Casino Renews 6 Security Robot Contract with Knightscope

Rhea-AI Summary

Knightscope, Inc (NASDAQ: KSCP) has announced the renewal of its contract for six Autonomous Security Robots (ASRs) at a southern California casino for the fifth consecutive year. This partnership highlights Knightscope's success in the casino sector, where ASRs enhance security and guest engagement. ASRs not only boost security programs but also engage visitors and promote the casino's brand, positioning it as a cutting-edge destination.

Positive

• Contract renewal for 6 ASRs for 5th year at a California casino.
• Strengthens Knightscope's foothold in the casino sector as a key client.

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, is pleased to announce that a southern California casino and resort has renewed its contract for 6 Autonomous Security Robots (ASRs) for the 5th year. Casinos have become one of Knightscope’s key clients due to the versatility of the use case in such an environment. In addition to augmenting some of the most sophisticated security and surveillance programs in the country, ASRs are able to engage visitors in a fun and futuristic way, deliver on-brand messages, identify VIPs and VVIPs prior to entering the casino, and distinguish the resort as a cutting-edge destination. Knightscope is proud to include this forward-thinking client among its long list of multi-year users.

Casino Renews 6 Security Robot Contract with Knightscope (Photo: Business Wire)

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 our Annual Report on Form 10-K for the year ended December 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/20220622005402/en/

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

Source: Knightscope, Inc.