Financial News
Knightscope Receives New Contracts in Minnesota and Texas
Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), an innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety, today announces 2 new contracts for its emergency communication devices and the Knightscope Emergency Management System (“KEMS”) software. A healthcare group in Minnesota specializing in mental health, substance abuse and treatment, and a university in Texas each purchased the systems to improve access to emergency services.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240604286832/en/
Knightscope Receives New Contracts in Minnesota and Texas (Graphic: Business Wire)
Knightscope’s modern, blue light emergency phones and call boxes are also 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 campus geography and landmarks, thus being unable to give emergency responders an exact or accurate location over a cell phone.
Education and healthcare officials prioritize campus safety to ensure a secure and enjoyable environment for students, faculty, patients, providers and visitors. Emergency communications play a vital role in that mission by providing an extra layer of protection with reliable, one-touch access to services such as police, fire and EMS. K1 Blue Light Towers are conveniently placed to provide a direct communication portal in times of danger, personal crisis, medical emergencies, to report suspicious behavior or activities, or for accidents.
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.
GET EXPERT HELP
To learn more about Knightscope’s Risk & Threat Exposure Analysts or any of its Autonomous Security Robot, Blue Light Emergency Communication System or Automated Gunshot Detection Services, book a discovery call or demonstration today at www.knightscope.com/discover.
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 at www.knightscope.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. 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 goals, profitability, growth, prospects, reduction of expenses, and outlook. 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, including the factors discussed under the heading “Risk Factors” in Knightscope’s Annual Report on Form 10-K for the year ended December 31, 2023, as updated by its other filings with the Securities and Exchange Commission. 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/20240604286832/en/
Contacts
Public Relations:
Stacy Stephens
Knightscope, Inc.
(650) 924-1025
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