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Unico Properties Advances Security at U.S. Bancorp Tower with First Autonomous Security Robot in Downtown Portland

Nicknamed “Rob,” the robot provides video and audio surveillance, thermal imaging, and other technology to the perimeter of the building’s parking garage, further enhancing safety and security for the tenants and daily visitors parking at U.S. Bancorp Tower

MOUNTAIN VIEW, Calif.–December 11, 2023–Knightscope, Inc. [NASDAQ:KSCP] (“Knightscope” or the “Company”), a leading developer of autonomous security robots and blue light emergency communication systems, today announces Unico Properties LLC, a real estate investment and operating company, has advanced its security at U.S. Bancorp Tower in downtown Portland by adding a new member to its security team: the Knightscope K5 a 5-foot-5-inch, 420-pound Autonomous Security Robot (“ASR”) that began patrolling the perimeter of the building’s parking structure in December. Unico’s robot is the first autonomous security robot in downtown Portland. Nicknamed “Rob,” it provides continuous monitoring and surveillance for the security officers inside U.S. Bancorp Tower. Cruising along the sidewalk surrounding the parking structure, Rob’s technology further enhances safety and security for the tenants and daily visitors parking at U.S. Bancorp Tower, it boosts both the eyes and ears of the already robust security team, and it amplifies the safety measures already in place.

“U.S. Bancorp Tower is a best-in-class building and it’s our goal to always provide our tenants with a security program that reflects that,” said Keren Eichen, Unico Properties Director of Real Estate Services. “We’ve been making continued investments in technology at Big Pink since 2018 to bring world-class innovation, safety, and security to this trophy asset. Incorporating Rob bolsters our security platform and supports our highly trained security operation, by further reducing and deterring activity around the exterior of Big Pink.”

Rob is one of the newest innovations in property security. As the first ASR deployed in downtown Portland, Rob is equipped with:

  • Continual video surveillance at 4K quality with 360-degree visibility.
  • Thermal imaging to detect potential threats.
  • Two-way intercom capabilities to support dialogue between individuals and Unico’s on-site security officers, offering visual and audio contact while maintaining safety.
  • An amplified speaker for alert broadcasting as necessary.
  • License Plate Recognition technology to monitor unwanted vehicles around the garage.
  • Be On the Look Out (BOLO) alerts, prompting notifications when banned individuals are on site.

“The Knightscope team is thrilled to leverage decades of law enforcement and security experience to help elevate public safety with forward-thinking clients like Unico,” stated Stacy Stephens, EVP and Chief Client Officer at Knightscope. “It is with tremendous pride that Rob sports the ‘Big Pink’ livery of U.S. Bancorp Tower as it helps to fulfill the Company’s mission to protect the places people live, work, study and visit.”

Adding Rob to the existing world-class security measures at U.S. Bancorp Tower – Portland’s largest office building at 1.2 million square feet – is the latest investment Unico has made to ensure the safety of its tenants, visitors, and employees in the building. The existing security platform at Big Pink includes more than 200 cameras, which offer 200 unique angles and allow the building’s security officers extensive surveillance capabilities. With Unico’s License Plate Recognition technology, access to the parking garage, loading docks, and elevators is significantly limited, and Unico has built a close working relationship with both the Portland Police Bureau’s Central Precinct Bike Squad, which patrols downtown, and Downtown Clean & Safe. Unico has also installed additional lighting throughout the exterior of U.S. Bancorp Tower and its parking garage.

The use of Knightscope technologies, like Rob, have resulted in significant decreases in crime reports and citations, and an increase in arrests. “Big Pink is immensely safe. Adding Rob to our security team augments our security platform with the next generation in surveillance and security, and as a result, it should bring additional peace of mind to our tenants and all who visit the building. But Rob is also fun, interactive, and cute. Come take a selfie with Rob and add some joy to your day,” added Eichen.

LEARN MORE

To learn more about Knightscope’s NEW Automated Gunshot Detection, Blue Light Emergency Communication Systems or Autonomous Security Robots – now with the option of Private LTE – book a discovery call or demonstration now at www.knightscope.com/discover.

About Knightscope

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. Learn more about us at www.knightscope.com. Follow Knightscope on FacebookX (formerly Twitter)LinkedIn and Instagram.

About Unico Properties LLC

Unico Properties LLC, a subsidiary of Unico Investment Group LLC, is a commercial real estate investor, developer, and full-service operator focused on office and multifamily assets in emerging markets throughout the United States. Founded in 1953, Unico has been transforming the built environment by creating innovative, people-focused building experiences through a cadre of subsidiary companies that deliver boutique expertise and institutional execution for its own accounts and select third-party clients. The private equity real estate investment firm currently owns and operates 18 million square feet of commercial properties across the United States and continues to grow. For more information about Unico, please visit the firm’s website at https://unicoprop.com.

Forward-Looking Statements

This press release may contain “forward-looking statements” about Knightscope’s future expectations, plans, outlook, projections and prospects. Such forward-looking statements can be identified by the use of words such as “should,” “may,” “intends,” “anticipates,” “believes,” “estimates,” “projects,” “forecasts,” “expects,” “plans,” “proposes” and similar expressions. Forward-looking statements contained in this press release and other communications include, but are not limited to, statements about the Company’s profitability and growth. Although Knightscope believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. These risks and uncertainties include, among other things, the risk that the restructuring costs and charges may be greater than anticipated; the risk that the Company’s restructuring efforts may adversely affect the Company’s internal programs and the Company’s ability to recruit and retain skilled and motivated personnel, and may be distracting to employees and management; the risk that the Company’s restructuring efforts may negatively impact the Company’s business operations and reputation with or ability to serve customers; the risk that the Company’s restructuring efforts may not generate their intended benefits to the extent or as quickly as anticipated. Readers are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” in Knightscope’s Annual Report on Form 10-K for the year ended December 31, 2022. Forward-looking statements speak only as of the date of the document in which they are contained, and Knightscope does not undertake any duty to update any forward-looking statements, except as may be required by law.

Contacts

Public Relations:
Stacy Stephens
Knightscope, Inc.
(650) 924-1025

Featured Image @ Business Wire

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6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management’s expectations regarding Knightscope, Inc.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Knightscope, Inc.’s industry; (b) market opportunity; (c) Knightscope, Inc.’s business plans and strategies; (d) services that Knightscope, Inc. intends to offer; (e) Knightscope, Inc.’s milestone projections and targets; (f) Knightscope, Inc.’s expectations regarding receipt of approval for regulatory applications; (g) Knightscope, Inc.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Knightscope, Inc.’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Knightscope, Inc.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Knightscope, Inc.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) Knightscope, Inc.’s ability to enter into contractual arrangements with additional Pharmacies; (e) the accuracy of budgeted costs and expenditures; (f) Knightscope, Inc.’s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Knightscope, Inc. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Knightscope, Inc.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact Knightscope, Inc.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Knightscope, Inc.’s business operations (e) Knightscope, Inc. may be unable to implement its growth strategy; and (f) increased competition.

Except as required by law, Knightscope, Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Knightscope, Inc. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither Knightscope, Inc. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document.

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