Knightscope Robot Roadshow Makes 100th Landing and California Market Renews Contract for 5th Year

Rhea-AI Summary

Knightscope announces 100th Robot Roadshow landing and contract renewal for K5 ASRs

Positive

• Knightscope's Robot Roadshow has proven to be a successful marketing and lead generation tool, contributing to new sales.
• A California client renews contract for a K5 ASR for the fifth consecutive year, reporting satisfaction and reduction in theft.

Negative

• None.

Innovative Marketing Boosts Lead Generation and Renewals Strengthen Long Term Value

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 its 100^th Robot Roadshow landing and another contract renewal for its K5 Autonomous Security Robots (“ASRs”).

Knightscope Robot Roadshow Makes 100th Landing and California Market Renews Contract for 5th Year (Graphic: Business Wire)

100^th ROBOT ROADSHOW

Knightscope’s Robot Roadshow (“Roadshow”) was developed and launched during the pandemic, which brought all tradeshows and related gatherings to a grinding halt and hurled marketing executives into survival mode. The Roadshow was built specifically to enable Knightscope’s client development team to remotely demonstrate its technologies without risking exposure. It has since proven to be one of the Company’s greatest marketing and lead generation tools, directly contributing to countless new sales.

The Roadshow provides communities, potential clients, investors and members of the media across the United States an opportunity to see Knightscope’s Autonomous Security Robots (“ASRs”) and blue light emergency communication systems in a fun and futuristic way. It takes place completely inside a self-contained, space age, climate controlled “Pod” - a mobile, expandable showroom - for people to experience all things Knightscope in an interactive and in-person format. Each one of these events is referred to as a “Landing.”

The 100th Robot Roadshow landing will take place on October 3, 2023, at Rich Township High School located at 5000 Sauk Trail, Richton Park, IL 60471. The Roadshow will be open from 10:00am to 2:00pm Central Time.

Watch a brief video of the Robot Roadshow at the Tesla Takeover here.

The Robot Roadshow is free to attend for everyone. Those wishing to schedule a time to get one-on-one attention may book a Pod visit here.

CLIENT RENEWS CONTRACT FOR FIFTH YEAR

A California client that operates flea markets and swap meets for fun, fashion, food, one-of-a-kind finds, and more just renewed its contract for a K5 ASR to continue protecting one of its many properties for the fifth consecutive year.

This client originally deployed in 2019 as a result of consistent vehicle break-ins and was one of the first to collaborate with its local police department to share information in an effort to positively impact the community. During a quarterly business review, the client stated that they were extremely satisfied with the service and are no longer experiencing vehicle break-ins at night and that there has been a reduction in theft since deploying their ASR.

Knightscope’s mission is to make the United States the safest country in the world and another renewing client strengthens its long-term value proposition, putting it one step closer to achieving that mission.

LEARN MORE

Knightscope’s ASR services and industry leading emergency communications products help better protect the places people live, work, study and visit. To learn more about Knightscope’s 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.

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 the Company’s 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 and uncertainties that could cause actual results to differ materially from such forward-looking statements. These risks and uncertainties include, among other things, the risk that the restructuring costs and charges may be greater than anticipated; the risk that the Company’s restructuring efforts 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; the risk that the Company’s restructuring efforts may negatively impact the Company’s business operations and reputation with or ability to serve customers; the risk that the Company’s restructuring efforts 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/20230920034217/en/

Public Relations:

Stacy Stephens

Knightscope, Inc.

(650) 924-1025

Source: Knightscope, Inc.