Knightscope Receives Ivy League Contract

Knightscope, Inc. [Nasdaq: KSCP] ("Knightscope” or the "Company”), an innovator in robotics and artificial intelligence ("AI”) technologies focused on public safety, today announces a new contract from an Ivy League school for a custom K1 Blue Light Tower. This purchase is part of the university’s initial evaluation that is expected to lead to a larger rollout across campus in the near future.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240610427751/en/

Knightscope receives Ivy League contract, and casino renews for its 7th year. (Graphic: Business Wire)

University officials prioritize campus safety to ensure a secure and enjoyable environment for students, faculty and visitors. Emergency communications play a vital role in that mission by providing an extra layer of protection with reliable, one-touch access to services such as police, fire and EMS. Those on campus are encouraged to use the new Blue Light Tower without hesitation in times of danger, personal crisis, medical emergencies, to report suspicious behavior or activities, or for accidents.

The familiar blue illuminated towers are a very reassuring sight when emergency services are needed. They work day and night in all weather and even when communications are most congested. Blue light emergency phone systems also always report one’s precise location reliably, ensuring the expedited arrival of the appropriate type of help.

Pechanga Renews for Seventh Year

Pechanga Resort Casino, one of the largest resort/casinos in the United States, renewed its contract for 6 Autonomous Security Robots (ASRs) to continue operating 24/7/365 at its southern California location for the 7^th consecutive year.

The casino’s VP Public Safety previously stated, "Knightscope’s customer service is extremely responsive. They’re open to new ideas and always available when we need to discuss anything.” Casinos represent an ideal use case for ASRs where elevating safety and the guest experience intersect to provide a truly unique environment for success.

Get Expert Help

To learn more about Knightscope’s Risk & Threat Exposure Analysts 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240610427751/en/