Knightscope Inc.

09/11/2024 | Press release | Distributed by Public on 09/11/2024 07:47

Knightscope Deploys Security Robots at Casino and International Airport by Business Wire

Knightscope, Inc. (NASDAQ:KSCP) ("Knightscope" or the "Company"), an innovator in robotics and artificial intelligence ("AI") technologies focused on public safety, today announces two new deployments of its 5th Generation K5 Autonomous Security Robot ("ASR") at a Louisiana casino and an international airport in Texas.

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Knightscope Deploys 10th Security Robot at Casino and 1st at San Antonio International Airport (Photo: Business Wire)

The casino is the 10th property to receive Knightscope's ASRs under a larger master agreement announced in 2023 with an entertainment company and operator of integrated entertainment, sports content, and casinos. The master agreement enabled corporatewide expansion of Knightscope technologies to 43 properties across the United States.

The San Antonio International Airport received its K5 ASR and, according to the director of airports, will utilize the device in a secure, non-public area indoors to help improve security around strictly controlled access points and providing an additional resource to address door alarms. By strategically defining the robot's patrol area, the airport will help the staff be more efficient with alarm responses so that airport employees may address more public facing passenger and operation-critical services.

GET EXPERT HELP

To learn more about portfolio of public safety technologies, including the recently announced K1 Laser 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.

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