financetom
Business
financetom
/
Business
/
Avante Jumps 23% as Target Park Group Selects Its MAST System to Provide Real-Time Security
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Avante Jumps 23% as Target Park Group Selects Its MAST System to Provide Real-Time Security
Jun 29, 2026 8:43 AM

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

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Samsung Elec set to be hit by major strike on Thursday after talks with union collapse
Samsung Elec set to be hit by major strike on Thursday after talks with union collapse
May 19, 2026
SEJONG, South Korea, May 20 (Reuters) - Samsung Electronics' ( SSNLF ) union plans for 48,000 workers to walk off the job on Thursday after efforts to clinch a deal on bonus payments fell through, threatening the health of South Korea's economy and the global supply of semiconductors. Union leader Choi Seung-ho said that the 18-day strike would go ahead...
China says it will buy 200 Boeing jets, seek extension of US tariff truce
China says it will buy 200 Boeing jets, seek extension of US tariff truce
May 19, 2026
BEIJING, May 20 (Reuters) - China will buy 200 Boeing ( BA ) jets and seek an extension of the trade agreement with the United States reached in Kuala Lumpur last year, the Chinese Commerce Ministry said on Wednesday. The U.S. will provide China with supply guarantees for aircraft engine parts and components under the Boeing ( BA ) deal,...
Analysis-Australia's tax changes will re-wire investors to chase income
Analysis-Australia's tax changes will re-wire investors to chase income
May 19, 2026
SYDNEY, May 20 (Reuters) - Australia's planned tax overhaul is set to reshape the market's investment landscape, with high-dividend blue chips poised to benefit at the expense of growth-oriented stocks, fund managers say. Under reforms unveiled in last week's Budget, the centre-left Labor government will scrap the 50% discount on capital gains for assets held over a year and instead...
China says it will buy 200 Boeing jets, seek extension of US tariff truce
China says it will buy 200 Boeing jets, seek extension of US tariff truce
May 19, 2026
BEIJING, May 20 (Reuters) - China will buy 200 Boeing ( BA ) jets and seek an extension of the trade agreement with the United States reached in Kuala Lumpur last year, the Chinese Commerce Ministry said on Wednesday. The U.S. will provide China with supply guarantees for aircraft engine parts and components under the Boeing ( BA ) deal,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved