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Bank of America Stadium Readies for 2026 Charlotte FC Season with Renewal of Evolv Express® Subscription, Adds Evolv eXpedite(TM) Bag Screeners

MWN-AI** Summary

Bank of America Stadium in Charlotte, North Carolina, is gearing up for the 2026 season of Charlotte FC as it renews its subscription with Evolv Technologies Holdings, Inc. The multi-year agreement involves upgrading the stadium's existing Evolv Express® concealed weapons screening systems to the latest Gen2 hardware and adding the Evolv eXpedite™ bag screening solutions. Evolv Express®, which was first introduced at the stadium in 2024, utilizes advanced AI-driven sensor technology to enhance security by effectively identifying concealed threats while allowing visitors to pass through checkpoints at their natural walking pace. This technology is aimed at minimizing congestion and improving traffic flow during entry.

The new hardware, expected to be operational before the Charlotte FC’s home opener on March 7, 2026, will significantly bolster the stadium's security capabilities. As stated by Bonnie Almond, Vice President of Venue Operations at Tepper Sports & Entertainment, the updates reflect a commitment to providing a superior guest experience for the millions of fans visiting the stadium annually.

Evolv Technologies, which screens over three million individuals daily across its customer venues, continues to expand its presence in professional sports, now collaborating with 13 professional football teams and 14 in soccer in the U.S. The implementation of Evolv's systems, which have been recognized for their safety technology, aims to make game days safer and more enjoyable for all attendees. With a mission to enhance security and visitor experiences, Evolv remains a leading provider of AI-powered solutions for various organizations, ensuring both safety and efficiency at events hosted at iconic venues.

MWN-AI** Analysis

The recent announcement regarding Bank of America Stadium's renewal of its subscription with Evolv Technologies presents a strategic opportunity for investors interested in the intersection of technology and sports venues. With the stadium set to host Charlotte FC's home opener in March 2026, the upgrade to the latest Gen2 hardware for their Evolv Express® system, alongside the addition of Evolv eXpedite™ bag screeners, underscores a commitment to enhancing security and visitor experience.

Evolv Technologies (NASDAQ: EVLV) is poised to benefit from this multi-year renewal, reinforcing its position in the growing security tech market, especially as the focus on safety in crowded environments heightens. With over three million people screened daily, Evolv’s offerings are relevant not just for sports venues but across various sectors including schools and hospitals. The upgraded technology promises improved efficiency in security checks, a crucial factor for venues hosting large crowds, which could enhance the overall event experience and potentially boost attendance and revenues in the long run.

For investors, this partnership is indicative of a larger trend where technology and safety are becoming paramount in public gatherings, suggesting sustained demand for Evolv's solutions. Moreover, with endorsements from venues such as Bank of America Stadium—home to the Carolina Panthers and Charlotte FC—the company’s credibility is expected to grow, making it a compelling option for investors looking for exposure to innovative security technologies.

As the 2026 MLS season approaches, monitoring Evolv's performance metrics, contract expansions, and customer satisfaction at venues will be critical in gauging the company's growth potential, and thus informing market positioning decisions. A closer look at Evolv’s strategic partnerships and technological advancements will be key in assessing its future market trajectory.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Business Wire

Multi-year renewal updates Evolv Express ® fleet to latest Gen2 hardware with addition of Evolv eXpedite™

Evolv Technologies Holdings, Inc. (NASDAQ: EVLV), a leading security technology company pioneering AI-based solutions designed to create safer experiences, today announced that it has extended and expanded its hardware and software subscription agreement with Bank of America Stadium in Charlotte, North Carolina. The 75,000-seat stadium, which hosts a full annual calendar of Carolina Panthers games, Charlotte FC matches, concerts, and other events, originally deployed the Evolv Express ® concealed weapons screening system in 2024. 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.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260303035437/en/

Bank of America Stadium Readies for 2026 Charlotte FC Season with Evolv Technology

The multi-year renewal announced today upgrades the fleet of nearly twenty Express systems to the latest Gen2 hardware and brings enhanced bag screening capability to the venue with the inclusion of Evolv eXpedite™ systems. eXpedite is Evolv’s autonomous weapons detection solution for bags and is intended as a complement to Express in situations where venue entrants carry high clutter bags. All the new hardware will be deployed in time for Charlotte FC’s home opener on March 7, 2026.

"The Evolv systems have enabled significant improvements in our security screening and guest arrival experience,” said Bonnie Almond, Vice President of Venue Operations at Tepper Sports & Entertainment, the company that owns Bank of America Stadium and the two professional teams that call it home. “After seeing the Gen2 hardware firsthand last summer at international soccer matches in our building, we were pleased to have an opportunity to update our fleet in time for the 2026 MLS season. The update is part of our commitment to deliver a great event experience for the millions of fans that visit Bank of America Stadium each year.”

"We’re very excited to renew our partnership with Bank of America Stadium,” noted John Baier, Evolv Vice President of Sports & Entertainment. “We’re especially pleased to bring eXpedite to the stadium, as an increasing number of our customers see real benefit in pairing Express with eXpedite for an even more efficient entry experience for guests and staff with large bags.”

With this renewal, Evolv’s professional sports customer count stands at 13 in professional football and 14 in professional soccer in the United States. These organizations are among the more than 100 sports and entertainment venues in Evolv's customer roster. Evolv screens over three million people each day to help make experiences safer and more enjoyable.

About Evolv Technology

Evolv (NASDAQ: EVLV) is designed to transform human security by helping organizations detect potential threats, mitigate risk, and enhance safety using AI-powered security solutions with robust insights. Our technology has helped to create efficient and positive security screening experiences for the world’s most iconic venues and companies as well as schools, hospitals, and public spaces. Evolv’s mission is to create a safer world to live, work, learn, and play. Evolv’s advanced systems have scanned more than 3 billion people since 2019. Evolv Express ® has been awarded the U.S. Department of Homeland Security (DHS) SAFETY Act Designation as a Qualified Anti-Terrorism Technology (QATT) and Evolv eXpedite™ has been awarded the Safety Act Developmental Testing and Evaluation Designation. Evolv and its products have been awarded numerous awards which can be viewed on our Certifications and Awards web page. Evolv ® , Evolv Express ® , Evolv Insights ® , Evolv Visual Gun Detection™, Evolv eXpedite™, and Evolv Eva™ are registered trademarks or trademarks of Evolv Technologies, 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. Evolv Technology intends 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 in this press release, other than that are historical facts, are statements that could be deemed forward-looking statements, including statements made by the President and Chief Executive Officer, as well as statements regarding the Company’s strategy, financial and operational performance and growth, and efforts to create value for stakeholders. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause 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, 2024 filed with the SEC on April 28, 2025 , as well as any such factors that may be updated from time to time in our other filings with the SEC. 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 document, whether as a result of any new information, future events or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260303035437/en/

Evolv Media Contact
Alexandra Smith Ozerkis aozerkis@evolvtechnology.com

Evolv Investor Contact
Brian Norris bnorris@evolvtechnology.com

FAQ**

How does Evolv Technologies Holdings Inc. (NASDAQ: EVLV) plan to leverage the enhanced capabilities of the Gen2 hardware and Evolv eXpedite™ system to attract more professional sports venues for partnerships?

Evolv Technologies Holdings Inc. plans to leverage the enhanced capabilities of the Gen2 hardware and Evolv eXpedite™ system by demonstrating improved security efficiency and fan experience, aiming to attract more professional sports venues for partnerships that prioritize safety and convenience.

Sure, please provide the question you'd like me to answer in one sentence.

2. What financial metrics or indicators should investors monitor to assess the impact of the multi-year renewal with Bank of America Stadium on Evolv Technologies Holdings Inc. (EVLV) revenue?

Investors should monitor revenue growth, profitability margins, contract renewal terms, customer acquisition costs, retention rates, operational efficiency, and market share within the sports and entertainment technology sector to assess Evolv Technologies' revenue impact from the Bank of America Stadium renewal.

3. Can Evolv Technologies Holdings Inc. (NASDAQ: EVLV) discuss any upcoming innovations in AI-based security technology that may further differentiate their offerings in the competitive security market?

As of October 2023, Evolv Technologies has not publicly disclosed specific upcoming innovations in AI-based security technology, but they continue to focus on enhancing their offerings to differentiate themselves in the competitive security market.

4. How does the partnership with Bank of America Stadium align with the strategic growth goals of Evolv Technologies Holdings Inc. (EVLV) and its mission for enhanced safety solutions?

The partnership with Bank of America Stadium aligns with Evolv Technologies Holdings Inc.'s strategic growth goals by showcasing its cutting-edge safety solutions in high-traffic venues, enhancing public safety, and expanding market reach in the stadium and events sector.

**MWN-AI FAQ is based on asking OpenAI questions about Evolv Technologies Holdings Inc. (NASDAQ: EVLV).

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