The patent recognizes the unique methods Evolv
uses to classify objects
Evolv Technology (NASDAQ: EVLV), a leading security technology
company pioneering AI-based screening to create safer experiences,
was awarded a patent issued by the United States Patent and
Trademark Office (USPTO) that covers the differentiating technology
used in its flagship product, Evolv Express®. Integrated as a
concealed weapons detection layer in a venue’s overall safety plan,
the Evolv Express weapons detection system, is deployed in over a
thousand stadiums, theme parks, schools, hospitals and other public
spaces around the world.
Awarded in several other countries in addition to in the U.S.,
the patent, Personnel Inspection with Threat Detection and
Discrimination (U.S. Patent No. 11,568,734), was granted last year
and applies to the technology that classifies objects as threats or
non-threats using radio frequency (RF) electromagnetic data. The
patent builds on the company’s growing patent portfolio related to
its threat detection technology both in the U.S. and
internationally. The company owns over 30 issued U.S. and foreign
patents and has numerous pending or allowed patent
applications.
“The technology covered by this patent is foundational to Evolv
Express and what we believe sets us apart from other weapons
detection systems,” said Michael Ellenbogen, co-founder and chief
innovation officer at Evolv Technology. “The patent reminds us how
important innovation is to drive advancement in the physical
security industry, which, until Evolv Express, had remained
relatively unchanged over the past 100 years. We plan to continue
creating new solutions for security professionals and venue
operators to help them protect places and people.”
Introduced in 2019, Evolv Express uses advanced sensor
technology and AI to pinpoint and distinguish a wide variety of
potential threats from many common everyday items, such as phones
and keys. Evolv Express is designed to screen visitors effectively
while helping minimize congestion and disruptions to traffic flow
at entry points. When a threat is detected, the connected Evolv
tablet displays an image of the individual who alerted and places a
"Red Box" on the potential threat’s location(s).
In addition to the patented technology, other notable
innovations behind Evolv Express include technology to process RF
electromagnetic data across multiple frequencies to detect size,
composition, and shape of metal objects while in motion, and
technology to process hundreds of thousands of sensor data points
for each individual passing through the system.
Ellenbogen continued: “We believe our growing roster of more
than 800 customers globally is proof of Evolv’s market leadership
and the efficacy of Evolv Express. Our customers’ validation of our
technology is a significant achievement and one that I expect will
accelerate widespread adoption of a dignified and consistent
security screening process.”
Since its debut, Evolv Express has received a number of
accolades including the U.S. Department of Homeland Security (DHS)
SAFETY Act Designation as a Qualified Anti-Terrorism Technology
(QATT). Most recently, it received a Platinum designation in the
Screening Equipment category in Campus Security Today’s Secure
Campus Awards as well as the winner of the 2024 “Best in Sports
Technology” and “Best in Fan Experience Technology” by Sports
Business Journal.
Evolv Express screens more than one million people daily, and
customers are using the system to tag, on average, more than 500
firearms every day. The company has partnered with leading sports
and performing arts venues, theme parks, casinos, schools,
hospitals, and places of worship globally.
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 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 a billion people since
2019. 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®, Evolv
Express®, Evolv Insights®, Evolv Cortex AI®, and Evolv Visual Gun
Detection™ 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, 2023, that was filed with
the SEC on February 29, 2024, as may be updated in other filings we
make with the SEC, including our Quarterly Report on Form 10-Q for
the quarter ended on June 30, 2024 that was filed with the SEC on
August 8, 2024. 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240813580311/en/
Media: Alexandra Smith Ozerkis
aozerkis@evolvtechnology.com
Investor: Brian Norris bnorris@evolvtechnology.com
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