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Two New Knightscope Contracts in Southern California and Chicago

2023-06-08 21:48
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Jun 8, 2023--
Two New Knightscope Contracts in Southern California and Chicago

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Jun 8, 2023--

Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), a leading developer of autonomous security robots and blue light emergency communication systems, today announced that it has two new contracts for its K5 Autonomous Security Robots (ASRs). A southern California convention center and one of Knightscope’s Authorized Partners (KAP) will soon be utilizing the K5s full-time to better protect the places people live, work, study and visit.

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Two New Knightscope Contracts in Southern California and Chicago (Photo: Business Wire)

The convention center’s K5 will patrol the plaza level to monitor criminal trespassing and help keep the area free of threats. This will be a tremendous help to the security team by expanding their patrol capabilities to deter a variety of issues faced at night created by trespassers seeking a place to loiter and/or conduct criminal activities on the grounds at night.

Digby’s Detective & Security Agency, a KAP in the Chicago area, will have a K5 patrol their parking lot 24/7/365. In addition to the elevated security presence at their headquarters, Digby and Knightscope will be co-hosting marketing events for prospective clients from the airports, hospitals, casinos, commercial real estate, and property management companies in Illinois to see and visit a live deployment in person.

Book a discovery call or demonstration now at www.knightscope.com/discover to see how Knightscope’s Autonomous Security Robots and blue light emergency communication systems will elevate your public safety program and reduce costs.

Robot Roadshow to Demonstrate Benefits to Parking Professionals

The International Parking & Mobility Institute (IPMI) is the world’s largest association of professionals in parking, transportation, and mobility. If you own a car, use public transportation, go to work or school, use health care, shop, dine out, or are part of a community, parking affects you. IPMI works to advance the parking and mobility profession through professional development, research and data collection, advocacy, and outreach. With experts from around the world in dozens of specialties, the IPMI annual conference and exposition in Fort Worth, Texas, helps parking and transportation function efficiently so people, businesses, and communities can keep moving.

The Robot Roadshow will be located just outside the convention center and there is no charge to participate. Available slots fill up fast, so book your Pod visit here to get one-on-one attention.

About Knightscope

Knightscope is an advanced public safety technology company that builds fully autonomous security robots and blue light emergency communications systems that help protect the places people live, work, study and visit. Knightscope’s long-term ambition is to make the United States of America the safest country in the world. Learn more about us at www.knightscope.com. Follow Knightscope on Facebook, Twitter, LinkedIn and Instagram.

Forward-Looking Statements

This press release may contain “forward-looking statements” about Knightscope’s future expectations, plans, outlook, projections and prospects. Such forward-looking statements can be identified by the use of words such as “should,” “may,” “intends,” “anticipates,” “believes,” “estimates,” “projects,” “forecasts,” “expects,” “plans,” “proposes” and similar expressions. Forward-looking statements contained in this press release include, but are not limited to, statements about the Company’s path to profitability, the Company’s targeted annualized revenue run rate, the Company’s plans for top-line growth, the Company’s ability to deliver on its backlog of new orders, the benefits of the Company’s planned streamlining of its operations and rightsizing of its combined workforce and the Company’s ability to achieve improved margins. Although Knightscope believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. These risks and uncertainties include, among other things, the risk that the restructuring costs and charges may be greater than anticipated; the risk that the Company’s restructuring efforts may adversely affect the Company’s internal programs and the Company’s ability to recruit and retain skilled and motivated personnel, and may be distracting to employees and management; the risk that the Company’s restructuring efforts may negatively impact the Company’s business operations and reputation with or ability to serve customers; the risk that the Company’s restructuring efforts may not generate their intended benefits to the extent or as quickly as anticipated. Readers are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” in Knightscope’s Annual Report on Form 10-K for the year ended December 31, 2022. Forward-looking statements speak only as of the date of the document in which they are contained, and Knightscope does not undertake any duty to update any forward-looking statements, except as may be required by law.

View source version on businesswire.com:https://www.businesswire.com/news/home/20230608005360/en/

CONTACT: Public Relations:

Stacy Stephens

Knightscope, Inc.

(650) 924-1025Corporate Communications:

IBN (InvestorBrandNetwork)

Los Angeles, California

www.InvestorBrandNetwork.com

310.299.1717 Office

Editor@InvestorBrandNetwork.com

KEYWORD: CALIFORNIA ILLINOIS UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: TECHNOLOGY ROBOTICS HARDWARE SECURITY

SOURCE: Knightscope, Inc.

Copyright Business Wire 2023.

PUB: 06/08/2023 09:40 AM/DISC: 06/08/2023 09:39 AM

http://www.businesswire.com/news/home/20230608005360/en