Evolv Express® nears 5B people screened; Evolv eXpedite® surpasses 20 million bags

WALTHAM, Mass.: Evolv Technology (NASDAQ: EVLV), a leading security technology company pioneering AI-powered solutions designed to create safer experiences, today highlighted continued momentum for AI weapons detection in the public safety market driven by broad customer adoption, product portfolio expansion, and growing demand for integrated security solutions.

"Evolv's momentum, as demonstrated in our second quarter earnings report, reflects a simple reality: organizations are looking for security solutions that enhance public safety without compromising the experience," said John Kedzierski, President and Chief Executive Officer of Evolv Technology. "We continue to see strong adoption from both new and existing customers as they increasingly view Evolv as a strategic security platform capable of addressing multiple screening needs across their facilities."

Expanding Reach Across North America

Evolv now serves customers in all 50 U.S. states, as well as across Canada and Mexico, demonstrating the broad applicability of its technology across industries, geographies, and use cases.

Today, Evolv Express screens nearly 5 million people each day, underscoring the growing scale and reach of the company's security systems.

During the second quarter of 2026, Evolv added 70 new customers, representing its strongest quarter for new customer additions in two years. Examples of new customers include the new Ryan Field at Northwestern University, pro soccer team Philadelphia Union, and The University of Washington. During the second quarter of 2026, approximately 60% of unit bookings came from existing customers, highlighting the Company's ability to both attract new organizations and deepen relationships with its installed base.

Evolv eXpedite™ Gains Momentum as a Security Ecosystem Extension

Evolv's autonomous AI-powered bag screening solution, eXpedite, continues to gain traction among customers seeking to improve security screening while maintaining efficient entry flows.

Organizations are increasingly looking to integrate bag screening into a unified security workflow, and eXpedite is designed to work alongside Evolv's broader screening ecosystem.

The Company now has more than 100 eXpedite customers, representing approximately 8% of its customer base, up from approximately 2% one year ago.

Notably, approximately 70% of new customers who purchased eXpedite during the second quarter of 2026 also purchased Evolv Express®, the Company’s people screener, demonstrating the complementary nature of Evolv’s solutions and the growing appeal of a unified platform approach.

In addition, more than 40 existing Evolv Express customers have added eXpedite to their operations, further validating the opportunity to expand customer relationships through additional products and capabilities.

Since launching at the end of 2024, customers have screened more than 20 million bags using eXpedite and now process approximately 90,000 bags per day through the platform.

Building a Security Infrastructure for the Future

As customer adoption continues to expand across education, healthcare, venues, entertainment, and enterprise environments, Evolv believes AI weapons detection is one of the fastest growing markets in public safety and the market opportunity increasingly extends beyond standalone screening products.

Organizations are seeking integrated approaches that help manage multiple security workflows while preserving visitor throughput and experience. The Company's expanding product portfolio, growing installed base, and increasing cross-sell activity position Evolv to support those evolving requirements.

"Our results reflect the power of an integrated strategy," said Kedzierski. "Whether customers begin with people screening, bag screening, or both, we're increasingly becoming a trusted long-term partner in helping them create safer experiences at scale."

About Evolv Technology

Evolv (NASDAQ: EVLV) is designed to transform human security by helping organizations detect potential threats, mitigate risk, and enhance safety using AI-powered security solutions with robust insights. Our technology has helped to create efficient and positive security screening experiences for the world’s most iconic venues and companies as well as schools, hospitals, and public spaces. Evolv’s mission is to create a safer world to live, work, learn, and play. Evolv’s advanced systems have scanned more than 4.5 billion people since 2019. Evolv Express® and Evolv eXpedite™ have been awarded the U.S. Department of Homeland Security (DHS) SAFETY Act Designation as a Qualified Anti-Terrorism Technology (QATT). Evolv and its products have been awarded numerous awards which can be viewed on our Certifications and Awards web page. Evolv®, Evolv Express®, Evolv Insights®, and Evolv eXpedite™ are registered trademarks or trademarks of Evolv Technologies, Inc. in the United States and other jurisdictions. For more information, visit evolv.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Evolv Technology intends for such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All statements in this press release, other than that are historical facts, are statements that could be deemed forward-looking statements, as well as statements regarding the Company’s strategy, financial and operational performance and growth, and efforts to create value for stakeholders. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause actual results and actions to be materially different from any future results or actions expressed or implied by the forward-looking statements, including, but not limited to, the factors discussed under the caption “Risk Factors” in our Annual Report on Form 10K for the year ended December 31, 2025, filed with the Securities and Exchange Commission on March 10, 2026, as well as any such factors that may be updated from time to time in our other filings with the SEC. The forward-looking statements in this press release are based upon information available to us as of the date hereof, and while we believe such information forms a reasonable basis for such statements, it may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain, and investors are cautioned not to unduly rely upon these statements.

Except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements contained in this document, whether as a result of any new information, future events or otherwise.

Fonte: Business Wire