3 Smallcaps to Upgrade U.S. Capitol Security
On January 6, 2021, the world watched as the unthinkable happened: an angry mob mobilized and stormed the United States Capitol. For historical context, the last time the Capitol was taken by force was by the British during the War of 1812.
Many questions remain from January 6th and it will likely take some time to fully understand just how these individuals were able to break into one of the most symbolic buildings in the entire world. One aspect that both sides of the aisle can agree on after the attack was the shocking lapse of police and security measures that failed miserably at deterring the rioters.
Before January 6, 2021, the U.S. Capitol’s last glaring lapse of security occurred in 1998. After the Capitol Hill shooting in 1998, Capitol security received an entire revamp. It is likely we will see another round of considerable security upgrades after this recent attack.
As we move forward, here are three companies that could help reshape Capitol Hill security:
Magal Security Systems, Ltd.
Magal Security Systems, Ltd. (NASDAQ: MAGS) focuses on the development, manufacturing, and sale of perimeter intrusion detection sensors, physical barriers, video surveillance, and related management systems.
Hindsight is always 20/20, but investing in advanced technology to warn of perimeter breaches is something the Capitol Police should be greatly considering. Had this technology been in-place on January 6th, there could have been a quicker response or at least knowledge that barriers were breached before rioters had entered the Capitol.
Napco Security Technologies, Inc.
Napco Security Technologies, Inc. (NASDAQ: NSSC) is engaged in the development, manufacturing, and sale of access control systems, door-locking security products, intrusion systems, and video surveillance.
Where Magal’s technology would be ideal for security outside, Napco’s technology would have been vital to security within the Capitol. With advanced access control and door-locking technology, this could have helped seal off the House, Senate chambers, as well as representative offices that were vandalized.
ShotSpotter, Inc. (NASDAQ: SSTI) is a public safety solution that serves as a gunshot detection system. Using sensors installed into existing policing systems, ShotSpotter is able o pinpoint locations of gunshots and respond accordingly.
The U.S. Capitol is a massive building spanning 175,170 square feet, with winding corridors, hallways, and offices. ShotSpotter technology can help illuminate armed individuals within the Capitol. From what we know so far from January 6th, two key shooting incidents occurred outside the House floor and another that resulted in the death of a woman.
The security failure on Capitol Hill was one for the history books. Once the investigation is complete into the source of the failures, it will be time to rebuild and revamp the security measures. Implementing advanced technology into the Capitol for security may have seen a bit excessive only a week or two ago. But, given the circumstances that have been witnessed, the technology upgrades are now seen as absolutely vital.
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