Evolv Technologies Holdings Inc EVLV

Technology Scientific & Technical Instruments

Evolv Technologies Holdings, Inc. is a security technology company. The Company 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 touchless security screening solutions use AI software, software-as-a-service (SaaS) cloud services, and advanced sensors to reliably detect weapons that could be a threat to a crowd of visitors while significantly reducing nuisance alarms from harmless personal items. Its flagship product is Evolv Express, a touchless security screening system designed to detect firearms, improvised explosive devices, and large tactical knives in unstructured people flows. Evolv Express supports a maximum screening throughput of approximately 4,000 people per hour. It sells its solutions under two primary sales models. Evolv Technology, Evolv Express, Evolv Insights, Evolv Cortex AI, and Evolv Visual Gun Detection are its registered trademarks.

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Evolv Technologies Holdings Inc > Evolv Hides Critical Details in NCS4 Results

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Post by Skidaddleon Mar 23, 2022 1:57pm

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Evolv Hides Critical Details in NCS4 Results

By Donald Maye, Published Mar 23, 2022, 10:55am EDT

Evolv is demanding NDAs to see the full NCS⁴report, while NCS⁴ told IPVM Evolv required this claiming confidentiality.

While NCS⁴ released a highly detailed report on PatriotOne, one of Evolv's main competitors, NCS⁴ was required to issue only a limited report on Evolv.

In this report, IPVM shares details about the public and restricted reports, why Evolv claims it took this approach, examines the notable missing details from the public Evolv report, NCS⁴’s response to our questions about the situation, and how this not only damages NCS⁴’s stated transparency aims, but also hurts the public.

https://ipvm.com/reports/evolv-ncs4-hiding?fbclid=IwAR0oaZlw3rrYalZ9770NPU7oO6i7UxKmeV8gG3IJI0nE1xCU73LgrBvr-AI

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