Knightscope, Inc. (NASDAQ: KSCP), the security technology company building the nation’s first Autonomous Security Force, today announced a significant expansion of its workforce to support its growing technology-enabled security services operations.
In connection with these new hires, the Company’s Board of Directors’ Compensation Committee approved equity awards to 136 employees as inducement grants material to their employment with the Company.
In the aggregate, the inducement grants consist of options to purchase 732,644 shares of the Company’s common stock and were granted as a material inducement to employment in accordance with Nasdaq Listing Rule 5635(c)(4).
The awards have an exercise price of $2.04, equal to Knightscope’s common stock closing price on July 2, 2026. Vesting is as follows: 25% of the shares subject to each award vest on the first anniversary of the grant date, and the remaining shares vest in equal monthly installments over a three-year period, in each case subject to the employee’s continued service with Knightscope through the applicable vesting dates.
The awards were distributed across multiple employee tiers to support the Company’s expanding operations, including 100 security agents responsible for client deployments and recurring revenue-generating security services, as well as 36 supervisory, operations, and security force leadership personnel.
The workforce expansion reflects the Company’s continued evolution toward a technology-enabled managed services provider that delivers security at scale by combining autonomous technologies with trained security personnel who support client deployments nationwide. The expansion supports the Company’s growing base of recurring-revenue deployments.
“The frontline is where our reputation is won or lost every single day and is a critical component of our Autonomous Security Force. Extending ownership to the agents and supervisors doing that work aligns everyone behind the same thing our clients care about: quality that holds up over the long term, shift after shift,” said William Santana Li, Chairman and Chief Executive Officer, Knightscope, Inc.
Professionals interested in joining the Knightscope team at headquarters or in the field with our clients can apply at www.knightscope.com/careers – where numerous positions are open as the Force continues to grow.
About Knightscope
Knightscope is a security technology company building the nation’s first Autonomous Security Force. The Company combines autonomous machines, advanced software, and human expertise to help protect people, property, and critical infrastructure. Knightscope’s long-term mission is to make the United States of America the safest country in the world. Learn more about us at www.knightscope.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. 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 goals, profitability, growth, prospects, reduction of expenses, and outlook. Although Knightscope believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks, uncertainties and other important factors that could cause actual results to differ materially from such forward-looking statements, including the factors discussed under the heading “Risk Factors” in Knightscope’s Annual Report on Form 10-K for the year ended December 31, 2025, as updated by its other filings with the Securities and Exchange Commission. 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.
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