Avante partners with Target Park to deploy MAST units across Canada and US

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Key Highlights

Avante Corp. partners with Target Park Group Inc. to deploy MAST units across 700+ parking locations in Canada and the US, starting with 24/7 security and evolving into automated parking services to drive recurring revenue.

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Avante Corp. has entered into a partnership agreement with Target Park Group Inc. to deploy its Mobile Automated Surveillance Tower (MAST) units across above-ground parking facilities in Canada and the United States. The collaboration aims to address safety challenges in open-air parking environments while establishing a foundation for future automated services. This deployment is expected to enhance Avante's recurring revenue base and demonstrate the scalability of its MAST platform beyond traditional security applications.

Partnership Overview

Under the terms of the agreement, Avante will deploy MAST towers across select Target Park locations, providing 24/7 surveillance. The MAST units are designed for remote and high-risk environments where fixed infrastructure is impractical. Powered by solar energy with generator backup and operating on cellular connectivity, the towers require no local power or network connections. They integrate Avante’s HALO technology to deliver autonomous surveillance and real-time threat detection.

Technology and Operations

The engagement is structured with a forward-looking technology roadmap. In the initial phase, MAST will serve as the primary security layer, utilizing AI-powered surveillance capabilities with human-verified monitoring through Avante's Control Centre. This setup is intended to provide Target Park with proactive threat detection and rapid incident response. As the deployment matures, the HALO infrastructure will be leveraged to enable automated parking services, including vehicle identification, real-time lot monitoring, and streamlined customer access.

Strategic Impact

Target Park operates over 700 parking locations across Canada and the United States. The partnership allows the operator to elevate safety and security immediately while setting the stage for future innovation. By leveraging the same platform for automated parking capabilities, Target Park aims to enhance operational efficiency without incremental hardware investment, making its facilities smarter and more accessible over time.

Key Feature Description
Deployment Select above-ground lots in Canada and the United States
Surveillance 24/7 AI-powered with human-verified monitoring
Power Source Solar energy with generator backup
Connectivity Cellular, no local network required
Future Services Vehicle identification, real-time monitoring, customer access

Emmanuel Mounouchos, Founder, Chief Executive Officer and Board Chair of Avante, stated that the agreement reflects the kind of partnership MAST was built for. He emphasized that the company is laying the groundwork for a smarter, technology-enabled operation, demonstrating MAST's scalability and the recurring value it can deliver to operators. Chris Sakkas, Chief Operating Officer of Target Park, added that the deployment allows for an immediate elevation of safety while positioning the portfolio for future operational enhancements.

What is the projected timeline for expanding MAST deployments from select locations to the full portfolio of 700+ Target Park sites?

How will the transition from security surveillance to automated parking services affect Avante's revenue model and profit margins?

Could this partnership pave the way for similar agreements with other large-scale parking operators in North America?

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