Knightscope Delivers On 9 New Deployments and Signs 2 New Contracts

Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), an innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety, today announces new Autonomous Security Robot (“ASR”) and Blue Light Emergency Communication System sales along with 9 new deployments on the heels of the recently announced winning of 18 contracts valued over $1 million. The contracts announced today are from Illinois and Kentucky, and the new deployments are in Arizona, California, Louisiana, and Nevada.

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Knightscope Delivers On 9 New Deployments and Signs 2 New Contracts (Graphic: Business Wire)

SALES CADENCE CONTINUES

A university in the Chicago area is upgrading 5 of its emergency communication systems with Knightscope’s upgrade kit. Modern blue light emergency phones and call boxes are the key to curing an overconfident dependence on cell phones. Many people may not have (or simply may not be carrying) a cell phone, the cell phone’s battery may be down, or there may be no signal in the area. Similarly, it is possible that visitors who find themselves in need of assistance may not be familiar with the local geography and landmarks, thus being unable to give emergency responders an exact or accurate location over a cell phone. In extreme situations (e.g., a major terrorist event, campus shooting, and natural or man-made disasters such as hurricanes, tornadoes, earthquakes, floods, wildfire, hazardous materials spill, etc.) cell phone users may also experience overloaded networks from too many subscribers trying to access the system during emergent situations when emergency access is most needed. The upgrade transforms the university’s older communications equipment into the more reliable 4G/LTE devices to ensure the highest levels of service.

The Car Park, a Knightscope Authorized Partner (“KAP”) in Idaho, is the reseller responsible for landing a K5 ASR contract with a Louisville, Kentucky hotel. The K5 is driven by proprietary AI software that enhances safety measures at the property while providing visitors with a unique, interactive guest experience. Knightscope’s K5 is the Company’s fully autonomous (i.e., no human intervention needed to operate) outdoor robot capable of watching over a property 24/7/365. The robot’s commanding size along with its conspicuous lighting, strobe lights, broadcast messages and patrol sounds, effectively deter illicit activities, while its sensors gather evidentiary-quality video and publicly available data to aid investigations.