California Casino Renews for 6th Year and UC San Diego Adds More Knightscope Emergency Communication Systems

Knightscope, Inc. (Nasdaq: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, today announced that one of the largest resort/casinos in the United States renewed its contract for 6 Autonomous Security Robots (ASRs) to continue operating 24/7/365 at its southern California location for the 6^th consecutive year.

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California Casino Renews for 6th Year and UC San Diego Adds More Knightscope Emergency Communication Systems (Graphic: Business Wire)

The casino’s VP Public Safety was previously quoted as saying, "Knightscope’s customer service is extremely responsive. They’re open to new ideas and always available when we need to discuss anything.” Casinos represent an ideal use case for ASRs where safety and guest experience intersect to provide a truly unique environment for success.

New Contract for 2 K1 Blue Light Towers

UC San Diego, another existing Knightscope customer, purchased two additional emergency phone systems to expand communication capabilities on campus. Knightscope believes that in order to prevent school shootings and other types of crime from occurring in our educational institutions, it is crucial to invest in a wide array of approaches that systematically create safe, healthy, and supportive schools for all students rather than just hardening access to them. Knightscope’s Blue Light Towers provide a familiar beacon to access reliable communications with public safety professionals in remote locations.

To discover how Knightscope fits into your long-term public safety plans with automated security patrols and emergency phones, visit 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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