The STA Group Access Innovation Newsletter - March 2
The STA Group
Shaping the future of sports by bringing together the brightest minds in science, engineering, design, and technology.
Tottenham Hotspur and F1 Partner for World’s First In-Stadium Electric Karting Facility
Tottenham Hotspur Football Club have announced a 15-year strategic partnership with Formula 1 which will see a karting track built under their stadium. The electric karting circuit, believed to be the world’s first in-stadium electric karting facility, will open in Autumn 2023. F1 president Stefano Domenicali said the partnership would help to open motorsport to new and diverse audiences.
IOC Announces Olympic Esports Series
The International Olympic Committee – IOC has officially launched its Olympic Esports Series 2023 with an invitation to gamers across the world to take part in qualification events. The first "featured” Games have been announced with be archery, baseball, chess, cycling, dance, motorsport, sailing, taekwondo, and tennis joining the programme for the event set to take place between June 22 and 25.
Polar Makes its Algorithms Available for Partners
Polar Electro Oy , has announced what is being billed as an ‘industry-first move’ to offer its algorithms and software solutions to select partners, starting with a new collaboration with watchmaker Casio. The new ‘Powered by Polar’ offering comprises 25 algorithms for commercial partners to choose from covering sleep, training, wellness, activity, performance, and recovery. This means partners can expand their offering, bypassing years of required investment in research, science, and testing with an out-of-the-box solution from Polar.
Meta Quest 3: New Headset to be Two Times Thinner and Twice as Powerful as Predecessor
Meta’s flagship Quest 3 VR headset launching later this year will be two times thinner, at least twice as powerful, and cost slightly more?than the $400 Quest 2, according to information obtained by The Verge. Meanwhile, Meta’s first pair of full-fledged AR glasses, which CEO Mark Zuckerberg has?predicted will eventually be as widely used as mobile phones, are planned for release in 2027.
FC Barcelona to Invest in Sports Tech Startups
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Spanish soccer giants Barcelona plan to invest in technology startups through their Barcelona Innovation Hub (BIHUB) initiative. Barca say the startup portfolio will place the club at the cutting edge of sports technology, while giving the companies involved a high-profile platform for growth.The first two investments are in accessibility startup Visualfy, which develops technology to help people with learning disabilities attend sporting events, and wearable data analytics firm Oliver, which focuses on amateur and regional teams.
AI Startups Headline NBC SportsTech Accelerator’s 2023 Class
Ten new startups have been admitted into the Comcast NBCUniversal SportsTech accelerator, providing the early-stage companies with resources to develop their ideas and work with the media conglomerate’s broadcast operations and rights holders. The class of 2023 includes companies from five countries and covers various segments of sports technology, including artificial intelligence (AI), fan engagement, media, and in-stadium.
Tennis Talent Funds Career via Blockchain-Based Tokenization Platform
A young tennis professional has raised $50k from sports fans via FANtium , a sports asset tokenization platform that enables fans to invest in athletes. Felix Mischker, an upcoming tennis talent from the UK, has ultilized the blockchain-based platform to tokenize a share of his future earnings, providing fans with a payout of their ownership stake in future tournament prize money. FANtium is backed by prominent web3 business angels and well-known sports including Austrian tennis professional Dominic Thiem.
STH Group Launches Group-Wide Social Impact Strategy
The STH Group - a provider of travel, hospitality and customer experiences for global sporting events - has launched a new Social Impact Strategy that it says will “set new standards” for the sports hospitality industry. Supporting the principles of the United Nations Sustainability Goals and underpinned by a long-term aim to reduce the Group’s carbon impact to Net Zero by 2040, the plan outlines key commitments the company is making across four distinctive pathways: Planet, People, Places and Partners.
The STA Group?is always on the lookout for interesting insights and stories for the Access Innovation bi-weekly Newsletter. If you have a sports technology-related announcement, and you want it?to be seen by?thousands of executives in the sports tech arena,?please send to us at:?[email protected].
The STA Group is a multifaceted sports technology business, operating at the heart of sport globally. Sign up for the full edition of the bi-weekly Access Innovation newsletter here:?sportstechgroup.org.