Daktronics and Grass Valley Announce Strategic Partnership to Deliver End-to-End Venue Solutions

Strategic Alliance Combines Daktronics’ LED Display and Content Management System Expertise with Grass Valley’s Live Production Technology to Transform Fan Experiences at Premier Venues

BROOKINGS, S.D. – July 10, 2025 – Grass Valley and Daktronics (NASDAQ-DAKT) today announced a strategic technology partnership that unites Grass Valley’s live production expertise with Daktronics’ leadership in large-scale LED displays. Together, they deliver fully integrated, end-to-end solutions that enhance content creation, production efficiency, and real-time presentation for sports and entertainment venues. The collaboration underscores both companies’ shared commitment to innovation, offering venue solutions that adapt to the evolving needs of modern sports and entertainment, setting a new industry standard for immersive fan experiences and scalable infrastructure.

“This partnership with Grass Valley represents a powerful alignment of complementary technologies,” said Brad Wiemann, Interim CEO and President of Daktronics. “Together, we’re helping venues deliver fully immersive, end-to-end experiences that transform how fans engage with live events.”

“Joining forces with Daktronics allows us to push the boundaries of what’s possible in live production and venue presentation,” said Jon Wilson, CEO of Grass Valley. “With two of the industry’s leading brands, we’re excited about what this means for the future of integrated, scalable solutions in the world’s top venues."

Several joint projects are already underway, applying the technical integration of Daktronics’ display and Show Control + Camino with Grass Valley’s IP-based live production tools. These initiatives are leveraging the combined strengths of both companies to deliver seamless, end-to-end solutions that elevate the fan experience and streamline production workflows. Details of these innovative deployments will be unveiled in the coming months.

Daktronics and Grass Valley will be showcasing this partnership at the upcoming IDEA Conference, taking place in Boston from July 13 to 16, 2025.

About Grass Valley

Grass Valley empowers over 90% of the world’s top media brands to create and deliver compelling stories that captivate audiences. At the heart of its solutions is the GV Media Universe (GVMU), combining advanced hardware solutions, with the agility, elasticity, and adaptability of the AMPP Media Operating System. Together, they form a seamless, scalable ecosystem for efficient and innovative workflows.

With a portfolio spanning from camera to consumer, Grass Valley provides the flexibility to build solutions for every need – from a single creative harnessing immense production power to globally distributed teams collaborating seamlessly. This breadth of capability enables customers to craft efficient workflows that inspire and engage their audiences.

With over 65 years of expertise, Grass Valley has consistently driven the evolution of live content creation and storytelling. Headquartered in Montreal and supported by Black Dragon Capital, the company remains dedicated to shaping and leading the media revolution.

Learn more at www.grassvalley.com

About Daktronics

Daktronics helps its customers to impact their audiences throughout the world with large-format LED video displays, message displays, scoreboards, digital billboards, audio systems and control systems in sport, business and transportation applications. Founded in 1968 as a USA-based manufacturing company, Daktronics has grown into the world leader in audiovisual systems and implementation with offices around the globe. Discover more at www.daktronics.com.

Safe Harbor Statement

Cautionary Notice: In addition to statements of historical fact, this news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and is intended to enjoy the protection of that Act. These forward-looking statements reflect the Company's expectations or beliefs concerning future events. The Company cautions that these and similar statements involve risk and uncertainties which could cause actual results to differ materially from our expectations, including, but not limited to, changes in economic and market conditions, management of growth, timing and magnitude of future contracts and orders, fluctuations in margins, the introduction of new products and technology, the impact of adverse weather conditions, increased regulation and other risks described in the company's SEC filings, including its Annual Report on Form 10-K for its 2024 fiscal year. Forward-looking statements are made in the context of information available as of the date stated. The Company undertakes no obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur.

MEDIA RELATIONS
Justin Ochsner
Daktronics Public Relations/Marketing
Tel 605-692-0200
Email justin.ochsner@daktronics.com

Bénédicte Fauveau
Grass Valley
Email: benedicte.fauveau@grassvalley.com