More Knightscope Clients Receive Upgrades to 5th-Gen Robot
August 28 2024 - 9:40AM
Business Wire
70% of K5 Operating Fleet has Now Advanced
to Latest Release
Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the
“Company”), an innovator in robotics and artificial intelligence
(“AI”) technologies focused on public safety, today announces that
four more clients have been upgraded to the fifth generation of its
K5 Autonomous Security Robot (“K5v5”). The K5v5 now represents 70%
of the Company’s total fleet of security robots in operation and
brings it closer to completing another one of the steps on the road
to profitability proposed during its first annual Innovation Week
earlier this year.
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70% of Knightscope's K5 operating fleet
has now advanced to 5th-Generation Robots. (Photo: Business
Wire)
Machine ‘hot-swaps’ began following the engineering release of
the fully redesigned K5v5. This all-new security robot is faster to
build, improves quality, and is easier to service. When paired with
Knightscope’s recently announced Risk & Threat Exposure (“RTX”)
enhancement to its Machine-as-a-Service business model, the Company
is able to elevate the delivery of public safety tools to its
clients. As a result, on-site performance and reliability are
strengthened, which raises client value and satisfaction.
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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version on businesswire.com: https://www.businesswire.com/news/home/20240828845143/en/
Stacy Stephens Knightscope, Inc. (650)
924-1025
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