Evolv technology stops more than 30,000 weapons from entering sites in the first six months of 2022

WALTHAM, Mass.–(BUSINESS WIRE)–Evolve Technology (NASDAQ: EVLV), the leader in AI-based weapon detection security screening, today announced that it has further expanded weapon-free zones, strengthening its market and technology leadership. , as measured by significant growth in new customer adoption, weapons detection and visitor screening.

Evolv is committed to creating gun-free zones around the world. The Evolv Express® system, which uses a powerful combination of artificial intelligence, advanced sensors and comprehensive analytics, screens nearly 750,000 people every day – and up to 1.25 million a day on weekends. Since January 2022, Evolv has detected and prevented more than 30,000 firearms and 27,000 knives, excluding law enforcement, from entering customer sites including schools, performing arts, casinos, stadiums, arenas, hospitals and other workplaces. These figures represent approximately one-third of customers currently identifying threats using Evolv’s analytics platform, called Evolv Insights.

In partnership with customers, Evolv Express® systems have stopped potential mass casualties in areas that were supposed to be weapon free. In the past few months alone, two incidents have occurred where Evolv Express® systems prevented a loaded weapon from entering a hospital and school where, in each case, intent to harm was believed and the law enforcement agencies were engaged.

During the six months ended June 30, 2022, the company 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. Additionally, Evolv has now screened over 350 million people, second only to the US Department of Homeland Security’s Transportation Security Administration (TSA). Evolv has deployed more than 1,100 of its Express systems in iconic locations across North America and the UK as well as in schools, hospitals and public spaces, securing its position as the leading provider of noise detection technology. concealed weapons based on AI used today.

“At Evolv, we believe safety is a fundamental human right,” said Peter George, CEO of Evolv Technology. “More than 350 million people is a milestone in our quest to keep people safe where they gather, as well as keep more than 50,000 weapons from entering the places where they work, learn, play and live. We work in partnership with our customers to create gun-free zones and, we believe, provide peace of mind for visitors and staff as well as the community as a whole.If we can prevent or deter potential loss of life , we are doing our job.”

The Company achieved year-over-year growth in the following metrics during the six months ended June 30, 2022:

  • 152% increase in new customers year over year

  • 366% year-over-year increase in total number of people screened

  • 193% year-over-year increase in the number of Evolv Express units deployed

About Evolv Technology

Evolv Technology (NASDAQ: EVLV) is transforming human security to deliver a safer, faster, and better experience at the world’s most iconic places and businesses, as well as schools, hospitals, and public spaces, using the industry-leading artificial intelligence (AI). weapons detection and analysis. Its mission is to transform safety to create a safer world to live, work, learn and play. Evolv has digitally transformed the gateways to where people gather by enabling seamless integration combined with powerful analytics and insights. Evolv’s advanced systems have scanned over 350 million people, second only to the Transportation Security Administration (TSA) of the Department of Homeland Security in the United States. Evolv has received Security Law Designation from the U.S. Department of Homeland Security (DHS) as a Qualified Counter-Terrorism Technology (QATT) as well as the New Products and Solutions (NPS) Award from the Security Industry Association (SIA) in under the Law Enforcement/Public Security/Protection Systems category. Evolv Technology, Evolv Express®, Evolv Insights™ and Evolv Cortex AI® are either 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 contained 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 United States. Private Securities Act. Litigation Reform Act 1995 that relate to our current expectations and views of future events. In some instances, these forward-looking statements may be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “target”, “estimate”, “intend of’, ‘plans’, ‘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. Further, these forward-looking statements reflect our current beliefs regarding future events or the performance of our company and are not guarantees of future performance. Actual results may differ materially from the information contained in the forward-looking statements due to a number of factors, including, without limitation, the risk factors set forth in our Annual Report on Form 10-K for the fiscal year closed on December 31. , 2021, which was filed with the SEC on March 28, 2022, as may be updated in other documents filed 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 place undue reliance on forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that the future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or occur. Except as required by law, we undertake no obligation to publicly update or revise 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 unforeseen events. events.

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