Knightscope (Nasdaq: KSCP) Signs Another Hospital Client Contract

Rhea-AI Summary

Knightscope, Inc (NASDAQ: KSCP) has expanded its market presence by securing a contract with a Connecticut hospital to deploy a K5 Autonomous Security Robot (ASR). This initiative aims to enhance safety for staff, patients, and visitors, especially in areas prone to violence. By utilizing advanced security technology, Knightscope seeks to maintain a welcoming atmosphere while addressing security concerns in healthcare environments.

Positive

• Secured contract with a Connecticut hospital to deploy K5 ASR.
• Enhances safety for hospital staff, patients, and visitors.

Negative

• 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 Connecticut based hospital has executed a contract for a K5 Autonomous Security Robot (ASR). From a patient’s point of view, hospitals are an open welcoming place where healthcare is provided, and family and friends can provide support to those recovering. Behind the scenes, advanced security measures like Knightscope’s ASRs are put into place to keep the atmosphere open and welcoming and eliminate the violence that is becoming too common in the hospital environment. The K5 will be patrolling the hospital’s parking garage to ensure the safety of its staff, patients and visitors to improve the overall experience when healthcare is needed.

Knightscope (Nasdaq: KSCP) Signs Another Hospital Client Contract (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/20220810005580/en/

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

Source: Knightscope, Inc.

FAQ

What contract did Knightscope secure in Connecticut?

Knightscope secured a contract to deploy a K5 Autonomous Security Robot in a Connecticut hospital.

What is the purpose of the K5 Autonomous Security Robot?

The K5 Autonomous Security Robot is designed to enhance safety and security in hospital environments.

How does Knightscope's technology benefit healthcare facilities?

Knightscope's technology helps to reduce violence and ensure a welcoming environment for patients and visitors.

What is the stock symbol for Knightscope?

The stock symbol for Knightscope is KSCP.