NYPD Launches Knightscope Security Robot Service in Manhattan Subway (Photo: Business Wire)

Mayor Adams Expands on Cops, Cameras and Care for Safer Transit System

Knightscope, Inc.ย [Nasdaq: KSCP] (โ€œKnightscopeโ€ or the โ€œCompanyโ€), a leading developer of autonomous security robots and blue light emergency communication systems, announced that the City of New York and the New York Police Department (โ€œNYPDโ€) launched the Knightscope K5 security robot service at a press conference in a Manhattan subway station with the support of the Metropolitan Transportation Authority (โ€œMTAโ€). The first two weeks will be spent on training, configuration and setup protocols for the autonomous robot to navigate followed by patrol activities between the hours of 12:00am and 6:00am.

โ€œToday we are launching a pilot program to test the Knightscope K5 security robot,โ€ said Mayor Eric Adams, City of New York. โ€œThe NYPD must be on the forefront of technology and be 2 steps ahead of those utilizing technology to hurt New Yorkers.โ€

WATCH THE PRESS CONFERENCE HERE

Other police departments have been successfully using Knightscopeโ€™s technologies for years, with one Los Angeles County, California, agency praising the Company for reducing crime in a popular public park. Knightscope offers public safety officials an effective way to augment their agencies, which in many cases are already strained by an alarming decline in law enforcement officers in spite of growing populations.

โ€œThis is a good investment in taxpayer dollars,โ€ continued Adams, further advising that the K5 operates โ€œโ€ฆbelow minimum wage โ€“ no bathroom breaks, no meal breaks.โ€

The robots are also fun, engaging, photographic and respectful of everyoneโ€™s privacy, making them ideal candidates to support policing across the United States.

โ€œToday we take that notion of tried-and-true policing of assigning a transit cop to their post, and we bring that to a different level,โ€ stated Michael Kemper, chief of NYPD Transit. โ€œItโ€™s fitting that weโ€™re near the theater district, because today the K5 is taking center stage. Welcome to New York City, K5!โ€

Deploying the K5 to protect transit, in particular, is key to ensuring the prosperity and stability of the economy. People must feel safe using train and bus systems to move freely about a city, and Knightscope technologies have already proven to effectively and efficiently protect the places people live, work, study, travel and visit.

โ€œThis will very likely be the highest ridership week weโ€™ve had since the pandemic over 3 years ago, โ€œ said Richard Davey, president of NYC Transit. โ€œWhy? Because weโ€™ve been focused on faster service, cleaner service and safer service. This deviceโ€ฆ it will keep you safe.โ€

Responding to the press conference, a very joyful and emotional William Santana Li, Knightscopeโ€™s CEO and native New Yorker, stated, โ€œTwenty-two years and ten days ago, I committed to help better secure our country. Iโ€™ve never been as proud of Knightscope and our relentless team as I am today seeing our robot in Federal Blue wearing an NYPD patch on its shoulder.โ€

LEARN MORE

Knightscopeโ€™s ASR services and industry leading emergency communications products help better protect the places people live, work, study and visit. To learn more about Knightscopeโ€™s Blue Light Emergency Communication Systems or Autonomous Security Robots โ€“ now with the option of Private LTE โ€“ book a discovery call or demonstration now at 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. Knightscopeโ€™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 FacebookX (formerly Twitter)LinkedIn and Instagram.

Forward-Looking Statements

This press release may contain โ€œforward-looking statementsโ€ about Knightscopeโ€™s future expectations, plans, outlook, projections and prospects. Such forward-looking statements can be identified by the use of words such as โ€œshould,โ€ โ€œmay,โ€ โ€œintends,โ€ โ€œanticipates,โ€ โ€œbelieves,โ€ โ€œestimates,โ€ โ€œprojects,โ€ โ€œforecasts,โ€ โ€œexpects,โ€ โ€œplans,โ€ โ€œproposesโ€ and similar expressions. Forward-looking statements contained in this press release and other communications include, but are not limited to, statements about the Companyโ€™s profitability and growth. 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 Companyโ€™s restructuring efforts may adversely affect the Companyโ€™s internal programs and the Companyโ€™s ability to recruit and retain skilled and motivated personnel, and may be distracting to employees and management; the risk that the Companyโ€™s restructuring efforts may negatively impact the Companyโ€™s business operations and reputation with or ability to serve customers; the risk that the Companyโ€™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 โ€œRisk Factorsโ€ in Knightscopeโ€™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.

New York City Mayor Eric Adams poses with NYPD’s newest crime fighter – the Knightscope K5. (Photo: Business Wire)

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