Hyundai believes that automated charging robots could make EV charging more convenient and accessible. The carmaker debuted the design of the robot in a computer-generated movie last year, but this time it’s exhibiting a real version that’s been tested at the company’s main R&D center. Engineers developed a dedicated charging station at the Hyundai R&D center and tested the robot in various situations. Some companies have proposed combining robotic charging with wireless induction technology. Stellantis (NYSE:STLA) is thinking of developing a mobile inductive charging robot for the Ram REV electric pickup. Continental, on the other hand, has come up with a comparable approach that still relies on a physical link. Meanwhile, Tesla (NASDAQ:TSLA) plans to launch an automatic snake charger, a robotic cord to that automatical connects to a car’s charge socket. Robots are also being developed to help combat security issues and make America a safer place. Companies like Knightscope (NASDAQ:KSCP), Leidos Holdings (NYSE:LDOS) and Lockheed Martin Corp. (NYSE:LMT) are deploying robots across the US to increase security.
Knightscope (NASDAQ:KSCP), a leading maker of autonomous security robots (ASRs) and blue light emergency communication systems, has continued to put its advanced security technology in schools, medical centers and hospitals, entertainment venues, office towers, and municipalities across the US.
On March 29, Knightscope announced that a long-term healthcare client has renewed its contract for its K5 Autonomous Security Robot (ASR) for the seventh year in a row.
The client’s ASR patrols a hospital parking lot in Southern California to help safeguard the facility, healthcare staff, patients, visitors, and their vehicles. ASRs can help fulfill or surpass the Joint Commission Hospital Accreditation Requirements, as well as potentially improve patient satisfaction while supporting the Hospital Consumer Assessment of Healthcare Providers and Systems (HCAHPS) Scores.
On March 21, Knightscope received three new orders for its K1 emergency communication systems. A university in New Hampshire bought its first Knightscope K1 Retrofit Kit to test it out before a larger rollout. In New Jersey, the Borough of Carteret Police Department bought two K1 Blue Light Towers for a park, and the Port Authority of New York and New Jersey added six more K1 Call Boxes to their previous order for the Bayonne Bridge.
Knightscope‘s new emergency communication devices continue to bring in more customers, which helps the company reach more people and become more known in the market. Even though mobile phones are common, emergency communications are still needed and sought after. Common problems, like a dead battery, a 911 service that doesn’t work, or a location that makes wireless coverage spotty, lead people to add options. These systems also have backups in case one cell phone service goes down. Solar power, cameras, and loudspeakers make them even more useful and help stop bad things from happening, especially when used with Knightscope‘s Autonomous Security Robots (ASRs).
Knightscope announced on March 15 that its Florida reseller, Transportation Solutions & Lighting (TS&L) has placed an order for 10 more K1 Blue Light Towers to meet current and future customer orders. This means that they have ordered a total of 40 emergency communication devices for the month of March.
More than 7,000 blue light emergency communication devices made by Knightscope are in use all over the United States right now. Customers include the NYPD, FDNY, LAX, the U.S. Department of Homeland Security, and many university campuses.
Knightscope is celebrating its 10th anniversary by holding 10 Town Halls during the first 10 days of April. The company’s chairman and CEO Willian Santana Li will be answering questions from supporters, investors and analysts in an intimate online forum.
For more information about Knightscope, Inc. (NASDAQ:KSCP), click here.
Companies Innovating in a Big Way
Elon Musk showed off the latest improvements to Tesla’s (NASDAQ:TSLA) humanoid robot Optimus at its 2023 Investor Day. Optimus can now walk, pick up and carry things, and do simple tasks. The Optimus robot was first shown off in September at Tesla‘s AI Day. Musk also gave hints about his big plans for the rollout of robots. He said that the number of AI-powered humanoid robots to humans could one day “be more than one to one,” and that Tesla‘s robot business could one day be bigger than its car business. The newest version of Optimus was shown to the audience in a video that had already been made. In the video, several of the robots were seen walking and doing maintenance tasks on each other.
Stellantis (NYSE:STLA) announced on March 22 that it will invest more than €130 million in the Eisenach Assembly Plant in Germany, which makes the Opel Grandland compact SUV, to add production of the BEV successor vehicle, which will be built on the brand-new STLA Medium platform. The new BEV will be made for the first time in the second half of 2024. By making a BEV, Eisenach is supporting Opel’s bold promise to have a full line of electric cars in Europe by 2028. There are also plug-in hybrid versions of the Opel Grandland that are being made at Eisenach.
Science and technology company Leidos Holdings (NYSE:LDOS) has added the University of Michigan (U-M) to its list of partners working on the Mayhem program. The Mayhem program is a $334 million, 51-month air-breathing hypersonic contract given by the U.S. Air Force Research Laboratory (AFRL). Through the university’s Model-Based Systems Engineering (MBSE) lab, students in the U-M Aerospace Engineering program will be able to work on Mayhem projects as part of the new partnership. Students from the University of Michigan will help Leidos by putting together parts of the MBSE environment, which Leidos will then use to set up the digital engineering ecosystem for the Mayhem team.
Lockheed Martin Corp. (NYSE:LMT) is now selling commercial licenses to its proven HorizonTM Command & Control (C2) and CompassTM Mission Planning software. This will help people who want to build commercial satellite constellations plan missions and run their systems. Horizon and Compass use a modular architecture that is integrated and can be changed to meet the needs of each customer. They provide mission-critical capabilities for small, medium, or large constellations, such as orbit management, autonomous operations, and flying in a group. Lockheed Martin has put versions of the Horizon and Compass software on more than 50 spacecraft. These spacecraft have gone on missions for the government, for research, and for businesses.
Knightscope’s Robot Roadshow has now toured 24 states and Washington, DC, and is scheduled to carry on for the remainder of 2023.
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6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management’s expectations regarding Knightscope, Inc.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Knightscope, Inc.’s industry; (b) market opportunity; (c) Knightscope, Inc.’s business plans and strategies; (d) services that Knightscope, Inc. intends to offer; (e) Knightscope, Inc.’s milestone projections and targets; (f) Knightscope, Inc.’s expectations regarding receipt of approval for regulatory applications; (g) Knightscope, Inc.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Knightscope, Inc.’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Knightscope, Inc.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Knightscope, Inc.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) Knightscope, Inc.’s ability to enter into contractual arrangements with additional Pharmacies; (e) the accuracy of budgeted costs and expenditures; (f) Knightscope, Inc.’s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Knightscope, Inc. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Knightscope, Inc.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact Knightscope, Inc.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Knightscope, Inc.’s business operations (e) Knightscope, Inc. may be unable to implement its growth strategy; and (f) increased competition.
Except as required by law, Knightscope, Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Knightscope, Inc. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither Knightscope, Inc. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document.
7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Knightscope, Inc. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Knightscope, Inc. or such entities and are not necessarily indicative of future performance of Knightscope, Inc. or such entities.
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