Evolv adds 70 customers in Q2 2026, strongest quarterly gain in two years
Reuters2026/08/14 12:00- Evolv Technologies highlighted strong demand for AI weapons detection, citing second-quarter 2026 momentum in customer adoption across public safety markets.
- Evolv Express now screens nearly 5 million people per day, reflecting increased scale of its installed base.
- Second-quarter 2026 new customers rose to 70, the strongest quarterly intake in two years; about 60% of unit bookings came from existing customers.
- eXpedite exceeded 100 customers, about 8% of the customer base, up from about 2% a year earlier.
- eXpedite processed more than 20 million bags since late 2024; current throughput runs about 90,000 bags per day.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
PMV Pharma issues warrants to buy 41,955,000 shares in $50.8 million offering
A cross-industry capacity scramble by Musk turns out to be a false alarm? Bernstein points out that SpaceX's self-research has minimal impact, maintains an "outperform" rating for Howmet (HWM.US)
Investment bank Bernstein has maintained its "Outperform" rating on aerospace precision parts giant Howmet Aerospace and raised its target price from $248 to $328.
AI dividends continue to be released! South Korea's exports in August maintain strong growth, with chip exports soaring by two times
Against the backdrop of continued strong demand for artificial intelligence (AI) driving chip exports and injecting robust momentum into the overall economy, South Korea's exports maintained strong growth in August.
Asiatel net loss widens to $1.29 million in 1H FY26; revenue rises 51% to $5.14 million
Crypto prices
More
