Mayor Adams Expands on Cops, Cameras and Care for Safer Transit System

Knightscope, Inc. (NASDAQ:KSCP) ("Knightscope" or the "Company"), a leading developer of autonomous security robots and blue light emergency communication systems, today announced that the City of New York and the New York Police Department ("NYPD") launched the Knightscope K5 security robot service at a press conference in a Manhattan subway station with the support of the Metrpolitan Transportation Authority ("MTA"). The first two weeks will be spent on training, configuration and setup protocols for the autonomous robot to navigate followed by patrol activities between the hours of 12:00am and 6:00am.

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NYPD Launches Knightscope Security Robot Service in Manhattan Subway (Photo: Business Wire)

"Today we are launching a pilot program to test the Knightscope K5 security robot," said Mayor Eric Adams, City of New York. "The NYPD must be on the forefront of technology and be 2 steps ahead of those utilizing technology to hurt New Yorkers."

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Other police departments have been successfully using Knightscope's technologies for years, with one Los Angeles County, California, agency praising the Company for reducing crime in a popular public park. Knightscope offers public safety officials an effective way to augment their agencies, which in many cases are already strained by an alarming decline in law enforcement officers in spite of growing populations.

"This is a good investment in taxpayer dollars," continued Adams, further advising that the K5 operates "…below minimum wage – no bathroom breaks, no meal breaks."

The robots are also fun, engaging, photographic and respectful of everyone's privacy, making them ideal candidates to support policing across the United States.

"Today we take that notion of tried-and-true policing of assigning a transit cop to their post, and we bring that to a different level," stated Michael Kemper, chief of NYPD Transit. "It's fitting that we're near the theater district, because today the K5 is taking center stage. Welcome to New York City, K5!"

Deploying the K5 to protect transit, in particular, is key to ensuring the prosperity and stability of the economy. People must feel safe using train and bus systems to move freely about a city, and Knightscope technologies have already proven to effectively and efficiently protect the places people live, work, study, travel and visit.

"This will very likely be the highest ridership week we've had since the pandemic over 3 years ago, " said Richard Davey, president of NYC Transit. "Why? Because we've been focused on faster service, cleaner service and safer service. This device… it will keep you safe."

Responding to the press conference, a very joyful and emotional William Santana Li, Knightscope's CEO and native New Yorker, stated, "Twenty-two years and ten days ago, I committed to help better secure our country. I've never been as proud of Knightscope and our relentless team as I am today seeing our robot in Federal Blue wearing an NYPD patch on its shoulder."

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Knightscope's ASR services and industry leading emergency communications products help better protect the places people live, work, study and visit. To learn more about Knightscope's Blue Light Emergency Communication Systems or Autonomous Security Robots – now with the option of Private LTE – book a discovery call or demonstration now at www.knightscope.com/discover.

About Knightscope

Knightscope is an advanced public safety technology company that builds fully autonomous security robots and blue light emergency communications systems that help protect the places people live, work, study and visit. 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, X (formerly 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. Forward-looking statements contained in this press release and other communications include, but are not limited to, statements about the Company's profitability and growth. 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. These risks and uncertainties include, among other things, the risk that the restructuring costs and charges may be greater than anticipated; the risk that the Company's restructuring efforts may adversely affect the Company's internal programs and the Company's ability to recruit and retain skilled and motivated personnel, and may be distracting to employees and management; the risk that the Company's restructuring efforts may negatively impact the Company's business operations and reputation with or ability to serve customers; the risk that the Company's restructuring efforts may not generate their intended benefits to the extent or as quickly as anticipated. Readers are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading "Risk Factors" in Knightscope's Annual Report on Form 10-K for the year ended December 31, 2022. 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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