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Stock impact report

Chicago city council blasts Mayor Johnson canceling ShotSpotter: 'Campaign promise at the expense of lives' [FOX News]

ShotSpotter, Inc. (SSTI) 
Last shotspotter, inc. earnings: 2/18 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.shotspotter.com
Company Research Source: FOX News
Chicago Mayor Brandon Johnson's comments Monday denouncing ShotSpotter as "walkie-talkies on a pole" are facing criticism from city council members who want to extend the gunshot detection system 's contract, currently set to expire on Sunday. Johnson, who campaigned in 2023 on ending the city's contract with SoundThinking Inc., which owns ShotSpotter, said the program has not been successful in reducing overall gun violence and that the city "cannot afford the interest of corporations to play off the pain and the suffering of the people of Chicago." "$100 million for walkie-talkies on a pole," Johnson said. "And the reason why they said we needed it was to reduce gun violence. It didn't do that." The ShotSpotter technology has used a network of acoustic sensors to detect the location of gunfire and relay information to the police since 2012. Though Johnson is dedicated to shutting down the system, members of the city council are just as determined to keep the system in place Show less Read more
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