Knightscope 2023 Estimated Revenues Increase 128% to $12.8 Million

Disseminated on behalf of Knightscope, Inc.

Technology Innovator Unveils Future Concepts for K1 Super Tower, K10 Patrol and K15 Tactical

MOUNTAIN VIEW, Calif.–March 15, 2024–Knightscope, Inc. [NASDAQ:KSCP] (“Knightscope” or the “Company”), a leading innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety,

announced on March 14, 2024 that, based on management’s estimates, its unaudited revenues for the year ended December 31, 2023 were $12.8 million, as projected in the all new investor presentation detailing the future plans for the Company (download presentation here).

The foregoing revenue information is based on preliminary unaudited information and management estimates for the year ended December 31, 2023, is not a comprehensive statement of the Company’s financial results as of and for the fiscal year ended December 31, 2023, and is subject to completion of the Company’s financial closing procedures. The Company’s independent registered public accounting firm has not conducted an audit or review of, and does not express an opinion or any other form of assurance with respect to, this preliminary estimate.

INNOVATION WEEK CONCLUDES TODAY

Day 5 of Knightscope’s Innovation Week brings the weeklong event to a close today in a virtual Town Hall meeting with CEO, William Santana Li, where attendees are encouraged to “Ask Me Anything.” Day 4 concluded yesterday with an unveiling of Knightscope’s future concepts for a suite of potential products that would further drive the Company toward its mission to make the United States the safest country in the world – the K1 Super Tower, K10 Patrol, K15 Tactical and the AI-driven Mission Control.

REGISTRATION AND REPLAY

Registration for today’s Town Hall is required at www.knightscope.com/innovationweek. The final event begins at 10am PDT and will be simulcast on Knightscope’s social media pages – Facebook, YouTube, and LinkedIn. All recordings from the week are available for replay on the Company’s Innovation Week web page.

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 about us and book a discovery call or demonstration today at www.knightscope.com/discover

Forward-Looking Statements
This press release may contain “forward-looking statements” about Knightscope’s future expectations, plans, outlook, projections and prospects. 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 board transitions and the timing thereof, and the Company’s goals, 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, uncertainties and other important factors that could cause actual results to differ materially from such forward-looking statements. These risks and uncertainties include, among other things, the risk that board transitions may have greater costs than anticipated, or 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 “Risk Factors” in Knightscope’s Annual Report on Form 10-K for the year ended December 31, 2022, available at www.sec.gov. 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.

Contacts

Public Relations:
Stacy Stephens
Knightscope, Inc.
(650) 924-1025

Learn More About Knightscope’s $40 Billion Recurring Revenue Opportunity! Click Here to Download the Corporate Presentation!

Disclaimer

Get Money
Saving Tips

Learn how to save and make more money with our exclusive tips and insights that we only share with our private newsletter subscribers.

Privacy Policy