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Texas Client Renews Knightscope Security Robot Contract

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Knightscope, Inc. [Nasdaq: KSCP], a robotics and AI company focused on public safety, announces two significant developments:

1. Contract Renewal in Texas: A Houston-based commercial real estate firm has renewed its agreement for one K1 Hemisphere and one K1 Tower to protect a large parking structure.

2. Robot Upgrade in California: Knightscope's oldest healthcare client, a California hospital dating back to 2016, received an upgrade to the fifth generation K5 Autonomous Security Robot (K5v5). This new version is faster to build, improves quality, and is easier to service.

These developments showcase Knightscope's growing expertise in securing commercial properties and its commitment to improving its technology. The company's Machine-as-a-Service model, enhanced with Risk & Threat Exposure (RTX), aims to elevate public safety tool delivery and improve client satisfaction.

Knightscope, Inc. [Nasdaq: KSCP], un'azienda di robotica e intelligenza artificiale focalizzata sulla sicurezza pubblica, annuncia due sviluppi significativi:

1. Rinnovo di Contratto in Texas: Un'azienda immobiliare commerciale con sede a Houston ha rinnovato il suo accordo per un K1 Hemisphere e un K1 Tower per proteggere un ampio parcheggio.

2. Aggiornamento del Robot in California: Il cliente sanitario più anziano di Knightscope, un ospedale della California risalente al 2016, ha ricevuto un aggiornamento al quinto generazione K5 Autonomous Security Robot (K5v5). Questa nuova versione è più veloce da costruire, migliora la qualità ed è più facile da servire.

Questi sviluppi dimostrano la crescente competenza di Knightscope nella sicurezza delle proprietà commerciali e il suo impegno a migliorare la propria tecnologia. Il modello Machine-as-a-Service dell'azienda, potenziato con Risk & Threat Exposure (RTX), mira a elevare la fornitura degli strumenti di sicurezza pubblica e migliorare la soddisfazione dei clienti.

Knightscope, Inc. [Nasdaq: KSCP], una empresa de robótica e inteligencia artificial enfocada en la seguridad pública, anuncia dos desarrollos significativos:

1. Renovación de Contrato en Texas: Una firma de bienes raíces comerciales con sede en Houston ha renovado su acuerdo para un K1 Hemisphere y un K1 Tower para proteger una gran estructura de estacionamiento.

2. Actualización de Robot en California: El cliente del sector sanitario más antiguo de Knightscope, un hospital de California fundado en 2016, ha recibido una actualización al quinto generación K5 Autonomous Security Robot (K5v5). Esta nueva versión es más rápida de construir, mejora la calidad y es más fácil de dar servicio.

Estos desarrollos destacan la creciente experiencia de Knightscope en la seguridad de propiedades comerciales y su compromiso con la mejora de su tecnología. El modelo Machine-as-a-Service de la compañía, mejorado con Risk & Threat Exposure (RTX), tiene como objetivo elevar la entrega de herramientas para la seguridad pública y mejorar la satisfacción del cliente.

Knightscope, Inc. [Nasdaq: KSCP], 공공 안전에 중점을 둔 로봇 및 인공지능 기업, 두 가지 중요한 개발 사항을 발표합니다:

1. 텍사스 계약 갱신: 휴스턴에 본사를 둔 상업용 부동산 회사가 대형 주차 구조물을 보호하기 위해 하나의 K1 Hemisphere와 하나의 K1 Tower에 대한 계약을 갱신했습니다.

2. 캘리포니아 로봇 업그레이드: Knightscope의 가장 오래된 의료 고객인 2016년부터 운영된 캘리포니아 병원이 다섯 번째 세대 K5 자율 보안 로봇(K5v5)으로 업그레이드되었습니다. 이 새로운 버전은 생산 속도가 빠르고 품질이 향상되며 서비스가 더 용이해졌습니다.

이러한 개발은 상업 재산 보안 분야에서 Knightscope의 증가하는 전문성을 보여주며, 기술 개선에 대한 헌신을 강조합니다. 회사의 리스크 및 위협 노출(RTX)으로 강화된 Machine-as-a-Service 모델은 공공 안전 도구 제공을 향상하고 고객 만족도를 높이는 것을 목표로 합니다.

Knightscope, Inc. [Nasdaq: KSCP], une entreprise de robotique et d'intelligence artificielle axée sur la sécurité publique, annonce deux développements significatifs :

1. Renouvellement de Contrat au Texas: Une société immobilière commerciale basée à Houston a renouvelé son contrat pour un K1 Hemisphere et un K1 Tower afin de protéger une grande structure de stationnement.

2. Amélioration du Robot en Californie: Le client hospitalier le plus ancien de Knightscope, un hôpital californien datant de 2016, a reçu une mise à niveau vers le robot de sécurité autonome de cinquième génération K5 (K5v5). Cette nouvelle version est plus rapide à produire, améliore la qualité et est plus facile à entretenir.

Ces développements témoignent de l'expertise croissante de Knightscope dans la sécurisation des propriétés commerciales et de son engagement à améliorer sa technologie. Le modèle Machine-as-a-Service de l'entreprise, renforcé par Risk & Threat Exposure (RTX), vise à améliorer la livraison des outils de sécurité publique et à accroître la satisfaction des clients.

Knightscope, Inc. [Nasdaq: KSCP], ein Robotik- und KI-Unternehmen, das sich auf öffentliche Sicherheit konzentriert, kündigt zwei bedeutende Entwicklungen an:

1. Vertragsverlängerung in Texas: Eine gewerbliche Immobilienfirma mit Sitz in Houston hat ihre Vereinbarung für einen K1 Hemisphere und einen K1 Tower zur Sicherung einer großen Parkstruktur erneuert.

2. Roboterausbau in Kalifornien: Der älteste Gesundheitskunde von Knightscope, ein kalifornisches Krankenhaus aus dem Jahr 2016, erhielt ein Upgrade auf den fünften Generation K5 Autonomous Security Robot (K5v5). Diese neue Version ist schneller zu produzieren, verbessert die Qualität und ist einfacher zu warten.

Diese Entwicklungen zeigen Knightscopes wachsendes Fachwissen bei der Sicherung von Gewerbeimmobilien und ihr Engagement zur Verbesserung ihrer Technologie. Das von dem Unternehmen entwickelte Machine-as-a-Service-Modell, das mit Risk & Threat Exposure (RTX) verbessert wurde, zielt darauf ab, die Bereitstellung von Werkzeugen zur öffentlichen Sicherheit zu erhöhen und die Kundenzufriedenheit zu verbessern.

Positive
  • Contract renewal with a major Houston commercial real estate firm
  • Upgrade of existing client (California hospital) to new K5v5 robot
  • K5v5 robot improvements: faster to build, better quality, easier to service
  • Enhanced Machine-as-a-Service model with Risk & Threat Exposure (RTX) feature
Negative
  • None.

Insights

Knightscope's contract renewal in Texas and robot upgrade in California highlight the company's growing foothold in the security robotics market. The renewal from a major Houston real estate firm suggests client satisfaction and potential for recurring revenue. The upgrade for a long-standing healthcare client demonstrates product evolution and customer retention. However, the financial impact remains unclear without specific revenue figures.

The introduction of the K5v5 robot and the RTX enhancement could potentially improve operational efficiency and client value proposition. This might lead to increased market competitiveness, but it's important to monitor how these improvements translate into financial performance in future quarters. For investors, this news indicates steady business development but lacks immediate financial implications.

Knightscope's latest developments showcase technological advancements in autonomous security. The K5v5 robot's improvements in build speed, quality and serviceability indicate enhanced manufacturing processes and potential cost efficiencies. The 'hot-swap' capability for machine upgrades demonstrates flexible deployment strategies, which could be a significant selling point for clients.

The integration of the Risk & Threat Exposure (RTX) enhancement with the new K5v5 suggests a move towards more sophisticated, AI-driven security solutions. This could potentially differentiate Knightscope in the competitive security tech market. However, the real-world performance and reliability improvements mentioned will need to be quantified to assess their true impact on the company's market position and financial prospects.

California Hospital Receives Robot Upgrade

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, today announces another security robot contract renewal in Texas and a robot upgrade for a California hospital.

California Hospital Receives Robot Upgrade (Photo: Business Wire)

California Hospital Receives Robot Upgrade (Photo: Business Wire)

One of Houston’s top commercial real estate brokerage and property management firms, with dozens of office locations across the U.S., renewed its agreement for one K1 Hemisphere and one K1 Tower that protect a large parking structure at one of its many properties. Having now accumulated millions of hours of real-world experience, Knightscope has amassed a wealth of knowledge that it shares with its commercial real estate clients to elevate the safety profiles of properties using its top recommendations to secure parking lots and parking structures.

A California hospital, Knightscope’s oldest healthcare client dating back to 2016, received its upgrade to the fifth generation of its K5 Autonomous Security Robot (“K5v5”). Machine ‘hot-swaps’ began following the engineering release of the fully redesigned K5v5. This all-new security robot is faster to build, improves quality, and is easier to service. When paired with Knightscope’s recently announced Risk & Threat Exposure (“RTX”) enhancement to its Machine-as-a-Service business model, the Company is able to elevate the delivery of public safety tools to its clients. As a result, on-site performance and reliability are strengthened, which raises ongoing client value and satisfaction.

GET EXPERT HELP

To learn more about Knightscope’s portfolio of public safety technologies, including the recently announced K1 Laser or any of its Autonomous Security Robot, Blue Light Emergency Communication System or Automated Gunshot Detection Services, 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 about us at www.knightscope.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.

Public Relations:

Stacy Stephens

Knightscope, Inc.

(650) 924-1025

Source: Knightscope, Inc.

FAQ

What new contracts did Knightscope (KSCP) announce in its recent press release?

Knightscope announced a contract renewal with a Houston-based commercial real estate firm for one K1 Hemisphere and one K1 Tower to protect a large parking structure.

What upgrade did Knightscope (KSCP) provide to its California hospital client?

Knightscope provided an upgrade to the fifth generation K5 Autonomous Security Robot (K5v5) for its oldest healthcare client, a California hospital dating back to 2016.

What improvements does the new K5v5 robot from Knightscope (KSCP) offer?

The new K5v5 robot is faster to build, improves quality, and is easier to service compared to previous versions.

How is Knightscope (KSCP) enhancing its Machine-as-a-Service business model?

Knightscope is enhancing its Machine-as-a-Service model with a Risk & Threat Exposure (RTX) feature to elevate the delivery of public safety tools to its clients.

Knightscope, Inc.

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