OMNIA Partners and Knightscope Team Up to Serve Public Sector

Rhea-AI Summary

Knightscope, Inc. partners with OMNIA Partners to offer Autonomous Security Robots and Emergency Communication Devices to over 115,000 state and local government agencies and educational institutions without a formal bidding process. The agreement aims to enhance safety and security for various organizations efficiently and affordably.

Positive

• Partnership with OMNIA Partners expands Knightscope's client reach to over 115,000 state and local government agencies and educational institutions.

• Efficient acquisition process without formal bidding for Autonomous Security Robots and Emergency Communication Devices.

• Enhances safety and security for organizations under budget constraints.

Negative

• None.

Technology Innovator Extends Client Reach through Cooperative Contract

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), an innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety, and OMNIA Partners, the largest and most experienced purchasing organization for public sector procurement, have extended an agreement to offer, without a formal bidding and contracting process, Knightscope’s Autonomous Security Robots (“ASRs”) and Emergency Communications Devices (“ECDs”) to the more than 115,000 state and local government agencies and educational institutions participating in the OMNIA Partners cooperative.

OMNIA Partners and Knightscope Team Up to Serve Public Sector (Photo: Business Wire)

“With almost 10,000 devices already deployed at education institutions, public-sector agencies and corporate campuses, Knightscope underscores its commitment to elevate safety at the places people live, work, study and visit,” said William Santana Li, chairman and CEO at Knightscope. “Our agreement with OMNIA Partners provides an efficient and affordable path to acquire the most advanced technologies available to organizations under constant budget pressure.”

Through the purchasing power of OMNIA Partners, participating agencies can leverage a cooperative contract with Knightscope to develop the best program to solve specific security challenges enabling them to protect their property and monitor the status remotely.

MEET WITH A HUMAN

To learn more about Knightscope’s Autonomous Security Robots and its Blue Light Emergency Communication Systems, book a discovery call or demonstration today at www.knightscope.com/discover.

About Knightscope

Knightscope builds cutting-edge technologies to improve public safety, and our long-term ambition is to make the United States of America the safest country in the world. Learn more at www.knightscope.com.

About OMNIA Partners

As your ally in the purchasing process, OMNIA Partners is dedicated to optimizing procurement for your organization. Our goal is to improve the way your organization identifies, evaluates, and procures what they need at the best value. With free membership, you’ll gain full access to our portfolio of leading national supplier contracts, spend visibility, analytics, and subject matter experts to help you identify more strategic and efficient ways to procure. We are here to help you achieve your procurement goals while saving you time and money along the way. Discover a better way to buy at www.omniapartners.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. 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 goals, profitability, growth, prospects, reduction of expenses, and outlook. Although Knightscope believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks, uncertainties and other important factors that could cause actual results to differ materially from such forward-looking statements, including the factors discussed under the heading “Risk Factors” in Knightscope’s Annual Report on Form 10-K for the year ended December 31, 2023, as updated by its other filings with the Securities and Exchange Commission. 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/20240508609582/en/

Public Relations:

Stacy Stephens

Knightscope, Inc.

(650) 924-1025

Source: Knightscope, Inc.

FAQ

What does the partnership between Knightscope and OMNIA Partners entail?

The partnership involves offering Autonomous Security Robots and Emergency Communication Devices to state and local government agencies and educational institutions without a formal bidding process.

How many devices are already deployed by Knightscope at various institutions?

Knightscope has almost 10,000 devices deployed at education institutions, public-sector agencies, and corporate campuses.

How can participating agencies benefit from the agreement?

Participating agencies can leverage a cooperative contract with Knightscope to develop a security program tailored to their specific needs.

Where can individuals learn more about Knightscope's security solutions?

To learn more about Knightscope's Autonomous Security Robots and Blue Light Emergency Communication Systems, individuals can book a discovery call or demonstration at www.knightscope.com/discover.