Financial News

Knightscope Signs Three New K1 Hemisphere Contracts

Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, today announces that it secured three new K1 Hemisphere contracts that will be used on commercial real estate, residential and healthcare (Fairview) properties in California, Illinois and Minnesota, respectively.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240214351487/en/

Knightscope Signs Three New K1 Hemisphere Contracts (Graphic: Business Wire)

Knightscope Signs Three New K1 Hemisphere Contracts (Graphic: Business Wire)

The K1 Hemisphere is a perfect entry point into deploying Knightscope’s combination of robotics and artificial intelligence (“AI”) technologies that help protect the places people live, work, study and visit. The Hemisphere is ideally suited to elevate the security and safety profile of any property. It can easily be mounted to a variety of surfaces or objects and has 3 cameras that provide up to 210-degrees of eye-level, high-definition video, a strobe light, automatic license plate recognition, facial recognition (optional), automated broadcast announcements, and intercom capability running on a wired or fully encrypted wireless network. Two Hemispheres can also be placed back-to-back for a 360-degree view. K1 Hemispheres may be ordered at www.knightscope.com/hemi.

LEARN MORE

To learn more about Knightscope’s Blue Light Emergency Communication Systems – now available with the recently announced Automated Gunshot Detection – and its Autonomous Security Robots, 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 executive transitions and the timing thereof, and the Company’s goals, 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, uncertainties and other important factors that could cause actual results to differ materially from such forward-looking statements. These risks and uncertainties include, among other things, the risk that executive transitions may have greater costs than anticipated; that executive transitions 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; that executive transitions may negatively impact the Company’s business operations and reputation with or ability to serve customers; or that executive transitions 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.

Contacts

Public Relations:

Stacy Stephens

Knightscope, Inc.

(650) 924-1025

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