25 More Knightscope (Nasdaq: KSCP) Machines Activated in the Field

Rhea-AI Summary

Knightscope, Inc. (Nasdaq: KSCP) has deployed 25 additional Autonomous Security Robots (ASRs) and K1 Blue Light Towers across the United States. Notable placements include a California resort with its first K5 ASR, adding 15 K1 Towers at a Virginia property, and installations in Colorado and Ohio aimed at enhancing security and communication. This expansion aligns with Knightscope's mission to enhance public safety through innovative technology, marking a continued growth trajectory within the security sector.

Positive

• Activated 25 additional Autonomous Security Robots and K1 Blue Light Towers.
• Expansion into various industries, including casinos and real estate.
• Strengthened presence in key states like California, Virginia, Colorado, and Ohio.

Negative

• None.

Market Expansion Continues for Public Safety Innovator

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Knightscope, Inc. (Nasdaq: KSCP), a leading developer of autonomous security robots, today announces that it has activated 25 more machines across the United States. The deployed equipment consists of Autonomous Security Robots (ASRs) and one of Knightscope’s newest products, the K1 Blue Light Tower.

25 More Knightscope (Nasdaq: KSCP) Machines Activated in the Field (Graphic: Business Wire)

Deployment locations and industries are as follows:

• Another California resort and casino has deployed its first K5 ASR to patrol its parking lots and structures. Knightscope’s technologies are already utilized in numerous casinos across the United States providing end users with a unique way of engaging guests and elevating the resort experience while improving the security posture. ASRs deliver audible messages with valuable resort information, deter unwanted behaviors, protect vehicles and belongings, and watch out for VIPs, advantage players and known cheats.
• A privately owned global real estate investment, development and management firm with 634 properties, representing over 225 million square feet in its portfolio added 15 K1 Blue Light Towers to their previous order at a commercial real estate property in Virginia, bringing their total deployed communication devices to 30.
• A community-focused real estate and infrastructure owner, operator, lender and developer in downtown Colorado is now utilizing two K5 ASRs in a premier, mixed-use neighborhood with access to dining, bars, and clubs. Each K5 will patrol separate multi-level parking structures and will be helping to deter criminal trespassing, loitering, vandalism, and keeping the general public safe.
• A new installation of seven K1 Blue Light Towers is active at an Ohio college providing improved, easily accessible emergency communications in areas surrounding campus lecture halls, auditoriums, labs, and parking lots.

Today’s announcement reinforces Knightscope’s continued commitment to accelerate growth and make the United States of America the safest country on the planet through the use of technologies that augment security programs of all types. To discover how Knightscope can help you better secure the places people live, study, work and visit schedule an appointment at www.knightscope.com/discover

About Knightscope

Knightscope is an advanced security technology company based in Silicon Valley that builds fully autonomous security robots that deter, detect and report. Knightscope’s long-term ambition is to make the United States of America the safest country in the world. Learn more about the company 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. 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. 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 Dec. 31, 2021. 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/20221109005407/en/

Public Relations:

Stacy Stephens

Knightscope, Inc.

(650) 924-1025

Corporate Communications:

IBN (InvestorBrandNetwork)

Los Angeles, California

www.InvestorBrandNetwork.com

310.299.1717 Office

Editor@InvestorBrandNetwork.com

Source: Knightscope, Inc.