Evolv Technologies Holdings
Open
$7.23
Prev. Close
$7.24
High
$7.23
Low
$7.23
Market Snapshot
$1.23B
-37.0
-0.33
$104.18M
286
Evolv Technologies Holdings, Inc. engages in the manufacture and development of security screening products. The company is headquartered in Waltham, Massachusetts and currently employs 286 full-time employees. The company went IPO on 2020-02-29. The firm is developing artificial intelligence (AI)-based weapons detection to create safer experiences for venues and companies as well as schools, hospitals, and public spaces. Its solutions combine proprietary software and hardware, delivered as a long-term Security-as-a-Service (SaaS) subscription model and are designed to enhance security and improve the visitor experience. The firm offers two core solutions: Evolv Express and Evolv eXpedite, designed to efficiently screen high volumes of people and bags for concealed threats. Its flagship product, Evolv Express, uses advanced sensors, AI-powered software, and cloud services to not only consistently detect firearms, improvised explosives, and certain types of knives and distinguish them from many harmless items, such as cell phones and keys. In addition to screening capabilities, its solution includes Evolv Insights, a software analytics dashboard.
Evolv Technologies Holdings partnered with the University of Washington to improve campus security, resulting in a 16.2% increase in its share price.
Evolv Technologies Holdings, Inc. engages in the manufacture and development of security screening products. The company is headquartered in Waltham, Massachusetts and currently employs 286 full-time employees. The company went IPO on 2020-02-29. The firm is developing artificial intelligence (AI)-based weapons detection to create safer experiences for venues and companies as well as schools, hospitals, and public spaces. Its solutions combine proprietary software and hardware, delivered as a long-term Security-as-a-Service (SaaS) subscription model and are designed to enhance security and improve the visitor experience. The firm offers two core solutions: Evolv Express and Evolv eXpedite, designed to efficiently screen high volumes of people and bags for concealed threats. Its flagship product, Evolv Express, uses advanced sensors, AI-powered software, and cloud services to not only consistently detect firearms, improvised explosives, and certain types of knives and distinguish them from many harmless items, such as cell phones and keys. In addition to screening capabilities, its solution includes Evolv Insights, a software analytics dashboard.
Recently from Cashu
Evolv Technologies: Strengthening Compliance While Advancing AI-Driven Security Solutions
Evolv Technologies Enhances Security Compliance While Pioneering Safety Solutions Evolv Technologies Holdings, Inc., a leader in AI-driven security technology, is working to ensure compliance with Nas…
Evolv Technologies Enhances Compliance and Innovation in AI-Powered Security Solutions
Evolv Technologies Strengthens Compliance Efforts Amid Expanding Security Innovations Evolv Technologies Holdings, Inc., a leader in AI-powered security technology, is currently navigating a critical…
Evolv Technologies Appoints New Chief Revenue Officer to Boost AI Security Growth
Evolv Technologies Welcomes New Chief Revenue Officer to Drive Growth in AI Security Solutions Evolv Technologies Holdings, Inc., a leader in AI-driven security solutions, announces the appointment of…
Evolv Technologies Holdings Expands AI Security Solutions Across Multiple Sectors
Evolv Technologies Advances AI Security Solutions in Diverse Sectors Evolv Technologies Holdings emphasizes its growth trajectory within the AI-based security landscape, showcasing its commitment to e…