School and Transit Clients Expand Knightscope Contracts

Wed, 31 Jul 2024 09:35:00 -0400 | Business Wire

Robot Roadshow Heads to Cambridge, MD

Knightscope, Inc. (NASDAQ:KSCP) ("Knightscope" or the "Company"), an innovator in robotics and artificial intelligence ("AI") technologies focused on public safety, today announces two expansion contracts, one for a Texas school district and the other a California transportation commission, each adding a Full-Service Maintenance Plan ("FSMP") to protect their investment in the Company's Emergency Communication Devices ("ECDs").

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School and Transit Clients Expand Knightscope Contracts (Graphic: Business Wire)

School and Transit Clients Expand Knightscope Contracts (Graphic: Business Wire)

A Houston area school district with 48 K1 Blue Light Towers currently spread across their properties and a central California transportation commission with 224 K1 Call Boxes both expanded the scope of their agreements, adding FSMP to provide white-glove support, parts and service for all of their ECDs. When coupled with the Knightscope Emergency Management Software ("KEMS"), the FSMP ensures the highest levels of reliability and ‘up-time' for these critical points of communication needed to summon help in a time of crisis or distress. When not using KEMS, the clients still have 24/7 access to request support through the Company's expert technicians.

One of the best ways to gauge the overall health and performance of a company is by watching its existing clients – especially those that broaden the use of one's products and services. The benefits of such expansions include shorter sales cycles, higher more efficient close rates and optimized cost-to-serve.

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.

KNIGHTSCOPE'S ROBOT ROADSHOW TO LAND IN CAMBRIDGE

X9 Intelligence, a Knightscope Authorized Partner ("KAP"), is hosting the Robot Roadshow in Cambridge, MD, on August 8, 2024, from 10am – 2pm Eastern Time.

The Robot Roadshow is an engaging experiential event, allowing potential clients and the general public to participate in expert-led demonstrations in a climate controlled, space-age "pod" where attendees may experience the self-driving, electric technologies that are already helping protect the places people live, work, study and visit. Visitors will be able to interact directly with Autonomous Security Robots, test a blue light emergency phone, and see the Knightscope Security Operations Center (KSOC) user interface in action.

Watch a brief video of the Robot Roadshow at the Tesla Takeover here.

The Robot Roadshow is free to attend for everyone. Those wishing to schedule a time to get one-on-one attention may book a Pod visit here.

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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