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Verizon partners with Knightscope to power connectivity for advanced public safety tech
KSCPKnightscope(KSCP) GlobeNewswire News Room·2024-11-13 21:00

Core Insights - Verizon Business has partnered with Knightscope to enhance safety at commercial and government facilities through the deployment of autonomous security robots and emergency communication devices [1][5] - The Knightscope K5 security robot has received a FedRAMP Moderate Authority to Operate designation, indicating its compliance with security standards [2] - Verizon aims to integrate 5G technology into the K5 ASR, enhancing its capabilities for real-time data transmission and monitoring [3] Company Developments - The K5 ASR operates autonomously in large outdoor spaces and is designed to function in extreme weather conditions, providing continuous surveillance [3] - Verizon also supports Knightscope's K1 Blue Light Tower and E-Phones, which are wireless emergency communication devices that operate independently and assist first responders [4] - The partnership with Knightscope is part of Verizon's broader strategy to serve the U.S. Department of Veterans Affairs, including a 448.3millionexpansiontosupplymobiledevicesandcriticalcommunicationssupport[5]FinancialPerformanceVerizongeneratedrevenuesof448.3 million expansion to supply mobile devices and critical communications support [5] Financial Performance - Verizon generated revenues of 134.0 billion in 2023, showcasing its strong market position and commitment to innovation [6]