Knightscope Begins Shipping 5th Generation K5 ASR

Rhea-AI Summary

Knightscope, Inc. (Nasdaq: KSCP) announces the release of the 5th Generation K5 Autonomous Security Robot (K5v5) with a ground-up redesign. The K5v5 production has commenced in Silicon Valley, and machines are beginning to ship to clients across the country. The new design draws from over 2.5 million hours of field operations, featuring improvements in propulsion, camera elevation, battery architecture, audio enhancements, lighting, and serviceability. The K5v5 is capable of indoor and outdoor deployments and has a successful track record of reducing crime across various locations in the United States.

Positive

• K5v5 production has commenced in Silicon Valley
• The K5v5 is capable of both indoor and outdoor deployments
• The K5v5 has a successful track record of reducing crime across various locations in the United States

Negative

• None.

Crime Fighting Flagship Gets a Ground Up Redesign and Approval for Production Release

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 the release of the 5^th Generation K5 (“K5v5”) Autonomous Security Robot (“ASR”). K5v5 production has commenced in Silicon Valley at Knightscope’s Headquarters (Made in America) and machines are beginning to ship to a variety of clients awaiting fulfillment of their contracts across the country.

Knightscope Begins Shipping 5th Generation K5 ASR (Photo: Business Wire)

The K5v5 is a ground up design that draws from over 2.5 million hours of field operations with real clients leveraging the technology for real results. Among the improvements are:

• a wider stance that creates a more planted propulsion system
• raised camera elevation for near eye-level, 4K video capture
• all new battery architecture for improved performance
• audio enhancements for broadcast messages, intercom and public address
• additional lighting for greater nighttime visibility
• significant reduction in part count and assembly time
• designed for easier service and maintenance

The K5v5 is Knightscope’s flagship ASR and is capable of both indoor and outdoor deployments. For the past 8.5 years, the K5 has successfully autonomously navigated parking lots, parking structures, corporate campuses, schools, hospitals, transportation hubs, casinos, malls, warehouses and many other locations across the United States, reducing crime and keeping people safe at the places they live, work, study and visit. The next generation K5 will build on that experience and continue to be a driving force in the Company’s mission to make the U.S. the safest country in the world.

LEARN MORE

To learn more about Knightscope’s 5^th Generation K5, the Company’s NEW Automated Gunshot Detection, Blue Light Emergency Communication Systems and other Autonomous Security Robots – 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 executive transitions and the timing thereof, and the Company’s goals, 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, uncertainties and other important factors that could cause actual results to differ materially from such forward-looking statements. These risks and uncertainties include, among other things, the risk that executive transitions may have greater costs than anticipated; that executive transitions 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; that executive transitions may negatively impact the Company’s business operations and reputation with or ability to serve customers; or that executive transitions 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/20231213340048/en/

Public Relations:

Stacy Stephens

Knightscope, Inc.

(650) 924-1025

Source: Knightscope

FAQ

What is the company name and ticker symbol of the autonomous security robot developer?

The company is Knightscope, Inc. and its ticker symbol is KSCP.

Where is the production of the 5th Generation K5 Autonomous Security Robot taking place?

The production is taking place in Silicon Valley at Knightscope's Headquarters.

What are some of the improvements in the 5th Generation K5 Autonomous Security Robot?

The improvements include a wider stance, raised camera elevation, new battery architecture, audio enhancements, additional lighting, and easier service and maintenance design.

What is the track record of the K5 Autonomous Security Robot in reducing crime?

The K5 has successfully reduced crime across parking lots, corporate campuses, schools, hospitals, transportation hubs, casinos, malls, and warehouses in the United States.