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Evolv eXpedite 3.0: Now See What Alerted. Know Where to Search.

  • Evolv Technology (NASDAQ: EVLV) announced the release of Evolv eXpedite™ 3.0, an AI-powered bag screening system update.
  • The new version focuses on three outcomes: Red Box guided search to show operators exactly where to search, improved knife detection with reduced nuisance alerts, & a connected view of people & bag screening data.
  • The Red Box feature highlights the specific area of potential concern in alert images to reduce guesswork during high-pressure searches.
  • Enhanced detection includes five sensitivity levels & refined alerting to lower nuisance alarms from common items like binders while expanding knife detection flexibility.
  • A Hillsboro School District official reported a 50% reduction in alert volume after transitioning to eXpedite 3.0.
  • The system now integrates bag screening data with Evolv Express people scanning results into the MyEvolv portal & Evolv Insights for unified fleet management.
  • The combined Express & eXpedite systems have screened over 39 million bags across schools, hospitals, & entertainment venues since 2019.
  • Evolv's systems have scanned more than 5 billion people total since 2019 & hold U.S. Department of Homeland Security SAFETY Act Designation as Qualified Anti-Terrorism Technology.
  • The press release includes standard forward-looking statements & legal disclaimers regarding potential risks & uncertainties.