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California Healthcare Provider Expands Knightscope Robot Contract

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Knightscope, Inc. [Nasdaq: KSCP], a robotics and AI company focused on public safety, announces the expansion of a contract with a California-based healthcare client. The client, who initially deployed a K5 Autonomous Security Robot (ASR) in 2023, has now subscribed to a second K5 ASR for another location. Knightscope's K5 ASR is an outdoor robot that provides 24/7/365 property surveillance without human intervention. It features AI-driven software, interactive capabilities, and advanced safety measures.

Healthcare organizations have been partnering with Knightscope to improve emergency communications, physical safety, and patient satisfaction. The adoption of such technologies may potentially help in maintaining or increasing HCAHPS scores, which measure patients' perspectives of hospital care.

Knightscope, Inc. [Nasdaq: KSCP], un'azienda di robotica e intelligenza artificiale focalizzata sulla sicurezza pubblica, annuncia l'espansione di un contratto con un cliente nel settore sanitario con sede in California. Il cliente, che ha inizialmente implementato un Robot di Sicurezza Autonomo K5 (ASR) nel 2023, ha ora sottoscritto un secondo K5 ASR per un'altra sede. Il K5 ASR di Knightscope è un robot per esterni che fornisce sorveglianza della proprietà 24 ore su 24, 7 giorni su 7, 365 giorni all'anno senza intervento umano. Dispone di software basato sull'intelligenza artificiale, capacità interattive e misure di sicurezza avanzate.

Le organizzazioni sanitarie hanno collaborato con Knightscope per migliorare le comunicazioni di emergenza, la sicurezza fisica e la soddisfazione dei pazienti. L'adozione di tali tecnologie potrebbe potenzialmente contribuire a mantenere o aumentare i punteggi HCAHPS, che misurano le prospettive dei pazienti sulla cura ospedaliera.

Knightscope, Inc. [Nasdaq: KSCP], una empresa de robótica e IA centrada en la seguridad pública, anuncia la expansión de un contrato con un cliente del sector salud con sede en California. El cliente, que inicialmente implementó un Robot de Seguridad Autónomo K5 (ASR) en 2023, ha suscrito ahora un segundo K5 ASR para otra ubicación. El K5 ASR de Knightscope es un robot exterior que proporciona vigilancia de propiedades 24/7/365 sin intervención humana. Presenta software impulsado por IA, capacidades interactivas y medidas de seguridad avanzadas.

Las organizaciones de atención médica han estado colaborando con Knightscope para mejorar las comunicaciones de emergencia, la seguridad física y la satisfacción de los pacientes. La adopción de tecnologías como estas podría ayudar a mantener o aumentar los puntajes HCAHPS, que miden las perspectivas de los pacientes sobre la atención hospitalaria.

Knightscope, Inc. [Nasdaq: KSCP]는 공공 안전에 중점을 둔 로봇 및 인공지능 회사로, 캘리포니아에 본사를 둔 의료 고객과의 계약 확장을 발표했습니다. 이 고객은 2023년에 K5 자율 보안 로봇(ASR)을 처음 배치했으며, 현재 또 다른 위치를 위해 두 번째 K5 ASR을 구독했습니다. Knightscope의 K5 ASR은 인간의 개입 없이 연중무휴 24시간 재산 감시를 제공하는 야외 로봇입니다. 인공지능 기반 소프트웨어, 인터랙티브 기능 및 고급 안전 조치를 갖추고 있습니다.

의료 기관들은 긴급 통신, 물리적 안전 및 환자 만족도를 향상시키기 위해 Knightscope과 협력하고 있습니다. 이러한 기술의 채택은 환자의 병원 치료에 대한 관점을 측정하는 HCAHPS 점수를 유지하거나 증가시키는 데 도움이 될 수 있습니다.

Knightscope, Inc. [Nasdaq: KSCP], une entreprise de robotique et d'IA axée sur la sécurité publique, annonce l'expansion d'un contrat avec un client du secteur de la santé basé en Californie. Le client, qui a initialement déployé un Robot de Sécurité Autonome K5 (ASR) en 2023, a maintenant souscrit un deuxième K5 ASR pour un autre emplacement. Le K5 ASR de Knightscope est un robot d'extérieur qui fournit une surveillance des propriétés 24/7/365 sans intervention humaine. Il dispose d'un logiciel alimenté par IA, de capacités interactives et de mesures de sécurité avancées.

Les organisations de santé ont collaboré avec Knightscope pour améliorer les communications d'urgence, la sécurité physique et la satisfaction des patients. L'adoption de telles technologies pourrait potentiellement aider à maintenir ou à augmenter les scores HCAHPS, qui mesurent la perspective des patients sur les soins hospitaliers.

Knightscope, Inc. [Nasdaq: KSCP], ein Unternehmen für Robotik und KI mit Fokus auf öffentliche Sicherheit, gibt die Erweiterung eines Vertrags mit einem kalifornischen Gesundheitskunden bekannt. Der Kunde, der 2023 einen K5 Autonomous Security Robot (ASR) implementiert hat, hat nun ein zweites K5 ASR für einen weiteren Standort abonniert. Der K5 ASR von Knightscope ist ein Außenroboter, der 24/7/365 ohne menschliches Eingreifen Eigentumsschutz bietet. Er verfügt über KI-gesteuerte Software, interaktive Funktionen und fortschrittliche Sicherheitsmaßnahmen.

Gesundheitsorganisationen arbeiten mit Knightscope zusammen, um Notfallkommunikationen, physische Sicherheit und Patientenzufriedenheit zu verbessern. Die Einführung solcher Technologien könnte möglicherweise dazu beitragen, HCAHPS-Werte zu erhalten oder zu steigern, die die Sichtweise der Patienten auf die Krankenhausversorgung messen.

Positive
  • Expansion of existing client contract with addition of a second K5 ASR
  • Successful deployment of first K5 ASR in 2023 led to contract expansion
  • Potential positive impact on HCAHPS scores for healthcare organizations
Negative
  • None.

Insights

Knightscope's expansion of its K5 Autonomous Security Robot (ASR) contract with a California healthcare provider signals growing acceptance of AI-driven security solutions in healthcare. The client's decision to add a second robot after successful deployment in 2023 indicates positive real-world performance. This trend could potentially boost Knightscope's revenue and market share in the healthcare sector.

The K5 ASR's AI-driven capabilities, including emergency communications and physical safety enhancements, align with healthcare facilities' needs to improve HCAHPS scores. This connection to a standardized patient satisfaction metric could be a key selling point for Knightscope in the healthcare market. However, investors should note that while promising, the impact of a single contract expansion on overall company performance may be

The healthcare sector's adoption of Knightscope's robots represents a strategic market opportunity. With healthcare facilities prioritizing patient safety and satisfaction, there's potential for significant market penetration. The K5 ASR's ability to operate 24/7/365 without human intervention addresses the chronic staffing challenges in healthcare, potentially making it an attractive solution for cost-conscious providers.

However, investors should consider the scalability and competition in this space. While Knightscope is gaining traction, the market for security solutions in healthcare is competitive. The company's success will depend on its ability to demonstrate clear ROI and differentiate its offering from traditional security measures and competing tech solutions. The repeat business from existing clients is a positive sign, but broader market adoption rates will be important to watch.

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), an innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety, today announces that a long standing healthcare client based in California has expanded its contract subscribing to another K5 Autonomous Security Robot (“ASR”). The client originally deployed their first K5 ASR in 2023 and, based off that success, it was decided that a second robot would be added for a second location.

California Healthcare Provider Expands Knightscope Robot Contract (Graphic: Business Wire)

California Healthcare Provider Expands Knightscope Robot Contract (Graphic: Business Wire)

Healthcare organizations across the US have partnered with Knightscope for many years to make advancements in various critical areas such as emergency communications, physical safety and improving patient satisfaction. The adoption of such technologies may even aid healthcare organizations in maintaining or increasing their HCAHPS scores, which is the first national, standardized, publicly reported survey of patients' perspectives of hospital care.

The fifth generation of the K5 ASR is driven by proprietary AI software that enhances safety measures at the property while providing visitors with a unique, interactive guest experience with bank-specific graphics, a client-chosen voice for custom audio broadcast messaging, improved access to emergency services and plenty of opportunities for robot selfies.

The K5 is the Company’s fully autonomous (i.e., no human intervention needed to operate) outdoor robot capable of watching over a property 24/7/365. The robot’s commanding size along with its conspicuous lighting, strobe lights, broadcast messages and patrol sounds, effectively deter illicit activities, while its sensors gather evidentiary-quality video and publicly available data to aid investigations.

GET EXPERT HELP

Book a discovery call or demonstration today at www.knightscope.com/discover to learn more about Knightscope’s portfolio of public safety technologies, including Autonomous Security Robots with available monitoring by the Company’s team of Risk & Threat Exposure Analysts.

About Knightscope

Knightscope builds cutting-edge technologies to improve public safety, and our 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.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. 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 the Company’s goals, profitability, growth, prospects, reduction of expenses, and outlook. 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, including the factors discussed under the heading “Risk Factors” in Knightscope’s Annual Report on Form 10-K for the year ended December 31, 2023, as updated by its other filings with the Securities and Exchange Commission. 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 new contract expansion did Knightscope [KSCP] announce for its K5 Autonomous Security Robot?

Knightscope announced that a long-standing California-based healthcare client has expanded its contract by subscribing to a second K5 Autonomous Security Robot for a new location, following the successful deployment of their first K5 ASR in 2023.

How might Knightscope's [KSCP] technology impact HCAHPS scores for healthcare organizations?

The adoption of Knightscope's technologies, including the K5 ASR, may potentially aid healthcare organizations in maintaining or increasing their HCAHPS scores, which measure patients' perspectives of hospital care.

What are the key features of Knightscope's [KSCP] K5 Autonomous Security Robot?

The K5 ASR features AI-driven software, 24/7/365 autonomous operation, interactive capabilities, custom audio broadcast messaging, improved access to emergency services, and sensors that gather evidentiary-quality video and publicly available data for investigations.

In which areas have healthcare organizations partnered with Knightscope [KSCP] to make advancements?

Healthcare organizations have partnered with Knightscope to make advancements in critical areas such as emergency communications, physical safety, and improving patient satisfaction.

Knightscope, Inc.

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