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Healthcare Provider Increases Knightscope (Nasdaq: KSCP) Security Robot Order

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Knightscope, Inc (NASDAQ: KSCP) has secured an expanded contract with a healthcare system in Oregon, increasing its order for two additional K5 Autonomous Security Robots (ASRs). This expansion aims to enhance safety across various facilities including a children's hospital and numerous clinics, focusing on deterring criminal activity while improving patient and staff experiences. With this contract, Knightscope continues to strengthen its presence in the healthcare sector, emphasizing its commitment to public safety innovation.

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  • Expansion of contract with Oregon healthcare system to include 2 additional K5 ASRs.
  • Focus on improving safety in healthcare facilities, enhancing patient and staff experiences.
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Public Safety Innovator Continues Market Expansion in Oregon

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 a locally owned healthcare system in Oregon has expanded its contract for its many facilities in the state.

Oregon Healthcare Provider Increases Knightscope Security Robot Order to Deter Criminal Activity (Graphic: Business Wire)

Oregon Healthcare Provider Increases Knightscope Security Robot Order to Deter Criminal Activity (Graphic: Business Wire)

On the heels of securing a contract for a Knightscope K5 Autonomous Security Robot (“ASR”), the new client has increased its order for an additional 2 K5 ASRs.

The client has a children’s hospital, a 24-hour mental and behavioral health services center, and more than 70 primary care, specialty and urgent care clinics. The hospital’s goal is to deter criminal activity, while enhancing patient and staff experience. Knightscope is proud to play a role in improving the safety of our nation’s healthcare providers, its patients and visitors as it continues its growth in the healthcare vertical.

We encourage security practitioners and healthcare facility administrators learn about the new dawn in public safety innovation by booking a free demo and assessment at www.knightscope.com/demo

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.

Public Relations

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

Investor Relations

Investor Brand Network, IBN, (310) 299-1717, Editor@InvestorBrandNetwork.com

Source: Knightscope, Inc.

FAQ

What recent contract did Knightscope, Inc (KSCP) secure in Oregon?

Knightscope secured an expanded contract with a healthcare system in Oregon for two additional K5 Autonomous Security Robots.

How many K5 Autonomous Security Robots has the Oregon healthcare system ordered in total?

The Oregon healthcare system has ordered a total of three K5 Autonomous Security Robots.

What is the primary purpose of Knightscope's robots in healthcare settings?

The primary purpose of Knightscope's robots is to deter criminal activity and enhance safety for patients and staff.

When was the announcement of the expanded contract for Knightscope made?

The announcement of the expanded contract was made in the press release dated September 15, 2022.

Knightscope, Inc.

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