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Knightscope Receives New Contract for Three Autonomous Security Robots (ASRs)

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 that a San Francisco Bay Area biotech real estate development has subscribed to 2 Knightscope K5 ASRs and 1 K1 ASR to enhance its amenity-rich real estate project and underscore the importance of public safety in a highly regulated environment. Biotech firms, like any other type of business, need to be protected from break-ins, vandalism, and other intrusions. Unlike other types of companies, however, some criminals choose to break into biotech companies due to the incentive to steal (and sell) research samples causing irreparable damage in the form of lost intellectual property. Break-ins may also lead to the damage of expensive physical property like rented or owned lab equipment and valuable electronics. Random vandalism can turn into targeted vandalism, especially if companies have dealt with criticism or protests about specific research activities. Knightscope will patrol a parking garage and monitor the common areas of this new client to help protect the physical and intellectual property under development at this high-tech facility along with the workers who are helping our communities lead healthier lives.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220428005546/en/

Knightscope Receives New Contract for Three Autonomous Security Robots (ASRs) (Photo: Business Wire)

Knightscope Receives New Contract for Three Autonomous Security Robots (ASRs) (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.

Contacts

Donna Loughlin Michaels, LMGPR, (408) 393-5575

 

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