AI chip giant Nvidia is aiming to bring “physical AI” into hospitals, envisioning a future where robots handle tasks like X-rays, linen delivery, and patient monitoring. Through a number of strategic investments and partnerships in digital health and biotech, Nvidia is integrating AI into healthcare, blending physical robots with digital health solutions. According to Nvidia’s VP of Healthcare Kimberly Powell, healthcare will need “a couple of years” to fully embrace physical AI, but with key components already being adopted, that transformation could be closer than we think. This move comes at a time when AI and robotics are revolutionizing industries across the board, with companies like Nvidia Corporation (NASDAQ:NVDA), Knightscope, Inc. (NASDAQ:KSCP), Intuitive Surgical (NASDAQ:ISRG), Serve Robotics (NASDAQ:SERV) and RTX Corporation (NYSE:RTX) leading the charge with groundbreaking applications of AI robotics.
Knightscope, Inc. (NASDAQ:KSCP) is a Silicon Valley-based security technology innovator that develops fully autonomous security robots and emergency communication systems designed to deter, detect, and report incidents in real time. With their subscription-based Machine-as-a-Service (MaaS) model, Knightscope’s Autonomous Security Robots (ASRs) have already seen success patrolling a range of environments, including healthcare facilities, corporate campuses, shopping centers, and public spaces, providing 24/7 surveillance and enhanced situational awareness in high-traffic and sensitive areas.
Knightscope just announced 14 new sales, 10 client renewals, and 4 new security robot deployments across the U.S. in 11 states including California, Texas, and Virginia. These deployments reflect growing demand for security in sectors like corporate campuses, colleges, and local governments.
The 14 new sales include three clients expanding their existing contracts, while 10 clients renewed contracts, highlighting strong trust and satisfaction with Knightscope’s services. The company’s latest K5 Autonomous Security Robots were deployed in four new locations, enhancing safety through real-time public safety information.
On November 13, Knightscope’s Robot Roadshow will visit Quantum Park in Ashburn, VA, from 2:00 to 5:00 pm ET. This event, hosted by Verizon Frontline, will feature live demos of Knightscope’s robots and other safety technology. Visitors can interact with the robots, explore emergency communication tools, and learn about gunshot detection systems.
Building on its success in healthcare security, Knightscope, Inc. (NASDAQ:KSCP) also just announced two new service contracts for its Full Service Maintenance Plan (FSMP) with healthcare clients in New York and Connecticut. These contracts cover Knightscope’s emergency communication devices, or E-Phones, which are part of the company’s K1 suite designed to enhance safety across hospital campuses.
With challenges like mental health issues, drug dependency, and violent crime impacting healthcare environments, these facilities require reliable security solutions around the clock. Knightscope’s FSMP ensures that E-Phones and other critical communication systems remain fully operational, offering healthcare providers peace of mind with 24/7 access to support and maintenance.
Click here for more information about Knightscope (NASDAQ:KSCP).
Advances in Robotics and Sustainable Technology Signal Industry Shifts
Serve Robotics Inc. (NASDAQ:SERV) recently unveiled its third-generation autonomous delivery robot, an advanced model built to support national scaling with Uber Eats across the US. Designed to be faster, smarter, and more efficient, the new robots cut manufacturing costs by half while enhancing autonomy, safety, and performance. Equipped with Nvidia’s Jetson Orin module for advanced AI-driven navigation, Ouster’s REV7 lidar, and an upgraded sensor suite, these robots can travel farther and operate longer on a single charge. They also feature a larger cargo bin, improved suspension, and increased water resistance for reliable performance in various weather conditions.
Intuitive Surgical (NASDAQ:ISRG), a leader in robotic-assisted surgery, just announced its third quarter 2024 results, reporting strong growth, with revenue rising 17% year-over-year to $2.04 billion, driven by an 18% increase in worldwide da Vinci procedures. The company placed 379 da Vinci systems, including 110 of the latest da Vinci 5 models, expanding its global installed base to 9,539 systems—up 15% from last year. Net income for the quarter reached $565 million, or $1.56 per share, marking a 36% increase over Q3 2023. Intuitive also secured regulatory clearance in South Korea for the da Vinci 5 system, broadening its reach in minimally invasive procedures across multiple medical specialties.
Nvidia Corporation (NASDAQ:NVDA) just announced its ambitious push into healthcare with plans to bring “physical AI” to hospitals. The tech giant aims to integrate robotics into healthcare settings, envisioning a future where AI-powered robots assist with tasks such as X-rays, patient monitoring, and delivery of essential supplies. Nvidia’s strategy includes partnerships with healthcare providers and investments in digital health and biotech startups, as well as advancements in large language models and digital twins to simulate hospital environments.
RTX Corporation (NYSE:RTX) recently announced that its subsidiary, Pratt & Whitney Canada, has completed a series of emission and contrail measurement flights in collaboration with Deutsche Aircraft, testing synthetic Fischer-Tropsch fuel in Deutsche’s D328® UpLift aircraft. This achievement marks a milestone in sustainable aviation as both companies prepare for Deutsche’s next-generation D328eco aircraft, set to debut in 2027 and designed to run on 100% Sustainable Aviation Fuel (SAF) using Power-to-Liquid (PtL) technology. Conducted in partnership with the German Aerospace Center, the tests confirmed that synthetic fuel can deliver the same performance as conventional kerosene, positioning SAF as a key tool in the aviation industry’s drive toward net-zero emissions by 2050.
Knightscope, Inc. (NASDAQ:KSCP) announced in October new Full Service Maintenance Plan (FSMP) contracts with healthcare clients in Connecticut and New York, supporting enhanced safety and reliable communication for facilities. The FSMP covers Knightscope’s K1 devices, crucial for security in high-risk areas, ensuring 24/7 operational efficiency and client satisfaction.
Click here for more information about Knightscope, Inc. (NASDAQ:KSCP).
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 outlined 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. was paid $1,500 for the production and publishing of this article by Knightscope, Inc.’s Digital Marketing Agency of Record (Native Ads Inc.). Additional details relating to Market Jar Media Inc.’s engagement by Knightscope, Inc.’s Digital Marketing Agency of Record (Native Ads Inc.) are set out in https://pressreach.com/disclaimer-kscp.
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. All investments carry risk and each reader is encouraged to consult with his or her individual financial professional. 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) the accuracy of budgeted costs and expenditures; (e) Knightscope, Inc.’s ability to attract and retain skilled personnel; (f) political and regulatory stability; (g) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (h) changes in applicable legislation; (i) stability in financial and capital markets; and (j) 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.