InvestorNewsBreaks – Knightscope Inc. Receives New Agreement with Houston Medical Supply Company

January 19, 2021 15:23:08

Knightscope, a leader in the development of autonomous security capabilities, announced that it has finalized a new agreement with a prominent medical supply company that has been operating in the greater Houston area for more than two decades. Medical supplies are a longtime favorite target for thieves because they are typically high-cost items with a high re-sale value on the black market. For example, in 2019, more than $500,000 worth of medical tools were stolen from a Pennsylvania hospital; the robbery was done with three thieves simply carrying out the stolen goods in backpacks. It took the hospital two days to discover the missing items (https://ibn.fm/jjaHK). In a similar instance, a Chicago hospital caught one of its physicians stealing nearly $200,000 worth of equipment, including an ultrasound machine, ultrasound probes, a video printer, infusion and compression pumps, an automated external defibrillator, a suction machine, and a bladder scanner (https://ibn.fm/TBB1s). In light of these types of situations, it make sense that hospitals would turn to Knightscope and it’s K5 Autonomous Security Robot (“ASR”) to protect essential and valuable medical supplies. The new contract outlines calls for the K5 ASR to provide exterior patrol for one of its new client’s manufacturing facilities in an effort to tighten security.

To view the full press release, visit https://ibn.fm/MIljd

About Knightscope Inc.

Knightscope is an advanced security technology company based in Silicon Valley that builds fully autonomous security robots 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 about the company, please visit www.Knightscope.com.

NOTE TO INVESTORS: The latest news and updates relating to Knightscope are available in the company’s newsroom at https://ibn.fm/Knight

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