InvestorNewsBreaks – Knightscope Inc. Announces New Contract with Outdoor Shopping Center

April 1, 2021 13:38:47
Knightscope, a developer of advanced physical security technologies utilizing fully autonomous security robots (“ASRs”), has announced an agreement to deploy its K5 patrol solution to a new client. The update reads, “At the onset of the pandemic, it was unclear what fate lied ahead for shopping malls and retail outlets across the country. Mall developer moguls like Simon and Macerich suffered losses from roughly half of rent payments due not being paid. But with coronavirus vaccines rolling out across the U.S., retail experts are predicting that top-tier shopping centers are likely to bounce back this year. To best position itself for success in 2021, an Oregon shopping center signed an agreement with Knightscope for one K5 ASR to patrol its property. The main use case is deterring ‘vagrant encroachment’ in order to improve the visitor experience and overall safety. The owner is very excited to deploy our solutions and is thrilled to be the first Knightscope client in the state of Oregon.” To view the full update, visit About Knightscope Knightscope is an advanced security technology company based in Silicon Valley that builds fully autonomous security robots (“ASRs”) that deter, detect and report. The company’s long-term ambition is to make the United States of America the safest country in the world. For more information, visit the company’s website at NOTE TO INVESTORS: The latest news and updates relating to Knightscope are available in the company’s newsroom at

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