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Knightscope Adds Another New Fortune 500 Client

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Knightscope, Inc. (NASDAQ: KSCP) announces the acquisition of a major consumer foods manufacturer as a new client, expanding its Fortune 500 customer base. The K5 Autonomous Security Robot has been deployed to patrol parking lots across 30 campuses to enhance security operations. This move aims to safeguard employees and address vulnerabilities such as theft and vandalism. Knightscope focuses on offering advanced physical security technologies, reinforcing its commitment to making the U.S. a safer country.

Positive
  • Acquisition of a Fortune 500 client enhances market position.
  • Deployment of K5 Autonomous Security Robot across 30 campuses boosts visibility and credibility.
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 honored to announce that it added a centuries-old consumer foods manufacturer to its growing list of Fortune 500 clients. Knightscope’s K5 Autonomous Security Robot (ASR) was selected to patrol one of many parking lots to thoroughly evaluate the service as an economical solution to augment security at almost 30 campuses nationally. The first goal of an industrial manufacturer is safety for its employees both inside and outside the facility and monitoring common exterior areas and access points is a key component to providing that safe environment. A physical security presence, like Knightscope’s ASRs, may detect vulnerabilities and prevent intrusion for common threats such as workplace threats, violence, theft, counterfeiting, vandalism, and trespassing. Many plants are fairly accessible and have multiple entrances, so investing in a state-of-the-art mobile security system is an important avenue to secure a facility.

Knightscope Adds Another New Fortune 500 Client (Photo: Business Wire)

Knightscope Adds Another New Fortune 500 Client (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.

Donna Loughlin Michaels, LMGPR

(408) 393-5575

Source: Knightscope, Inc.

FAQ

What is the recent announcement from Knightscope (KSCP)?

Knightscope announced the addition of a major consumer foods manufacturer as a new client, employing its K5 Autonomous Security Robot for enhanced security.

How many campuses will Knightscope's security robots patrol?

Knightscope's K5 Autonomous Security Robot will patrol across 30 campuses.

What are the key benefits of Knightscope's K5 Autonomous Security Robot?

The K5 robot aims to enhance workplace safety by detecting vulnerabilities and preventing threats like theft and vandalism.

What is Knightscope's market focus?

Knightscope focuses on developing advanced physical security technologies to enhance U.S. security operations.

Knightscope, Inc.

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Security & Protection Services
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United States of America
MOUNTAIN VIEW