Last month, during the Total Wealth Symposium in Las Vegas, Paul Mampilly sat down with the CEO of Knightscope, William Santana Li, to talk about his work with the K5 guard robot. Motivated by the devastation of September 11th, the K5 guard robot was is being designed to increase security in the United States to prevent incidents like 9/11 to happening in the future. Li’s commitment to lowering the $1 trillion impact on the economy due to crime and violence is the driver behind his passion for pushing the development and implementation of the K5 guard robot. In his conversation with Paul Mampilly, Li expressed he would like to work diligently to improve the infrastructure of the prevention of crime and implement a proactive approach to security as opposed to the reactive status quo.
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As of now, there has been no innovation in governmental security. Li believes governmental security budgets are being misused to treat the issue after a breech has already transpired as opposed to preventing the breech in the first place. Li’s primary objective with the release and implementation of the K5 guard robot is to put more effort into preventing crime and violence on a mass scale, making the Unites States the safest country in the world. Li believes that the proactive defense of the country will ultimately improve the job market, the insurance and housing market, the stability of local businesses and the wellbeing of citizens.
In the interview, Paul Mampilly asked about the economic effectiveness of the K5 guard robot. The business model for the machines are made to reduce the cost of security for businesses and neighborhoods. The K5 guard robot can be used at a fraction of the price of an on-site security guard or police officer. Similarly, the pricing model for the K5 guard robot is set to attract investors as well as potential clients for its return on investment.
During the conversation, Paul Mampilly learned that Knightscope is the leader in commercializing self-driving technology that currently operates in 16 states. Based in Silicon Valley, Knightscope is looking to develop an edge on security technology by implementing robots that deter, detect and report crime before it happens successfully.