Knightscope Announces Sales to Military Base, Mall and University

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 three new sales totaling eight units.

A Knightscope reseller expanded the use of K1 Retrofit Kits at Nellis Air Force Base. There are now 20 competitor products that have been retrofitted with Knightscope’s modern technologies at Nellis, providing extremely cost-effective systems that use cellular and satellite communications with optional solar power to serve the women and men of our armed forces and their families.

Santa Rosa Mall in Bayamón, Puerto Rico, signed a contract for one K5 Autonomous Security Robot (ASR) that will patrol indoors to deter crime and promote the mall’s forward-thinking brand. The mall’s management company has a second indoor mall and 16 outdoor retail properties. Knightscope’s successes in retail date back to the Company’s early days, many of which can be seen on its Crime page here. Additionally, the team recently posted a blog outlining its 4-step recommendation for securing these high value properties.

And finally, a 130 year old Connecticut university is expanding its use of Knightscope technologies with 6 additional K1 Blue Light Emergency Phones. The benefits of installing emergency phones include eliminating the need to find a number to call during an emergency; location tracking so that emergency personnel know exactly where to dispatch help; and to supplement spotty cell coverage and dead batteries often contributing to failed communications in time of need. Other recommendations for improving campus safety may be found here.

Knightscope’s leading-edge communications products and ASR services provide reliable technologies for commercial real estate and educational campuses to help better protect the places people live, work, study and visit. To learn more about Knightscope’s Blue Light Emergency Communication Systems or Autonomous Security Robots, 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 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.