Setback
Knightscope's quarterly filing said its finances raise substantial doubt about whether it can keep operating.
A delay, pause or setback
What the source says
“These factors raise substantial doubt about the Company’s ability to continue as a going concern”
What it means
Security patrol robots, from Knightscope, and others, is at stage 4 of 5 on our ladder: paying customers. A setback stays on the record next to the milestones; the stage moves down only when the rules say so.
Human help: The maker hasn't said whether people help it remotely.
More on Security patrol robots
- New York City announced a trial of the Knightscope K5 alongside other police robots.
- About 80 to 90 Knightscope robots were under contract in the US, as the company prepared to list its shares.
- TechCrunch recalled earlier incidents in which one Knightscope robot drove into a pool of water and another collided with a toddler.
- The SF SPCA animal shelter removed its Knightscope robot after San Francisco ordered it to stop operating on the sidewalk without a permit or face a $1,000-a-day fine.
- The SF SPCA said its Knightscope robot was knocked over and smeared with barbecue sauce.
- Knightscope was founded by William Santana Li, a former Ford executive.