New Research: 88% of Americans Are Anxious About Gun Violence; Nearly half of Gun Owners Report Carrying Their Weapons More as a Result

Rhea-AI Summary

Evolv Technology (NASDAQ: EVLV) has released a new survey, Gun Violence in America: A Survey on Americans’ Anxiety, conducted by Equation Research. The survey showcases alarming trends regarding anxiety related to gun violence, with 85% of participants identifying it as a significant problem in the U.S., up from 78% in 2021. Key findings include:

• Over a third now believe they will encounter an active shooter, a rise from 28% in 2021.
• Nearly 30% have considered relocating due to fear of gun violence.
• 47% of gun owners report carrying firearms more often.
• 1 in 5 non-gun owners plan to purchase a gun, citing increased gun violence.

These findings reveal a collective anxiety affecting American behavior, particularly among parents and in public spaces.

Positive

• Survey indicates growing awareness of gun violence, potentially increasing demand for Evolv's security solutions.
• 67% of participants willing to undergo weapons detection screening shows a market for enhanced security technologies.

Negative

• High levels of anxiety may lead to reduced attendance at public events, affecting businesses relying on gatherings.
• Increased gun ownership could lead to more incidents, impacting the overall safety perception and market for security solutions.

The survey, commissioned by Evolv Technology, quantifies Americans’ perceptions of gun violence and its impact on behavior

WALTHAM, Mass.--(BUSINESS WIRE)-- Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced the findings of a study – Gun Violence in America: A Survey on Americans’ Anxiety – it commissioned with market research firm Equation Research that reveals the toll gun violence is taking on Americans. The second-annual report highlights a dramatic increase in anxiety – and changes in behavior as a result – over the past 12 months.

Key findings:

• 85% believe gun violence is a problem in America (vs. 78% in 2021)
• More than one-third believe it is likely they will encounter an active shooter in their lifetime (vs. 28% in 2021)
• Nearly 3 in 10 Americans have thought about moving [from their current home/location] out of fear of gun violence (vs. 12% in 2021)
• 22% believe they are more at risk of encountering an active shooter based on their religious affiliation (vs. 15.3% in 2021)
• Nearly half (47%) of gun owners say they are carrying their guns with them more today due to the increase in gun violence
• 1 in 5 non-gun-owning Americans say they plan to buy a gun; more than half indicating it’s as a result of America’s increase in gun violence

“We believe this research demonstrates that, as Americans, we are all suffering collectively,” said Peter George, CEO, Evolv Technology. “Rather than becoming numb to the rise in gun violence, people are reporting that their anxiety levels are on the rise – and impacting other areas of their lives. It is making them reconsider the way they live their lives. The study shows increases in the number of people who have thought about moving and those who report higher levels of anxiety when they go to the movies and into a grocery store. It’s imperative that we learn from these findings and identify ways to address these rising levels of fear so we can all live, work, learn and play safely – without paralyzing levels of anxiety.”

Anxiety is high among parents

• Following school shootings in Uvalde, Texas (May 2022) and Oxford, Michigan (November 2021), the research reveals that anxiety among people with children is high.
• Half of the households with children have considered homeschooling their children out of fear of gun violence
• 1 out of 2 have purchased, or are considering purchasing, “gun safety” materials, such as bulletproof backpacks
  • Of those, 1 out of 4 did so because their children asked for them
• 3 out of 4 parents indicate that their child(ren) has some anxiety about school shootings
• 54% report their child(ren)’s anxiety has increased since 2020

Large gatherings and bars/night clubs elicit higher anxiety

• The findings highlight that Americans are concerned about the risk of shootings in everyday locations, but for many, some places provoke higher levels of anxiety than others.
• Thirty-seven percent (37%) of Americans list “large gatherings” as the top answer when asked where they have increased anxiety as a result of gun violence and/or terrorist activity (vs. 31% in 2021)
• Americans report increased levels of extreme/moderate anxiety at the following everyday places:
  • Bar/night club: 71% (vs. 68% in 2021)
  • Work: 60% (vs. 53% in 2021)
  • Places of worship: 60% (vs. 58% in 2021)
  • Movie theater: 64% (vs. 61% in 2021)

Americans are willing to do more for safety

The pervasive feeling of anxiety and worry carries over into what Americans are willing to do in order to reduce the threat of a mass shooting. When asked whether they would be willing to go through extra steps [to reduce those threats] at everyday locations, such as the grocery store, workplace or movie theater, they answered:

• Go through weapons detection screening: 67% (vs. 57% in 2021)
• Have bags checked: 59% (vs. 46%)
• Check guns at the door: 48% (vs. 44%)
• Be patted down by a security professional: 46% (vs. 37%)
• Only 12% would not be willing to go through these extra steps (vs. 22% in 2021)
• 3 out of 4 report feeling safer at places that screen for and do not allow weapons inside

George continued: “When we conducted this research last year, we were surprised by the level of anxiety Americans are carrying around as a result of gun violence and the ways that anxiety has impacted behavior. My hope is that by shedding more light on the impact gun violence is having, we can continue finding ways to help Americans feel and be safer as they go about living their lives.”

Click HERE for the full report.

Survey Methodology
Evolv Technology commissioned Equation Research to conduct the survey, which ran from December 7 to December 20 2022. The survey captured responses from a broad distribution of 2,015 adults in the U.S. aged 18 and older.

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 425 million people, second only to the Department of Homeland Security’s Transportation Security Administration (TSA) in the United States. 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 Technology®, Evolv Express®, Evolv Insights®, and Evolv Cortex AI® are registered 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, 2022, that was filed with the SEC on March 24, 2023, as may be updated in other filings we make with 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230412005305/en/

Media:

Alexandra Smith Ozerkis

aozerkis@evolvtechnology.com

Investors:

Brian Norris

bnorris@evolvtechnology.com

Source: Evolv Technology

FAQ

What were the key findings of Evolv Technology's survey on gun violence in America?

Evolv Technology's survey indicated that 85% of Americans view gun violence as a serious issue, with a notable increase in anxiety and behavior changes due to fears of encountering an active shooter.

How does the survey affect stock performance for EVLV?

The survey results highlight a growing market demand for security solutions, which could positively influence EVLV's stock performance as anxiety over gun violence rises.

What percentage of Americans believe they will encounter an active shooter?

According to the survey, over one-third of respondents believe they are likely to encounter an active shooter in their lifetime, a significant increase from 28% in 2021.

How are parents reacting to gun violence according to Evolv Technology's survey?

The survey shows that half of households with children are considering homeschooling, and many are purchasing gun safety materials due to increased anxiety about gun violence.

What measures are Americans willing to take for safety in public places?

67% of Americans surveyed expressed willingness to go through weapons detection screening in common locations like grocery stores and movie theaters.