Knightscope (Nasdaq: KSCP) Security Robot Reports for Duty at Texas Lubricant Manufacturer

Rhea-AI Summary

Knightscope (NASDAQ: KSCP), a company specializing in advanced physical security technologies, announced the successful deployment of its Knightscope K5 Autonomous Security Robot at a Houston lubricant manufacturing facility. This initiative aims to enhance safety by mitigating environmental and health risks associated with petrochemical plants. The K5's role is critical, as such facilities face unique threats that could lead to significant financial and human costs. Knightscope's commitment to public safety underscores its growing influence in the security sector.

Positive

• Successful deployment of K5 Autonomous Security Robot at a Houston manufacturing facility.
• Increased market presence in the petrochemical industry with a focus on 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 Houston manufacturer of premium quality lubricants and associated products for the automotive, industrial and drilling markets has successfully deployed its Knightscope K5 Autonomous Security Robot (ASR) to help protect this industrial plant and storage facility in the northeast corner of the city. Petrochemical plants pose unique challenges that include threats to the environment, neighboring populations, and site employees’ lives and health. An accidental or intentional incident at such a plant could cause the company to incur crippling costs, or worse, loss of life. Knightscope is delighted to be a trusted part of this important safety program.

Knightscope (Nasdaq: KSCP) Security Robot Reports for Duty at Texas Lubricant Manufacturer (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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220816005700/en/

Donna Loughlin Michaels, LMGPR, (408) 393-5575

Source: Knightscope, Inc.

FAQ

What is the recent deployment by Knightscope (KSCP) in Houston?

Knightscope successfully deployed its K5 Autonomous Security Robot at a lubricant manufacturing facility in Houston to enhance safety.

How does the K5 Autonomous Security Robot improve safety at petrochemical plants?

The K5 helps mitigate environmental and health risks associated with petrochemical plants, which face unique safety challenges.

What market sector is Knightscope (KSCP) expanding into?

Knightscope is expanding its market influence in the petrochemical sector, focusing on safety and security technologies.

What stock symbol is associated with Knightscope?

Knightscope is traded under the stock symbol KSCP on Nasdaq.