Commercial Real Estate Investment Firm Signs Contract For Knightscope K5 ASR; 5th Generation Security Robot Hired To Protect Kansas City, MO Shopping Center

Knightscope Inc Ordinary Shares - Class A -3.02% Pre

Knightscope Inc Ordinary Shares - Class A

KSCP

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5th Generation Security Robot Hired to Protect Kansas City, MO Shopping Center

Knightscope, Inc. (NASDAQ:KSCP) ("Knightscope" or the "Company"), a leading developer of autonomous security robots and blue light emergency communication systems, today announces a new contract for its 5th Generation K5 Autonomous Security Robot ("ASR") from a privately owned, Miami-based real estate investment company. The K5 ASR will patrol a retail shopping center in Kansas City, Missouri.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231228709985/en/

Ensuring adequate physical security in a commercial real estate setting is not only a key ingredient to protecting the portfolio, but also essential to maximizing and maintaining tenant occupancy as well as improving long-term property values. According to the National Retail Federation's Retail Security Survey (2021-2022), 88% of 117 retail brands reported that shoplifters are "somewhat more or much more aggressive and violent" compared to the year prior, which makes crime deterrence and investigations even more critical in protecting properties and the patrons visiting them. Knightscope's successful track record continues to be a driving force behind securing additional contracts in the retail space.

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