California Credit Union Deploys Knightscope Security Robot

Rhea-AI Summary

Knightscope, Inc. (NASDAQ: KSCP) has expanded its market presence by deploying its K5 Autonomous Security Robot at a California financial institution. This credit union, founded in 1934, manages over $25 billion in assets and seeks to enhance physical security while improving member engagement and brand recognition. By leveraging advanced technology, Knightscope aims to create a safer environment, furthering its mission to elevate U.S. security operations.

Positive

• Deployment of K5 Autonomous Security Robot enhances physical security.
• Financial institution's assets exceed $25 billion, indicating strong client trust.
• Focus on member engagement and brand awareness through advanced technology.

Negative

• None.

Public Safety Innovator Continues Market Expansion

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Knightscope, Inc. [Nasdaq: KSCP], a developer of advanced physical security technologies focused on enhancing U.S. security operations, today announced that it has deployed another security robot at a financial institution in California.

California Credit Union Deploys Knightscope Security Robot (Photo: Business Wire)

Although founded in 1934, this California credit union has turned its eyes to the future by deploying Knightscope’s K5 Autonomous Security Robot (ASR) to heighten its physical security profile, engage its members and improve brand awareness. This financial institution has over $25 billion in assets and attributes its success to continually providing its members with world-class personal service, which now includes world-class physical security.

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 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. 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. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” in the offering circular filed with the SEC on January 26, 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/20220324005387/en/

Donna Loughlin Michaels, LMGPR, (408) 393-5575

Source: Knightscope, Inc.