Stanley invests in AI technology company Evolv

Stanley invests in AI technology company Evolv | #Verdafero #Stanley #AI #Acquisition | Stanley Security, a global integrator of comprehensive security solutions and the world’s second-largest electronic security company, recently invested in Evolv Technology, a leader 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. (SecurityWorldMarket)

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 –  according to the company, this is10 times faster than metal detectors.

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