Growth Continues with Three New Emergency Communications Contracts

Rhea-AI Summary

Knightscope announces three new contracts for emergency communication systems

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• Knightscope secures contracts for 5 devices with a New York college, a city in Nevada, and a park in Oklahoma

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• None.

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), a leading developer of autonomous security robots and blue light emergency communication systems, today announces three new contracts totaling 5 devices for a New York college, a city in Nevada, and a park in Oklahoma.

Growth Continues with Three New Emergency Communications Contracts (Photo: Business Wire)

The goal of a strong emergency communications system is to provide a platform for individuals to reduce the number of possibilities for criminals to commit a crime. A University of Southern California study found that public venues with visible security equipment like blue light emergency towers and phones increased the area’s perceived safety, making people feel more comfortable at such locations/venues. The objective is straightforward: when someone identifies their own personal vulnerability to crime, they can mitigate the risk by taking preventative measures and communicating with authorities.

These three new users are taking proactive measures to build a robust and reliable communications pipeline for employees, faculty, students and visitors to reach professional help when in need or in the case of a life-threatening emergency.

LEARN MORE

Knightscope’s ASR services and industry leading emergency communications products help better protect the places people live, work, study and visit. To learn more about Knightscope’s Blue Light Emergency Communication Systems or Autonomous Security Robots – now with the option of Private LTE – book a discovery call or demonstration now 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 the Company’s 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 and uncertainties that could cause actual results to differ materially from such forward-looking statements. These risks and uncertainties include, among other things, the risk that the restructuring costs and charges may be greater than anticipated; the risk that the Company’s restructuring efforts 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; the risk that the Company’s restructuring efforts may negatively impact the Company’s business operations and reputation with or ability to serve customers; the risk that the Company’s restructuring efforts 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231005941138/en/

Stacy Stephens

Knightscope, Inc.

(650) 924-1025

Source: Knightscope, Inc.

FAQ

What is Knightscope known for?

Knightscope is a leading developer of autonomous security robots and blue light emergency communication systems.

What is the goal of a strong emergency communications system?

The goal is to provide a platform for individuals to reduce the number of possibilities for criminals to commit a crime.

What did a University of Southern California study find about visible security equipment?

The study found that public venues with visible security equipment like blue light emergency towers and phones increased the area's perceived safety.

What are the benefits of Knightscope's ASR services and emergency communication products?

They help better protect the places people live, work, study, and visit.

How can I learn more about Knightscope's products?

You can book a discovery call or demonstration at www.knightscope.com/discover.