STOCK TITAN

Evolv Technology Partnership Enables Tennessee Titans to Provide a More Seamless, Enjoyable and Safe Fan Experience

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
partnership
Rhea-AI Summary

Evolv Technology (NASDAQ: EVLV) has partnered with the Tennessee Titans to enhance fan experiences at Nissan Stadium through its innovative Evolv Express® screening system. This AI-based technology allows seamless entry without fans needing to remove items from bags or pockets, significantly improving security efficiency by reducing the required personnel by 66%. The introduction of Evolv Insights™ 1.3 further enables better predictions of entry throughput, aiming to enhance safety and convenience during events. The cooperation underscores Evolv’s commitment to merging safety with an enjoyable fan experience.

Positive
  • Partnership with Tennessee Titans enhances fan experience at Nissan Stadium.
  • Evolv Express® allows for seamless entry, eliminating the need to remove items from bags or pockets.
  • 66% reduction in required security personnel, reallocating staff for enhanced security throughout the stadium.
  • Introduction of Evolv Insights™ 1.3 improves predictive capabilities for entry throughput.
Negative
  • None.

Fans Arriving at Nissan Stadium Walk Through Evolv Express® Screening Systems, No Longer Having to Remove Items from Bags or Pockets

WALTHAM, Mass.--(BUSINESS WIRE)-- Evolv Technology (NASDAQ: EVLV), the leader in weapons detection security screening, today announced a partnership with the Tennessee Titans to provide a more enjoyable, frictionless, and safe experience for fans. The National Football League (NFL) team is using the company’s AI-based weapons detection screening system, Evolv Express, to screen fans as they arrive at the stadium for games and events, without requiring them to stop or remove items from their pockets or policy-compliant bags.

The Tennessee Titans welcomed fans back to Nissan Stadium at full capacity this September, with safety, security, and premier experience a top priority for the team.

“Gate entry is our first opportunity to impact the fan experience at Nissan Stadium – it sets the tone for the remainder of the visit,” said David Haywood, the guest safety director for the Tennessee Titans. “For us, it was vitally important to find a way to allow for fast, convenient entry while prioritizing safety and security. When we sat down as a team and reviewed Evolv’s systems and the experience they have enabled at stadiums and venues across the country, we knew they would be a great partner for us, and we’ve seen marked improvements in our entry process since.”

Evolv Express® uses powerful sensor technology with proven artificial intelligence (AI) to provide safer, more accurate threat detection at unprecedented volumes and speed of entry. Earlier this month, the introduction of Evolv Insights™ 1.3 ushered in a new chapter of Evolv’s quest to expedite its customers’ venues digital transformation and post Covid-19 fan requirements. An industry first, security staff can use historical screening data to make predictions about throughput with the goal of improving the fan experience while making the stadium more secure.

Prior to installing Evolv, walk-through magnetometers and hand-held wands required 280 security personnel to work the gates. Since implementing Evolv Express, the team has reduced the number of security personnel needed at the gates by 66%, freeing them up to provide critical security monitoring outside – and throughout – the stadium. The speed of entry is equally impressive.

“Organizations like the Tennessee Titans are recognizing that fans should not have to sacrifice experience for safety,” said Peter George, CEO, Evolv Technology. “Finally, NFL fans are able to gather back together after a year of capacity limitations, isolation and health concerns – and they should be able to enjoy doing so safely, from the moment they arrive at the stadium until the clock ticks down.”

Evolv’s innovative security screening technology has been used to enhance safety at a number of major sporting events in 2021, including the U.S. Open Golf Championship, and it is part of the state-of-the-art fan experience at Lower.com Field, the brand-new home of the Columbus Crew in Major League Soccer.

In addition to the Tennessee Titans, Nissan Stadium is home to Tennessee State University football, college football’s Music City Bowl, MLS’ Nashville Soccer Club and hosts major concerts and other sporting events, including the WWE Summer Slam in July 2022.

About Evolv Technology

Evolv Technology (NASDAQ: EVLV) is a leader in weapons detection for security screening, securing the world’s most iconic venues and companies. Its mission is enabling a better experience and better security for venues, creating a safer world to work, learn, and play by transforming physical security to make everywhere safer. It gives sports fans, theme park visitors, concertgoers, shoppers, employees, students, and others peace of mind so that they can gather without fear of violence. Its security screening has scanned more than 100 million people, second only to the Department of Homeland Security’s Transportation Security Administration (TSA) in the United States, and its technology combines powerful, advanced sensors with proven artificial intelligence (AI), security ecosystem integrations, and comprehensive venue analytics to reliably detect threats 10 times faster than traditional metal detectors.

Evolv Technology, Evolv Express®, Evolv Insights™, and Evolv Cortex AI™ 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 proxy statement/prospectus, filed with the Securities and Exchange Commission on June 28, 2021, and other documents filed with or furnished to the SEC. 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.

Media:

Fitzgerald Barth

fbarth@evolvtechnology.com



Investor:

Brian Norris

bnorris@evolvtechnology.com

Source: Evolv Technology

FAQ

What is Evolv Technology's stock symbol?

Evolv Technology's stock symbol is EVLV.

What partnership did Evolv Technology announce recently?

Evolv Technology announced a partnership with the Tennessee Titans to provide security screening at Nissan Stadium.

How does Evolv Express® improve fan entry at Nissan Stadium?

Evolv Express® allows fans to enter without removing items from bags or pockets, speeding up the entry process.

What percentage of security personnel reduction did Evolv's system achieve?

Evolv's system reduced the number of security personnel needed at the gates by 66%.

What benefits does Evolv Insights™ 1.3 provide?

Evolv Insights™ 1.3 enhances the ability to predict entry throughput, improving fan experience and safety.

Evolv Technologies Holdings, Inc.

NASDAQ:EVLV

EVLV Rankings

EVLV Latest News

EVLV Stock Data

420.66M
130.33M
17.08%
61.48%
8.69%
Security & Protection Services
Computer Peripheral Equipment, Nec
Link
United States of America
HOUSTON