over traditionally challenging environments like
densely populated metropolitan areas.
Tesla
Inc. (NASDAQ: TSLA) has a stated goal
to “become the world’s safest company by continuously integrating
safety into the way we work and the products we build.” With that
in mind, the company has hosted the Transplant Automotive Safety
Forum (TASF) with more 100 safety professionals from Subaru, DTNA,
Nissan, Volkswagen, KIA Motors, Honda, Hyundai, Toyota and BMW.
During the forum, Tesla shared best practices and collaborated on
topics that regularly impact all automotive companies. The company
believes that technology can help improve safety in its cars as
well as in its workplace.
Looking forward, technology certainly is at the heart of most
major breakthroughs designed to make the world a safer place. Those
breakthroughs will certainly be broad and varied, but advances such
as Knightscope robots, which make a difference “on the ground,” so
to speak, in neighborhoods and parking lots and malls, seem to call
out for particular attention.
For more information about Knightscope, please visit Knightscope
Inc.
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