The NetworkNewsAudio News Podcast

NetworkNewsWire Editorial Coverage: Although some people may be surprised, today’s world is full of robots. While these electro-mechanical devices may not be in the form of a cyborg RoboCop, they’re already serving people in countless ways. Industrial robots are a primary application today, with the world becoming accustomed to, and even expecting, life-altering technologies as robots shuttle people around, perform surgeries, keep communities safe, and much more. A global market summary by the International Federation of Robotics showed the robot trend accelerating, with a record 517,000 new industrial robots installed in factories around the world in 2021, up 31% from 2020. A host of innovative companies — including Knightscope, Inc. (NASDAQ: KSCP) (Profile), Velodyne Lidar Inc. (NASDAQ: VLDR), Pacific Gas & Electric Co. (NYSE: PCG), NVIDIA Corporation (NASDAQ: NVDA) and Palantir Technologies Inc. (NYSE: PLTR) — are investing in, developing and deploying leading-edge technology that is proving the value of robots in everyday lives or increasing their long-term potential.  

• Approximately 2.7 million industrial robots were in use in 2020, creating a global market valued at $55 billion that is expected to reach $165 billion by 2028. 

• Knightscope robots have 1.8-plus million hours of operation, have been documented to deter criminal activity and have proven invaluable in convictions of crimes. 
• Knightscope completed its first acquisition in October, buying CASE Emergency Systems. 
• November has seen a surge of new orders, activations for Knightscope crime-fighting robots and CASE emergency phones. 

Click here to view the custom infographic of the Knightscope, Inc. editorial.