Disseminated on behalf of Knightscope, Inc.

The Midwest Emerges as the Robot Capital of America

image1 1 The Midwest Emerges as the Robot Capital of America

Robots are poised to revolutionize the way economies function, akin to the transformations brought about by the internet and electricity. But their impact is likely to be uneven across different regions, especially in the short to medium term. 

According to a recent report by the National Bureau of Economic Research, a staggering 75% of the robots in America are concentrated in merely 10% of the regions, as delineated by the Office of Management and Budget. Conversely, the lower half of these regions have scarcely any robots at all.

The study unveils that states including Iowa, Michigan, Kansas, Wisconsin, and Minnesota are at the forefront of using robots in manufacturing. This is a critical advancement, as robots are set to redefine economic structures, mirroring the groundbreaking changes initiated by the introduction of the internet and electricity. The effect of this rise in robotics, however, may differ substantially across various geographical locations.

The information came from analyzed census data and surveyed roughly 35,000 manufacturers, shedding light on the localized trends in robotics adoption. A key insight was discovered: rather than supplanting human production workers, robots tend to work alongside them. Furthermore, businesses utilizing robots often sustain a larger human workforce, albeit at typically lower wages.

A noteworthy phenomenon is the emergence of robot clusters, where neighboring companies in manufacturing hubs adopt robots at higher rates. This trend is facilitated by the presence of “robot integrators,” specialized businesses aiding companies in acquiring and installing robots. Regions with at least one integrator are significantly more likely to become robotic hubs compared to those without such support, according to the report.

It isn’t just warehouses and factories that are utilizing robots. Security robots are becoming more and more popular across the US to help fight rising crime rates across the country. By 2030, the global security robot market is expected to reach US$31.08 billion, rising at a CAGR of 12.8%. 

Among the companies delivering new technologies to the market is Knightscope, Inc. (NASDAQ:KSCP),  an advanced security technology company based in the heart of Silicon Valley that builds fully autonomous security robots (ASRs) that deter, detect and report. 

Enhancing Security Through Robotics

Established in 2013, Knightscope, Inc. (NASDAQ:KSCP) stands as a prominent company at the forefront of security robot development with a focus on developing fully autonomous security robots, blue light emergency communication systems, and automated gunshot detection solutions. The company has leveraged four key technologies (autonomy, robotics, artificial intelligence, and EV technology) to create its unique tech, which has been operating in real world conditions for over 2.3 million hours of field operation to date.

A significant milestone for Knightscope is its acquisition of CASE Emergency Systems in 2022, enhancing its capabilities and contributing to substantial top-line revenue growth. The company has cultivated an impressive clientele, boasting associations with distinguished entities like the New York Police Department (NYPD), New York City Fire Department (FDNY), San Luis Obispo Council of Governments (SLOCOG), and the Orange County Transportation Authority (OCTA).

Since the beginning of the year, Knightscope has inked several major deals across the country, including a $1.25 million contract with Rutgers, The State University of New Jersey for 145 devices, and a pilot contract with the New York Police Department (NYPD) for a K5 robot to patrol a Manhattan subway station.

Most recently, Knightscope unveiled a fresh deployment initiative in partnership with a property management group situated in Chicago. The deployment involves a K5 Autonomous Security Robot (ASR), which has taken up patrolling duties within a mixed-use facility housing both retail establishments and professional tenants. This strategic move marks Knightscope‘s second deployment in Chicago, targeting an area grappling with escalated levels of crime, trespassing, vehicle break-ins, and catalytic converter thefts. The deployment signifies a resolute step towards enhancing security and curbing criminal activities within the region.

The company also achieved a significant milestone by successfully deploying its first two K1 Hemisphere ASR in Hawaii. This deployment marks the pivotal final phase of product development – client testing. The company has entered into a comprehensive evaluation phase with its esteemed client, a globally recognized brand specializing in full-service hotels and resorts. 

The deployment of a K5 in Ohio has also garnered national attention.

For more information on Knightscope, Inc. (NASDAQ:KSCP) and the projects it is working on, visit this link or learn more about the Rise of the Robots at the company’s official website.

Featured Image @ Depositphotos


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