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InvestorNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Contracted by NYPD to Patrol New York Subway
April 13, 2023

InvestorNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Contracted by NYPD to Patrol New York Subway

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, has signed a pilot contract with the City of New York Police Department (“NYPD”) calling for a K5 robot to begin patrolling in a Manhattan subway station. Key NYC leaders, including New York City Mayor Eric Adams, NYC police commissioner Keechant Sewell, and NYPD’s highest-ranking uniformed service member Jeffrey Maddrey held a press conference in Times Square to announce the implementation of KSCP technologies to protect the citizens of New York.

“Technology is here, and we cannot be afraid of it,” said New York City Mayor Eric Adams during the press conference. “We are scanning the globe on finding technology that will ensure this city is safe for New Yorkers, visitors and whomever is here. If we were not willing to move forward and use technology on how to properly keep cities safe, then you will not keep up with those who are doing harmful things to hurt New Yorkers.”

NYC isn’t the first public entity to select Knightscope’s technologies for protection. The company’s autonomous security robots have been successfully deployed by other police departments, with one Los Angeles County agency noting reduced crime in a public park as a result. The robots are ideal candidates for surveillance assignments to support police efforts.

“As a native New Yorker (born in Queens!), this is a particularly proud and emotional day for me,” said Knightscope chair and CEO William Santana Li in the press release. “From the day of that terrible attack on our city some two decades ago, I dedicated my life to better securing our country. To be trusted with the incredible responsibility of helping my hometown is truly a dream come true.”

In addition, Knightscope’s robot roadshow is returning for a second appearance in the Big Apple, slated to be on display from April 11–13 in Time Square. During the exhibit, members of the public, investors, and community leaders can see the robots in action and learn more about the innovative security technologies.

To view the press conference, visit https://ibn.fm/54dMB

To view the full press release, visit https://ibn.fm/dTfQt

About Knightscope, Inc.

Knightscope is an advanced security technology company based in Silicon Valley that builds fully autonomous security robots that deter, detect and report. The company’s long-term ambition is to make the United States of America the safest country in the world. For more information about the company, please visit www.Knightscope.com.

NOTE TO INVESTORS: The latest news and updates relating to KSCP are available in the company’s newsroom at https://ibn.fm/KSCP  

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