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FDNY and PANYNJ Expand Emergency Communication Contracts

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Knightscope, Inc. [Nasdaq: KSCP] announces the renewal and expansion of emergency communication contracts with the New York City Fire Department (FDNY) and the Port Authority of New York and New Jersey (PANYNJ). The FDNY renewed its service agreement for K1 Call Boxes, while PANYNJ added a Full Service Maintenance Plan (FSMP) for 8 K1 Call Boxes on the George Washington Bridge.

Knightscope's K1 emergency call boxes provide reliable, one-touch communication with emergency services, offering exact location data and functioning even when cell phone service is unavailable. A recent life-saving event on the George Washington Bridge prompted further investment in the program. The FSMP ensures operational confidence through service maintenance support and software, enhancing public safety in New York City and surrounding areas.

Knightscope, Inc. [Nasdaq: KSCP] annuncia il rinnovo e l'espansione dei contratti di comunicazione d'emergenza con il Dipartimento dei Vigili del Fuoco di New York (FDNY) e l'Autorità Portuale di New York e del New Jersey (PANYNJ). Il FDNY ha rinnovato il suo accordo di servizio per le K1 Call Boxes, mentre il PANYNJ ha aggiunto un Piano di Manutenzione Completa (FSMP) per 8 K1 Call Boxes sul Ponte George Washington.

Le K1 call boxes d'emergenza di Knightscope offrono una comunicazione affidabile con i servizi di emergenza, consentendo una comunicazione con un solo tocco, fornendo dati sulla posizione esatta e funzionando anche quando il servizio telefonico cellulare è assente. Un recente evento salvavita sul Ponte George Washington ha spinto a un ulteriore investimento nel programma. Il FSMP garantisce sicurezza operativa attraverso il supporto alla manutenzione dei servizi e al software, migliorando la sicurezza pubblica a New York e nelle aree circostanti.

Knightscope, Inc. [Nasdaq: KSCP] anuncia la renovación y expansión de contratos de comunicación de emergencia con el Departamento de Bomberos de Nueva York (FDNY) y la Autoridad Portuaria de Nueva York y Nueva Jersey (PANYNJ). El FDNY renovó su contrato de servicio para las K1 Call Boxes, mientras que PANYNJ añadió un Plan de Mantenimiento Completo (FSMP) para 8 K1 Call Boxes en el Puente George Washington.

Las K1 call boxes de emergencia de Knightscope proporcionan comunicación confiable, con un solo toque, con los servicios de emergencia, ofreciendo datos precisos sobre la ubicación y funcionando incluso cuando el servicio de telefonía celular no está disponible. Un reciente evento que salvó vidas en el Puente George Washington motivó una mayor inversión en el programa. El FSMP garantiza confianza operativa a través del soporte de mantenimiento y software, mejorando la seguridad pública en Nueva York y sus alrededores.

Knightscope, Inc. [Nasdaq: KSCP]는 뉴욕 시 소방서(FDNY)뉴욕-뉴저지 항만청(PANYNJ)와의 비상 통신 계약 갱신 및 확장을 발표했습니다. FDNY는 K1 호출 상자의 서비스 계약을 갱신했으며, PANYNJ는 조지 워싱턴 브리지에 있는 8개의 K1 호출 상자에 대한 전문 유지 관리 계획(FSMP)을 추가했습니다.

Knightscope의 K1 비상 호출 상자는 신뢰할 수 있는 단일 터치 통신을 통해 비상 서비스와 연결되며, 정확한 위치 데이터를 제공하고 휴대전화 서비스가 없을 때도 작동합니다. 조지 워싱턴 브리지에서의 최근 생명 구조 사건은 프로그램에 대한 추가 투자를 촉진했습니다. FSMP는 서비스 유지 보수 지원 및 소프트웨어를 통해 운영 신뢰성을 보장하고 뉴욕 및 주변 지역의 공공 안전을 향상시킵니다.

Knightscope, Inc. [Nasdaq: KSCP] annonce le renouvellement et l'expansion des contrats de communication d'urgence avec le Département des pompiers de la ville de New York (FDNY) et l'Autorité portuaire de New York et du New Jersey (PANYNJ). Le FDNY a renouvelé son contrat de service pour les K1 Call Boxes, tandis que le PANYNJ a ajouté un Plan de maintenance complet (FSMP) pour 8 K1 Call Boxes sur le pont George Washington.

Les K1 call boxes d'urgence de Knightscope offrent une communication fiable à un seul toucher avec les services d'urgence, fournissant des données de localisation précises et fonctionnant même lorsque le service de téléphonie mobile est indisponible. Un récent événement ayant sauvé des vies sur le pont George Washington a incité à un investissement supplémentaire dans le programme. Le FSMP assure une confiance opérationnelle grâce à un support de maintenance et de logiciel, renforçant la sécurité publique à New York et dans les environs.

Knightscope, Inc. [Nasdaq: KSCP] kündigt die Erneuerung und Erweiterung von Notfallkommunikationsverträgen mit der Feuerwehr New York City (FDNY) und der Port Authority of New York and New Jersey (PANYNJ) an. Die FDNY hat ihren Dienstleistungsvertrag für K1-Notrufboxen erneuert, während PANYNJ einen Vollwartungsplan (FSMP) für 8 K1-Notrufboxen an der George-Washington-Brücke hinzugefügt hat.

Die K1-Notrufboxen von Knightscope bieten zuverlässige eine-Tasten-Kommunikation mit den Notdiensten, bieten genaue Standortdaten und funktionieren auch dann, wenn kein Mobilfunkdienst verfügbar ist. Ein kürzlich auf der George-Washington-Brücke stattgefundenes lebensrettendes Ereignis führte zu weiteren Investitionen in das Programm. Der FSMP stellt betriebliche Zuversicht durch Wartungsunterstützung und Software sicher, wodurch die öffentliche Sicherheit in New York City und den umliegenden Gebieten verbessert wird.

Positive
  • Renewal of service agreement with FDNY for K1 Call Boxes
  • Addition of Full Service Maintenance Plan by PANYNJ for 8 K1 Call Boxes
  • Expansion of emergency communication contracts in key New York City areas
  • Increased operational confidence through service maintenance support and software
Negative
  • None.

Insights

The renewal and expansion of contracts for Knightscope's K1 Call Boxes by the FDNY and PANYNJ demonstrate a growing commitment to enhancing emergency communication infrastructure in New York City. This development is moderately positive for Knightscope, as it solidifies existing relationships and expands service offerings.

The addition of a Full Service Maintenance Plan for the George Washington Bridge installation is particularly noteworthy, as it increases recurring revenue and strengthens the company's position as a trusted provider. The reference to a life-saving event on the bridge underscores the critical nature of these systems and may lead to further adoptions.

However, investors should note that while these contract expansions are positive, the overall impact on Knightscope's financial performance may be given the company's current $17.8 million market cap. The true value lies in the potential for these high-profile deployments to serve as references for future sales and expansion into other major cities and infrastructure projects.

The expansion of Knightscope's emergency communication systems in New York City highlights a critical trend in public safety infrastructure. These K1 Call Boxes address significant gaps in current emergency response systems, particularly the inability to pinpoint locations from cellular 911 calls.

The reliability of these fixed-point communication devices is important in urban environments where cell service can be unreliable or unavailable. The addition of maintenance plans indicates a long-term commitment to keeping these systems operational, which is essential for public trust and effectiveness.

From an emergency services perspective, this technology could significantly improve response times and resource allocation. The exact location data provided by these call boxes can be invaluable in dense urban areas or on large structures like the George Washington Bridge. This investment in infrastructure suggests a proactive approach to public safety that could serve as a model for other cities.

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 the New York City Fire Department (“FDNY”) renewed its service agreement for their K1 Call Boxes, and the Port Authority of New York and New Jersey (“PANYNJ”) added a Full Service Maintenance Plan (“FSMP”) to cover the 8 K1 Call Boxes on the George Washington Bridge.

FDNY and PANYNJ Expand Emergency Communication Contracts (Photo: Business Wire)

FDNY and PANYNJ Expand Emergency Communication Contracts (Photo: Business Wire)

Keeping the City safe is a key to community wellness. Knightscope helps establish that feeling of comfort and safety in communities with its familiar K1 emergency call boxes that provide highly recognizable points to establish reliable, one-touch communication with FDNY and the Port Authority. Emergency communications are always available and are particularly helpful when cell phone service is scarce or a device’s battery has died, and they provide the exact location of the device being used so that emergency services may be quickly dispatched. By contrast, emergency dispatch professionals are unable to pinpoint people using their personal cellular devices to contact 911 because GPS data is not transmitted through the system.

A life-saving event on the George Washington Bridge reported earlier this year encouraged further investment into the program, and FSMP will provide the Port Authority with operational confidence in the system backed up by service maintenance support and software that FDNY already enjoys. By enacting these operational fail-safes, community leaders are ensuring access to multiple portals needed to alert the appropriate authorities in times of danger, personal crisis or medical emergencies.

GET EXPERT HELP

To learn more about Knightscope’s portfolio of public safety technologies, including the recently announced K1 Laser or any of its Autonomous Security Robot, Blue Light Emergency Communication System or Automated Gunshot Detection Services, book a discovery call or demonstration today at www.knightscope.com/discover.

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 contracts did Knightscope (KSCP) secure for its K1 Call Boxes?

Knightscope (KSCP) secured a renewal of its service agreement with the New York City Fire Department (FDNY) for K1 Call Boxes and added a Full Service Maintenance Plan (FSMP) with the Port Authority of New York and New Jersey (PANYNJ) for 8 K1 Call Boxes on the George Washington Bridge.

How many K1 Call Boxes are covered by the new PANYNJ contract for Knightscope (KSCP)?

The new Full Service Maintenance Plan (FSMP) contract with the Port Authority of New York and New Jersey (PANYNJ) covers 8 K1 Call Boxes located on the George Washington Bridge.

What advantages do Knightscope's (KSCP) K1 Call Boxes offer over cell phones for emergency communication?

Knightscope's (KSCP) K1 Call Boxes provide exact location data to emergency services, function when cell phone service is unavailable or batteries are dead, and offer reliable one-touch communication with emergency responders, unlike cell phones which cannot transmit GPS data through the 911 system.

What prompted the expansion of Knightscope's (KSCP) emergency communication contracts in New York?

A life-saving event on the George Washington Bridge reported earlier this year encouraged further investment in Knightscope's (KSCP) emergency communication program, leading to the expansion of contracts with FDNY and PANYNJ.

Knightscope, Inc.

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