Knightscope (KSCP) Receives Contract from a Large REIT

Knightscope, Inc. (Nasdaq: KSCP), a developer of advanced physical security technologies focused on enhancing U.S. security operations, today announced that it has received another new contract for Autonomous Security Robot (ASR) services. One of the largest US real estate investment trusts (REIT) signed an agreement for Knightscope’s K5 ASR to patrol one of its open-air, mixed-use shopping centers in southern Florida. As of 2022, the client owns and operates more than 500 shopping centers and mixed-use assets in the United States representing more than 93 million square feet of leasable space. It considers its Florida property to be a “lifestyle destination,” featuring best-in-class retail, restaurants, entertainment, and events, complemented by two global hotels. Adding highly visible, state-of-the-art security technologies like Knightscope’s K5 will surely add to the destination appeal, ensuring worker and visitor safety throughout the location.

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