11:25 AM EDT, 06/29/2026 (MT Newswires) -- Avante ( ALXXF ) on Monday said Target Park Group, a commercial parking operator with over 700 locations across Canada and the US, picked Avante's ( ALXXF ) mobile automated surveillance tower (MAST) platform to deliver real-time security for its above-ground parking portfolio.
MAST is designed for remote and high-risk environments. It is powered by solar energy with generator backup and provides autonomous surveillance and real-time threat detection.
"This agreement with Target Park reflects exactly the kind of partnership MAST was built for. We are not simply providing security, we are laying the groundwork for a smarter, technology-enabled operation. The ability to begin with a security mandate and evolve into automated parking services is a compelling demonstration of MAST's scalability and the recurring value it can deliver to operators like Target Park," chief executive Emmanuel Mounouchos said in a release.
Avante ( ALXXF ) shares were last seen up 23% to $1.58 on the TSX Venture Exchange.
Price: 1.58, Change: +0.30, Percent Change: +23.44