World's First AI-Powered Humanoid Robot CEO Enters the Boardroom
Vancouver, BC
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November 13, 2023 09:00 AM Eastern Standard Time
As concerns rise about robots and artificial intelligence (AI) taking over the workforce, the world’s first humanoid robot has been given the corner office as one company’s new CEO.
Mika is the brainchild of a collaboration between Hanson Robotics and Polish rum company Dictador. This CEO robot isn't just a technological marvel; she has been programmed to embody the distinctive spirit and core values of Dictador.
"I don't really have weekends — I'm always on 24/7, ready to make executive decisions and stir up some AI magic," the robot told Reuters in a "video interview" at the time.
This intriguing development is not the first from Hanson Robotics. In 2016, the company unveiled Mika's sister, Sophia.
In a video released by Dictador, Mika proudly proclaimed, "With advanced artificial intelligence and machine learning algorithms, I can swiftly and accurately make data-driven decisions."
Of course, Mika isn’t the only robot that has entered the workforce. Robotics are continuously being integrated into various industries, with prominent use in manufacturing, automotive, logistics, and more recently healthcare, retail and hospitality.
Security robots are also growing in popularity thanks to their ability to deter crime and perform dangerous tasks. Projections suggest that the global security robot market is set to soar to an estimated $31.08 billion by 2030, boasting an impressive compound annual growth rate of 12.8%.
At the forefront of this transformative movement stands Knightscope, Inc. (NASDAQ:KSCP). This cutting-edge security technology company, headquartered in Silicon Valley, exemplifies the convergence of autonomy, robotics, AI, and electric vehicle (EV) technology.
Leading the Advancement of Autonomous Security Robots
Knightscope’s fully autonomous security robots (ASRs) are designed to deter, detect, and report security threats. Its innovative technology has demonstrated its effectiveness in fighting crime and improving the situational awareness of security and public safety professionals.
Over the past few months, Knightscope has secured several significant deals including a $1.25 million contract for 145 devices with Rutgers, The State University of New Jersey and launched a pilot test of its K5 security robots in Manhattan's subway stations with the New York Police Department (NYPD) and the Metropolitan Transportation Authority (MTA).
On November 7, Knightscope announced two new contracts for its K5 ASR, expanding its reach in the commercial real estate and casino sectors. These agreements build upon a master contract revealed in September, enabling Knightscope's technology to expand to 43 properties nationwide.
Knightscope’s performance is demonstrated by existing clients expanding their use of products and services, resulting in shorter sales cycles and increased efficiency. The gaming client now has 7 robots under contract, deployed in locations including Las Vegas, Nevada; Council Bluffs, Iowa; Aurora, Illinois; Shreveport, LA; Bossier City, LA; and New Orleans, LA.
Knightscope has also successfully closed a deal with a prominent American commercial real estate services and investment firm, which has been a national account target since 2017. This client manages a property occupied by one of the world's largest multinational telecommunications companies. Notably, this achievement represents a significant "double win" for Knightscope and paves the way for future expansions in the United States.
Earlier in November, Knightscope secured expansion contracts with a California community college and a local commercial real estate developer.
The 420-acre community college, which has recently invested over $1.5 billion in facility upgrades, selected Knightscope to replace their outdated emergency phone system with K1 Blue Light Towers. To date, 26 Towers have been installed, with 6 more added in this latest order.
In Southern California, a commercial real estate developer near UC San Diego has extended their services with a full-service maintenance contract for 8 K1 Blue Light Towers. This decision was influenced by Knightscope's responsiveness during the warranty period.
For those interested in delving deeper into Knightscope's innovations and ongoing projects, additional information can be found by exploring the 'Rise of the Robots' section on the official website of Knightscope, Inc. (NASDAQ:KSCP).
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