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Knightscope Succeeds With Another Crime Fighting Win

Autonomous Security Robot Developer Credited with Dramatically Reducing 911 Calls

Company Now Backed by Over 21,000 Investors; Sets Closing Date for Investment Offering

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Knightscope, Inc., developer of advanced physical security technologies utilizing fully autonomous robots focused on enhancing U.S. security operations, announced today another crime fighting win for its technology. Additionally, the Company’s Regulation A+ Investment Offering will close on Wednesday, April 21, 2021.

DRAMATIC REDUCTION IN 911 CALLS

As reported by the Las Vegas Review-Journal, Knightscope has garnered yet another crime-fighting win to add to its long list of successes. According to the article:

  • The complex routinely ranked among the top three northeast Las Vegas apartment complexes for 911 calls prior to deploying a K5 security robot they named Westy, “but now they say we’re not even in the top 10,” complex manager Carmen Batiz said. “It has deterred a lot of crime and vandalism.”
  • Officer Aden Ocampo-Gomez of the Las Vegas Metropolitan Police Department said Liberty Village was in the top three for 911 calls for apartment complexes in the northeast part of the valley, but has fallen out of the top 10.
  • The robot’s success could be duplicated in other Las Vegas complexes owned by California-based Westland Apartments, Batiz said.

OVER 21,000 INVESTORS

To date, over 21,000 investors have purchased shares in Knightscope through several rounds of funding. The Company has raised over $70 million since inception to build its technology from scratch, has created dozens of new American jobs and has contracts from paying clients across the United States in five time zones. Investors have less than 30 days to finalize their investment in Knightscope at the current price of $10 per share.

PURCHASING SHARES IN KNIGHTSCOPE

Knightscope is currently accepting accredited and unaccredited investors from as low as $500 to $10 million completely online. To learn about purchasing shares in Knightscope or to watch a video describing the opportunity, please visit here. The Offering Circular filed with respect to the Knightscope Reg A+ Offering, which contains important information and disclosures including financial statements and risk factors, is available here.

About Knightscope

Knightscope is an advanced security technology company based in Silicon Valley that builds fully autonomous security robots that deter, detect and report. Our 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.

Legal Disclaimer

Knightscope and www.knightscope.com are operated by Knightscope, Inc. Investment opportunities in the Reg A+ offering are not a public offering, are private placements, are subject to long hold periods, are illiquid investments and investors must be able to afford the loss of their entire principal. There is no guarantee that Knightscope will register its shares with the SEC or any stock exchange. Offers to buy or sell any security can only be made through official offering and subscription documents that contain important information about risks, fees and expenses. You should conduct your own due diligence including reviewing in detail the Offering Circular and consultation with a financial advisor, attorney, accountant, or other professional that can help you to understand the risks associated with the investment opportunity.

Forward-Looking Statements

This release may contain forward-looking statements regarding Knightscope’s proposed public listing of its securities and the timing thereof, projected business performance, operating results, financial condition and other aspects of the company, expressed by such language as “expected,” “anticipated,” “projected” and “forecasted.” These statements also include estimates of the pace of customer adoption of the company’s products, engineering developments and prototype capabilities. Please be advised that such statements are intentions or estimates only and there is no assurance that the results stated or implied by forward-looking statements will actually be realized by the company, or that the company will be able to consummate its planned goals (including without limitation, a public listing of its securities). Forward-looking statements may be based on management assumptions that prove to be wrong. The Company’s predictions may not be realized for a variety of reasons, including due to inability to raise a sufficient amount of funds, a lack of marketability for the company’s securities, failure of business operations, competition, customer sales cycles, and engineering or technical issues, among others. The Company and its business are subject to substantial risks and potential events beyond its control that would cause material differences between predicted results and actual results, including the company incurring operating losses and experiencing unexpected material adverse events.

Contacts

Stacy Dean Stephens, (650) 924-1025

Knightscope, Inc.


Release Summary
Knightscope secures another crime fighting win and announces closing date for Reg A+ Investment Offering.
Release Versions

Contacts

Stacy Dean Stephens, (650) 924-1025

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