Texas Municipality Signs Contract for Emergency Communication Devices

Knightscope Inc

Bay Area Real Estate Developer Renews Contract for Third Year

MOUNTAIN VIEW, Calif., June 24, 2024– [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 a Texas municipality for 3 . This is the first contract through the newest Knightscope Authorized Partner (“KAP”) PMB Capital Investments, a privately held real estate investment and development company based in Dallas, TX.

PMB, with over 30 years of experience in real estate and capital markets, has developed over 5,000 residential lots and acquired over $750 million in real estate. They invest in various real estate types, including equity, debt, and mezzanine capital structures. Primarily targeting major southwestern US cities with strong population growth projections, PMB’s success with this municipal sale paves the way for future contracts and a long-term partnership with Knightscope.

The iconic blue illuminated towers provide reassurance during emergencies in any city. Operating day and night in all weather conditions, they remain reliable even during communication congestion. Blue light emergency phone systems accurately report location, ensuring the timely arrival of the appropriate assistance.

Biotech Real Estate Developer Renews Contract for Third Year

A Bay Area biotech real estate development has renewed its contract for 2 Knightscope K5 Autonomous Security Robots (“ASRs”) and 1 K1 Tower ASR to enhance safety at its amenity-rich real estate project in a highly regulated environment. Biotech companies, like any other business, require protection from break-ins, vandalism, and other intrusions, especially given the vulnerability of their intellectual property to theft and sabotage. Break-ins can damage expensive equipment and electronics, while vandalism can escalate from random acts to targeted attacks, particularly if companies face criticism or protests regarding their research activities.

Knightscope will continue patrolling the parking structure and monitoring common areas of this campus to safeguard the physical and intellectual property under development, as well as the workers contributing to healthier communities.

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To learn more about  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 .

About Knightscope

Knightscope develops cutting-edge technologies to enhance public safety, with the ultimate goal of making the United States the safest country in the world. Learn more about us at .

Forward-Looking Statements

This press release includes “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995. Such statements are identifiable by words like “should,” “may,” “intends,” “anticipates,” “believes,” “estimates,” “projects,” “forecasts,” “expects,” “plans,” “proposes,” and similar expressions. Forward-looking statements in this release and other communications include, but are not limited to, statements about the Company’s goals, profitability, growth, prospects, expense reduction, and outlook. While Knightscope believes these forward-looking statements are based on reasonable assumptions, there are risks, uncertainties, and other factors that could cause actual results to differ materially from such statements. These factors include those 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 subsequent filings with the Securities and Exchange Commission. Forward-looking statements are valid only as of the date they are made, and Knightscope assumes no obligation to update any forward-looking statements, except as required by law.

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Contacts

Public Relations:
Stacy Stephens
Knightscope, Inc.
(650) 924-1025

Featured Image DepositPhotos@ Abidal

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