North Hollywood Client Renews Knightscope Security Robot Contract for 8th Year
February 06 2024 - 9:39AM
Business Wire
Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the
“Company”), a leading developer of autonomous security robots
(“ASRs”) and blue light emergency communication systems, today
announces that a client in the entertainment industry has renewed
its K5 Autonomous Security Robot (“ASR”) contract for the eighth
consecutive year. The client consistently cites the ASR’s
deterrence results among the top reasons for satisfaction in
quarterly business reviews. Prior to deployment, security issues
included trespassing, vandalism, theft and break-ins, all of which
have been reduced to a handful of incidents over the past 7
years.
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North Hollywood Client Renews Knightscope
Security Robot Contract for 8th Year (Photo: Business Wire)
While contract renewals may seem routine, they also reflect the
Company’s ability to foster growth, stability, and enhanced
collaboration within its existing client base. Each contract
renewal is a testament to client satisfaction and trust in the
Machine-as-a-Service business model. Renewals provide an
opportunity to nurture and deepen relationships, understand
changing client needs, and show commitment to their long-term
success. These strengthened relationships lead to improved
collaboration, refinements in use cases, and potential referrals or
expanded business opportunities.
LEARN MORE
To learn more about Knightscope’s Blue Light Emergency
Communication Systems – now available with the recently announced
Automated Gunshot Detection – and its Autonomous Security Robots,
book a discovery call or demonstration today at
www.knightscope.com/discover.
About Knightscope
Knightscope is an advanced public safety technology company that
builds fully autonomous security robots and blue light emergency
communications systems that help protect the places people live,
work, study and visit. Knightscope’s 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. Follow Knightscope on
Facebook, X (formerly Twitter), LinkedIn and Instagram.
Forward-Looking Statements
This press release may contain “forward-looking statements”
about Knightscope’s future expectations, plans, outlook,
projections and prospects. 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 executive transitions and the timing thereof, and the
Company’s goals, profitability, and growth. 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. These risks and uncertainties include, among other
things, the risk that executive transitions may have greater costs
than anticipated; that executive transitions may adversely affect
the Company’s internal programs and the Company’s ability to
recruit and retain skilled and motivated personnel, and may be
distracting to employees and management; that executive transitions
may negatively impact the Company’s business operations and
reputation with or ability to serve customers; or that executive
transitions may not generate their intended benefits to the extent
or as quickly as anticipated. Readers are urged to carefully review
and consider any cautionary statements and other disclosures,
including the statements made under the heading “Risk Factors” in
Knightscope’s Annual Report on Form 10-K for the year ended
December 31, 2022. 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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version on businesswire.com: https://www.businesswire.com/news/home/20240206484548/en/
Public Relations: Stacy Stephens Knightscope,
Inc. (650) 924-1025
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