Business
Evolv and Crypto.com Arena Expand Multi-Year Partnership with Evolv Express® Renewal and Addition of Evolv eXpedite™
Expanded Agreement Enhances Fan Entry Experience and Screening Efficiency at one of the World’s Busiest Sports and Live-Entertainment Venues WALTHAM,
About this update from Evolv Technologies Holdings, Inc.
[{"type":"text","content":"\nExpanded Agreement Enhances Fan Entry Experience and Screening Efficiency at one of the World’s Busiest Sports and Live-Entertainment Venues\n\n\n WALTHAM, Mass.--(BUSINESS WIRE)--\nEvolv Technologies Holdings, Inc. (NASDAQ: EVLV), a leading security technology company pioneering AI-based solutions designed to create safer experiences, today announced a multi-year renewal and expansion of its hardware and software subscription agreement with Crypto.com Arena in Los Angeles, CA. The renewal extends the arena’s original 2024 deployment of Evolv Express® and expands the partnership to include Evolv eXpedite™, the company’s autonomous bag-screening system, further strengthening entry operations at the venue.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260414133182/en/Crypto.com Arena Welcomes Visitors with Evolv's Advanced Security Screening\nCrypto.com Arena is part of the L.A. LIVE entertainment district in downtown Los Angeles and is one of the world’s busiest and most successful venues. Owned and operated by AEG, Crypto.com Arena is the home of the Los Angeles Lakers, Los Angeles Kings and Los Angeles Sparks. Additionally, the arena welcomes more than four million guests and hosts over 200 events annually, including professional basketball and hockey games, major concert tours, and globally recognized events such as the GRAMMY Awards.\n\n\nThe facility originally installed Evolv Express® concealed weapons detection systems in 2024. Evolv Express uses advanced sensor technology and AI to detect concealed threats and identify the person and location of the potential threat — while allowing people to move through checkpoints at their natural walking pace. The system is designed to screen visitors effectively while helping minimize congestion and disruptions to traffic flow at entry points. Under the new agreement, brokered by AEG Global Partnerships, Evolv eXpedite will also be deployed at a designated arena entrance where high-clutter bags are prevalent.\n\n\nAdditionally, as part of the renewed agreement, Evolv will continue as the arena’s “Official Fan Screening Partner,” and the two organizations will collaborate on a variety of marketing initiatives.\n\n\n“LA fans tend to arrive late and Evolv allows us to handle that last-minute wave of fans,” noted Ron Lit...