Knightscope Autonomous Security Robots (“ASRs”) Help Businesses Keep Parking Areas Safe

• Rising metal prices have led to an increased incidence of catalytic converter thefts from automobiles because of the minerals they contain
• While business security forces work to stem parking area vulnerabilities, California-based Knightscope is demonstrating the importance of its parking area-patrolling autonomous security robots (“ASRs”)
• One of Knightscope’s ASR robot models was featured in a report on a 9-acre Las Vegas apartment complex’s crime-ridden property, which has seen a drop in calls to police since the ASR was deployed
• The Las Vegas apartment complex managers said they were so pleased with the ASR’s performance they intended to order more Knightscope robots for other properties

The rising incidence of catalytic converter thefts from vehicles, particularly in Northeastern states, highlights one of the challenges of maintaining security vigilance against criminal activity on business properties. From Vermont (https://ibn.fm/R7bki) to Minnesota (https://ibn.fm/QVTCh) and down to North Carolina (https://ibn.fm/86bDZ), news agencies have picked up on reports the emissions control devices are being purloined for rare minerals such as platinum, palladium and rhodium.

“This spring, there’s been quite the resurgence,” a Vermont police officer told news reporters. “Right now, our biggest problem is it happens to such an extent that a lot of the businesses don’t report it anymore…

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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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