Evolv Technology Stock – A Play on Smart City Security

One man’s terrorist is another man’s freedom fighter. It’s something that the famous American philosopher George Carlin commented on when we quipped, “if crime fighters fight crime, and firefighters fight fires, what do freedom fighters fight?” Sometimes, it’s best to just make sure nobody brings any weapons to the party and we can argue semantics another time. Airports epitomize the need for security screenings, but they can be found everywhere – from courthouses to football games.

Since we’re not allowed to use profiling, everyone needs to be given an equal shakedown in security screening. Throw in the new healthcare requirement for screening temperatures, and getting crowds of people into any venue starts to require lots of manpower and equipment. A company called Evolv Technology thinks they have the answer – a modern method of security screening that uses artificial intelligence (AI) to speed things up. And they’ve decided to back their assets up into a special purpose acquisition company (SPAC) called NewHold Investment Corp. (NHIC).

About Evolv Technology Stock

We first came across Evolv Technology a few years back in our piece on 6 A