Xtract One Technologies Inc. T.XTRA

Class action treasure trove

[LONG-HAULER]

Just reminiscing. Realize this was shared last year.  IPVM freedom of information documented activity and the pivate doc not initially disclosed. Pretty big deal. 

 

Knife (greater than 5" in length) Requirement:

Evolv Express is capable of detecting knives made of ferrous metals and exceeding 5” in length (no detection rate provided). Outcome: Multiple knives of different types/kinds were processed through at randomized test locations. Some knives alerted at 100%, while others were not detected. The overall detection rate was 58% in 24 walkthroughs. Evaluator Feedback: The technology can detect some knives of various sizes, shapes, and thicknesses at various test locations,  but the system was incapable of detecting every knife on the sensitivity level observed during the exercise. Recommend full transparency to potential customers based on data collected. 1.3

Evaluator 1

On the sensitivity setting exercised (Setting E), knives were not consistently detected

Evaluator 2

Evolv did not reliably detect knives with small or thin blades

https://ipvm.com/reports/ncs4-sponsorships

https://s.ipvm.com/uploads/4906/4024/Private%20Evolv%20Express%20NCS4%20White%20Paper_Evolv%20Release%20copy.pdf

Hapoy to be sitting with the Xtract camp 
Lets go Longs!!

[LONG-HAULER]

Evlv down 20% in 10 days wow. After many announcements and recent earnings over the same period. What's happening, wonder why. Must have something to do with a treasure trove of class action lawsuits in front of them.  Or perhaps SVB lack of funding. Hmmm can't detect knives, who really knows  :)  Enjoy! 

[BocianWaffles]

Imagine not being able to detect knives and calling yourself a weapons detector.

[Boomnbust]

This post has been removed in accordance with Community Policy

[Golden100]

It's like getting a ribbon for participating