TinyGemsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Announces 12% Reduction in Backlog; Ships ASRs and Blue Light Emergency Systems

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, has shipped multiple Autonomous Security Robots (“ASRs”) around the country in the past month; the company has also shipped numerous blue light emergency communication systems. Consequently, the company is reporting a reduction in backlog of more than 12%. According to the company, the ASRs were shipped to California, Florida, New York, Washington state and Washington, DC. The robot shipments represented an estimated $258K in annualized revenue. The blue light emergency shipments represented approximately $417K in revenue.

Knightscope also reported that the Westland Real Estate Group, which operates more than 65 residential communities on the West Coast, has renewed its contract for a Knightscope K5 ASR to patrol a Las Vegas residential community. According to the company, the security robot “performs routine patrol activities and constantly communicates with the residential community’s staff. The executive director of the Nevada State Apartments Association, Susy Vazquez, was quoted as saying, ‘Wow! Westland, again, is stepping outside the box and addressing issues with innovation! I’m fascinated by the capabilities of this bot and its effectiveness.’”

The next stop for the Knightscope Robot Roadshow is Bossier City, Louisiana; the roadshow is slated to be on location from 10 a.m.–2 p.m. CT on April 26–27, 2023. Members of the public, potential and current investors and community leaders are all encouraged to stop by to see for themselves what Knightscope robots can do. Reservations are encouraged but not required.

To schedule a Robot Roadshow time slot, visit https://ibn.fm/akFP3

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

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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