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Knightscope Signs New Shopping Center Contract in Yonkers, New York
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Rhea-AI Summary
Knightscope, Inc. (NASDAQ: KSCP) announces a new contract with a shopping center owner in New York, marking a significant step in expanding its market presence. This contract enhances security operations at the center, utilizing its K5 Autonomous Security Robot to deter issues like trespassing and vehicle theft. The deployment of Knightscope's technology aims to improve safety and promote a better shopping environment, following a successful seven-year journey since its first deployment in Silicon Valley.
Positive
New contract signed with a New York shopping center owner, expanding market reach.
Utilization of K5 Autonomous Security Robots enhances security operations.
The contract aims to deter criminal activities, improving safety for patrons and vehicles.
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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 it has executed a new contract with a New York shopping center owner. Seven years ago yesterday, on Star Wars Day, Knightscope deployed its first robot at a popular Silicon Valley mall - an expanding use case with proven, ongoing successes. Protecting large parking lots and structures by enhancing existing security operations with a K5 Autonomous Security Robot (ASR) helps to deter common challenges among mall owners and management companies such as trespassers, criminal mischief, and catalytic converter theft, while ensuring the safety of employee and patron vehicles to help promote a more enjoyable and lucrative shopping experience.
Knightscope Signs New Shopping Center Contract in Yonkers, New York (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.
