Knightscope Begins Selling Automated Gunshot Detection

Rhea-AI Summary

Knightscope, Inc. (Nasdaq: KSCP) has announced the commencement of sales for its Automated Gunshot Detection (AGD) systems for indoor and outdoor environments. The AGD is completely automated with precision localization that can locate shots in both the horizontal and vertical planes, reducing police and security response times. Notifications are delivered in less than 2 seconds, and the system aims to mitigate active-shooter events, reduce false alarms, and complement other security solutions.

Positive

• Knightscope's AGD offers precision localization, reducing response times and aiming to save lives. The system is designed to minimize false alarms and complement other security solutions, providing a comprehensive security approach.

Negative

• None.

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, today announced the commencement of sales for its Automated Gunshot Detection (“AGD”) systems for both indoor and outdoor environments. AGD is now available as stand-alone sensors easily mounted to existing structures or with the optional pole-mounting kit and solar power for installation flexibility. In the coming weeks, Knightscope clients will have the option to add AGD onto new K1 Blue Light Tower orders or to upgrade the over 7,000 devices already deployed across the country.

Knightscope Begins Selling Automated Gunshot Detection (Graphic: Business Wire)

Knightscope’s AGD is completely automated with precision localization that can locate shots in both the horizontal and vertical planes (location and elevation), dramatically reducing police and security response times to help expedite the resolution of active shooter threats.

Industry recognized reasons for integrating gunshot detection include:

• mitigating active-shooter events to help save lives;
• reducing false alarms that could lead to threat fatigue, causing those affected to respond inappropriately in times of true danger; and
• complementing other security solutions to better protect the places people live, work, study and visit.

Once AGD detects a shot, notifications are delivered in less than 2 seconds (assuming sufficient cellular service) using a multi-sensor system that is incredibly reliable and minimizes false alarms. Knightscope believes that an on-site, hyper-focused, real-time system is significantly more effective than attempting a city-wide approach over vast areas.

LEARN MORE

Request a demo of Knightscope’s Automated Gunshot Detection, Autonomous Security Robots, and Blue Light Emergency Communication Systems 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/20231129468651/en/

Public Relations:

Stacy Stephens

Knightscope, Inc.

(650) 924-1025

Source: Knightscope, Inc.

FAQ

What is Knightscope, Inc.'s ticker symbol?

The ticker symbol for Knightscope, Inc. is KSCP on the Nasdaq.

What are the features of Knightscope's Automated Gunshot Detection (AGD) systems?

The AGD systems are completely automated with precision localization that can locate shots in both the horizontal and vertical planes, reducing police and security response times. Notifications are delivered in less than 2 seconds.

How can I request a demo of Knightscope's Automated Gunshot Detection?

You can request a demo of Knightscope's Automated Gunshot Detection, Autonomous Security Robots, and Blue Light Emergency Communication Systems at www.knightscope.com/discover.

What are the benefits of integrating gunshot detection systems?

The integration of gunshot detection systems aims to mitigate active-shooter events, reduce false alarms, and complement other security solutions to better protect people in various environments.