Knightscope Expansions Continue in Education and Commercial Real Estate

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 two expansion contracts from a community college and commercial real estate developer, both in California.

A 420-acre community college in California that recently invested more than $1.5 billion updating its facilities continues to update its safety and security measures. Knightscope was originally selected as their vendor of choice for replacing an outdated and discontinued emergency phone system with K1 Blue Light Towers. To date, the college has installed 26 Towers and is adding 6 more to their operation with today’s order.

Effective crime prevention at educational campuses depends on deterrence, access control, diligent monitoring and reliable emergency communications. Knightscope’s 5-Step Recommendation for Securing Schools, Colleges and Universities outlines a layered approach to integrating technologies that will affordably elevate a security program and help better protect the students, faculty, staff and visitors at these highly sensitive locations.

A Southern California commercial real estate development with 8 K1 Blue Light Towers is adding a full-service maintenance contract to ensure uninterrupted emergency communications at its property located next to the UC San Diego campus – a win/win for both entities. Knightscope’s responsiveness to service requests during the warranty period was instrumental in the client’s decision to extend their coverage and purchase the annual maintenance plan.

LEARN MORE

To learn how Knightscope’s Blue Light Emergency Communication Systems and Autonomous Security Robots – now with the option of Private LTE – will work for you, book a discovery call or demonstration today 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.