STOCK TITAN

Charlotte Football Club Brings Evolv Express to Training Facility

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Evolv Technology (NASDAQ: EVLV) has expanded its partnership with Charlotte Football Club, implementing Evolv Express® systems for threat detection at the team's training facility, Atrium Health Performance Park. This follows the successful use of Evolv Express at Bank of America Stadium, home to Charlotte FC and the Carolina Panthers. The expansion aims to provide a consistent security experience across all venues.

Evolv Express utilizes advanced sensor technology and artificial intelligence to differentiate between weapons and common metal objects. The partnership has led to Evolv's introduction to Charlotte-Mecklenburg Schools, one of North Carolina's largest school districts. Evolv now partners with 10 Major League Soccer teams for the 2024 season, solidifying its presence in professional sports and the Southeastern U.S.

Positive
  • Expansion of partnership with Charlotte Football Club to include training facility
  • Increased presence in Major League Soccer with 10 team partnerships
  • Growing footprint in the Southeastern U.S., including school districts
  • Over one billion visitors screened to date across various sectors
Negative
  • None.

Evolv Technology Now Partners with 10 Major League Soccer Teams

WALTHAM, Mass.--(BUSINESS WIRE)-- Evolv Technology (NASDAQ: EVLV), a leading security technology company pioneering AI-based screening to create safer experiences, today announced the evolution of its relationship with Major League Soccer’s Charlotte Football Club. The team is now using Evolv Express® systems for threat detection at its training facility, Atrium Health Performance Park.

Evolv Express is installed at Bank of America Stadium, which is owned and operated by Tepper Sports & Entertainment, and home to Charlotte FC and the Carolina Panthers of the National Football League (NFL). To achieve a consistent experience across all its venues, Evolv Express systems were recently installed at Charlotte FC’s training facility in East Charlotte.

“When you open a building, you have the opportunity to outfit it with great technology. This made choosing Express as our safety detection solution a no brainer,” said Joe LaBue, president of Charlotte FC. “Given the smooth fan-experience Express helps provide at Bank of America Stadium, we’re excited to expand these capabilities at Atrium Health Performance Park.”

Evolv Express uses advanced sensor technology combined with artificial intelligence to tell the difference between weapons and many kinds of metal objects people commonly carry. Tepper Sports & Entertainment introduced Evolv to local Queen City customer Charlotte-Mecklenburg Schools, one of the top three largest school districts in the state. Evolv has a significant and continuously expanding presence in the Southeastern U.S., inclusive of partnerships with a number of school districts in North and South Carolina.

“Our partnership with Charlotte Football Club is significant for several reasons and demonstrates our continued category dominance,” said Jay Muelhoefer, chief commercial officer for Evolv Technology. “Our footprint in MLS and in the Carolinas keeps expanding, and when you zoom out, you realize how deeply rooted we are in this region and in professional sports nationwide.”

Ten MLS teams opened the 2024 season using Evolv for security screening at home matches, including St. Louis CITY SC, the New England Revolution, and the Columbus Crew. In addition to stadiums and arenas, Evolv’s technology helps secure leading theme parks, casinos, schools, hospitals and places of worship and has screened over one billion visitors to date.

About Evolv Technology
Evolv Technology (NASDAQ: EVLV) is transforming human security to make a safer, faster, and better experience for the world’s most iconic venues and companies as well as schools, hospitals, and public spaces, using industry leading artificial intelligence (AI)-powered weapons detection and analytics. Its mission is to transform security to create a safer world to work, learn, and play. Evolv has digitally transformed the gateways in places where people gather by enabling seamless integration combined with powerful analytics and insights. Evolv’s advanced systems have scanned more than a billion people since 2019. Evolv has been awarded the U.S. Department of Homeland Security (DHS) SAFETY Act Designation as a Qualified Anti-Terrorism Technology (QATT) as well as the Security Industry Association (SIA) New Products and Solutions (NPS) Award in the Law Enforcement/Public Safety/Guarding Systems category. Evolv Technology®, Evolv Express®, Evolv Insights®, Evolv Cortex AI®, and Evolv Extend™ are registered trademarks or trademarks of Evolv Technologies, Inc. in the United States and other jurisdictions. For more information, visit https://evolvtechnology.com.

About Charlotte Football Club
Charlotte Football Club is the Major League Soccer Club in the Carolinas. The Club’s mission is to be a unifying force that is bigger than one city and encourage a sense of belonging through a progressive, collective, and ambitious approach that guides efforts on and off the pitch. CLTFC is committed to driving growth through the sport and community outreach. Charlotte FC is owned by David Tepper and is a part of Tepper Sports & Entertainment, which also includes Bank of America Stadium and the Carolina Panthers. For more information, visit CharlotteFootballClub.com.

Forward-looking Statements
Certain statements in this press release may constitute “forward-looking” statements and information, within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 that relate to our current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. In addition, these forward-looking statements reflect our current views with respect to future events or our Company’s performance and are not a guarantee of future performance. Actual outcomes may differ materially from the information contained in the forward-looking statements as a result of a number of factors, including, without limitation, the risk factors set forth in our Annual Report on Form 10-K for the year ended on December 31, 2023, that was filed with the SEC on February 29, 2024, as may be updated in other filings we make with the SEC, including our Quarterly Report on Form 10-Q for the quarter ended on March 31, 2024 that was filed with the SEC on May 9, 2024. These statements reflect management’s current expectations regarding future events and operating performance and speak only as of the date of this press release. You should not put undue reliance on any forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

Media Contact:

Alexandra Smith Ozerkis

aozerkis@evolvtechnology.com

Investor Contact:

Brian Norris

bnorris@evolvtechnology.com

Source: Evolv Technology

FAQ

What is Evolv Technology's new partnership with Charlotte Football Club?

Evolv Technology has expanded its partnership with Charlotte Football Club by implementing Evolv Express® systems for threat detection at the team's training facility, Atrium Health Performance Park, in addition to the existing system at Bank of America Stadium.

How many Major League Soccer teams use Evolv Technology for security screening?

Ten Major League Soccer teams opened the 2024 season using Evolv Technology for security screening at home matches, including St. Louis CITY SC, the New England Revolution, and the Columbus Crew.

What technology does Evolv Express (EVLV) use for threat detection?

Evolv Express uses advanced sensor technology combined with artificial intelligence to differentiate between weapons and common metal objects people carry, enhancing security screening efficiency.

Where else is Evolv Technology (EVLV) used besides sports venues?

Evolv Technology is used in various sectors including theme parks, casinos, schools, hospitals, and places of worship, having screened over one billion visitors to date.

Evolv Technologies Holdings, Inc.

NASDAQ:EVLV

EVLV Rankings

EVLV Latest News

EVLV Stock Data

398.60M
157.55M
17.08%
60.56%
9.09%
Security & Protection Services
Computer Peripheral Equipment, Nec
Link
United States of America
HOUSTON