Major sports venues have made big efforts to protect fans by strengthening venue defenses. For example, many have prepared for vehicle-borne, package-borne and person-borne issues, as highlighted by Athletic Business with things such as metal detectors, bag searches, and trained canines, for example. Oriole Park at Camden Yards and M&T Bank Stadium in Baltimore, Maryland are even testing new technology that uses radar imaging and artificial intelligence to detect concealed weapons among attendees. “We believe this emerging threat detection technology could be the future of keeping fans safe at events by detecting weapons in real-time without disrupting pedestrian flow,” said Vernon J. Conaway Jr., the Maryland Stadium Authority’s vice president for public safety and security, as quoted by The Baltimore Sun. As demand for threat detection grows, it’s opening a wide range of opportunity for companies including Patriot One Technologies Inc. (TSX:PAT)(OTCQX:PTOTF), Axon Enterprise Inc. (NASDAQ:AAXN), ShotSpotter Inc. (NASDAQ:SSTI), Cisco Systems Inc. (NASDAQ:CSCO), and Johnson Controls International PLC (NYSE:JCI).
Patriot One Technologies Inc. (TSX:PAT)(OTCQX:PTOTF)BREAKING NEWS: Patriot One Technologies Inc., developer of the PATSCAN™ Multi-Sensor Covert Threat Detection Platform, is pleased to announce a collaboration partnership with Los Angeles Football Club (LAFC), part of Major League Soccer (MLS), to pilot its PATSCAN Platform at Banc of California Stadium. “We are excited to announce this PATSCAN pilot deployment project with another U.S. major sport franchise,” said Martin Cronin, Patriot One CEO and president. “In the New Year, our installation team will begin work with the Los Angeles Football Club and Banc of California Stadium on this important game safety initiative. MLS fans will enjoy an added layer of security while attending their favorite team’s home games in Southern California. Our vision is to not only to create a world safe from acts of violence, but also to help save a way of life people have come to expect in their normal everyday lives, and that includes participating in professional sports and entertainment activities with their fellow fans.”
The PATSCAN Multi-Sensor Covert Threat Detection Platform will ship in January 2020 to the security team at Los Angeles Football Club, where they will be joined by Banc of California Stadium security and Patriot One implementation engineers to begin the integration and pilot deployment project. Specific location of the Platform’s deployment will not be disclosed. “Customer safety is our number one priority at Banc of California Stadium,” said LAFC Vice President of Information Technology Christian Lau. “We are excited to work with Patriot One to give customers an extra layer of security while attending events at our world-class venue in the heart of Los Angeles.” Following the initial pilot deployment of the PATSCAN Platform with LAFC at an undisclosed location within Banc of California Stadium, Patriot One will work with the team and stadium management to broaden deployment throughout the complex.
Other technology-related developments from around the markets include:
Axon Enterprise Inc. (NASDAQ:AAXN) announced that the Corrective Services New South Wales (NSW) is deploying 336 Axon Body 2 cameras backed by the digital evidence management system Axon Evidence. Corrective Services NSW will deploy the technology across maximum and medium security correctional centers, the Security Operations Group, the Extreme High Security Escort Unit and the Court Escort Security Unit. This order was received in the third quarter of 2019 and is shipping now. Corrective Services NSW is deploying Axon technology to officers following a nine-month proof of concept. In addition to Axon's body-worn cameras, the service is issuing more than 600 licenses to officers for Axon's digital evidence management solution, Axon Evidence, on an eight-year contract. Additional body-worn cameras will be deployed throughout the duration of the contract. "Corrective Services NSW's roll out of Axon body cameras and Axon Evidence will provide a transformation in corrections facilities in New South Wales," says Nathan Sawtell, Axon's Managing Director for Asia Pacific. "The Corrective Services NSW team has taken the lead across Australia and done their due diligence on best use cases for body-worn camera usage within corrections facilities and we look forward to partnering with them on this project and future technology projects."
ShotSpotter Inc. (NASDAQ:SSTI) announced that it will host an Investor Day on Tuesday, December 17, 2019 from 1:00 p.m. to 4:30 p.m. Pacific Time at the Company’s headquarters in Newark, California. ShotSpotter’s executive management team will discuss how the Company’s gunshot detection, location and forensic analysis technology is helping to reduce gun violence in over 100 cities. Attendees will also tour ShotSpotter’s Incident Review Center (IRC) and see a demonstration of Missions, which supports precision-oriented policing strategies.
Cisco Systems Inc. (NASDAQ:CSCO) unveiled further details behind its technology strategy for building a new internet — one designed to push digital innovation beyond the performance, economic and power consumption limitations of current infrastructure. A multi-year approach that is defining the Internet for decades to come, Cisco’s strategy is already delivering technology breakthroughs to pave the way for the world’s developers to create applications and services they have only begun to imagine. Cisco introduced its latest innovation including Cisco Silicon One, the industry’s only networking silicon architecture of its kind; released the new Cisco 8000 Series, the world’s most powerful carrier class routers built on the new silicon; and announced new purchasing options that enable customers to consume the company’s technology through disaggregated business models. “Innovation requires focused investment, the right team and a culture that values imagination," said Chuck Robbins, chairman and CEO of Cisco. "We are dedicated to transforming the industry to build a new internet for the 5G era. Our latest solutions in silicon, optics and software represent the continued innovation we're driving that helps our customers stay ahead of the curve and create new, ground-breaking experiences for their customers and end users for decades to come.”
Johnson Controls International PLC’s (NYSE:JCI) board of directors approved a regular quarterly cash dividend of $0.26 per common share payable on Jan. 10, 2020 to shareholders of record at the close of business on Dec.16, 2019.
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