As the US grapples with ever-rising gun violence, public safety companies are stepping up with innovative solutions to catch perpetrators in their tracks. But according to recent studies, some of these systems are coming up short.

Tampa just renewed another contract for the controversial gunshot detection software owned by public safety technology company Sound Thinking (NASDAQ: SSTI), formerly ShotSpotter, reigniting debate about the system’s actual usefulness in crime detection and prevention. 

The decision to renew its contract, at a cost of $280,000 to cover a four-square-mile area in East Tampa, was not without controversy. Council member Lynn Hurtak, the lone dissenting voice, highlighted the inefficacy of the system by citing an alarming number of false alerts in Chicago, where around 40,000 ShotSpotter alerts resulted in dead-ends for police.

The ShotSpotter system’s effectiveness has been further questioned in other jurisdictions. In Kansas City, where ShotSpotter has been in use since 2012, a recent academic research project funded by the National Institute of Justice found that the technology did not significantly contribute to increased prosecutions of gun-related crime. Despite this, the Kansas City Board of Police Commissioners approved nearly $200,000 for a one-year renewal of ShotSpotter, indicating a commitment to the technology despite the study’s findings.

These concerns are not isolated. A May 2021 study by the MacArthur Justice Center in Chicago raised serious doubts about ShotSpotter’s touted 97% accuracy rate. The study revealed that 89% of ShotSpotter alerts in Chicago turned up no gun-related crime, and 86% resulted in no crime at all. This discrepancy between reported efficiency and actual performance has stirred skepticism about the technology’s reliability and its role in law enforcement.

Amidst the growing concerns over the effectiveness of ShotSpotter, advanced public safety technology company Knightscope, Inc. (NASDAQ:KSCP) just announced the launch of its Automated Gunshot Detection (AGD) system, which boasts capabilities that could potentially outperform those of ShotSpotter.

Revolutionizing Security with Automated Gunshot Detection

Knightscope‘s AGD system is designed for rapid response, capable of detecting a gunshot in less than 2 seconds. This swift detection is a significant improvement compared to ShotSpotter, which typically responds in under 60 seconds. In critical situations where every second counts, Knightscope’s faster detection could be the key to quicker law enforcement response and potentially more effective crime prevention and resolution.

What’s more, Knightscope‘s technology offers superior precision in locating a shooter. The AGD system can pinpoint the shooter’s location within a two-meter radius, a stark contrast to ShotSpotter’s 25-meter radius. This enhanced accuracy in determining the exact source of gunfire could prove invaluable in urban environments, where every meter can make a difference in effectively identifying and apprehending a suspect.

The AGD systems, designed for both indoor and outdoor environments, are available as stand-alone sensors that can be easily mounted to existing structures or with the optional pole-mounting kit and solar power for increased installation flexibility. Knightscope, Inc. (NASDAQ:KSCP) clients will soon have the option to include AGD with new K1 Blue Light Tower orders or upgrade the existing 7,000 devices deployed nationwide.

Knightscope‘s introduction of such advanced technology into the market comes at a crucial time. With cities like Tampa and Kansas City evaluating the effectiveness of their current gunshot detection systems, the need for more accurate and responsive technology is clear. 

For those interested in learning more about Knightscope‘s innovative projects, additional information can be found on the website of Knightscope, Inc. (NASDAQ:KSCP).

Featured Image @ Knightscope

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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) Knightscope, Inc.’s ability to enter into contractual arrangements with additional Pharmacies; (e) the accuracy of budgeted costs and expenditures; (f) Knightscope, Inc.’s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) 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.

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