Knightscope Announces New Commercial Developer Contract

Public Safety Innovator Continues Market Expansion

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Knightscope, Inc. [Nasdaq: KSCP], a developer of advanced physical security technologies focused on enhancing U.S. security operations, today announced that it has a new signed contract with a commercial real estate developer headquartered in Denver, CO, specializing in the design and building of advanced live/work/play communities, incorporating the latest technology with exceptional community design. Upon completion of buildout, this urban center development will contain 38 high-rise towers with over 10 million square feet of technologically advanced residential, retail, office, hotel/convention center, and entertainment space, along with over 2.5 million square feet of innovative parking facilities integrated with multi-modal transportation alternatives. It will accommodate 7,500 permanent residents, over 30,000 additional daytime office and retail residents, along with a 500-room, 25-story world class hotel and a 225,000 square foot next-generation convention facility with a 1,500-seat, state-of-the-art indoor/outdoor amphitheater. The entire community is 100% solar-powered via a dedicated solar farm; new landscape technology greatly reduces CO2 while increasing O2; and a bio-tech water filtering system provides a 50% reduction in water consumption. Automation, including the use of Knightscope’s K5 Autonomous Security Robot (ASR) and other advanced technologies, will provide an unparalleled experience, all situated at the foot of the 14,000-foot peaks of the majestic Colorado Rockies.

Knightscope announces new commercial developer contract. (Photo: Business Wire)

About Knightscope
Knightscope [Nasdaq: KSCP] 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 us at www.knightscope.com. Follow Knightscope on Facebook, 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. 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. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” in the offering circular filed with the SEC on January 26, 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/20220314005319/en/

Donna Loughlin Michaels, LMGPR, (408) 393-5575

 

Source: Knightscope, Inc.