San Francisco residents just voted to allow police more leeway in vehicle chases and to use drones and surveillance cameras for crime prevention. This initiative, which passed by wide margins, allows officers more flexibility in pursuing suspects fleeing in vehicles and permits the use of drones and facial recognition for crime prevention. These results challenge the prevailing soft-on-crime narrative that has dominated California politics and reflect growing concerns among Californians about rising crime rates. San Francisco isn’t the only city using drones. Over 1,400 police departments across the US use them in daily operations, but that number is expected to rise as drones become more capable and accessible. Robotics and AI tech company Knightscope, Inc. (NASDAQ:KSCP) just announced a partnership with Draganfly Inc. (NASDAQ:DPRO) (CSE:DPRO) to combine Knightscope’s ground-based autonomous security robots with Draganfly’s aerial drone capabilities. Other players in the space include Axon Enterprise Inc. (NASDAQ:AXON), which has developed a comprehensive drone platform designed for public safety, Kratos Defense & Security Solutions (NASDAQ:KTOS) and Northrop Grumman Corp. (NYSE:NOC), which specialize in drones for defense and security applications.

Knightscope, Inc. (NASDAQ:KSCP), a leader in robotics and artificial intelligence (AI) technologies for public safety, has signed a Memorandum of Understanding (MoU) with Draganfly, a leading developer of drone solutions. The agreement aims to fully integrate Draganfly’s drone technology with Knightscope’s Autonomous Security Robot (ASR) technologies to create a unified autonomous offering focused on reimagining public safety.

Integrating Autonomous Security Drones into Knightscope’s portfolio addresses a significant demand for enhanced safety in various environments. This addition equips Knightscope’s ecosystem with ground-based robots, stationary emergency communication devices, and advanced aerial platforms, providing clients with a comprehensive suite of autonomous public safety solutions. The collaboration enhances security programs, offering a seamless and comprehensive approach to safety, threat detection, and emergency response.

The integrated security technology enhances situational awareness by combining robots, E-phones, and drones, allowing for quicker and more informed decisions during emergencies. It also improves threat detection and response by providing a more comprehensive overview of the environment and enhances crime prevention in public spaces by establishing a unified physical presence that deters criminal activities. On top of that, it safeguards critical infrastructure, such as power plants and government facilities, against threats.

The integrated technology is planned to be part of the Knightscope Security Operations Center (KSOC) user interface, enhancing its capabilities with aerial surveillance options. The Autonomous Security Drones can be programmed to patrol specific areas, follow predetermined routes, or investigate alarms or incidents in real-time, complementing ground-based operations.

“Partnering with Draganfly marks a significant milestone in Knightscope’s mission to make the United States the safest country in the world. By integrating our cutting-edge ASRs and emergency communication systems with Draganfly’s innovative drone technology, we are setting a new standard for comprehensive, AI-driven public safety solutions,” said William Santana Li, Knightscope’s chairman and CEO. “This collaboration helps to further establish our position as a technology leader committed to the advancement of public safety.”

For more information about Knightscope, Inc. (NASDAQ:KSCP), click here.

Major Developments in Drone Technology

In February, Draganfly Inc. (NASDAQ:DPRO) announced that its Commander 3 XL Drone won three awards at The Droning Company’s Annual Droning Awards: Best Enterprise Drone, Best Search and Rescue Drone, and Best Delivery Drone. Known as the “Swiss Army Knife of Drones,” the Commander 3 XL is lauded for its easy assembly, rapid deployment, and high endurance. It can support various payloads and transport up to 24 pounds with drop and winch-down systems. The weather-resistant drone performs well in light rain and snow. The Droning Company, a leading resource for the drone community, created The Droning Awards to honor drone innovations. This marks the second consecutive year that the Commander 3 XL has received the Best Enterprise Drone award, showcasing its versatility in applications such as emergency response and delivery services.

Axon Enterprise Inc. (NASDAQ:AXON) announced last fall new partnerships with Flying Lion, Pilot Institute, and The Regional Training Center, reinforcing Axon Air as a complete end-to-end drone platform for public safety. Axon Air, powered by DroneSense, offers a comprehensive drone solution for public safety. It enhances situational awareness and operational efficiency in challenging situations. The platform includes secure wireless live-streaming, automated flight logs and reporting, integrated evidence management, and fully remote operations for Drone as First Responder (DFR) programs. 

Kratos Defense & Security Solutions (NASDAQ:KTOS) announced in January it has received approximately $50 million in recent awards for products and hardware. These awards include support for Counter Unmanned Aerial System (CUAS), Air Defense, and Radar Systems. The total amount encompasses contracts and programs awarded to Kratos on a single award or sole source basis. Kratos is a leader in systems, hardware, and microwave electronics for CUAS, unmanned aerial drones, missiles, radars, and air defense systems. The company focuses on affordability, designing products for rapid, low-cost manufacturing at scale. Work under these awards will be conducted at secure Kratos manufacturing facilities and customer locations. 

Northrop Grumman Corp. (NYSE:NOC) and Diehl Defence GmbH & Co. KG signed a Memorandum of Understanding (MOU) to collaborate on innovative layered air and missile defense capabilities for Germany. Northrop Grumman‘s expertise in Integrated Air and Missile Defense (IAMD) and control capabilities, such as the U.S. Army’s Integrated Battle Command System (IBCS), complements Diehl’s ground-based air and missile defense systems, including IRIS-T SLM. This partnership aims to enable integration and interoperability with allied systems. The MOU allows the companies to leverage their expertise to explore advanced technologies that support the seamless integration of Germany’s air and missile defense systems. It also addresses the critical need for NATO and European allies to modernize their IAMD capabilities.

Knightscope’s Innovation Week (March 11-15) offered analysts, investors, supporters, and prospective clients an exclusive look at the company’s progress. This included a review of the foundational work of the past decade, the 2024 roadmap to profitability, and a discussion on shaping the future of public safety.

For more information about Knightscope, Inc. (NASDAQ:KSCP), click here.

Featured Image @ Freepik

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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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