Discover How Knightscope (NASDAQ:KSCP)(NASDAQ:KSCP) is bringing an R2D2-inspired bot to life as artificial intelligence and robots challenge industries worldwide

Are you concerned that AI will one day take over your job? That day might arrive sooner than you think.

Two separate research papers have revealed that OpenAI’s ChatGPT has the potential to earn an MBA from an Ivy League business school and even pass the US Medical Licensing Exam.1

Professor Christian Terwiesch from the University of Pennsylvania put the AI language tool to the test by giving it the final exam for an operations management course at the Wharton School of Business. ChatGPT earned the equivalent of a B to B-.

Based on the results, ChatGPT demonstrated a “remarkable ability” and according to  Terwiesch, has the potential to automate skills that are performed by “highly-compensated knowledge workers” like consultants, analysts, and managers.

ChatGPT even earned a passing grade in the Evidence and Torts section of the Multistate Bar Exam, with results strongly suggesting that it will likely be able to pass the US bar “in the near future.”2

ChatGPT may still need some time for development but there are already plenty of other AI robots being deployed into the workforce.

From warehouses and restaurants3 to airports and even nursing homes,4 these advanced machines have the ability to deliver food and medication, pick and sort packages, process and deliver reports and perform difficult or dangerous tasks.

Among the industries adopting robots, security is proving to be the largest, and potentially the most in need.

The global security robots market has already grown exponentially, reaching $27.32 billion in 2021 and it’s expected to grow at an impressive CAGR of 17.65% to reach $116.44 billion by 2030.5

Tokyo became the most recent nation to deploy security robots to offset the forecasted security personnel shortage,6 but North America is expected to be the fastest growing in the security robots market.

It makes sense when you consider the rise of violent crime in the US7 and the fact that the population is 331 million, yet there are only 660,288 full-time law enforcement officers8 and just over a million more security guards9— roughly 200 people to every one protector.

Luckily, there’s a fast-growing Silicon Valley-based advanced security tech company building and deploying Autonomous Security Robots (ASR) at a rapid pace to help keep Americans and their families safe.

Knightscope, Inc. (NASDAQ:KSCP)(NASDAQ:KSCP) has taken four advanced technologies (autonomy, robotics, AI, and electric vehicles) to develop advanced ASRs that provide 24/7/365 security to a variety of locations where people live, work, visit and study.

Since its inception in 2013, Knightscope has raised over $120 million, amassed 35,000+ investors by the time it listed on the NASDAQ in January 2022, developed its own proprietary tech from scratch, and rolled out for over 1.8 million hours of field operation to date.

Knightscope, Inc. (NASDAQ:KSCP)(NASDAQ:KSCP) already has a notable acquisition under its belt, particularly CASE Emergency Systems,10 and its impressive roster of clientele including the New York Police Department (NYPD), New York City Fire Department (FDNY), San Luis Obispo Council of Governments (SLOCOG) and the Orange County Transportation Authority (OCTA).

Since acquiring CASE in October 2022 (yes, the same year as Knightscope’s public listing), Knightscope has continued streamlining its operations and expects to achieve a combined annualized revenue run rate between $12 million to $14 million.

7 Reasons to Pay Very Close Attention to Knightscope, Inc. (NASDAQ:KSCP)(NASDAQ:KSCP)

  1. Huge Market in Dire Need of Crime Prevention:Between 2019 and 2020, the FBI and CDC reported a roughly 30% increase in the US murder rate.11 The public is also noticing the trend, with a record-high 56% of Americans perceiving that local crime has increased.12 According to the NCVS, violent crime in urban areas rose 29% from 2020 to 2021, from 19.0 to 24.5 victimizations per 1,000 persons aged 12 or older.13 
  2. Rapid Path to Profitability: Knightscope (NASDAQ:KSCP)(NASDAQ:KSCP) has signed contract after contract over the last year, adding nine new contracts in January 2023 alone and 50 new contracts since mid-November. The robots are coming.
  3. Machine-as-a-Service (MaaS) = Massive Recurring Revenue Opportunity: Clients that utilize Knightscope’s ASR onsite get the safety of providing 24/7 patrol, for less than $9 per hour (and as low as $0.75 per hour). The MaaS model provides recurring revenue and plenty of satisfied (renewing) clients.
  4. Autonomous Operation: This is the ONLY company operating fully autonomously 24/7/365 across an entire country without human intervention both outdoors and indoors. They’ve already amassed satisfied clients with plenty of renewals and have gained 1.8+ million hours of field experience so far, and growing…
  5. Solid Support: Since inception, Knightscope (NASDAQ:KSCP)(NASDAQ:KSCP) has raised in excess of $120 million to build all of the technology from scratch. As of its NASDAQ public listing (27 Jan 2022), Knightscope is backed by a strong following of over 35,000 investors. It subsequently secured a $100 million committed equity facility from B Riley.14
  6. Growing Tech Portfolio:Comprehensive offering with nine patents and technologies designed for various environments, including stationary, indoor, outdoor and future multi-terrain and high-speed vehicles.
  7. Relentless, Experienced Leadership Team:Most of the management team consists of the original founding management team which hold a big insider position including Knightscope Co-founder, CEO and Chairman William Santana Li, who began his career at Ford Motor Company and later as COO at Ford subsidiary GreenLeaf LLC, which became the world’s second-largest automotive recycler – and when he became the youngest senior executive at Ford worldwide out of 430,000 employees at the time.  He personally holds 7 million shares of KSCP.

BONUS: Knightscope is not only stacked with industry rockstars but adds a much-needed ESG bonus15 in today’s investment market.

Desperate Need for Crime Prevention in the US Driving a Huge Market Forward

According to the January 26, 2023 report from the Council of Criminal Justice, homicide and gun assaults fell in the largest cities in the US last year.16 However, experts say it doesn’t paint the whole picture, which makes sense considering there have already been 40 deadly attacks across the country in the first 26 days of 2023.17

The report also noted robberies, property crimes, motor vehicle thefts, and carjackings have all continued to rise.

When it comes to protecting Americans, several companies are developing data-driven solutions to combat violent crimes in the US and beyond.

Let’s look at how they compare to Knightscope, Inc. (NASDAQ:KSCP)(NASDAQ:KSCP).

It can be tricky when it comes to comparing Knightscope, Inc. (NASDAQ:KSCP)(NASDAQ:KSCP) with other companies in the industry – as there is not a direct comparison. That typically comes with the territory of disruptive technology.

Axon Enterprise, the creator of the Taser, is focused on protecting individuals with “smart weapons,” body cameras, and VR training for officers,24 while Wrap Technologies arms law enforcement with remote restraint devices known as BolaWrap.25

Shotspotter develops precision policing solutions like gun detection systems, high-tech security cameras, and a law enforcement search engine and information platform.26

However, Knightscope is the only publicly-traded company providing the US with fully autonomous security robots that deter, detect and report and can be used in basically any area people work, live and visit – both outdoors and indoors.

In fact, Knightscope, Inc. (NASDAQ:KSCP)(NASDAQ:KSCP) has already signed on a string of new clients, including nine new contracts from the first 26 days of this year (more on those later) and 50 new contracts since mid-November.

Plus, with a unique hardware-software Machine-as-a-Service (MaaS) business model, Knightscope, Inc. generates recurring revenue from its growing number of satisfied clients in the public and private sectors.

Machine-as-a-Service (MaaS) = Ongoing Recurring Revenues

As shown above, Knightscope, Inc. (NASDAQ:KSCP)(NASDAQ:KSCP) has already proven a capability to generate millions in revenue from its business model.

The nationwide average for a police officer falls mostly between $57k and $67k,27 and fully-fringed is estimated to be up to $149k.28

Meanwhile, Knightscope’s (NASDAQ:KSCP) service has annual subscriptions at an effective price of approximately $0.75 to $9.00 per hour with an all-inclusive service including

  • Deployment (needs assessment, virtual demo, site assessment, site survey, shipping, logistics, setup, configuration and training)
  • Technology (Autonomous Security Robot (ASR)
  • Knightscope Security Operations Center (KSOC) user interface, charging systems, and data storage).

A single K5 ASR can generate $309,700 of revenue over five years and is either paid upfront by the client or financed by a funding partner.29

Total cash outflows over the period are ($133,000) yielding a margin of $176,700 or 57%, as an example.

So, not only are Knightscope’s ASRs a more affordable option, they’re easy to recruit, work around the clock without breaks or sick days, follow orders consistently, and can perform tasks that are too dangerous for humans.

Over the years, Knightscope’s (NASDAQ:KSCP)(NASDAQ:KSCP) clients have reported several crime-fighting wins with ASRs including:

  • Capturing eye-level video of a domestic violence assault that was used by law enforcement for prosecution
  • Identifying a car involved in a parking lot hit-and-run and catching the suspect
  • Helping law enforcement issue an arrest warrant for a sexual predator
  • Assisting in the positive identification of a gunman in a shooting incident at a mall

And that is just a few of the crimes Knightscope has helped solve with its robots.30

Stacked with a Growing Roster of Clients

Since the launch of its ASRs, Knightscope (NASDAQ:KSCP)(NASDAQ:KSCP) has been working tirelessly to present this new technology to potential clients across the US, and its efforts are paying off immensely.

In the first 26 days of 2023 alone, Knightscope added nine new contracts31,32, and signed seven renewals.

The deals from January 2023 alone include:

  1. A New York college upgraded two of its devices with K1 Upgrade Kits and a 1-year maintenance plan
  2. A private university in California purchased 5 K1 Upgrade Kits
  3. A New Jersey Airport added a K1 E-Phone and parts kit
  4. A North Carolina town bought another K1 Upgrade Kit
  5. A city in Colorado added a K1 Call Box to its existing network
  6. Knightscope’s (NASDAQ:KSCP)(NASDAQ:KSCP) channel partner, and one of the largest security companies in the US, added another K5 ASR to the security program of one of the largest finance companies in the nation
  7. An American entertainment company entertainment company operating in 20 states added Knightscope to three properties in three states
  8. A residential developer committed to the preservation, restoration, and renovation of properties in Chicago, Kansas City, and St. Louis signed its first contract for a K5 ASR
  9. A teaching hospital has purchased 5 K1 Blue Light Towers

This recent string of contracts is nothing new for Knightscope (NASDAQ:KSCP)(NASDAQ:KSCP), which closed 25 new contracts the month prior including its largest single contract in the company’s history consisting of 12 K5 ASRs, two K1 Blue Light Towers and two K1 Call Boxes.33

Some of the notable clients from December 2022 include a real estate investment company with properties in 14 US states,34 a property management group in Chicago, a police department in North Carolina, an airport in New Jersey,35 colleges in Georgia and Texas,36 and two new contracts from cities in New York and Georgia.

Knightscope (NASDAQ:KSCP) (NASDAQ:KSCP)also recently partnered with ABM, one of the nation’s largest parking service providers, to introduce innovative automated monitoring measures and improvements to parking infrastructure. ABM deployed three Knightscore robots at a US international airport parking facility.37

In fact, it’s really just been deal after deal for this company. In November, Knightscope secured five new contracts and deployed dozens of machines for clients, including:

  • A leading US-based casinos and gaming facilities operator
  • A Fortune 1000 hospitality company
  • A Fortune 500 consumer foods manufacturer
  • A privately held multi-family housing developer with 25 properties in Texas38
  • A global manufacturer and distributor of medical and laboratory products
  • Two hotels
  • A sports complex in New York
  • A multi-family housing complex in Pennsylvania39
  • A 41-machine contract with a University in New Jersey40

Knightscope’s (NASDAQ:KSCP)(NASDAQ:KSCP) market expansion has also moved into the rapidly growing healthcare sector, signing five contracts totaling 22 new machines in the healthcare market across multiple US states.41 These wins serve as a reminder of the need and desire to create a secure environment for the country’s healthcare providers and patients.

These new clients join an already-impressive roster of top-tier clients like PG&E, which just recently doubled its order due to positive ROI.42

Strategic Acquisition Provides Impressive Client Roster

But perhaps the most important deal Knightscope (NASDAQ:KSCP)(NASDAQ:KSCP) signed in November is the acquisition of CASE Emergency Systems43 and its flagship Blue Light Tower system – a high-visibility, solar-powered, weatherproof, wireless emergency phone designed to function in virtually every possible setting, including remote locations.44

CASE’s key clients, including the New York Police Department (NYPD), New York City Fire Department (FDNY), San Bernardino County Transportation Commission (SBCTC), San Luis Obispo Council of Governments (SLOCOG), Orange County Transportation Authority (OCTA) and Ventura County Transportation Commission (VCTC).

And this is just the beginning. Knightscope’s (NASDAQ:KSCP)(NASDAQ:KSCP)Robot Roadshow has been so successful at generating new clients that it’s led to millions of dollars in backlog orders for ASRs across the country.45

Solid Short and Long-Term Growth Plans Help Secure Spot in Growing Market

Knightscope, Inc. (NASDAQ:KSCP)(NASDAQ:KSCP) also has a solid long-term and short-term plan that is clearly already solidifying its spot in the market.

In January, Knightscope outlined its planned path to profitability, which it expects to achieve within 24 months.46

The company expects to achieve a $12 million to $14 million annualized revenue run rate, and its pro forma combined revenue numbers for the six months ended June 30, 2022 ($6.996 million) suggest it is right on the money.

Knightscope’s (NASDAQ:KSCP)(NASDAQ:KSCP) top-line revenue growth is accelerating through new sales contracts, expansion with existing clients, contract renewals, and increased engagement through its reseller program. The company is also making great progress in fulfilling its multimillion-dollar backlog of new orders, as many supply chain issues have subsided.

Here’s what the company is doing to keep that momentum going:

Short Term:

  • Sales Team: Recruit and train sales professionals
  • Verticals: Focus on commercial real estate, hospitals, hotels, residential, manufacturing, logistics, casinos, corporate campuses and transportation
  • Marketing: Continue using Robot Roadshow as a highly unique selling tool to place ASRs in front of prospective clients
  • Technology: Back-end technology improvements focused on scaling

Long Term:

  • FedRamp: Continue working towards targets ATO (Authority to Operate with the US Federal government
  • Technology: Continue to invest in new product development focused on additional capabilities and form factors
  • Acquisitions: Selectively explore possible target with unique technologies and/or teams
  • Strategic Partnerships: Explore additional opportunities with InsureTech and PropTech firms

Solid Shareholder and Insider Support

As mentioned, Knightscope (NASDAQ:KSCP)(NASDAQ:KSCP) has raised over $120 million to build all of the technology from scratch and amassed a strong following of over 35,000 investors.

Among that investor base, 57% is owned by individual investors, while individual insiders account for 32% of the company’s stockholders.47

It’s also worth mentioning that Knightscope’s trading volume has increased quite significantly since early November when it was only trading 21,000 to 138,000 per day. Now, the stock has 150,000 to over 500,000 shares trading daily.

Knightscope’s Expert Leadership Team

The same team that founded, funded, grew, and listed Knightscope, Inc. (NASDAQ:KSCP)(NASDAQ:KSCP) over the last decade is leading the company today, and they plan to continue growing the company organically over the next two to three decades, while achieving their goal of making America safer. Among the talented roster, includes:

William Santana Li

Co-Founder, CEO and Chairman

At the age of 28, Bill Li was once the youngest senior executive at Ford Motor Company worldwide. Today, he’s an American entrepreneur with +30 years of experience in the global automotive industry and founding and leading a number of start-ups. At Ford, Li’s roles spanned four continents, as held multiple business and technical positions, including Director of Mergers & Acquisitions, and later internally securing $250 million in financing to found and served as COO of GreenLeaf LLC, a Ford Motor subsidiary that became the world’s second-largest automotive recycler. After GreenLeaf, Li was recruited by SoftBank Venture Capital to establish and serve as the President and CEO of the Model E Corporation, a newly established automobile manufacturer that focused on the “Subscribe and Drive” model in California. Li also founded Carbon Motors Corporation in 2003, and as its Chairman and CEO until February 2013, focused it on developing the world’s first purpose-built law enforcement patrol vehicle.

Stacy D Stephens

Co-Founder, EVP and Chief Client Officer

Stephens previously co-founded Carbon Motors Corporation with Li, where he led marketing operations, sales, product management, partnership marketing and Client service. At Carbon Motors, he established the “Carbon Council,” a Client interface and users group consisting of over 3,000 law enforcement professionals across all 50 states and actively serving over 2,200 law enforcement agencies.

Mercedes Soria

EVP and Chief Intelligence Officer

Soria is a technology professional with +15 years of experience in systems development, life cycle management, project leadership, software architecture, and web applications development. Another Carbon Motors Corporation alumnus, Soria led IT strategy development at that company from 2011 until 2013.

Mallorie S Burak

EVP and CFO

Burak is an experienced financial executive, bringing +25 years of expertise working with a variety of financing sources, both public and private, as well as significant experience leading and managing M&A-related activities across a broad spectrum of industries ranging from early-stage start-ups to multi-national, public corporations. Over the span of her career, she’s negotiated and managed over $500 million of successful financing and M&A deals, having spent the last 13 years focused on turnarounds and special situations for both public and venture-backed companies.

RECAP: 7 Reasons To Put Knightscope, Inc. (NASDAQ:KSCP)(NASDAQ:KSCP) On Your Watchlist

  • Huge Crime Prevention Market
  • Signing New Contracts at Breakneck Speed
  • Recurring Revenue Through MaaS Business Model
  • Autonomous Operation
  • Solid Support
  • Growing Tech Portfolio
  • Persistent, Experienced Leadership Team

The autonomous security space is still in its infancy with Knightscope (NASDAQ:KSCP)(NASDAQ:KSCP)positioning itself as the first mover. The problem of crime is not going away any time soon and this story is surely one to pay attention to.

Do your own due diligence on this startup that has taken the idea from the movies and created a real-life R2D2-inspired security robot.  Knightscope, Inc. (NASDAQ:KSCP)(NASDAQ:KSCP) nearly a decade since its founding, and over 1.8 million hours in operation in the field, has the business model and technology to make a big impact on society.

Don’t forget to click here to subscribe for email updates and ensure you don’t miss out on any of Knightscope’s news and milestones.

1https://globalnews.ca/news/9432503/chatgpt-exams-passing-mba-medical-licence-bar/
2 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4314839
3 https://pressreach.com/featured-news/the-rise-of-robots-are-shaping-the-future-of-the-restaurant-industry
4 https://pressreach.com/featured-news/meet-the-humanoid-robot-helping-care-for-japans-aging-population
5 https://www.scmagazine.com/news/emerging-technology/security-robots-market-set-to-more-than-quadruple-by-2030
6 https://uk.finance.yahoo.com/video/tokyo-deploys-security-robots-preparation-161819141.html
7 https://www.city-journal.org/violent-crime-in-cities-on-the-rise
8 https://www.statista.com/statistics/191694/number-of-law-enforcement-officers-in-the-us/
9 https://www.bls.gov/oes/current/oes339032.htm
10 https://ir.knightscope.com/news-releases/news-release-details/knightscope-completes-acquisition-case-emergency-systems
11 https://www.pewresearch.org/fact-tank/2021/10/27/what-we-know-about-the-increase-in-u-s-murders-in-2020/
12 https://news.gallup.com/poll/404048/record-high-perceive-local-crime-increased.aspx
13 https://bjs.ojp.gov/content/pub/pdf/cv21.pdf?utm_content=default%26utm_medium=email%26utm_source=govdelivery
14 https://www.businesswire.com/news/home/20220404005967/en/
15 https://corpgov.law.harvard.edu/2018/09/06/across-the-board-improvements-gender-diversity-and-esg-performance/
16 https://www.usatoday.com/story/news/nation/2023/01/26/crime-rate-homicides-shootings-declined-2022/11075070002/
17 https://www.bbc.com/news/world-us-canada-64377360
18 https://www.yahoo.com/video/knightscope-third-quarter-2022-earnings-135458352.html
19 https://www.bizjournals.com/phoenix/news/2022/11/08/axon-beats-third-quarter-expectations.html
20 https://finance.yahoo.com/news/shotspotter-reports-third-quarter-2022-210500183.html
21 https://finance.yahoo.com/news/leidos-holdings-inc-reports-third-100000780.html
22 https://finance.yahoo.com/news/osi-systems-reports-fiscal-2023-130000842.html
23 https://finance.yahoo.com/news/wrap-technologies-inc-reports-third-210500061.html
24 https://www.axon.com/
25 https://wrap.com/
26 https://www.shotspotter.com/law-enforcement/coplink-x/
27 https://www.salary.com/research/salary/alternate/police-officer-salary
28 https://ward43.org/wp-content/uploads/2015/09/Cost-per-Police-Officer_vF.pdf
29 Knightscope Investor Presentation, Slide 10
30 https://www.knightscope.com/crime
31 https://ir.knightscope.com/news-releases/news-release-details/5-new-contracts-knightscope-nasdaq-kscp
32 https://ir.knightscope.com/news-releases/news-release-details/4-new-contracts-8-machines-kick-new-year-knightscope-nasdaq-kscp
33 https://ir.knightscope.com/news-releases/news-release-details/knightscope-nasdaq-kscp-announces-largest-contract-company
34 https://ir.knightscope.com/news-releases/news-release-details/knightscope-nasdaq-kscp-earns-4-new-contracts-7-machines
35 https://ir.knightscope.com/news-releases/news-release-details/knightscope-nasdaq-kscp-receives-5-new-contracts
36 https://ir.knightscope.com/news-releases/news-release-details/knightscope-nasdaq-kscp-sells-16-more-machines-3-new-contracts
37 https://ir.knightscope.com/news-releases/news-release-details/abm-deploys-knightscope-autonomous-robots-major-parking-facility
38 https://ir.knightscope.com/news-releases/news-release-details/knightscope-nasdaq-kscp-secures-5-new-contracts-accelerating
39 https://ir.knightscope.com/news-releases/news-release-details/knightscope-nasdaq-kscp-secures-5-new-contracts-accelerating
40 https://ir.knightscope.com/news-releases/news-release-details/knightscope-nasdaq-kscp-receives-contract-41-machines-university
41 https://ir.knightscope.com/news-releases/news-release-details/knightscope-nasdaq-kscp-receives-5-new-contracts-totaling-22-new
42 https://ir.knightscope.com/news-releases/news-release-details/pge-nyse-pcg-doubles-knightscope-order-nasdaq-kscp
43 https://ir.knightscope.com/news-releases/news-release-details/knightscope-completes-acquisition-case-emergency-systems
44 https://www.caseemergencysystems.com/
45 https://www.therobotreport.com/knightscope-continues-to-diversify-security-portfolio/
46 https://ir.knightscope.com/news-releases/news-release-details/knightscope-announces-its-plan-post-case-acquisition-path
47 https://finance.yahoo.com/news/knightscope-inc-nasdaq-kscp-most-161928039.html

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IMPORTANT NOTICE AND DISCLAIMER

This website is owned and hosted by Market Tactic Media Ltd. Articles appearing on this website should be considered paid advertisements. Market Tactic Media Ltd. and its owners, managers, employees, and assigns (collectively “the Website Host”) is often paid by marketing companies to host websites on which articles profiling public companies are published. The Website Host has not been compensated by any of the profiled companies. The Website Host’s compensation for articles appearing on this website is as follows:

  • The Website Host has been paid approximately $500 per week while the advertisement campaign is active by Think Ink Marketing as compensation to host the article profiling Knightscope, Inc..

SHARE OWNERSHIP

The Website Host does not own any shares of any profiled Knightscope, Inc.. and has no information concerning share ownership by others of any profiled companies and The Website Host cautions readers to beware that third parties, profiled companies, and/or their affiliates may liquidate shares of the profiled companies at any time, including at or near the time you read the articles on this website and this has the potential to hurt share prices. Frequently companies profiled in such articles experience a large increase in volume and share price during the course of investor awareness marketing, which often ends as soon as the investor awareness marketing ceases.

NO SECURITIES OFFERED

The articles on this website are not, and should not be construed to be, offers to sell or solicitations of an offer to buy any security. Neither the articles on this website nor the Website Host purport to provide a complete analysis of any Knightscope, Inc.. or its financial position. The Website Host is not, and does not purport to be, a broker-dealer or registered investment adviser. The articles on this website are not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular investor. Any investment should be made only after consulting a professional investment advisor and only after reviewing the financial statements and other pertinent corporate information about the Knightscope, Inc… Further, readers are advised to read and carefully consider the Risk Factors identified and discussed in the profiled Knightscope, Inc..’s SEC and/or other government filings. Investing in securities, particularly microcap securities, is speculative and carries a high degree of risk.

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The Market Tactic is the Website Host’s trademark. All other trademarks used in this communication are the property of their respective trademark holders. The Website Host is not affiliated, connected, or associated with, and is not sponsored, approved, or originated by, the trademark holders unless otherwise stated. No claim is made by the Website Host to any rights in any third-party trademarks.

FORWARD LOOKING INFORMATION

This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect expectations regarding Knightscope, Inc.. future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Knightscope, Inc.. industry; (b) market opportunity; (c) Knightscope, Inc.. business plans and strategies; (d) services that Knightscope, Inc.. intends to offer; (e) Knightscope, Inc.. milestone projections and targets; (f) Knightscope, Inc.. expectations regarding receipt of approval for regulatory applications; (g) Knightscope, Inc.. intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Knightscope, Inc.. expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Knightscope, Inc.. business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Knightscope, Inc.. ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) Knightscope, Inc.. ability to enter into contractual arrangements; (e) the accuracy of budgeted costs and expenditures; (f) Knightscope, Inc.. ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption as a result of COVID-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Knightscope, Inc.. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Knightscope, Inc.. operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as the COVID-19 pandemic may adversely impact Knightscope, Inc.. business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Knightscope, Inc.. business operations (e) Knightscope, Inc.. may be unable to implement its growth strategy; and (f) increased competition. Except as required by law, the Website Host undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise.

HISTORICAL INFORMATION

Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Knightscope, Inc.. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Knightscope, Inc.. or such entities and are not necessarily indicative of future performance of Knightscope, Inc.. or such entities.