MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Jun 5, 2023--
Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), a leading developer of autonomous security robots and blue light emergency communication systems, today announced that it received a $450,000 order for its K1 Blue Light Towers and K1 E-Phones. Texas Southern University (“TSU”) is an existing customer that is purchasing an additional 39 devices consisting of 21 Blue Light Towers and 18 E-Phones.
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Texas Southern University Places $450,000 Order with Knightscope (Graphic: Business Wire)
Campuses are transitioning away from traditional emergency call boxes to more cost-effective systems using cellular and satellite communications with the option of solar power. Knightscope’s leading-edge communications products and Autonomous Security Robot (ASRs) services provide reliable technologies for educational campuses to help protect the places people live, work, study and visit.
Knightscope was originally founded to help make schools and educators safer, and all of its products play a role in that mission. Read more on Knightscope’s 5-Step Recommendation for Securing Schools, Colleges and Universities. Knightscope’s portfolio of K1 emergency communication products are affordable and easy to install, providing clear voice connectivity with a flashing blue strobe and area illumination to extend that helping hand to remote locations.
TSU is one of the nation’s largest historically black colleges and universities (HBCUs). TSU provides a first-class educational experience, offering over 120 baccalaureate, masters and doctoral degree programs in nine schools and colleges. In addition to providing Knightscope’s cutting edge communication tools for student and faculty safety, TSU also gives helpful tips and suggestions to keep people safe on campus that may be accessed here on their website.
To learn more about Knightscope’s Autonomous Security Robots and Blue Light Emergency Communication Systems, book a discovery call or demonstration now 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, 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 include, but are not limited to, statements about the Company’s path to profitability, the Company’s targeted annualized revenue run rate, the Company’s plans for top-line growth, the Company’s ability to deliver on its backlog of new orders, the benefits of the Company’s planned streamlining of its operations and rightsizing of its combined workforce and the Company’s ability to achieve improved margins. Although Knightscope believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. These risks and uncertainties include, among other things, the risk that the restructuring costs and charges may be greater than anticipated; the risk that the Company’s restructuring efforts 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; the risk that the Company’s restructuring efforts may negatively impact the Company’s business operations and reputation with or ability to serve customers; the risk that the Company’s restructuring efforts 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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CONTACT: Public Relations:
Stacy Stephens
Knightscope, Inc.
(650) 924-1025Corporate Communications:
IBN (InvestorBrandNetwork)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA TEXAS
INDUSTRY KEYWORD: TECHNOLOGY ROBOTICS HARDWARE SECURITY
SOURCE: Knightscope, Inc.
Copyright Business Wire 2023.
PUB: 06/05/2023 09:40 AM/DISC: 06/05/2023 09:37 AM
http://www.businesswire.com/news/home/20230605005330/en
