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Massachusetts REIT Signs Contract for Two Knightscope (Nasdaq: KSCP) ASRs
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Rhea-AI Summary
Knightscope, Inc. (NASDAQ: KSCP) has secured a contract with a 60-year-old real estate firm managing over 19,100 units across 19 U.S. states. The deal involves the deployment of Knightscope's K1 and K5 Autonomous Security Robots (ASRs) in Atlanta, Georgia, enhancing safety for residents in affordable housing communities. This partnership emphasizes the importance of quality living environments while integrating advanced security technologies to elevate safety profiles in residential properties.
Positive
Secured contract with a major real estate management firm overseeing 19,100 units.
Deployment of K1 and K5 Autonomous Security Robots enhances safety in affordable housing.
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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 60-year-old real estate development, investment and management firm with over 19,100 units under management in 19 U.S. states has signed a contract for Knightscope’s K1 and K5 Autonomous Security Robots (ASRs). This new client provides residents with high-quality housing in all asset classes, particularly communities with affordable housing components, like the property in Atlanta, Georgia, where these two ASRs will be utilized. They have a reputation for owning and managing properties that set the standard for quality in their markets, which includes providing the critical component of an elevated safety profile that will now be assisted by Knightscope technologies.
Massachusetts REIT Signs Contract for Two Knightscope (Nasdaq: KSCP) ASRs (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.
