Five More Clients Expand Adoption of Knightscope Technologies

Rhea-AI Summary

Knightscope announces five client expansions across its portfolio of technologies, highlighting strong relationships and great customer service.

Positive

• An additional Louisiana Casino will be getting a K5 Autonomous Security Robot as part of a larger master agreement, bringing the total number of robots to 6.
• A university in Texas issued a purchase order for 2 additional K1 Blue Light Towers, increasing the total number of Knightscope emergency communication devices on campus to 119.
• A San Francisco Bay Area transit district added a K1 Call Box to its 14-emergency phone system.
• Two municipalities, one in Michigan and the other in Georgia, expanded their emergency communication systems.
• A metro-Atlanta suburb added 2 K1 Call Boxes to its 24-phone system, and a Detroit suburb added 1 K1 Blue Light E-Phone to the 6 deployed last year.

Negative

• None.

Strong Relationships and Great Customer Service Boost Sales Results for Continued Growth

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 five client expansions across its portfolio of technologies. This growth in adoption underscores the unwavering commitment of both Knightscope and its clients to making the places people live, work, study and visit safer, more secure, and ultimately more productive.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231019989265/en/

Five more clients expand adoption of Knightscope technologies - strong relationships and great customer service boost sales results for continued growth. (Graphic: Business Wire)

Leveraging relationships with an existing user base is one of the best ways to increase sales. Clients rely on Knightscope experts to proactively perform assessments and make recommendations that empower them to stay ahead of emerging threats, reduce operational costs, and add measurable improvements to their public safety profile. The repeat business is the most credible form of validation that Knightscope’s technologies are affordably solving real problems and creating long-term value.

RESORTS/CASINOS

Another Louisiana Casino will be getting a K5 Autonomous Security Robot (“ASR”) as part of a larger master agreement previously announced, bringing the total number of robots to 6 under this agreement.

UNIVERSITIES

A university in Texas issued a purchase order for 2 additional K1 Blue Light Towers. Once delivered, the university will have 119 Knightscope emergency communication devices on campus.

TRANSPORTATION

A San Francisco Bay Area transit district added a K1 Call Box to its 14-emergency phone system.

MUNICIPALITIES

Two municipalities, one in Michigan and the other in Georgia, expanded their emergency communication systems. A metro-Atlanta suburb added 2 K1 Call Boxes to its 24-phone system, and a Detroit suburb added 1 K1 Blue Light E-Phone to the 6 deployed last year.

LEARN MORE

To learn how Knightscope’s Blue Light Emergency Communication Systems or Autonomous Security Robots – now with the option of Private LTE – will work for you, book a discovery call or demonstration today 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/20231019989265/en/

Public Relations:

Stacy Stephens

Knightscope, Inc.

(650) 924-1025

Source: Knightscope, Inc.

What expansions has Knightscope announced?

Knightscope has announced five client expansions across its portfolio of technologies.

How many additional robots will the Louisiana Casino receive?

The Louisiana Casino will receive an additional K5 Autonomous Security Robot, bringing the total number of robots to 6.

How many Knightscope emergency communication devices will the university in Texas have on campus?

The university in Texas will have 119 Knightscope emergency communication devices on campus.

What did the San Francisco Bay Area transit district add to its emergency phone system?

The San Francisco Bay Area transit district added a K1 Call Box to its 14-emergency phone system.

How many K1 Call Boxes were added by the metro-Atlanta suburb?

The metro-Atlanta suburb added 2 K1 Call Boxes to its 24-phone system.

How many K1 Blue Light E-Phones were added by the Detroit suburb?

The Detroit suburb added 1 K1 Blue Light E-Phone to the 6 deployed last year.