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TS&L Places Bulk Order for Knightscope K1 Blue Light Towers

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Knightscope, Inc. (Nasdaq: KSCP) announced a purchase order from Transportation Solutions & Lighting (TS&L) for 10 K1 Blue Light Towers, bringing their total for March to 40 units. These devices are part of a shift from traditional emergency call boxes to more cost-effective, solar-powered communication systems. Currently, Knightscope has over 7,000 blue light devices operational across the U.S., serving clients like NYPD and LAX. The company is set to showcase its technologies at the National Student School Safety & Security Conference from April 18-21 in Orlando, Florida.

Positive
  • Received a purchase order for 10 K1 Blue Light Towers, increasing March total to 40 units.
  • More than 7,000 operational blue light emergency devices across the U.S., indicating strong demand.
Negative
  • None.

Plan to Co-Exhibit at 2023 National Student School Safety & Security Conference

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Knightscope, Inc. (Nasdaq: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, today announced that Transportation Solutions & Lighting (“TS&L”), a Florida based reseller of Knightscope technologies, submitted a purchase order for another 10 new K1 Blue Light Towers to support anticipated and future customer orders. This brings their total order for the month of March to 40 emergency communication devices.

TS&L Places Bulk Order for Knightscope K1 Blue Light Towers (Photo: Business Wire)

TS&L Places Bulk Order for Knightscope K1 Blue Light Towers (Photo: Business Wire)

“Campuses are transitioning away from traditional emergency call boxes to more cost-effective systems using cellular and satellite communications powered by solar energy,” stated John Discepolo, director of sales - safety and security, TS&L. “We are able to affordably install Knightscope’s portfolio of K1 products with our customers, providing clear voice connectivity with a flashing blue strobe and area illumination to extend that helping hand to more remote locations.”

Knightscope currently has more than 7,000 blue light emergency communication devices in operation across the United States. Customers include NYPD, FDNY, LAX, U.S. Department of Homeland Security and many university campuses.

“Reliable and accessible emergency communications are a cornerstone to any successful security program,” said William Santana Li, chairman and CEO, Knightscope. “Aggressive partners like TS&L help us get these life-saving technologies in the hands of more universities, healthcare facilities and corporate campuses to further protect the places people live, work study and visit.”

Book a Discovery Call today to learn more about Knightscope’s blue light emergency communication systems and autonomous security robots.

2023 NATIONAL STUDENT SCHOOL SAFETY & SECURITY CONFERENCE (NSSSC)

TS&L will be exhibiting Knightscope’s communication technologies at the upcoming Student School Safety & Security Conference 18-21 April at the Doubletree by Hilton Hotel Orlando Downtown, 60 S Ivanhoe Blvd, Orlando, FL 32804. Every year more than 300 high school and university administrators, teachers, police chiefs, first responders, safety professionals, and community leaders attend the NSSSC. Their objective is to identify and share best practices concerning school safety and help model a community process to stamp out school violence in all its forms, including shootings, bullying, dating violence, vandalism, gang activity, and catastrophic events such as school massacres. A Knightscope expert will also be onsite to support TS&L and help field questions. Register to attend here.

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 the Company at www.knightscope.com. Follow Knightscope on Facebook, Twitter, LinkedIn and Instagram.

About TS&L

Transportation Solutions & Lighting's mission is to provide the highest level of quality and service to our customers in a sustainable and environmentally beneficial way. We pride ourselves with best-in-class products available through our successful partnerships with reputable manufactures. Our service and products come with 100% guaranteed complete satisfaction. Contact Transportation Solutions and Lighting, Inc. today for a free consultation.

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 include, but are not limited to, statements about the Company’s path to profitability, the Company’s targeted annualized revenue run rate, the Company’s plans for top-line growth, the Company’s ability to deliver on its backlog of new orders, the benefits of the Company’s planned streamlining of its operations and rightsizing of its combined workforce and the Company’s ability to achieve improved margins. 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, 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.

Public Relations:

Stacy Stephens

Knightscope, Inc.

(650) 924-1025

Corporate Communications:

IBN (InvestorBrandNetwork)

Los Angeles, California

www.InvestorBrandNetwork.com

310.299.1717 Office

Editor@InvestorBrandNetwork.com

Source: Knightscope, Inc.

FAQ

What are Knightscope's recent developments regarding K1 Blue Light Towers?

Knightscope announced a purchase order for 10 K1 Blue Light Towers, totaling 40 units ordered in March.

How many blue light emergency communication devices does Knightscope currently operate?

Knightscope has over 7,000 blue light emergency communication devices in operation across the United States.

When is the National Student School Safety & Security Conference taking place?

The conference will be held from April 18-21, 2023, in Orlando, Florida.

Who are Knightscope's clients for their emergency communication devices?

Knightscope's clients include NYPD, FDNY, LAX, and various university campuses.

What is the significance of the recent order from TS&L for Knightscope?

The order signifies growing demand for cost-effective emergency communication systems as campuses transition from traditional models.

Knightscope, Inc.

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