KSCP - InvestorNewsBreaks - Knightscope Inc. (NASDAQ: KSCP) Announces Contract Renewal of Two Knightscope K5 Clients
Knightscope (NASDAQ: KSCP), an innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety, continues to show evidence of the value of its services as current clients renew their contracts. Most recently, the company reported that two more clients have renewed contracts for KSCP’s K5 Autonomous Security Robot (“ASR”) service. According to the announcement, the two clients were Santa Clara Towers, a commercial real estate property in California, and a New York-based healthcare provider.
Santa Clara Towers first signed up for Knightscope’s ASR services two years ago; the company just renewed its contract for a third year. A KSCP robot has been patrolling the rooftop of the Class-A, twin-tower office in the heart of Silicon Valley since early 2022, when the property managers added a K5 ASR to the existing 24/7 safety program.
“Rovie K-Nueve has improved our site safety significantly,” said Santa Clara Towers property manager Tatiane Martins in the press release. “We have seen dramatic changes since we deployed the robot: the property vandalism/car break-ins have reduced by 90%. The robot joining the security officers' crew has helped the property, the security officers and SCPD tremendously. The break-ins reduced from 10 a day to once or twice a month.”
The second client, a senior living, healthcare and rehabilitation center in New York, renewed its contract for a second year. A K5 ASR has been patrolling the center’s lobby area to improve resident and employee safety and security, as well as the visitor experience.
“Healthcare organizations across the U.S. have partnered with Knightscope for many years to make advancements in various critical areas such as emergency communications, physical safety and improving patient satisfaction,” the company said in the press release. “The adoption of such technologies may even aid healthcare organizations to maintain or increase their HCAHPS scores, which is the first national, standardized, publicly reported survey of patients' perspectives of hospital care.”
To view the full press release, visit https://ibn.fm/RjoqN
About Knightscope, Inc.
Knightscope builds cutting-edge technologies to improve public safety. 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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