Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries San Francisco Voters Approve Police Use of Drones By: PressReach March 14, 2024 at 09:52 AM EDT 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 Disclosure: 1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector. 2) The Article was issued on behalf of and sponsored by, Knightscope, Inc. Market Jar Media Inc. has or expects to receive from Knightscope, Inc.’s Digital Marketing Agency of Record (Native Ads Inc.) up to seventy six thousand USD for each 30 day (22 business day) period of campaign duration which is anticipated to be up to 365 calendar days (254 business days). 3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. Market Jar has not independently verified or otherwise investigated all such information. None of Market Jar or any of their respective affiliates, guarantee the accuracy or completeness of any such information. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy. 4) The Article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.’s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on PressReach.com should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on PressReach.com. 5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article. 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. 8) Investing is risky. The information provided in this article should not be considered as a substitute for professional financial consultation. Users should be aware that investing in any form carries inherent risks, and as such, there is a possibility of losing some or all of their investment. The value of investments can fluctuate significantly within a short period, and investors must understand that past performance is not indicative of future results. Additionally, users should exercise caution as transactions involving investments may be irreversible, even in cases of fraud or accidental actions. It is crucial to acknowledge that rapidly evolving laws and technical issues can have adverse effects on the usability, transferability, exchangeability, and value of investments. Furthermore, users must be cognizant of potential security risks associated with their investment activities. Individuals are strongly encouraged to conduct thorough research, seek professional advice, and carefully evaluate their risk tolerance before engaging in any investment endeavors. Market Jar Media Inc. is neither an investment adviser nor a broker-dealer. The information presented on the website is provided for informative purposes only and is not to be treated as a recommendation to make any specific investment. No such information on PressReach.com constitutes advice or a recommendation. Read more investing news on PressReach.com.Subscribe to the PressReach RSS feeds:Featured News RSS feedInvesting News RSS feedDaily Press Releases RSS feed Trading Tips RSS feed Investing Videos RSS feed Follow PressReach on Twitter Follow PressReach on TikTok Follow PressReach on Instagram Subscribe to us on Youtube Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
San Francisco Voters Approve Police Use of Drones By: PressReach March 14, 2024 at 09:52 AM EDT 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 Disclosure: 1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector. 2) The Article was issued on behalf of and sponsored by, Knightscope, Inc. Market Jar Media Inc. has or expects to receive from Knightscope, Inc.’s Digital Marketing Agency of Record (Native Ads Inc.) up to seventy six thousand USD for each 30 day (22 business day) period of campaign duration which is anticipated to be up to 365 calendar days (254 business days). 3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. Market Jar has not independently verified or otherwise investigated all such information. None of Market Jar or any of their respective affiliates, guarantee the accuracy or completeness of any such information. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy. 4) The Article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.’s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on PressReach.com should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on PressReach.com. 5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article. 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. 8) Investing is risky. The information provided in this article should not be considered as a substitute for professional financial consultation. Users should be aware that investing in any form carries inherent risks, and as such, there is a possibility of losing some or all of their investment. The value of investments can fluctuate significantly within a short period, and investors must understand that past performance is not indicative of future results. Additionally, users should exercise caution as transactions involving investments may be irreversible, even in cases of fraud or accidental actions. It is crucial to acknowledge that rapidly evolving laws and technical issues can have adverse effects on the usability, transferability, exchangeability, and value of investments. Furthermore, users must be cognizant of potential security risks associated with their investment activities. Individuals are strongly encouraged to conduct thorough research, seek professional advice, and carefully evaluate their risk tolerance before engaging in any investment endeavors. Market Jar Media Inc. is neither an investment adviser nor a broker-dealer. The information presented on the website is provided for informative purposes only and is not to be treated as a recommendation to make any specific investment. No such information on PressReach.com constitutes advice or a recommendation. Read more investing news on PressReach.com.Subscribe to the PressReach RSS feeds:Featured News RSS feedInvesting News RSS feedDaily Press Releases RSS feed Trading Tips RSS feed Investing Videos RSS feed Follow PressReach on Twitter Follow PressReach on TikTok Follow PressReach on Instagram Subscribe to us on Youtube
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 Disclosure: 1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. 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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. 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