Knightscope Wins Jackpot with Another Casino Client

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 two new contracts with a northern California casino. The casino signed one agreement for a K1 Tower and separately signed a pre-order for two of the Company’s K1 Hemisphere Autonomous Security Robots (“ASRs”). As recently announced, Knightscope deployed two K1 Hemispheres in Hawaii to mark the final stage of testing as it prepares to fulfill its many pre-order contracts.

The K1 Tower is a stationary indoor/outdoor ASR optimized for use at smaller properties where mobility is not necessarily required, or at points of ingress and egress. It operates 24/7 and has the same features clients have come to expect from Knightscope’s mobile ASRs with the added option of facial recognition which, in the case of casinos, may be used to identify VIPs, advantage players and known trespassers.

The K1 Hemisphere is compact and a perfect complement to its bigger siblings for casinos, commercial property owners, residential communities, bank ATM vestibules, truck stops, lobbies, loading docks, ports, rail, schools, and any other places where one seeks to elevate the security and safety profiles of the places people work, live, study and visit. The Hemisphere is also easily mounted to a variety of objects like poles, fences, buildings, walls, etc., making it an incredibly versatile addition to any security program.

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Knightscope’s ASR services and industry leading emergency communications products help better protect public spaces. 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.