Growth in Knightscope Emergency Communications Continues with 12 New Contracts

Knightscope, Inc. [Nasdaq: KSCP] ("Knightscope” or the "Company”), an innovator in robotics and artificial intelligence ("AI”) technologies focused on public safety, today announces that it has closed 12 new contracts in 7 U.S. states for its K1B Emergency Communication Devices ("ECDs”) and related services. Deployment locations will span the United States across Arizona, California, Connecticut, New Hampshire, New Jersey, New York, and Texas representing diverse industries such as state and local government, universities and transportation.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241219101240/en/

Growth in Knightscope Emergency Communications Continues with 12 New Contracts (Graphic: Business Wire)

The new sales are derived from both new clients as well as existing clients expanding their use of the Company’s technology and service offerings. Knightscope’s modern, blue light ECDs are 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 local geography and landmarks, thus being unable to give emergency responders an exact or accurate location over a cell phone. And with the recently announced service from Verizon Frontline, the advanced network and technology for first responders, users get priority access to cellular bandwidth to ensure the call reaches the right help in a timely manner.

The Company also added three new resellers to the Knightscope Authorized Partner ("KAP”) program - Clark Transportation Solutions in Phoenix, Arizona; Miller Solutions covering Arkansas and Oklahoma; and NEWCOM Global out of Boston, Massachusetts, with a nationwide client base. The KAP program provides access to Knightscope’s cutting-edge public safety solutions, including K1 Blue Light Towers and Blue Light E-Phones that feature voice connectivity, broadcast alerts, and area illumination capabilities, empowering them to offer the most technologically advanced emergency communication systems available. KAPs will be able to offer an expanded range of innovative tools to help clients improve safety at public facilities, reduce costs, and enhance the overall safety of their facilities.

GET EXPERT HELP

To learn more about Knightscope’s portfolio of public safety technologies, including any of its Autonomous Security Robots, Blue Light Emergency Communication Systems 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/20241219101240/en/