The $230 billion physical security market is stuck in a decades-old deadlock¹. No single provider has ever delivered automation and accountability under one roof. Until now.

Every few decades, an industry reaches a breaking point.

Costs spiral out of control. Performance falls apart. And no matter how much money gets thrown at the problem, nothing actually changes.

That moment has arrived for American security.

Right now, businesses are paying between $25 and $65 per hour for security guards. That adds up to $220,000 to $570,000 per year just to cover a single location around the clock.

Police departments spend $438,000 to $1.3 million per year for 24/7 coverage at a single post².

And what do they get for it?

Cameras sit unmonitored – out of the tens of millions of surveillance cameras across the US, less than 2% are watched live. Most security infrastructure isn’t even monitored. Guards, cameras, sensors, and software all operate in silos. No one owns accountability from end to end.

Security spending keeps rising. But safety outcomes keep falling behind.

The system isn’t just inefficient. It’s broken.

And the cost of that failure touches every corner of American life.

Here’s why this matters for investors right now.

The same forces that have driven every major tech disruption in history are now hitting a $230 billion market that has barely seen real innovation.

Today, America relies on roughly 800,000 sworn law enforcement officers and 1.3 million security guards to keep people safe³.

All of it is human-centric. All of it is fragmented. All of it is reactive.

And hiring more people won’t fix it.

Technology alone can’t replace humans. But humans alone can’t scale. Cameras detect but don’t decide. Sensors alert but don’t respond. Most systems only get reviewed after something has already gone wrong. “You have a million cameras, and you are blind.”

The industry is stuck in a deadlock.

Security buyers don’t buy technology. They buy accountability. And for decades, no single company has been able to deliver both automation and end-to-end accountability under one roof.

Guard firms can’t scale. Tech-only vendors get disqualified from RFPs before they’re even evaluated. And the burden of sorting it all out always falls back on the client.

Until now.

A Silicon Valley security innovator publicly traded on Nasdaq, is building something that has never existed before.

The nation’s FIRST Autonomous Security Force.

A fully managed service that combines autonomous robots, AI-driven software, and augmented security agents into one integrated operation. A system that deters, detects, and responds to threats in real time. A platform that owns and manages outcomes for its clients, not just sells them another piece of a broken puzzle.

With approximately 10,000 machines already deployed nationwide, that company is Knightscope, Inc. (NASDAQ: KSCP).

And what is happening right now at Knightscope, Inc. (NASDAQ: KSCP) may represent one of the most compelling early-stage opportunities in the entire autonomous technology space.

Eight Consecutive monthly milestones exceeding $1 million in new sales⁴. Twenty-four percent year-over-year revenue growth⁵. A next-generation K7 product platform to begin deployment in the second half of 2026. And a newly retained acquisition advisor targeting cash-flowing security businesses as deployment channels for the Autonomous Security Force⁷.

Knightscope, Inc. (NASDAQ: KSCP) is no longer building toward its inflection point.

It has arrived.

The World Is About to Deploy Its First Autonomous Security Force

The shift has already started.

Autonomous machines are moving out of warehouses and factories and into the real world. AI is getting faster at detecting and responding to threats in real time. And the cost of deploying technology keeps falling while the cost of hiring humans keeps rising.

The direction of travel is clear.

The future of physical security will be built around more than one million autonomous machines supporting elite human teams. Always orchestrated. Always on. Never tired. Never distracted.

That is not a prediction. It is an inevitability.

The question for investors is not whether this shift is coming. It is who is going to lead it.

Because building the future of security is not as simple as deploying robots. The machines need to be connected. The data needs to be analyzed. Alerts need to be verified and acted on. And someone needs to own the outcome when something goes wrong.

That is a much harder problem to solve than most people realize.

It requires hardware, software, and humans working together as one integrated system.

Only one company in America is building all three under one roof.

Knightscope, Inc. (NASDAQ: KSCP) calls it the Autonomous Security Force. And it may be the most important development in physical security in a generation.

Meet the Company Building the Nation’s First Autonomous Security Force

Knightscope was founded in 2013 with a mission that has never changed.

To make the United States of America the safest country in the world.

That is not a marketing slogan. It is the foundation of every product the company builds, every contract it signs, and every machine it puts in the field.

Knightscope, Inc. (NASDAQ: KSCP) is a security technology innovator headquartered in Silicon Valley. It is building something that has never existed before in this country. A fully managed security service that uniquely combines autonomous robots, AI-driven software, and augmented security agents into one integrated operation.

Not a camera company. Not a guarding company. Not a software platform.

All three. Under one roof. Fully managed.

This is what Knightscope, Inc. (NASDAQ: KSCP) calls the Autonomous Security Force. And it is the only security solution in America that checks all six boxes that security buyers actually require.

Traditional guard firms can patrol and monitor. But they cannot scale and they cannot automate. Technology-only vendors can deploy robots. But they get disqualified from RFPs the moment a client asks who is accountable when something goes wrong.

Knightscope, Inc. (NASDAQ: KSCP) does not have that problem.

It plans to compete head to head with the largest guarding firms in the country. It wins RFPs that technology-only vendors cannot even enter. And it deploys its autonomous machines immediately across every contract it wins, replacing static human posts over time as the technology proves itself.

Guards are not the destination. They are the deployment catalyst for autonomy.

This is a deliberate strategy. And it is a smart one.

By entering the market as a full-service managed security provider, Knightscope, Inc. (NASDAQ: KSCP) gets a foot in the door at organizations that would never consider a technology-only vendor. Once inside, it begins replacing the most expensive and least effective parts of the security operation with autonomous machines.

The client gets better outcomes at lower cost. The company grows its recurring revenue. And the machines get smarter with every hour of deployment.

With approximately 10,000 machines already in network and deployments spanning healthcare, higher education, commercial real estate, manufacturing, retail, local government, and residential communities, the foundation is already in place.

Built in America. Designed to secure America.

A Business Model Built to Compound Over Time

Most security companies sell a product and move on.

Knightscope, Inc. (NASDAQ: KSCP) built something different from day one.

Instead of selling robots, the company offers security as a fully managed service. This concept of a managed service provider has been proven to work in Information Technology (IT). Clients pay a recurring subscription fee and get autonomous machines, AI-driven software, and human oversight all bundled into one integrated operation. No large capital outlay. No fragmented vendors to manage. Just a single provider that owns the outcome.

This is the Machine-as-a-Service model (MaaS). And it is one of the most important structural advantages the company has.

Every machine deployed in the field generates predictable recurring revenue. Every renewal deepens the client relationship. Every new deployment expands the base. The longer a client stays, the more embedded the technology becomes. And the more embedded the technology becomes, the less likely a client is to leave.

Recurring revenue for a recurring societal problem.

But here is what makes the model even more compelling for investors.

The economics get better over time. Not just incrementally. Materially.

Knightscope, Inc. (NASDAQ: KSCP) has mapped out a clear three-phase path to margin expansion.

• • • In Phase 1, the company enters new contracts with a guard-heavy model. This generates immediate revenue and wins RFPs that technology-only vendors cannot even enter. The cash flow from guarding helps offset the cost of hardware investment.
    • In Phase 2, autonomous machines begin replacing the most expensive static human posts within those same contracts. Revenue per site increases. The ratio of technology to human labor shifts. Margins begin to expand as software-driven services make up a larger share of the revenue mix.
    • In Phase 3, robot density per site increases further. Operations become software-driven. Fewer humans are needed per contract. And margins expand materially.

The client gets better outcomes at lower cost over time. Knightscope, Inc. (NASDAQ: KSCP) gets a business that scales without a proportional increase in headcount.

That is not a common combination. And it is exactly what long-term investors look for.

With approximately 10,000 machines already in the network and at least eight consecutive months of $1 million or more in new sales and renewals, the foundation of that compounding model is already being built.

The machines are in the field. The subscriptions are renewing. And the path to margin is not theoretical.

It is already underway.

The Proof Is Already in the Field

Talk is cheap in the investment world.

What matters is execution and Knightscope, Inc. (NASDAQ: KSCP) has been delivering it consistently.

Here is what the numbers actually show.

Revenue Is Growing

In the third quarter of 2025, Knightscope, Inc. (NASDAQ: KSCP) reported $3.1 million in revenue, up 24% from the same period a year earlier¹⁵.

Sales Momentum Has Become a Monthly Habit

Starting in April 2025 and running through December 2025, Knightscope, Inc. (NASDAQ: KSCP) has exceeded $1 million in new contracts, renewals, and expansions every single month¹⁶. Eight consecutive months. Across healthcare, higher education, commercial real estate, manufacturing, solar facilities, local government, casinos, and residential communities.

The Balance Sheet Is Stronger Than It Has Ever Been

As of September 30, 2025, Knightscope, Inc. (NASDAQ: KSCP) held $20.4 million in cash, a $15.2 million improvement from the prior year¹⁷. Year to date the company raised approximately $32.7 million through its at-the-market offering and direct registration transactions.

The leadership team has been direct about what that means for the road ahead. As Chairman and CEO William Santana Li stated following the Q3 2025 results:

That next phase is already visible in the numbers.

Clients Are Diversified 

The client base today spans nearly every major sector of the American economy. Healthcare networks expanding coverage across campuses. Universities are increasing deployments for student safety. Industrial manufacturers, casinos, solar facilities, semiconductor testing centers, and local governments all renewing subscriptions year after year.

That kind of diversification matters. It means no single sector can slow the company down. And the renewal rates across those verticals signal something even more important¹⁸.

Once organizations deploy Knightscope, Inc. (NASDAQ: KSCP)’s technology, they tend to stay.

The Technology Behind the Autonomous Security Force

Most security companies sell you a piece of the puzzle.

A camera here. A software platform there. A guard company somewhere else.

Knightscope, Inc. (NASDAQ: KSCP) built the whole puzzle. Hardware, software, and humans working together as one fully integrated operation.

Here is what that looks like in practice.

Hardware: The Machines in the Field

The current fleet is already deployed and operational across the country.

The K5 Autonomous Security Robot is the workhorse of the existing fleet. It patrols indoor and outdoor environments around the clock, equipped with 360 degree perception, sensor fusion, and AI-driven anomaly detection. It deters, detects, and reports in real time without ever taking a break.

The K1 product family covers emergency communication. The K1 Blue Light Tower, K1 Call Box, and K1 Hemisphere are deployed across universities, hospitals, government facilities, transit hubs, and public spaces nationwide. These are not passive devices. They are active, connected nodes in a broader security network that feeds data back into the Knightscope platform in real time.

What Is Coming in the Second Half of 2026

The next generation of the platform is where things get significantly more exciting.

The all-new K7 Autonomous Security Robot is designed for large outdoor environments that traditional security systems simply cannot cover¹⁹. Miles of fence lines. Logistics yards. Solar farms. Industrial complexes. Critical infrastructure. Defense installations.

The K7 combines light-duty off-road capability with Knightscope’s full suite of AI-powered detection, deterrence, and reporting technology. It can go where no camera and no human patrol can match.

The all-new K1 Capsule is a next generation emergency communication device designed to bring Knightscope’s connected safety network into environments that need a more compact and versatile form factor.

The all-new K1 Super Tower takes the blue light concept to an entirely new level. A commanding, highly visible emergency communication presence designed for large open spaces, campuses, and critical facilities.

All three are integrated with the next generation Signals software platform and slated for limited production beginning in the second half of 2026²⁰.

Software: The Brain of the Operation

The Signals command and control platform is what ties everything together.

It fuses data from every machine in the network. It prioritizes alerts so human operators are not drowning in noise. It orchestrates escalation and response workflows through the use of AI agents. And it gets smarter with every hour of operation across every machine in the fleet.

This is not a passive monitoring dashboard. It is an active intelligence layer that turns thousands of data points into actionable security decisions in real time.

Humans: The Final Layer

Autonomous technology is powerful. But it is not infallible.

That is why Knightscope, Inc. (NASDAQ: KSCP) keeps humans in the loop by design.

The RTX remote monitoring team verifies events, manages edge cases, and executes escalation workflows around the clock. Augmented Security Agents (ASA) bring licensed guarding capability to every contract, allowing the company to compete for and win RFPs that technology-only vendors cannot touch.

Humans interpret ambiguity. Humans take accountability. And humans answer the phone at 3am when something goes wrong.

The machines handle the scale. The software handles the intelligence. And the humans handle the judgment.

Together, they are the Autonomous Security Force.

Two Engines Driving the Next Phase of Growth

Most companies have one way to grow.

Knightscope, Inc. (NASDAQ: KSCP) has two. And they are designed to work together.

Engine One: The New Technology Platform

The K1 product family, the K7 Autonomous Security Robot, and the Signals software platform represent the most significant product leap in the company’s history.

Together they form a scalable, repeatable autonomous security platform that can be deployed across multiple sites simultaneously, managed remotely, and improved continuously through AI and real-world operational data.

The economics of this platform are fundamentally different from anything the security industry has seen before.

As more machines go into the field, the software becomes more intelligent. As the software becomes more intelligent, fewer humans are needed per site. As fewer humans are needed per site, margins expand. And as margins expand, the company can deploy more machines faster.

Platform scale without proportional headcount growth.

That is the flywheel. And the K7 launch in the second half of 2026 is the moment it starts spinning faster²¹.

The K7 opens markets that the current fleet simply cannot address. Critical infrastructure. Defense installations. Logistics yards. Solar and wind farms. Industrial complexes spanning thousands of acres. These are environments where human patrol is impractical, fixed cameras are insufficient, and the demand for autonomous coverage is growing rapidly.

Every new market the K7 unlocks is another layer of recurring revenue sitting on top of the existing base.

Engine Two: Strategic Acquisitions

The second growth engine is just as important. And it just got a major upgrade.

In February 2026, Knightscope, Inc. (NASDAQ: KSCP) retained Lake Street Capital Markets as its exclusive buy-side financial advisor²². Their mandate is clear. Identify and acquire profitable, cash-flowing guarding businesses that can serve as immediate deployment channels for the Autonomous Security Force.

This is a brilliant strategic move for three reasons.

First, it solves the RFP problem instantly. Security contracts are written for licensed guarding providers with end-to-end accountability. By acquiring established guarding companies, Knightscope, Inc. (NASDAQ: KSCP) walks into those RFPs fully qualified from day one.

Second, it generates immediate revenue. These are not turnaround projects. The target acquisitions are profitable businesses with existing client bases and steady cash flow. They add revenue from the moment the deal closes.

Third, and most importantly, every acquired guarding company becomes a deployment channel for autonomous machines. Human guards become Augmented Security Agents. Static posts get replaced by robots over time. And the economics of the acquired business transform from a labor-heavy cost structure into a technology-driven margin expansion story.

Guards are not the destination. They are the deployment catalyst for autonomy.

Two growth engines. One mission. And a strategy that gets more powerful the further it goes.

Knightscope, Inc. (NASDAQ: KSCP) is not waiting for the market to come to it.

It is going to get it.

How Does the Market Value Compare? The Numbers Tell a Striking Story.

One of the most powerful ways to evaluate any investment opportunity is to look at how the market values comparable companies in the same space.

When you line up Knightscope, Inc. (NASDAQ: KSCP) against its peers in the physical security and public safety technology sector, something immediately stands out.

The gap is significant. And the context makes it even more striking.

Evolv Technologies, a company that makes AI-based weapons detection screening systems, carries a market cap of nearly $1 billion. It does one thing. It detects weapons at entry points. It does not patrol. It does not respond. It does not own end-to-end accountability.

Knightscope, Inc. (NASDAQ: KSCP) does all of that and more, at a fraction of the valuation.

NAPCO Security Technologies, a maker of traditional alarm systems, access control, and door locks, carries a market cap of approximately $1.5 billion. Its products are largely passive. They alert. They do not act.

Axon Enterprise, widely considered the gold standard for public safety technology, has built a $34 billion business around body cameras, TASER devices, and digital evidence management software for law enforcement.

Knightscope, Inc. (NASDAQ: KSCP) is building the autonomous equivalent for physical security. A platform that patrols, detects, responds, and documents. In real time. Around the clock. Across every environment where people live, work, study, and visit.

With an estimated $11 million in 2025 revenue, a 24% year-over-year growth rate, and a next generation product platform set to unlock entirely new markets in the second half of 2026, the current market cap of approximately $41 million may not reflect where this company is headed.

The market has not yet caught up.

The Market Opportunity Is Almost Too Big to Ignore

Some markets are large. Some markets are growing. And some markets are both.

The physical security market is all of the above.

Knightscope, Inc. (NASDAQ: KSCP) is targeting an estimated $230 billion total addressable market. And it spans virtually every sector of the American economy.

Think about that number for a moment.

This is not a niche opportunity. This is not a single vertical or a single geography. This is a market that touches every place where people live, work, study, and visit. And security is not discretionary spending. It is a legal requirement, a liability concern, and a fundamental operational necessity for almost every organization in the country.

Recurring revenue for a recurring societal problem²⁴.

Here is how that $230 billion breaks down across the eight verticals Knightscope, Inc. (NASDAQ: KSCP) is actively targeting.

Public Safety and Government: $57 Billion Law enforcement agencies, correctional facilities, border security, military bases, and critical government infrastructure. This is the largest single vertical in the market and one where the demand for autonomous solutions is growing fastest.

Retail and Hospitality: $38 Billion Shopping malls, casinos, hotels, stadiums, event venues, and parking structures. These are high-traffic, high-visibility environments where deterrence matters as much as detection.

Critical Infrastructure: $37 Billion Energy and utilities, telecommunications, water and wastewater facilities, and seaports. These are exactly the kinds of large, remote, hard-to-patrol environments that the K7 was specifically designed to protect.

Enterprise: $34 Billion Corporate campuses, industrial and manufacturing facilities, logistics and warehousing, commercial real estate, and data centers. Many of these clients are already in the Knightscope network and renewing year after year.

Education: $21 Billion K-12 schools, colleges, universities, and research facilities. Campus safety has become one of the most urgent priorities in American public life and one of the strongest growth areas in the Knightscope portfolio.

Transit and Smart Cities: $20 Billion Airports, rail and transit hubs, parks, public spaces, and smart city surveillance networks. Urban environments where the scale of coverage required makes autonomous solutions not just attractive but essential.

Residential and Community Security: $18 Billion Apartments, condominiums, homeowner associations, gated communities, and mixed-use developments. One of the fastest-growing deployment verticals in the current Knightscope client base.

Healthcare: $7 Billion Hospitals and medical centers where around the clock security, emergency communication, and rapid response are not optional.

The Opportunity in Context

The infrastructure is built. The technology is proven. The client base is growing and diversifying. And the product pipeline launching in the second half of 2026 is designed to unlock markets the current fleet cannot yet reach.

The runway ahead is extraordinarily long.

The Team Behind the Mission

Great technology needs great leadership.

Knightscope, Inc. (NASDAQ: KSCP) is led by a team that has built, financed, and scaled complex operations before. They are not learning on the job. They are applying decades of hard-won experience to one of the most important problems in America today.

The Board of Directors

The board brings a rare combination of technology, defense, finance, and robotics expertise.

This is not a team assembled for a press release. It is a team assembled to win.

The Window Is Open. But It Will Not Stay That Way.

Every major technology wave has a moment.

A moment when the technology is proven but the market has not fully caught on. When the revenue is real but the valuation has not caught up. When the early investors who pay close attention are rewarded and everyone else spends the next decade wishing they had.

This is that moment for physical AI and autonomous security.

Knightscope, Inc. (NASDAQ: KSCP) has spent more than a decade building toward this inflection point. The machines are in the field. The clients are renewing. The revenue is growing. The product pipeline is about to expand the addressable market significantly. And the acquisition strategy is designed to accelerate everything.

A market cap of approximately $41 million. A next generation platform launching in the second half of 2026.And a $230 billion total addressable market

The math speaks for itself.

Security is not going away. Crime is not going away. And the demand for smarter, faster, more accountable protection is only going to grow. Knightscope, Inc. (NASDAQ: KSCP) is the only company in America positioned to deliver all of it under one roof.

The infrastructure is built. The momentum is real. And the market is just beginning to wake up.

To learn more about Knightscope, Inc. (NASDAQ: KSCP) and access the full investor presentation, subscribe here.