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Stadium Tech Report

December 21st, 2024

Moody Center

News

Madison Square Garden’s investment arm acquires big chunk of security-scanning provider Xtract One

Weapons detection technology provider Xtract One announced a fund-raising agreement with the investment arm of Madison Square Garden Sports Corp. under which MSG Sports may eventually own as much as 28 percent of Xtract One's stock. The two-part deal includes an initial investment of $6.3 million by the venture-funding arm of MSG Sports, with a follow-on investment of $3.7 million...

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Feature

Patriot One changes name to Xtract One, wins new deals

Weapons detection technology provider Patriot One recently changed its name to Xtract One, part of a busy fall that saw the company sign an important agreement with venue owner and operator Oak View Group and several new deals to bring its security scanning devices to venues. The name change, which the company said was due in part to possible objections...

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Editorial

Race is on for walk-through detector market share

Here are some quick snapshots of the leading providers in the new market for walk-through weapons detection systems for stadiums and large public venues. Data in the snapshots is mainly from company interviews and published website information. CEIA Opengate Company: CEIA USA (U.S. subsidiary of Italian parent CEIA, whose initials stand for Costruzioni Elettroniche Industriali Automatism; but everyone calls the...

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