Port Authority NY NJ Expands Service and a New 15-Device Client Emerges

Rhea-AI Summary

Knightscope, Inc. (Nasdaq: KSCP) announces an expansion of services in New York and a new sale of 15 machines to a police department in California. The expansion includes the addition of the Knightscope Emergency Management System (KEMS) Professional service to monitor call boxes on the George Washington Bridge, enhancing real-time health and status monitoring. The sale to the police department in California includes 5 K1 Blue Light Towers for a new public park and 10 K1 Blue Light E-Phones for a new parking structure, expanding access to emergency communications for motorists, bicyclists, and pedestrians.

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 an expansion of services in New York and a new sale of 15 machines to a police department in California.

Port Authority NY NJ Expands Service and a New 15-Device Client Emerges (Photo: Business Wire)

Port Authority New York New Jersey added the Knightscope Emergency Management System (KEMS) Professional service to monitor its 11 K1 Call Boxes on the George Washington Bridge. The KEMS platform allows clients and technicians to better understand the real-time health and status of deployed emergency communication devices. The cloud-based application monitors the system wide state-of-health, alerts users concerning operational issues, provides technicians real-time error detection/diagnostics, and collects/reports system performance statistics.

A police department in Southern California is purchasing 5 K1 Blue Light Towers to be installed in a new public park and 10 K1 Blue Light E-Phones in a new parking structure.

Knightscope’s Blue Light Towers, E-Phones and Call Boxes expand access to emergency communications for motorists, bicyclists and pedestrians utilizing the bridge as well as the park visitors by providing direct access to emergency services for people who may be experiencing danger, a crisis or some form of distress.

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/20231109118870/en/

Stacy Stephens

Knightscope, Inc.

(650) 924-1025

Source: Knightscope, Inc.

FAQ

What does Knightscope, Inc. (Nasdaq: KSCP) announce in the press release?

Knightscope announces an expansion of services in New York and a new sale of 15 machines to a police department in California.

What is included in the expansion of services in New York?

The expansion includes the addition of the Knightscope Emergency Management System (KEMS) Professional service to monitor call boxes on the George Washington Bridge, enhancing real-time health and status monitoring.

What products are being sold to the police department in California?

The sale includes 5 K1 Blue Light Towers for a new public park and 10 K1 Blue Light E-Phones for a new parking structure, expanding access to emergency communications for motorists, bicyclists, and pedestrians.