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Hospital Renews Knightscope Contract for Seventh Year
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Rhea-AI Summary
Knightscope, Inc. (Nasdaq: KSCP) has announced the renewal of a contract for its K5 Autonomous Security Robot (ASR) with a long-time healthcare client for the seventh year in a row. Located in Southern California, the ASR patrols the hospital parking lot, enhancing safety for patients, visitors, and healthcare providers. This contract aligns with improving hospital accreditation standards and HCAHPS scores. Additionally, Knightscope's Robot Roadshow is showcasing its technology at the City Leadership Forum in Las Vegas on March 29-30, allowing attendees to interact with the robots and learn about their impact on security.
Positive
Renewal of K5 ASR contract for the seventh consecutive year, highlighting client satisfaction.
Enhancement of safety standards, potentially improving HCAHPS scores.
Negative
None.
Robot Roadshow Featured at City Leadership Forum in Las Vegas Starts Today
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--
Knightscope, Inc. (Nasdaq: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, today announces that a long-time healthcare client has renewed its K5 Autonomous Security Robot (ASR) contract for the seventh consecutive year.
Hospital Renews Knightscope Contract for Seventh Year (Photo: Business Wire)
The client’s ASR patrols a Southern California hospital parking lot to help protect the property, healthcare providers, patients, visitors and their vehicles. By doing so, ASRs can help meet or exceed the Joint Commission Hospital Accreditation Standards and potential improvements to patient satisfaction while providing support for increasing the Hospital Consumer Assessment of Healthcare Providers and Systems (HCAHPS) Scores. To learn more about how robots serve hospitals by improving safety and, therefore, the quality of care provided, read Knightscope’s 5-step recommendation for hospitals and healthcare facilities here.
Want a long-term security technology solution for your healthcare facility? Book a discovery call or meeting now at www.knightscope.com/discover to learn more about Knightscope’s Autonomous Security Robots and blue light emergency communication systems.
CITY LEADERSHIP FORUM IN LAS VEGAS, NV
Knightscope’s Robot Roadshow is in Las Vegas today and tomorrow, 29-30 March, for the City Leadership Forum. Knightscope’s crime-fighting robots tour the U.S. in a space-age, climate controlled “pod” allowing attendees to experience all the technology that is enabling these ASRs to help make sites safer today from Hawaii to Texas to North Carolina.
The Roadshow landing will be guided by Knightscope experts, and visitors will be able to interact directly with each of the ASRs, a blue light emergency phone, and see the Knightscope Security Operations Center (KSOC) user interface in action. Clients, investors and the media are all welcome to attend to learn more about Knightscope.
There is no charge to participate in, or visit, the Roadshow and available slots fill up fast, so appointments are recommended. Book your Pod visit here.
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 the Company 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. Forward-looking statements contained in this press release include, but are not limited to, statements about the Company’s path to profitability, the Company’s targeted annualized revenue run rate, the Company’s plans for top-line growth, the Company’s ability to deliver on its backlog of new orders, the benefits of the Company’s planned streamlining of its operations and rightsizing of its combined workforce and the Company’s ability to achieve improved margins. 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, 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.
What recent contract renewal did Knightscope announce?
Knightscope announced the renewal of its K5 Autonomous Security Robot contract with a healthcare client for the seventh consecutive year.
What event is Knightscope participating in Las Vegas?
Knightscope is showcasing its technology at the City Leadership Forum in Las Vegas on March 29-30.
How does the K5 Autonomous Security Robot enhance hospital safety?
The K5 ASR patrols hospital parking lots, improving safety for patients, visitors, and healthcare providers while supporting hospital accreditation standards.
