Two More K5 Security Robot Contracts from Hotel and Pre-K School

Rhea-AI Summary

Knightscope announces two new sales for its K5 Autonomous Security Robots at a hotel in Athens, Georgia, and a Pre-K school in Vancouver, Washington.

Positive

• The hospitality market is growing for Knightscope as hotels, resorts, and convention centers realize the benefits of ASRs. Knightscope adds a branded and engaging element to the guest experience while keeping them safe.
• Knightscope's contract with a Pre-K school in Vancouver, Washington, shows their commitment to protecting the education system. The K5 ASR will patrol the school perimeter and inspire children with its technology.

Negative

• None.

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 two more new sales for its K5 Autonomous Security Robots (“ASRs”) at a hotel in Athens, Georgia, and a Pre-K school in Vancouver, Washington.

Two More K5 Security Robot Contracts from Hotel and Pre-K School (Photo: Business Wire)

ANOTHER HOTEL

As shared in yesterday’s release, the hospitality market is growing for Knightscope as hotels, resorts and convention centers begin to realize the many benefits that ASRs bring to the industry. Guest experience is a hospitality business’s main indicator of quality service, so it is imperative to provide a well-rounded encounter to entice new guests to give a hotel a try and encourage those customers to return again and again. Knightscope adds a branded and engaging element to that experience while keeping guests, employees and visitors safe.

PROTECTING OUR MOST PRECIOUS ASSETS

Schools are the bedrock of Knightscope’s existence. The Company was founded as a result of the tragic events that took place at Sandy Hook Elementary. It is for this reason that every contract in the education system is so special to the entire organization. A Pre-K school in Vancouver, Washington, selected Knightscope to protect the future of America. The K5 ASR will patrol the perimeter of the school to ward off evildoers and act as a technological inspiration to these very impressionable children. It is an honor that Knightscope cannot put into words.

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/20231012258782/en/

Stacy Stephens

Knightscope, Inc.

(650) 924-1025

Source: Knightscope, Inc.

FAQ

What are the new sales for Knightscope's K5 Autonomous Security Robots?

Knightscope announced two new sales for its K5 Autonomous Security Robots at a hotel in Athens, Georgia, and a Pre-K school in Vancouver, Washington.

Why is the hospitality market growing for Knightscope?

The hospitality market is growing for Knightscope as hotels, resorts, and convention centers realize the benefits of ASRs in providing a well-rounded guest experience while ensuring safety.

What is Knightscope's commitment to the education system?

Knightscope's contract with a Pre-K school in Vancouver, Washington, demonstrates their commitment to protecting the education system. The K5 ASR will patrol the school perimeter and inspire children with its technology.

How can I learn more about Knightscope's products?

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