Evolv Technology Stops Over 30,000 Guns From Entering Venues In The First Six Months Of 2022
August 11 2022 - 08:00AM
Business Wire
Evolv Scans Over 350 Million People, Continues
to Support and Enforce Weapons-Free Zones
Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons
detection security screening, today announced that it has further
extended weapons-free zones, solidifying its market and technology
leadership as measured by significant growth in new customer
adoption, weapons detection, and visitor screening.
Evolv is committed to creating weapons-free zones across the
world. The Evolv Express® system, which uses a powerful combination
of artificial intelligence, advanced sensors, and comprehensive
analytics, screens nearly 750 thousand people each day– and as many
as 1.25 million a day on weekends. Since January 2022, Evolv has
detected and stopped over 30 thousand guns and 27 thousand knives,
excluding law enforcement, from entering its customers’ venues,
including schools, performing arts centers, casinos, stadiums,
arenas, hospitals and other workplaces. These numbers represent
approximately a third of customers who are currently tagging the
threats by utilizing Evolv’s analytics platform, called Evolv
Insights.
Partnering with customers, Evolv Express® systems have stopped
potential mass casualties in areas that are intended to be
weapons-free. In the past few months alone, two incidents have
taken place where the Evolv Express® systems prevented a loaded gun
from entering a hospital and a school where, in each case, it was
believed there was intent to do harm and law enforcement was
engaged.
In the six months ended June 30, 2022, the Company has added
nearly 100 new customers, including Gillette Stadium, Hard Rock
International, AO Arena, Distrito T-Mobile, Dollywood Theme Park
and Champaign Unit 4 School District. Further, Evolv has now
screened over 350 million people, second only to the U.S.
Department of Homeland Security’s Transportation Security
Administration (TSA). Evolv has deployed over 1,100 of its Express
systems in iconic venues throughout North America and the United
Kingdom as well as in schools, hospitals, and public spaces,
securing its position as the leading provider of AI-based concealed
weapons screening technology in use today.
“At Evolv, we believe that safety is a basic human right,” said
Peter George, CEO of Evolv Technology. “Over 350 million people is
an important step in our quest to keep people safe where they
gather, as is stopping over 50 thousand weapons from entering the
places where they work, learn, play and live. We partner with our
customers to create weapons-free zones and, we believe, provide
peace of mind to visitors and staff as well as to the community at
large. If we can prevent or deter one potential loss of life, we
are doing our job.”
The Company achieved year over year growth in the following
measures during the six months ended June 30, 2022:
- 152% year-over-year increase in new customers
- 366% year-over-year increase in total people screened
- 193% year-over-year increase in Evolv Express units
deployed
About Evolv Technology
Evolv Technology (NASDAQ: EVLV) is transforming human security
to make a safer, faster, and better experience for the world’s most
iconic venues and companies as well as schools, hospitals, and
public spaces, using industry leading artificial intelligence
(AI)-powered weapons detection and analytics. Its mission is to
transform security to create a safer world to live, work, learn,
and play. Evolv has digitally transformed the gateways in places
where people gather by enabling seamless integration combined with
powerful analytics and insights. Evolv’s advanced systems have
scanned more than 350 million people, second only to the Department
of Homeland Security’s Transportation Security Administration (TSA)
in the United States. Evolv has been awarded the U.S. Department of
Homeland Security (DHS) SAFETY Act Designation as a Qualified
Anti-Terrorism Technology (QATT) as well as the Security Industry
Association (SIA) New Products and Solutions (NPS) Award in the Law
Enforcement/Public Safety/Guarding Systems category. Evolv
Technology, Evolv Express®, Evolv Insights™, and Evolv Cortex AI®
are registered trademarks or trademarks of Evolv Technologies, Inc.
in the United States and other jurisdictions. For more information,
visit https://evolvtechnology.com.
Forward-looking Statements
Certain statements in this press release may constitute
“forward-looking” statements and information, within the meaning of
Section 27A of the Securities Act of 1933, Section 21E of the
Securities Exchange Act of 1934, and the safe harbor provisions of
the U.S. Private Securities Litigation Reform Act of 1995 that
relate to our current expectations and views of future events. In
some cases, these forward-looking statements can be identified by
words or phrases such as “may,” “will,” “expect,” “anticipate,”
“aim,” “estimate,” “intend,” “plan,” “believe,” “potential,”
“continue,” “is/are likely to” or other similar expressions. These
forward-looking statements are subject to risks, uncertainties and
assumptions, some of which are beyond our control. In addition,
these forward-looking statements reflect our current views with
respect to future events or our Company’s performance and are not a
guarantee of future performance. Actual outcomes may differ
materially from the information contained in the forward-looking
statements as a result of a number of factors, including, without
limitation, the risk factors set forth in our Annual Report on Form
10-K for the year ended on December 31, 2021, that was filed with
the SEC on March 28, 2022, as may be updated in other filings we
make with the SEC . These statements reflect management’s current
expectations regarding future events and operating performance and
speak only as of the date of this press release. You should not put
undue reliance on any forward-looking statements. Although we
believe that the expectations reflected in the forward-looking
statements are reasonable, we cannot guarantee that future results,
levels of activity, performance and events and circumstances
reflected in the forward-looking statements will be achieved or
will occur. Except as required by law, we undertake no obligation
to update or revise publicly any forward-looking statements,
whether as a result of new information, future events or otherwise,
after the date on which the statements are made or to reflect the
occurrence of unanticipated events.
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version on businesswire.com: https://www.businesswire.com/news/home/20220811005231/en/
Media: Alexandra Smith Ozerkis
aozerkis@evolvtechnology.com
Investor: Brian Norris bnorris@evolvtechnology.com
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