California Marketplace Renews Knightscope Contract for 6th Year

Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), an innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety, today announces another client that has renewed its contract for the 6^th consecutive year. A California operator of flea markets and swap meets for fun, fashion, food, one-of-a-kind finds, and more just renewed its contract to have their K5 Autonomous Security Robot (“ASR”) and 2 K1 Hemispheres continue protecting one of its many properties in the San Francisco Bay Area.

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California Marketplace Renews Knightscope Contract for 6th Year (Photo: Business Wire)

The client originally deployed with only one K5 in 2019 to improve safety due to consistent vehicle break-ins and was one of the first to collaborate with its local police department to share information in an effort to positively impact the community. They later added the 2 K1 Hemispheres to expand the scope of capabilities of their overall security program. Quarterly business reviews revealed that the presence of Knightscope technologies has eliminated night-time vehicle break-ins, and that reported thefts have dropped significantly. As a result, the client is extremely satisfied with Knightscope service because the area is safer for both vendors and visitors to enjoy the market.

Knightscope’s mission is to make the United States the safest country in the world. Clients that continue to renew their contracts strengthen the Company’s long-term value proposition, putting it one step closer to protecting the places people live, work, study and visit.

GET EXPERT HELP

To learn more about Knightscope's 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.

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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