Knightscope Fulfills Million Dollar Contract Within 30 Days of Landing 2nd Million Dollar Contract
Knightscope, Inc. has fulfilled a $1.2 million contract for its K1 Call Boxes following a unanimous vote by the LA Metro Board. The Call Boxes will expand the Kenneth Hahn Call Box System by 210 units. This comes after a separate $1.25 million contract from Rutgers University. The Call Boxes are a complimentary service to motorists in Los Angeles County, generating approximately 5,500 calls annually. The boxes connect users to the CHP and provide their exact location for quick dispatch of services.
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Knightscope fulfilled a $1.2 million contract for its K1 Call Boxes, expanding the Kenneth Hahn Call Box System by 210 units.
A report by LA SAFE stated that approximately 4,000 calls from the Call Boxes result in some action or aid being rendered to users annually.
The Call Boxes immediately connect users to the CHP and provide the exact location of the device being used for quick dispatch of services.
06/01/2023 - 09:35 AM
Los Angeles County Expands Emergency Communication Capabilities with K1 Call Boxes
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 announced that it fulfilled a $1.2 million $1.25 million
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Knightscope Fulfills 210 Device, Million Dollar Contract Within 30 Days of Landing 2nd Million Dollar Contract (Photo: Business Wire)
A report issued by Los Angeles County Service Authority for Freeway Emergencies (LA SAFE) stated that the Call Boxes are a complimentary service to motorists in Los Angeles County available 24/7/365. Approximately 5,500 calls are generated annually from call boxes within Los Angeles County . Of this total, about 4,000 calls result in some action or aid being rendered to users including, but not limited to, Metro Freeway Service Patrol, Auto Club, California Highway Patrol (CHP) rotation tow, CHP dispatch, etc.
According to the Los Angeles Daily News, LA Metro board member and Los Angeles County Fourth District Supervisor Janice Hahn stated, “I think it is absolutely worth it. One of our responsibilities is to make sure our freeways are safe for people. This way, the motorists have a lifeline.” Hahn’s father, Kenneth Hahn, served on the Board of Supervisors from 1952-1992 and started the program that bears his name after witnessing a stranded mother and her children on the 110 Freeway.
The Call Boxes immediately connect users to the CHP and provide the exact location of the device being used so that services may be quickly dispatched. By contrast, law enforcement professionals are unable to pinpoint people using their personal cellular devices to contact 911 because GPS data is not transmitted through the system.
To learn more about Knightscope’s Autonomous Security Robots and Blue Light Emergency Communication Systems, 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 , 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 include, but are not limited to, statements about the Company’s path to profitability, the Company’s targeted annualized revenue run rate, the Company’s plans for top-line growth, the Company’s ability to deliver on its backlog of new orders, the benefits of the Company’s planned streamlining of its operations and rightsizing of its combined workforce and the Company’s ability to achieve improved margins. 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.
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Public Relations:
Stacy Stephens
Knightscope, Inc.
(650) 924-1025
Corporate Communications:
Los Angeles, California
www.InvestorBrandNetwork.com
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Source: Knightscope, Inc.
The company mentioned in the press release is Knightscope, Inc.
The contract fulfilled by Knightscope was worth $1.2 million.
The Call Boxes will expand the Kenneth Hahn Call Box System by 210 units.
Approximately 5,500 calls are generated annually from call boxes within Los Angeles County.
The Call Boxes connect users to the CHP (California Highway Patrol).
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About KSCP
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
