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Casino Expands with 3rd K5 and Police Department Renews Contract for 5th Year

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Knightscope announces new deployment at Illinois casino and contract renewal with Huntington Park Police Department
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  • Casinos are a strong market segment for Knightscope, indicating ongoing market demand
  • Renewal of contract with Huntington Park Police Department suggests the technology works for improving safety
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Robot Roadshow Landing at Global Security Exchange (GSX) Conference in Dallas September 11-13

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 a new deployment at an Illinois casino property utilizing a K5 Autonomous Security Robot (“ASR”). Additionally, the Huntington Park (California) Police Department renewed their contract for the fifth consecutive year for its K5 ASR.

Casino Expands with 3rd K5 and Police Department Renews Contract for 5th Year (Photo: Business Wire)

Casino Expands with 3rd K5 and Police Department Renews Contract for 5th Year (Photo: Business Wire)

Casinos are a strong market segment that continue to thrive for Knightscope. Testimonials from entertainment and gaming professionals acknowledge the importance technology plays in helping security officers perform better, managing positive customer relationships and ensuring a memorable visitor experience with the highest levels of safety. And the Company’s recently published blog with its top recommendations for casino security innovation are derived from those established relationships to ensure long-term success.

Similarly, the experience and documented success with Huntington Park led to Knightscope’s vision for Community Policing 2.0 allowing more police departments to reimagine public safety, answer recruiting challenges and build stronger relationships with their communities.

Knightscope leadership believes that a consistent stream of new deployments validates ongoing market demand, while expansions and multi-year renewals indicate that the technology works for its intended purpose – to improve safety at the places people live, work, study and visit.

LEARN MORE

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

IN CASE YOU MISSED IT

Knightscope’s Robot Roadshow will be landing in Dallas, TX, from September 11-13, 2023, at Global Security Exchange (“GSX”) 2023. The Roadshow will be open outside the main entrance of the convention center (north side at the lower A/B Driveway) during event exhibit hours.

GSX is brought to you by ASIS International – the world’s largest membership organization for security management professionals – and directly supports the administration of essential industry certifications, standards, and guidelines. The security industry convenes at GSX to stay informed, connected, and prepared through CPE-eligible education, networking events and access to the latest technologies like those on display in Knightscope’s Robot Roadshow.

The Robot Roadshow is an engaging experiential event, allowing potential clients and the general public to participate in expert-led demonstrations in a climate controlled, space-age “pod” where attendees may experience the self-driving, electric technologies that are already helping protect the places people live, work, study and visit from Hawaii to Texas to Pennsylvania. Visitors will be able to interact directly with Autonomous Security Robots, test a blue light emergency phone, and see the Knightscope Security Operations Center (KSOC) user interface in action.

Watch a brief video of the Robot Roadshow at the Tesla Takeover here.

The Robot Roadshow is free to attend for everyone. Those wishing to schedule a time to get one-on-one attention may book a Pod visit here.

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.

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.

Knightscope, Inc.

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knightscope is developing autonomous data machines (adms) - a technology platform that fuses robotics, predictive analytics and collaborative social engagement to predict and prevent crime. knightscope’s adms are fully autonomous robots with an array of onboard sensors used to monitor the surrounding environment and provide a physical and commanding presence in public places where security is needed. a single adm is capable of generating over 90 terabytes of data per year. it communicates via a wireless network directly with the knightscope security operations center (ksoc), a browser-based user interface, to provide real-time alerts of unusual or suspicious activity. knightscope's first machine, the k5, is available for preorder now on a maas (machine-as-a-service) basis to select customers in silicon valley at $6.25 per hour, per machine in 24/7 deployments for terms of one, two or three years. deploying k5 machines in outdoor environments on corporate campuses, around data cente