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TinyGemsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Expands LA County Emergency Communication Capabilities

By: Investor Brand Network

June 01, 2023 at 15:38 PM EDT

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, has fulfilled a $1.2 million contract for K1 Call Boxes. The contract, which will expand emergency communication capabilities for Los Angeles County, was awarded after a unanimous 12-to-0 vote by members of the Los Angeles Metro Board. According to the company, the call boxes will add 210 units to the Kenneth Hahn Call Box System.

The call boxes are available 24/7/365 for motorists in Los Angeles County. A recent report from the Los Angeles County Service Authority for Freeway Emergencies (“LA SAFE”) indicated that an estimated 5,500 calls are generated every year from these call boxes. Approximately 4,000 of the calls result in action or aid offered by the Metro Freeway Service Patrol, Auto Club, California Highway Patrol (“CHP”) rotation tow, CHP dispatch and other entities.

“I think [the call boxes are] absolutely worth it,” said LA Metro board member and Los Angeles County Fourth District Supervisor Janice Hahn. “One of our responsibilities is to make sure our freeways are safe for people. This way, the motorists have a lifeline.”

Hahn’s father, Kenneth Hahn, was on the Board of Supervisors for four decades, serving from 1952–1992. He created the call box system, which immediately connects users to the CHP and provides the exact location of the device being used, after seeing a mother and her children stranded on the 110 Freeway. The call box system, which was eventually named after Kenneth, allows services to be dispatched quickly.

Knightscope noted that the new order from Los Angeles County came just shortly after it announced a $1.25 million contract with Rutgers University for K1 Blue Light Towers and K1 E-Phones.

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

About Knightscope, Inc.

Knightscope is an advanced public safety technology company that builds fully autonomous security robots and blue light emergency communications systems that help protect the places people live, work, study and visit. Knightscope’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 KSCP are available in the company’s newsroom at https://ibn.fm/KSCP

About TinyGems

TinyGems is your guide to the best and brightest in the under-appreciated small-cap sector. As one of 50+ brands within the InvestorBrandNetwork (“IBN”), TinyGems provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN to reach millions of social media followers; and (5) a full array of corporate communications solutions. It’s time to uncover some of the best-kept secrets on Wall Street. TinyGems features innovative small-cap companies with huge potential, putting a spotlight on the best and brightest of these disruptors that have the technology, the talent, the drive, and the business models to make a huge impact in the markets and in portfolios. Whether it’s a game changing technology, a new more profitable product or service, or a star in a hot sector, TinyGems is the go-to source for actionable intelligence.

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