Knightscope Builds on Land and Expand Plan with Two More Purchase Orders

Rhea-AI Summary

Knightscope, Inc. (KSCP) announces expansion sales from a Knightscope Authorized Partner and a Texas university for their autonomous security robots and blue light emergency communication systems. The sales include an inventory replenishment order for 9 new K1 Blue Light Towers and the implementation of standardized lighting and emergency call boxes in student neighborhoods. Year to date, expansion orders account for more than 170 Knightscope emergency communications devices in total.

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 two new expansion sales from a Knightscope Authorized Partner (“KAP”) and a Texas university.

Knightscope Builds on Land and Expand Plan with Two More Purchase Orders (Photo: Business Wire)

FLORIDA

Transportation Solutions & Lighting, Inc., – Safety and Security Division – National Safety Systems (“NSS/TS&L”) placed an inventory replenishment order for 9 new K1 Blue Light Towers in anticipation of further growth and demand for Knightscope’s emergency communication systems that improve school safety. These devices allow for greater coverage, improved access, and better cost control in maintaining campus safety. Year to date, NSS/TS&L expansion orders account for more than 170 Knightscope emergency communications devices in total.

TEXAS

An advocacy group in Central Texas dedicated to fighting for the safety of students and stakeholders around a popular university campus and surrounding student neighborhoods believes that standardized lighting and emergency call boxes needed to be implemented where most students reside. With a number of Knightscope K1 Call Boxes already in place, the client chose to protect their investment by adding a full-service maintenance contract and the Knightscope Emergency Management System (“KEMS”) platform to ensure long-term access and dependability.

Knightscope has over 7,000 K1 Blue Light Towers, E-Phones and Call Boxes in the field across the country supporting a wide variety of telecommunication technologies, power sources, geographic locations, equipment configurations and usage patterns. The all-new KEMS platform allows clients and technicians to better understand the real-time health and status of these machines-in-network. The cloud-based application monitors the system wide state-of-health, alerts users concerning operational issues, provides technicians real-time error detection/diagnostics, and collects/reports system performance statics.

LEARN MORE

To learn more about Knightscope’s NEW Automated Gunshot Detection, Blue Light Emergency Communication Systems or Autonomous Security Robots – now with the option of Private LTE – 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.

About TS&L

Transportation Solutions & Lighting's mission is to provide the highest level of quality and service to our customers in a sustainable and environmentally beneficial way. We pride ourselves with best-in-class products available through our successful partnerships with top manufactures. All products, integration, installation, around-the-clock support, and 24-hour onsite service come with 100% guaranteed complete satisfaction. Contact Transportation Solutions and Lighting, Inc. today for a free consultation.

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/20231212918091/en/

Public Relations:

Stacy Stephens

Knightscope, Inc.

(650) 924-1025

Source: Knightscope, Inc.

FAQ

What is the latest announcement from Knightscope, Inc. (KSCP)?

Knightscope, Inc. (KSCP) announces two new expansion sales from a Knightscope Authorized Partner and a Texas university for their autonomous security robots and blue light emergency communication systems.

What is the significance of the expansion sales?

The sales include an inventory replenishment order for 9 new K1 Blue Light Towers and the implementation of standardized lighting and emergency call boxes in student neighborhoods. Year to date, expansion orders account for more than 170 Knightscope emergency communications devices in total.

How many K1 Blue Light Towers were ordered by NSS/TS&L?

NSS/TS&L placed an inventory replenishment order for 9 new K1 Blue Light Towers.

What is the purpose of the Knightscope Emergency Management System (KEMS) platform?

The KEMS platform allows clients and technicians to better understand the real-time health and status of the machines-in-network, providing real-time error detection/diagnostics and collecting/reports system performance statistics.

How many Knightscope emergency communications devices are currently in the field?

Knightscope has over 7,000 K1 Blue Light Towers, E-Phones, and Call Boxes in the field across the country supporting a wide variety of telecommunication technologies, power sources, geographic locations, equipment configurations, and usage patterns.