A REIT Just Dipped Its Toe In Autonomous Security With New 'Robocop'-Like Firm

A 60-year-old real estate development, investment, and management firm with over 19,100 units under management in 19 U.S. states has signed a contract for Knightscope, Inc's KSCP K1 and K5 Autonomous Security Robots (ASRs).
Advanced security technology company Knightscope builds fully autonomous security robots that deter, detect, and report.
Similar to the RoboCop movie, which identifies and apprehends a criminal in the crowd, these security robots help remote monitoring from anywhere.
The new client provides residents with housing in all asset classes, particularly communities with affordable housing components, like the property in Atlanta, Georgia, where these two ASRs will be utilized.
Knightscope K5 is primarily an outdoor machine that runs 24/7, autonomously recharging itself without any human intervention. It is best suited for securing large outdoor spaces.
Knightscope K1 Hemisphere, a perfect entry point for commercial property owners as well as multi-family residential properties, has three cameras that provide 180-degree, eye-level, high-definition video, a strobe light, automatic license plate recognition, facial recognition, automated broadcast announcements, and intercom capability running on a 4G or 5G cellular network.
Price Action: KSCP shares are trading lower by 2.22% at $3.09 on the last check Thursday.
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