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Belmont Becomes First Tennessee University To Partner With Evolv Technology
Rhea-AI Impact
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Rhea-AI Summary
Evolv Technology, a leading security company, partners with Belmont University in Tennessee to provide AI-based screening for weapons detection at its Curb Event Center Arena. The partnership aims to enhance safety and guest experience at the university's multipurpose arena, joining other notable Nashville venues using Evolv's technology.
Positive
Partnership with Belmont University showcases Evolv's expanding presence in educational institutions.
Evolv's AI-based screening technology enhances safety and guest experience at venues like the Curb Event Center Arena.
Growing list of performing arts, sports, and entertainment venues in Nashville utilize Evolv's technology to elevate safety standards.
Evolv's widespread adoption in major cities like Nashville reflects a trend towards advanced security solutions.
Negative
Potential concerns about privacy implications of AI-based screening technology used by Evolv.
Competition in the security screening market may lead to pricing pressures for Evolv.
Fellow notable Nashville customers include Nissan Stadium, Bridgestone Arena, Nashville Soccer Club and Opry Entertainment Group
WALTHAM, Mass.--(BUSINESS WIRE)--
Evolv Technology (NASDAQ: EVLV), the leading security technology company pioneering AI-based screening to create safer experiences, today announced its partnership with Belmont University. Located in Nashville, Tennessee, the university began using Evolv Express® for weapons detection at its Curb Event Center Arena late last year.
Evolv Express uses sensor technology combined with artificial intelligence to differentiate between threats and the kinds of common metal objects people carry. The multipurpose arena, which can accommodate 5,000 seated guests, uses Express systems to screen guests attending basketball and volleyball games, concerts and other activities.
“Venue management professionals are a tight-knit community, and we share what works and what doesn’t with one another,” said Andrea Runner, senior director of business operations and special projects at Belmont University. “There’s a buzz about Evolv across the city, and as Nashvillians, we’ve experienced Evolv first-hand at a number of venues locally. We needed our weapons detection partner to be on par with the university in terms of being innovative while also providing a seamless customer experience, and Express fits the bill.”
While Belmont is the first university in the state – and city of Nashville – to use Express, many school districts in Tennessee partner with Evolv. Nationally, the company’s solutions are in more than 800 school buildings and screen roughly 600,000 students daily.
“Nashville is an example of a city – similar to a number of other major metros like Boston, Denver and Houston – where Evolv is now an expectation because it’s used so widely,” said Jay Muelhoefer, chief commercial officer for Evolv Technology. “Belmont is an exemplary educational institution, and now, it’s leading the way for other centers of higher education in using the best available technology to protect students, faculty, staff and other guests.”
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 screening 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, as well as Sport Business Journal’s (SBJ) awards for “Best In Fan Experience Technology” and “Best In Sports Technology”. Evolv Technology®, 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 September 30, 2023 that was filed with the SEC on November 9, 2023. 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.
