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4th YEAR: Las Vegas Apartment Renews Knightscope K5 Contract

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Knightscope, Inc. announces the renewal of a Las Vegas apartment complex contract for its K5 Autonomous Security Robot for the 4th consecutive year. The success of this deployment highlights the Company's ability to maintain a loyal customer base and deliver cost-efficiency. Knightscope's Subject Matter Experts will be featured at various events in Las Vegas, showcasing their industry expertise and enhancing client engagements.
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Security Tech Innovator Lends Industry Expertise Across Multiple Vegas Events

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, today announces that a Las Vegas apartment complex has renewed its K5 Autonomous Security Robot (“ASR”) contract for the 4th consecutive year. Repeat business and ongoing client engagement contribute to a predictable and reliable income stream, providing a solid foundation for sustained growth.

4th YEAR: Las Vegas Apartment Renews Knightscope K5 Contract (Photo: Business Wire)

4th YEAR: Las Vegas Apartment Renews Knightscope K5 Contract (Photo: Business Wire)

The success of this deployment was previously reported by the Las Vegas Review-Journal and News 3 Las Vegas where the K5 continues to serve its community, and it further highlights the Company’s ability to maintain a loyal customer base, minimize acquisition expenses, and deliver cost-efficiency that positively impacts Knightscope’s bottom line.

Knightscope Subject Matter Experts Featured at Extended Engagements in Las Vegas

Beginning February 28, 2024, Knightscope will be participating in several events across Las Vegas starting with the World Game Protection Conference at the Tropicana. EVP and Chief Client Officer, Stacy Stephens, returns on March 18, 2024, to Mandalay Bay for the retail industry’s best event, Shoptalk, as a panelist for “Enhancing Store Performance, Security and Safety.” A third event in April is planned and will be announced at a later date.

LEARN MORE

To learn more about Knightscope’s Blue Light Emergency Communication Systems – now available with the recently announced Automated Gunshot Detection – and its Autonomous Security Robots, book a discovery call or demonstration today at www.knightscope.com/discover.

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, X (formerly 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 and other communications include, but are not limited to, statements about executive transitions and the timing thereof, and the Company’s goals, profitability, and growth. Although Knightscope believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks, uncertainties and other important factors that could cause actual results to differ materially from such forward-looking statements. These risks and uncertainties include, among other things, the risk that executive transitions may have greater costs than anticipated; that executive transitions 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; that executive transitions may negatively impact the Company’s business operations and reputation with or ability to serve customers; or that executive transitions 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.

Public Relations:

Stacy Stephens

Knightscope, Inc.

(650) 924-1025

Source: Knightscope, Inc.

FAQ

What is the ticker symbol for Knightscope, Inc.?

The ticker symbol for Knightscope, Inc. is 'KSCP'.

Which Las Vegas event will Knightscope be participating in starting February 28, 2024?

Knightscope will be participating in the World Game Protection Conference at the Tropicana starting on February 28, 2024.

Who will be returning as a panelist for Shoptalk at Mandalay Bay on March 18, 2024?

EVP and Chief Client Officer, Stacy Stephens, will be returning as a panelist for Shoptalk at Mandalay Bay on March 18, 2024.

How many events in total will Knightscope be participating in across Las Vegas?

Knightscope will be participating in several events across Las Vegas, with a third event planned for April.

What was highlighted as contributing to a predictable and reliable income stream for Knightscope?

Repeat business and ongoing client engagement were highlighted as contributing to a predictable and reliable income stream for Knightscope.

What was mentioned as positively impacting Knightscope's bottom line in the press release?

The ability to maintain a loyal customer base, minimize acquisition expenses, and deliver cost-efficiency were mentioned as positively impacting Knightscope's bottom line.

How many years has the Las Vegas apartment complex renewed its contract for the K5 Autonomous Security Robot?

The Las Vegas apartment complex has renewed its contract for the K5 Autonomous Security Robot for the 4th consecutive year.

Knightscope, Inc.

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Security & Protection Services
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United States of America
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