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Knightscope Deploys Security Robots in Pennsylvania and Georgia

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Knightscope, Inc. [Nasdaq: KSCP], a robotics and AI company focused on public safety, has announced two new deployments of its 5th Generation K5 Autonomous Security Robot (ASR). The deployments include:

1. A luxury hotel in Athens, Georgia, where the K5 ASR aims to enhance guest experience and safety.

2. A multi-family housing complex in Pittsburgh, Pennsylvania, owned by an investment company with properties in 14 states. This deployment adds to their existing two K1 ASRs and will help oversee safety during construction and after completion.

These deployments highlight Knightscope's growth in the hospitality and multi-family living markets. The company offers various public safety technologies, including ASRs, Blue Light Emergency Communication Systems, and Automated Gunshot Detection Services.

Knightscope, Inc. [Nasdaq: KSCP], un'azienda di robotica e intelligenza artificiale focalizzata sulla sicurezza pubblica, ha annunciato due nuove installazioni del suo Robot di Sicurezza Autonomo di 5ª Generazione K5 (ASR). Le installazioni includono:

1. Un hotel di lusso ad Atene, Georgia, dove il K5 ASR mira a migliorare l'esperienza e la sicurezza degli ospiti.

2. Un complesso residenziale multifamiliare a Pittsburgh, Pennsylvania, di proprietà di una società di investimento con proprietà in 14 stati. Questa installazione si aggiunge ai loro due K1 ASR esistenti e contribuirà a garantire la sicurezza durante la costruzione e dopo il completamento.

Queste installazioni evidenziano la crescita di Knightscope nei mercati dell'ospitalità e dell'abitare multifamiliare. L'azienda offre diverse tecnologie per la sicurezza pubblica, inclusi ASR, Sistemi di Comunicazione di Emergenza Blue Light e Servizi Automatizzati di Rilevamento di Spari.

Knightscope, Inc. [Nasdaq: KSCP], una empresa de robótica e inteligencia artificial centrada en la seguridad pública, ha anunciado dos nuevos despliegues de su Robot de Seguridad Autónomo de 5ª Generación K5 (ASR). Los despliegues incluyen:

1. Un hotel de lujo en Atenas, Georgia, donde el K5 ASR tiene como objetivo mejorar la experiencia y la seguridad de los huéspedes.

2. Un complejo de viviendas multifamiliares en Pittsburgh, Pennsylvania, dirigido por una empresa de inversiones con propiedades en 14 estados. Este despliegue se suma a sus dos ASR K1 existentes y ayudará a supervisar la seguridad durante la construcción y después de la finalización.

Estos despliegues resaltan el crecimiento de Knightscope en los mercados de hospitalidad y de vivienda multifamiliar. La empresa ofrece diversas tecnologías de seguridad pública, incluidos ASR, Sistemas de Comunicación de Emergencia Blue Light y Servicios Automatizados de Detección de Disparos.

Knightscope, Inc. [Nasdaq: KSCP], 공공 안전에 중점을 둔 로봇 및 AI 회사가 5세대 K5 자율 보안 로봇(ASR)의 두 가지 새로운 배치를 발표했습니다. 배치는 다음과 같습니다:

1. 조지아주 아테네의 고급 호텔로, K5 ASR은 투숙객의 경험과 안전성을 향상시키는 것을 목표로 합니다.

2. 펜실베이니아주 피츠버그에 위치한 다세대 주택 복합체로 14개 주에 속한 자산을 보유한 투자 회사가 소유하고 있습니다. 이 배치는 기존의 두 개 K1 ASR에 추가되며, 건설 중과 완료 후 안전을 감독하는 데 도움을 줄 것입니다.

이러한 배치는 Knightscope의 환대 및 다세대 주거 시장에서의 성장을 강조합니다. 회사는 ASR, 블루라이트 긴급 통신 시스템 및 자동 총격 탐지 서비스 등 다양한 공공 안전 기술을 제공합니다.

Knightscope, Inc. [Nasdaq: KSCP], une entreprise de robotique et d'intelligence artificielle axée sur la sécurité publique, a annoncé deux nouveaux déploiements de son Robot de Sécurité Autonome K5 de 5e génération (ASR). Les déploiements incluent :

1. Un hôtel de luxe à Athens, en Géorgie, où le K5 ASR vise à améliorer l'expérience et la sécurité des clients.

2. Un complexe de logements multifamiliaux à Pittsburgh, en Pennsylvanie, détenu par une société d'investissement possédant des biens dans 14 états. Ce déploiement s'ajoute à leurs deux ASR K1 existants et contribuera à superviser la sécurité pendant la construction et après l'achèvement.

Ces déploiements mettent en lumière la croissance de Knightscope sur les marchés de l'hospitalité et de la vie multifamiliale. L'entreprise propose différentes technologies de sécurité publique, notamment des ASR, des Systèmes de Communication d'Urgence Blue Light et des Services Automatisés de Détection de Tirs.

Knightscope, Inc. [Nasdaq: KSCP], ein Robotik- und KI-Unternehmen, das sich auf öffentliche Sicherheit konzentriert, hat zwei neue Einsätze seines 5. Generation K5 Autonomen Sicherheitsroboters (ASR) angekündigt. Die Einsätze umfassen:

1. Ein Luxushotel in Athens, Georgia, wo der K5 ASR darauf abzielt, das Gästeerlebnis und die Sicherheit zu verbessern.

2. Ein Mehrfamilienwohnkomplex in Pittsburgh, Pennsylvania, im Besitz eines Investmentunternehmens mit Immobilien in 14 Bundesstaaten. Dieser Einsatz ergänzt ihre bestehenden zwei K1 ASRs und wird helfen, die Sicherheit während der Bauarbeiten und nach der Fertigstellung zu überwachen.

Diese Einsätze unterstreichen das Wachstum von Knightscope in den Bereichen Gastgewerbe und multifamiläres Wohnen. Das Unternehmen bietet verschiedene Technologien für die öffentliche Sicherheit an, darunter ASRs, Blue Light Notrufsysteme und automatisierte Schusswaffenerkennungssysteme.

Positive
  • Expansion into new markets: hospitality and multi-family housing
  • Deployment of advanced 5th Generation K5 Autonomous Security Robots
  • Repeat customer in Pennsylvania upgrading from K1 to K5 ASR
  • Diversified product portfolio including ASRs, emergency communication systems, and gunshot detection services
Negative
  • None.

Insights

Knightscope's expansion into new markets, particularly hospitality and multi-family housing, signals a strategic diversification of its client base. The deployment in Athens, GA, showcases the company's ability to penetrate the luxury hotel segment, potentially opening doors to a lucrative market that values both guest experience and security. This move could enhance brand visibility and drive future growth.

The Pittsburgh deployment is particularly noteworthy as it demonstrates client retention and upselling. The property owner's decision to upgrade from K1 to K5 ASRs suggests satisfaction with Knightscope's products and could lead to further expansions across their portfolio of properties in 14 states. This repeat business model could provide a stable revenue stream and foster long-term client relationships.

However, investors should note that while these deployments are positive indicators, the financial impact remains unclear without specific contract values or revenue projections. The company's ability to scale these initial deployments into larger contracts will be important for long-term success.

Knightscope's deployment of 5th Generation K5 Autonomous Security Robots (ASRs) represents a significant technological advancement in the security industry. These ASRs integrate AI and robotics to provide a more efficient and cost-effective security solution compared to traditional methods.

The K5's ability to adapt to diverse environments, from luxury hotels to construction sites, showcases its versatility and robust design. The integration of AI allows for real-time data processing and decision-making, potentially reducing response times and improving overall security effectiveness.

However, the tech sector should watch for potential challenges in scalability and maintenance. As Knightscope expands its deployments, ensuring consistent performance and timely updates across a growing fleet of robots will be crucial. Additionally, the company's ability to continuously innovate and stay ahead of potential cybersecurity threats will be essential for maintaining its competitive edge in the rapidly evolving AI and robotics market.

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), an innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety, today announces two new deployments of its 5th Generation K5 Autonomous Security Robot (“ASR”) at a hotel in Georgia and a multi-family housing complex in Pennsylvania.

Knightscope Deploys Security Robots in Pennsylvania and Georgia (Photo: Business Wire)

Knightscope Deploys Security Robots in Pennsylvania and Georgia (Photo: Business Wire)

Athens, GA

The hospitality market is growing for Knightscope as hotels, resorts and convention centers begin to realize the many benefits that ASRs bring to the industry. Guest experience and safety is an indicator of quality service, and the deployment of Knightscope’s all-new K5 at this luxury Athens hotel adds a futuristic, branded and engaging element to that experience while keeping guests, employees and visitors safe.

Pittsburgh, PA

Multi-family living has proven to be an excellent fit for Knightscope’s K5, providing real estate investors with an Artificial Intelligence-equipped, next generation neighborhood watch program. This Pittsburgh property, owned by an investment company with dozens of other properties in 14 states, previously deployed two K1 ASRs and now has a K5 ASR to help dynamically oversee the safety of the construction for a new development as well as the finished complex upon completion.

GET EXPERT HELP

To learn more about Knightscope’s portfolio of public safety technologies, including the recently announced K1 Laser or any of its Autonomous Security Robot, Blue Light Emergency Communication System or Automated Gunshot Detection Services, book a discovery call or demonstration today at www.knightscope.com/discover.

About Knightscope

Knightscope builds cutting-edge technologies to improve public safety, and our 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.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. 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 the Company’s goals, profitability, growth, prospects, reduction of expenses, and outlook. 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, including the factors discussed under the heading “Risk Factors” in Knightscope’s Annual Report on Form 10-K for the year ended December 31, 2023, as updated by its other filings with the Securities and Exchange Commission. 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.

Public Relations:

Stacy Stephens

Knightscope, Inc.

(650) 924-1025

Source: Knightscope, Inc.

FAQ

What new deployments did Knightscope (KSCP) announce in Pennsylvania and Georgia?

Knightscope announced the deployment of its 5th Generation K5 Autonomous Security Robot (ASR) at a luxury hotel in Athens, Georgia, and a multi-family housing complex in Pittsburgh, Pennsylvania.

How is Knightscope (KSCP) expanding in the hospitality market?

Knightscope is expanding in the hospitality market by deploying its K5 ASR at hotels, resorts, and convention centers to enhance guest experience and safety, as demonstrated by the recent deployment at a luxury hotel in Athens, Georgia.

What types of properties is Knightscope (KSCP) targeting for its security robots?

Knightscope is targeting various properties including hotels in the hospitality sector and multi-family housing complexes, as evidenced by their recent deployments in Georgia and Pennsylvania.

What products does Knightscope (KSCP) offer besides Autonomous Security Robots?

In addition to Autonomous Security Robots, Knightscope offers Blue Light Emergency Communication Systems, Automated Gunshot Detection Services, and the recently announced K1 Laser.

Knightscope, Inc.

NASDAQ:KSCP

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