• Targets 80+ Million Security Camera Market with New Advanced Monitoring and Safety Technology

MOUNTAIN VIEW, Calif. / Jul 16, 2024 / Business Wire / Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), an innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety announced today the Knightscope K1 Laser (“K1 Laser”) solution for physical security. It uses lidar-based technology to detect people and objects and integrated perception software for enhanced situational awareness to provide elevated safety where people live, work, study and visit.

The K1 Laser device can be installed on fixed infrastructure or in combination with Knightscope’s K1 portfolio of stationary technologies for parking lots & structures, building interiors, university campuses, transit stations, and more. Knightscope K1 Laser clients will have the option to layer the lidar perception software for security applications to enable advanced detection and alerts backed by the Company’s Risk & Threat Exposure (“RTX”) team. The K1 Lasers operate under adverse weather and low or no light conditions, reliably delivering advanced details that the 80+ million security cameras in the U.S. cannot.

“Our Knightscope K1 Laser is designed to drive exceptional value from lidar systems, providing high accuracy in detecting, classifying, and tracking people, vehicles and objects,” said William Santana Li, Chairman and CEO, Knightscope, Inc. “Our products will also integrate with lidar-based perception software, which can reduce false alarms and missed events by as much as 95%, ensuring that we provide our clients with the highest levels of safety in covered areas with reliable monitoring and detections, especially for perimeter security.”

The Company’s expanded stationary product line will complement its Autonomous Security Robots (ASR) business, which already employs lidar for navigation and object detection.

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For more information about the K1 Laser visit https://www.knightscope.com/products/k1-laser, or schedule time with a Knightscope expert to learn more about the complete portfolio of public safety technologies including Automated Gunshot Detection, Autonomous Security Robots and Blue Light Emergency Communication Systems today at www.knightscope.com/discover.

About Knightscope

Knightscope builds cutting-edge technologies to improve public safety, and our long-term ambition is to make the United States of America the safest country in the world. Learn more at www.knightscope.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. 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 and other communications include, but are not limited to, statements about the Company’s goals, profitability, growth, prospects, reduction of expenses, and outlook. Although Knightscope believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks, uncertainties and other important factors that could cause actual results to differ materially from such forward-looking statements, including the factors discussed under the heading “Risk Factors” in Knightscope’s Annual Report on Form 10-K for the year ended December 31, 2023, as updated by its other filings with the Securities and Exchange Commission. 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.