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Knightscope, Inc. (NASDAQ: KSCP) has announced a contract with a 100-year-old recycling center in Missouri for the deployment of its K5 Autonomous Security Robot (ASR). This partnership aims to enhance security against the rising thefts of valuable metals, such as those found in catalytic converters. The initiative addresses broader issues of public safety and economic security. Former police chief Art Acevedo emphasized the importance of tackling these thefts, indicating that they contribute to more serious crimes. The deployment marks a significant expansion in Knightscope's security technology services.
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New contract signed with a recycling center in Missouri.
Deployment of K5 Autonomous Security Robot to enhance facility security.
Addresses theft of valuable metals in catalytic converters, contributing to public safety.
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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, today announced that a 100-year old, 4th generation recycling center will soon have the added protection of a K5 Autonomous Security Robot (ASR) watching over its Missouri facility. This new client signed a contract with Knightscope to help secure the ever increasingly valuable metals that pass through the facility such as those found in catalytic converters. Law enforcement and other converter recyclers are collaborating in an effort to reduce thefts of certain auto parts that also lead to other, more serious crimes. “It’s expensive. This is a national security issue. It’s a public safety issue. It’s an economic issue,” said former Houston and Austin Police Chief Art Acevedo. Knightscope will bring an additional layer of security to its new client to help this responsible recycler keep similar thieves at bay.
Knightscope Announces New Sale in Missouri (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.
