Business
It’s Time to Fight Back - Knightscope Launches School Safety Grant Program
Public Safety Technology Innovator Drives Nationwide Fundraiser Placing Safety of Schools, Children and Teachers First MOUNTAIN VIEW, Calif.--(BUSINESS
About this update from Knightscope, Inc.
[{"type":"text","content":"\nPublic Safety Technology Innovator Drives Nationwide Fundraiser Placing Safety of Schools, Children and Teachers First\n\n\n MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--\nKnightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), a leading developer of autonomous security robots and blue light emergency communication systems, today launched its School Safety Grant Program – a project that empowers everyone to promote safer learning environments in K-12 schools.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230913445466/en/Knightscope Launches School Safety Grant Program - Nationwide Fundraiser Places Safety of Schools, Children and Teachers First (Graphic: Business Wire)\nViolence, harassment, threats against students, teachers and school staff all negatively impact the ability for children to obtain a quality education in a safe environment. While creating a supportive school culture is the first line of defense, security technologies provide an extra layer of deterrence and protection from those intent on doing harm.\n\n\nAccording to market-research company, Omdia, schools and colleges in the United States spent $2.7 billion on security products and services in 2017 compared to an estimated $3.1 billion in 2021, but available funding in many cases does not cover all the costs associated with implementing new technologies to keep educational institutions safe. This leaves schools exposed and unprotected, leaving state leaders across the U.S. calling for boosting schools’ physical security measures to protect them against intruders.\n\n\n“Everyone in our nation wants to do everything possible to keep students, faculty and their families safe,” said William Santana Li, chairman and CEO, Knightscope, Inc. “A lack of funding and constrained budgets should not be the limiting factor to protecting our schools, and we aim to provide an avenue to overcome that deficit with this innovative approach.”\n\n\nSCHOOL SAFETY GRANT PROGRAM\n\n\nThe Grant Program is intended to aggregate funds from the general public wishing to collectively make non-deductible donations to partially subsidize schools in need that are experiencing budget shortfalls preventing the implementation of Knightscope’s security technologies to better protect children, faculty, and administrators.\n...