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Partnership with Cosm Reinforces Evolv Technology’s Sports Industry Position as Innovation Leader

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Evolv Technology (NASDAQ: EVLV) has announced a partnership with immersive entertainment company Cosm to deploy its AI-based Express® screening systems at Cosm's first two locations in Los Angeles and Dallas metro areas. The partnership, which began in December 2024, aims to provide secure, fast, and convenient entry screening for major events.

Cosm's venues, which offer 'Shared Reality' experiences for sports, art, and entertainment events, selected Evolv's technology to match their advanced technological infrastructure. This expansion strengthens Evolv's presence in both markets, where their Express system is already deployed at major venues including SoFi Stadium, Crypto.com Arena, the Hollywood Bowl, and Honda Center in the Los Angeles area.

Evolv Technology (NASDAQ: EVLV) ha annunciato una collaborazione con la società di intrattenimento immersivo Cosm per implementare i suoi sistemi di screening Express® basati su intelligenza artificiale nelle prime due sedi di Cosm nelle aree metropolitane di Los Angeles e Dallas. La partnership, iniziata nel dicembre 2024, mira a garantire un controllo d’ingresso sicuro, rapido e comodo per eventi di grande rilievo.

Le sedi di Cosm, che offrono esperienze di 'Shared Reality' per eventi sportivi, artistici e di intrattenimento, hanno scelto la tecnologia di Evolv per integrarsi con la loro avanzata infrastruttura tecnologica. Questa espansione rafforza la presenza di Evolv in entrambi i mercati, dove il sistema Express è già utilizzato in importanti location come SoFi Stadium, Crypto.com Arena, Hollywood Bowl e Honda Center nell’area di Los Angeles.

Evolv Technology (NASDAQ: EVLV) ha anunciado una alianza con la empresa de entretenimiento inmersivo Cosm para implementar sus sistemas de detección Express® basados en inteligencia artificial en las dos primeras ubicaciones de Cosm en las áreas metropolitanas de Los Ángeles y Dallas. La asociación, que comenzó en diciembre de 2024, tiene como objetivo ofrecer un control de acceso seguro, rápido y conveniente para eventos importantes.

Los recintos de Cosm, que ofrecen experiencias de 'Shared Reality' para eventos deportivos, artísticos y de entretenimiento, eligieron la tecnología de Evolv para complementar su avanzada infraestructura tecnológica. Esta expansión fortalece la presencia de Evolv en ambos mercados, donde su sistema Express ya está desplegado en lugares destacados como SoFi Stadium, Crypto.com Arena, Hollywood Bowl y Honda Center en el área de Los Ángeles.

Evolv Technology (NASDAQ: EVLV)는 몰입형 엔터테인먼트 기업 Cosm과 협력하여 로스앤젤레스 및 댈러스 메트로 지역에 위치한 Cosm의 첫 두 장소에 AI 기반 Express® 검문 시스템을 도입한다고 발표했습니다. 2024년 12월에 시작된 이 파트너십은 주요 이벤트에 대해 안전하고 빠르며 편리한 입장 검문을 제공하는 것을 목표로 합니다.

스포츠, 예술 및 엔터테인먼트 이벤트를 위한 'Shared Reality' 경험을 제공하는 Cosm의 장소들은 첨단 기술 인프라와 조화를 이루기 위해 Evolv의 기술을 선택했습니다. 이번 확장은 이미 로스앤젤레스 지역의 SoFi 스타디움, Crypto.com 아레나, 할리우드 볼, 혼다 센터 등 주요 장소에 Express 시스템이 배치된 두 시장에서 Evolv의 입지를 강화합니다.

Evolv Technology (NASDAQ : EVLV) a annoncé un partenariat avec la société de divertissement immersif Cosm pour déployer ses systèmes de contrôle Express® basés sur l’IA dans les deux premiers sites de Cosm situés dans les zones métropolitaines de Los Angeles et Dallas. Ce partenariat, lancé en décembre 2024, vise à offrir un contrôle d’accès sécurisé, rapide et pratique lors des grands événements.

Les lieux de Cosm, qui proposent des expériences de « Shared Reality » pour des événements sportifs, artistiques et de divertissement, ont choisi la technologie d’Evolv afin de s’intégrer à leur infrastructure technologique avancée. Cette expansion renforce la présence d’Evolv sur ces deux marchés, où le système Express est déjà déployé dans des sites majeurs tels que le SoFi Stadium, le Crypto.com Arena, le Hollywood Bowl et le Honda Center dans la région de Los Angeles.

Evolv Technology (NASDAQ: EVLV) hat eine Partnerschaft mit dem immersiven Unterhaltungsunternehmen Cosm bekannt gegeben, um seine KI-basierten Express®-Screening-Systeme an den ersten beiden Standorten von Cosm in den Metropolregionen Los Angeles und Dallas einzusetzen. Die Partnerschaft, die im Dezember 2024 begann, zielt darauf ab, eine sichere, schnelle und bequeme Zugangskontrolle für Großveranstaltungen zu bieten.

Die Veranstaltungsorte von Cosm, die „Shared Reality“-Erlebnisse für Sport-, Kunst- und Unterhaltungsveranstaltungen anbieten, haben sich für die Technologie von Evolv entschieden, um ihre fortschrittliche technologische Infrastruktur zu ergänzen. Diese Expansion stärkt die Präsenz von Evolv in beiden Märkten, in denen das Express-System bereits an bedeutenden Veranstaltungsorten wie dem SoFi Stadium, der Crypto.com Arena, dem Hollywood Bowl und dem Honda Center im Großraum Los Angeles im Einsatz ist.

Positive
  • Strategic partnership expands Evolv's market presence in key metropolitan areas
  • Integration into high-profile entertainment venues reinforces market position
  • Deployment at multiple major venues demonstrates strong market adoption
Negative
  • None.

Insights

Evolv's partnership with Cosm represents a strategic win in the venue security space, though likely modest in immediate revenue impact. The deal places Evolv's Express systems in Cosm's innovative immersive entertainment venues in Los Angeles and Dallas, expanding the company's footprint in the sports and entertainment vertical.

The strategic value here exceeds the direct financial impact. By securing placement in Cosm's technology-forward venues, Evolv gains validation from another innovation-focused company, reinforcing its market positioning. This "technology recognizing technology" dynamic strengthens Evolv's credentials when approaching other potential clients.

This partnership builds upon Evolv's existing presence in both metropolitan markets, where they already serve major venues like SoFi Stadium, Crypto.com Arena, and the Hollywood Bowl in LA. The company's growth strategy clearly targets geographic concentration, maximizing operational efficiency while creating regional reference customers.

While Cosm's two venues won't dramatically move the needle for Evolv's $550 million market cap, the deal demonstrates continued commercial execution. For a company focused on AI-powered security screening, each new deployment provides valuable data to enhance their systems while establishing their technology as the emerging standard for venue security.

Evolv brings advanced fan-friendly screening experience to Cosm’s initial sites in Los Angeles and Dallas

WALTHAM, Mass.--(BUSINESS WIRE)-- Evolv Technologies Holdings, Inc. (NASDAQ: EVLV), a leading security technology company pioneering AI-based solutions designed to create safer experiences, today announced that it recently entered a partnership with Cosm, the immersive entertainment company pioneering news ways to experience sports and entertainment content. The partnership brings Evolv’s advanced Express® systems to Cosm’s first two locations, in the Los Angeles and Dallas metro areas. Express will be used to help deliver the secure, fast, and convenient entry screening process at the Cosm sites for major events that patrons would expect at a professional sports stadium or arena.

The partnership kicked off in December 2024.

“Cosm is introducing fans to what we call ‘Shared Reality,’ transporting fans to the best seats in the house for marquee events across sports, art, & entertainment with an immersive experience,” said Corey Breton, Head of Venues Cosm. “We knew that our technologically advanced venues needed entry screening to match, making Evolv the clear choice.”

“It’s especially gratifying to partner with Cosm,” said John Baier, Evolv’s Vice President of Sports. “We at Evolv pride ourselves on our technological innovations, but it is reaffirmed when another clear technology leader validates that belief by selecting Evolv Express for a critical part of their operations. In sports there’s a saying that ‘game recognizes game,’ and we believe this partnership is proof of that.”

The deployments in metro-Los Angeles and Dallas broaden Evolv’s growing sports and entertainment presence in both markets. In greater Los Angeles, Express is also deployed at SoFi Stadium, Crypto.com Arena, the Hollywood Bowl, and the Honda Center in Orange County. Similarly, in the DFW Metroplex, several sports and entertainment facilities join Evolv’s growing customer roster.

About Evolv

Evolv (NASDAQ: EVLV) is designed to transform 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 screening and analytics. Its mission is to transform security to create a safer world to live, work, learn, and play. Evolv has digitally transformed the gateways in many 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, as well as Sport Business Journal’s (SBJ) awards for “Best In Fan Experience Technology” and “Best In Sports Technology”. Evolv®, Evolv Express®, Evolv Insights®, Evolv Visual Gun Detection™, Evolv eXpedite™, and Evolv Eva™ are registered trademarks or trademarks of Evolv Technologies Holdings, Inc. in the United States and other jurisdictions. For more information, visit evolv.com.

Forward-looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend for such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including statements made in the quotes from directors and statements regarding the Company’s execution of its strategy, financial and operational performance and growth and creating value for stakeholders. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results and actions to be materially different from any future results or actions expressed or implied by the forward-looking statements, including, but not limited to, the factors discussed under the caption “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2023 filed with the SEC on February 29, 2024, as any such factors may be updated from time to time in our other filings with the SEC, including the Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, as well as risks related to our leadership transition. The forward-looking statements in this press release are based upon information available to us as of the date hereof, and while we believe such information forms a reasonable basis for such statements, it may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain, and investors are cautioned not to unduly rely upon these statements.

Except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements contained in this press release, whether as a result of any new information, future events or otherwise.

Evolv Media Contact:

Alexandra Smith Ozerkis

aozerkis@evolvtechnology.com

Evolv Investor Contact:

Brian Norris

bnorris@evolvtechnology.com

Source: Evolv Technologies Holdings, Inc.

FAQ

When did Evolv Technology's partnership with Cosm begin?

The partnership between Evolv Technology (EVLV) and Cosm commenced in December 2024.

Where will Evolv's Express screening systems be deployed under the Cosm partnership?

Evolv's Express systems will be deployed at Cosm's first two locations in the Los Angeles and Dallas metropolitan areas.

What other major venues use Evolv's Express system in the Los Angeles area?

In greater Los Angeles, Evolv's Express is deployed at SoFi Stadium, Crypto.com Arena, the Hollywood Bowl, and the Honda Center.

What type of experience does Cosm offer to its customers?

Cosm offers 'Shared Reality' experiences, transporting fans to premium viewing positions for marquee events across sports, art, and entertainment in an immersive setting.
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