STANLEY Security forms partnership with Evolv Technology
Investment supports company’s commitment to advancing security and safety with industry-leading screening technology
August 4, 2020 By SP&T Staff
STANLEY Security, a global integrator of security solutions, announced its investment in Evolv Technology, a provider in artificial intelligence (AI)-based touchless security screening. This investment — backed by STANLEY Ventures, the venture capital arm of Stanley Black & Decker — forms a strategic partnership between the two companies.
Evolv Express, the company’s touchless security screening system, makes it possible for venues of all kinds to keep visitors safe from concealed weapons, pandemic health threats and intruders. Powered by the Evolv Cortex AI software platform, the system uses proprietary sensors and AI to differentiate weapons from personal items in real-time. Evolv Express keeps high-volume entrances flowing by reliably detecting guns and other weapons as people walk through naturally without emptying their pockets, bags, backpacks or other belongings. The system can screen more than 3,600 people per hour.
“We’re committed to helping organizations create safer, healthier environments for their employees, customers, students and partners, and our investment in Evolv Technology helps us deliver on that commitment,” said STANLEY Security global president Matthew Kushner in a prepared statement. “Evolv’s innovative, touchless security screening solutions are an integral part of the security industry’s future. When paired with data analytics and expertise from STANLEY Security, these solutions will deliver even more value to organizations as they adjust operations and enhance security measures to reopen and stay open safely.”
“We’re proud to partner with STANLEY Security and Stanley Black & Decker to add even more capabilities to our technology and deliver superior value to our customers,” said Evolv technology chief executive officer Peter George. “This strategic partnership leverages both companies’ resources, capabilities, industry expertise and market presence.”
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