Knightscope (NASDAQ: KSCP), an innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety, has successfully upgraded a Knightscope Authorized Partner (“KAP”) JDS Security’s first K5 Autonomous Security Robot (“ASRs”) deployed at a multifamily residential community. According to the announcement, the community is in San Diego, California.

Based on the success this multifamily community experienced with the K5, the client increased security coverage by adding a K1 Hemisphere ASR to the existing contract. According to Knightscope, the K1 was deployed at the same time the KF upgrade was made, resulting in and expanded scope of capabilities that elevate the level of safety for both the people and property of this Southern California community.

“This client is one of the top multifamily housing owners, developers and property managers in the U.S., as ranked by the National Multifamily Housing Council,” stated Knightscope in the press release. “The company has over 37 years in the multifamily sector, has acquired or developed 1,015 communities consisting of over 285,000 units and almost $40 billion in total project costs with current property management at 41,000 units in over 30 markets nationally (as of Sept. 30, 2022). Clients with such strong portfolios offer great expansion opportunities for Knightscope as the company continues to execute on its growth plan.”

Knightscope noted that this latest upgrade to the fifth generation of the K5 ASR brings it closer to reaching a major milestone in its Road to Profitability. The company outlined the initiative during its Innovation Week event, which was held earlier this year.

To view the full press release, visit https://ibn.fm/MoKU9

About Knightscope, Inc.

Knightscope builds cutting-edge technologies to improve public safety. The company’s long-term ambition is to make the United States of America the safest country in the world. For more information about the company, please visit www.Knightscope.com.

NOTE TO INVESTORS: The latest news and updates relating to KSCP are available in the company’s newsroom at https://ibn.fm/KSCP

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