Financial News

Port Authority NY NJ Expands use of KEMS After Life Saving Event

Structure Consulting Group is Newest Knightscope Authorized Partner

Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), a leading innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety, today announces that Port Authority New York New Jersey (“PANYNJ”) has expanded the Knightscope Emergency Management System (“KEMS”) Professional service to monitor its 11 K1 Call Boxes on the Bayonne Bridge for suicide prevention as a result of a lifesaving win with Knightscope. PANYNJ initially rolled out KEMS system in December 2023 on the George Washington Bridge crisis phones. Police were subsequently able to respond to a distressed caller within 5 minutes of receiving a text alert and bring the person to safety.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240306658983/en/

Port Authority NY NJ expands use of KEMS after life saving event. Structure Consulting Group is newest Knightscope Authorized Partner. (Graphic: Business Wire)

Port Authority NY NJ expands use of KEMS after life saving event. Structure Consulting Group is newest Knightscope Authorized Partner. (Graphic: Business Wire)

The KEMS platform allows clients and technicians to better understand the real-time health and status of deployed emergency communication devices and receive immediate text/email notification whenever a help button is pressed. The cloud-based application provides system owners automated daily email reports on the operational status of their system rather than having to manually test each device in person as required by competitive products. Alerts concerning issues, real-time error detection/diagnostics, and system performance statistics are delivered to the users to maximize system operation and usability.

Knightscope Authorized Partner Announced in New England

The newest Knightscope Authorized Partner (“KAP”) is located in the suburbs of Boston, MA. Structure Consulting Group, Inc., will focus on delivering Knightscope’s K1B line of emergency communication systems to its clients planning, building, and maintaining significant infrastructure projects.

The KAP program enables the Company to access a wider range of end users, boosting growth and revenue – a key component supporting its 2024 Roadmap to Profitability. KAP agreements are limited to established resellers that focus on serving U.S. customer facilities. Approved KAPs can identify end users best suited for Knightscope’s technologies and generate contracts quickly. Structure Consulting Group works closely with clients in telecommunications, energy, government and transportation. They were so enthusiastic about the new partnership that they immediately purchased a Knightscope K1 Blue Light Emergency Phone to be used as a sales demo unit.

Knightscope’s E-Phones boost safety by delivering enhanced wireless connectivity to critical services such as police, fire and EMS through a one-touch, ADA compliant device. Coordinated and efficient response is achieved with pinpoint accuracy since the exact location of each device is known, ensuring the well-being of those choosing to use the E-phones instead of cellular devices when geographic familiarity is a challenge, cellphone batteries are dead or carrier coverage is limited.

Those interested in becoming a KAP are encouraged to email contact@knightscope.com.

About Knightscope

Knightscope builds cutting-edge technologies to improve public safety, and our long-term ambition is to make the United States of America the safest country in the world. Learn more about us and book a discovery call or demonstration today at www.knightscope.com/discover

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

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

Use the myMotherLode.com Keyword Search to go straight to a specific page

Popular Pages

  • Local News
  • US News
  • Weather
  • State News
  • Events
  • Traffic
  • Sports
  • Dining Guide
  • Real Estate
  • Classifieds
  • Financial News
  • Fire Info
Feedback