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Texas Customer Renews Contract for Knightscope Security Robot

Texas Customer Renews Contract for Knightscope Security Robot

California hospital gets robot upgrade (Photo: Business Wire)

California hospital gets robot upgrade (Photo: Business Wire)

One of Houston’s top commercial real estate brokers and property managers, with dozens of office locations across the U.S., has renewed its agreement for one K1 Hemisphere and one K1 Tower, which protect a large parking garage at one of its many properties. With millions of hours of real-world experience, Knightscope has amassed a wealth of knowledge that it shares with its commercial real estate clients to improve the security profiles of properties using its top recommendations for securing parking lots and parking garages.

A hospital in California, Knightscope’s longest-standing healthcare customer since 2016, received an upgrade to the fifth generation of its K5 Autonomous Security Robot (“K5v5”). Machine “hot-swaps” began following the technical release of the completely redesigned K5v5. This all-new security robot is faster to build, improves quality, and is easier to maintain. Combined with Knightscope’s recently announced Risk & Threat Exposure (“RTX”) enhancement to its Machine-as-a-Service business model, the company is able to enhance the delivery of public safety tools to its customers. As a result, on-site performance and reliability are strengthened, increasing ongoing customer value and satisfaction.

GET HELP FROM AN EXPERT

To learn more about Knightscope’s portfolio of public safety technologies, including the recently announced K1 Laser or any of its autonomous security robots, Blue Light Emergency Communication System or automated gunshot detection services, schedule a discovery call or demonstration today at www.knightscope.com/discover.

About Knightscope

Knightscope builds advanced 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,” “predicts,” “expects,” “plans,” “proposes” and similar expressions. Forward-looking statements in this press release and other communications include, but are not limited to, statements about the Company’s goals, profitability, growth, prospects, cost reduction and prospects. 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 included, and Knightscope undertakes no duty to update any forward-looking statements except as required by law.

The Knightscope Registered (A) Stock at the time of publication of the news with an increase of +2.60 % to 0.201US dollar on the Nasdaq stock exchange (September 14, 2024, 02:00 AM).