Financial News
Knightscope Deploys First K5 Autonomous Security Robot (ASR) in Tennessee
Public Safety Innovator Continues Market Expansion
Knightscope, Inc. [Nasdaq: KSCP], a developer of advanced physical security technologies focused on enhancing U.S. security operations, today announced the deployment of a K5 Autonomous Security Robot (ASR) in Nashville, Tennessee. According to the client, property owners of a 10-story parking structure where the ASR will patrol, budget was a key factor when deciding to subscribe to Knightscope’s services. The rate for the fully mobile, outdoor K5 came in at approximately $1,200 per week for 24/7/365 coverage, which provides the ‘round-the-clock’ monitoring necessary to deter trespassers. Aside from its many other notable capabilities, the K5's physical presence alone has been responsible for reducing crime rates as reported by other clients. Knightscope is proud to begin playing a new role in Music City history to help make it a destination safer for all visitors.
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Knightscope Deploys First K5 Autonomous Security Robot (ASR) in Tennessee (Photo: Business Wire)
About Knightscope
Knightscope is an advanced security technology company based in Silicon Valley that builds fully autonomous security robots that deter, detect and report. 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. 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. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2021. 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220525005404/en/
Contacts
Donna Loughlin Michaels, LMGPR, (408) 393-5575
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