Financial News
Knightscope, Inc.’s (NASDAQ: KSCP) Autonomous Security Robots Facilitating Situational Crime Prevention
- The various opportunity-reducing methods of situational crime prevention look to increase the perceived risks of committing a crime, enhance the effort required to commit crimes, reduce rewards, and eliminate excuses for crime
- Knightscope’s autonomous security robots (“ASRs”), which are equipped with capabilities such as video recording and streaming capabilities, thermal anomaly detection, facial recognition, and more, help to increase the perceived risks associated with criminal activities, resulting in deterrence
- Following the deployment of ASRs, Knightscope’s clients have reported considerable reductions in the number of crimes reported
- Knightscope recently added another client – a New York shopping center – and visited additional towns as part of its Robots Roadshow, with recent touchdowns in Columbus and Akron, Ohio
In a 1998 paper, Marcus Felson and Ronald V. Clarke, then Professors at the Rutgers University School of Criminal Justice in New Jersey, presented the ten principles of crime opportunity theory (https://ibn.fm/uUFqw), one of which guides the operations of Knightscope (NASDAQ: KSCP), an advanced security technology company that builds fully autonomous security robots (“ASR”).
The eighth principle states that crime can be prevented by reducing opportunities. And basing their discussion of this principle on situational crime prevention, the academics noted that the opportunity-reducing methods of situational crime prevention, such as…
NOTE TO INVESTORS: The latest news and updates relating to KSCP are available in the company’s newsroom at https://ibn.fm/KSCP
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