{"id":749138,"date":"2023-04-19T09:59:04","date_gmt":"2023-04-19T13:59:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/knightscope-robot-deliveries-reduce-5-million-backlog-over-12-in-one-month\/"},"modified":"2023-04-19T09:59:04","modified_gmt":"2023-04-19T13:59:04","slug":"knightscope-robot-deliveries-reduce-5-million-backlog-over-12-in-one-month","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/knightscope-robot-deliveries-reduce-5-million-backlog-over-12-in-one-month\/","title":{"rendered":"Knightscope Robot Deliveries Reduce $5 Million Backlog Over 12% in One Month"},"content":{"rendered":"

<\/p>\n

Knightscope Robot Deliveries Reduce $5 Million Backlog Over 12% in One Month<\/b><\/p>\n

Westland Real Estate Group Renews Security Robot Contract for Las Vegas Multi-Family Community<\/i><\/b><\/p>\n

Robot Roadshow Makes Louisiana Debut at Margaritaville Casino<\/i><\/b><\/p>\n

MOUNTAIN VIEW, Calif.–(BUSINESS WIRE<\/a>)–Knightscope, Inc. (Nasdaq: KSCP)<\/a> (\u201cKnightscope\u201d), a leading developer of autonomous security robots and blue light emergency communication systems, today announced that it shipped multiple Autonomous Security Robots (ASRs) over the last 30 days, representing approximately $258 thousand of annualized revenue. ASRs are arriving in California, Florida, New York, Washington and Washington DC to help better secure the places people live, work, study, and visit. Also contributing to the backlog reduction were shipments of numerous blue light emergency communication systems, representing approximately $417 thousand in revenue. In total, this contributed to the reduction of the Company\u2019s $5 million backlog by more than 12%.<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230419005677\/en\/<\/a><\/p>\n

\"Knightscope<\/p>\n

Knightscope Robot Deliveries Reduce $5 Million Backlog Over 12% in One Month (Photo: Business Wire)<\/p>\n<\/div>\n

WESTLAND RENEWS SECURITY ROBOT CONTRACT<\/b><\/p>\n

Westland Real Estate Group, which operates over 65 residential communities on the west coast<\/a>, renewed its contract to use a Knightscope K5 ASR to patrol one of its Las Vegas residential communities in an area known to have high crime rates. The mobile security robot performs routine patrol activities and constantly communicates with the residential community\u2019s staff. The Executive Director of the Nevada State Apartments Association, Susy Vazquez, was quoted as saying, \u201cWOW! Westland, again, is stepping outside the box and addressing issues with innovation! I’m fascinated by the capabilities of this bot and its effectiveness.\u201d<\/p>\n

ROBOT ROADSHOW TO LAND AT MARGARITAVILLE<\/b><\/p>\n

\nKnightscope\u2019s Robot Roadshow is touring the U.S. and will be in Bossier City, Louisiana, April 26-27 from 10:00am to 2:00pm CT to allow members of the public, investors, and community leaders in public safety to learn about the Company, the machines and to view these technologies in action and in person. Reservations are encouraged, but not required. Anyone looking to learn more, as well as those seeking innovative solutions for security and public safety or improved emergency communications, may book their slot by clicking here<\/a>.<\/p>\n

\nWant a long-term public safety technology solution for your city or property? Book a discovery call or meeting now at www.knightscope.com\/discover<\/a> to learn more about Knightscope\u2019s Autonomous Security Robots and blue light emergency communication systems.<\/p>\n

About Knightscope<\/b><\/p>\n

\nKnightscope is an advanced security technology company based in Silicon Valley that builds fully autonomous security robots that deter, detect and report. Knightscope\u2019s long-term ambition is to make the United States of America the safest country in the world. Learn more about the Company at www.knightscope.com<\/a>. Follow Knightscope on Facebook<\/a>, Twitter<\/a>, LinkedIn<\/a> and Instagram<\/a>.<\/p>\n

Forward-Looking Statements<\/b><\/p>\n

\nThis press release may contain \u201cforward-looking statements\u201d about Knightscope\u2019s future expectations, plans, outlook, projections and prospects. Such forward-looking statements can be identified by the use of words such as \u201cshould,\u201d \u201cmay,\u201d \u201cintends,\u201d \u201canticipates,\u201d \u201cbelieves,\u201d \u201cestimates,\u201d \u201cprojects,\u201d \u201cforecasts,\u201d \u201cexpects,\u201d \u201cplans,\u201d \u201cproposes\u201d and similar expressions. Forward-looking statements contained in this press release include, but are not limited to, statements about the Company\u2019s path to profitability, the Company\u2019s targeted annualized revenue run rate, the Company\u2019s plans for top-line growth, the Company\u2019s ability to deliver on its backlog of new orders, the benefits of the Company\u2019s planned streamlining of its operations and rightsizing of its combined workforce and the Company\u2019s ability to achieve improved margins. 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 Company\u2019s restructuring efforts may adversely affect the Company\u2019s internal programs and the Company\u2019s ability to recruit and retain skilled and motivated personnel, and may be distracting to employees and management; the risk that the Company\u2019s restructuring efforts may negatively impact the Company\u2019s business operations and reputation with or ability to serve customers; the risk that the Company\u2019s 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 \u201cRisk Factors\u201d in Knightscope\u2019s 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.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230419005677\/en\/<\/a><\/span><\/p>\n

Public Relations:
\n<\/b><\/i>
Stacy Stephens
\n<\/i>
Knightscope, Inc.
\n<\/i>
(650) 924-1025
\n<\/i><\/p>\n

Corporate Communications:
\n<\/b>
IBN (InvestorBrandNetwork)
\n
Los Angeles, California
\n
www.InvestorBrandNetwork.com
\n<\/a>
310.299.1717 Office
\n
Editor@InvestorBrandNetwork.com<\/a><\/i><\/p>\n

KEYWORDS:<\/b> Washington Florida District of Columbia New York California United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Public Policy\/Government Hardware Law Enforcement\/Emergency Services Robotics Public Safety Technology Homeland Security Security<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
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Knightscope Robot Deliveries Reduce $5 Million Backlog Over 12% in One Month (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Knightscope Robot Deliveries Reduce $5 Million Backlog Over 12% in One Month Westland Real Estate Group Renews Security Robot Contract for Las Vegas Multi-Family Community Robot Roadshow Makes Louisiana Debut at Margaritaville Casino MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Knightscope, Inc. (Nasdaq: KSCP) (\u201cKnightscope\u201d), a leading developer of autonomous security robots and blue light emergency communication systems, today announced that it shipped multiple Autonomous Security Robots (ASRs) over the last 30 days, representing approximately $258 thousand of annualized revenue. ASRs are arriving in California, Florida, New York, Washington and Washington DC to help better secure the places people live, work, study, and visit. Also contributing to the backlog reduction were shipments of numerous blue light emergency communication systems, representing approximately $417 thousand in … <\/p>\n

Continue reading “Knightscope Robot Deliveries Reduce $5 Million Backlog Over 12% in One Month”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-749138","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nKnightscope Robot Deliveries Reduce $5 Million Backlog Over 12% in One Month - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/knightscope-robot-deliveries-reduce-5-million-backlog-over-12-in-one-month\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Knightscope Robot Deliveries Reduce $5 Million Backlog Over 12% in One Month - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Knightscope Robot Deliveries Reduce $5 Million Backlog Over 12% in One Month Westland Real Estate Group Renews Security Robot Contract for Las Vegas Multi-Family Community Robot Roadshow Makes Louisiana Debut at Margaritaville Casino MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Knightscope, Inc. (Nasdaq: KSCP) (\u201cKnightscope\u201d), a leading developer of autonomous security robots and blue light emergency communication systems, today announced that it shipped multiple Autonomous Security Robots (ASRs) over the last 30 days, representing approximately $258 thousand of annualized revenue. ASRs are arriving in California, Florida, New York, Washington and Washington DC to help better secure the places people live, work, study, and visit. 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