Evolv CEO's "Signatures For All The Weapons In The World" Claim Analyzed
Evolv's CEO regularly tells investors and the public that the company has "signatures" of "all the weapons in the world."
While this abstractly sounds impressive and is consistent with the term's usage in scientific papers, Evolv's "signatures" are far less precise than what the public may conclude from the use of a term that commonly signifies being a unique identifier.
Evolv's CEO Claims "All" Weapons "Signatures"
For example, in a July 2021 Fox Business interview, he said:
We have the signatures for all the weapons in the world and we'll always find that metal barrel that's required to actually do damage with the gun. [emphasis added]
Similarly in a July 2021 TD Ameritrade interview:
And we've written the signatures for all the threats that are out there, for all the guns that exist...So all the guns, all the bombs, all the large tactical knives...So we've written the signatures for all those ... We can determine whether we see one of those signatures or not and most people aren't carrying a weapon when they come in. [emphasis added]
And in an April 2022 interview with the Gothamist:
“We've written all the signatures for all the weapons out there,” Evolv CEO Peter George told Gothamist. “ The magic is in the ability to discriminate between a phone and a firearm.” [emphasis added]
As well at the May 2022 Cowen 50th Annual Technology Media & Telecom Conference, he said:
And we've written the signatures for all the weapons in the world. And we create a magnetic field around that system. When somebody's walking through the system, and they're carrying a weapon. You have the signature for that weapon, and it triggers the magnetic field [emphasis added]
And earlier this month (June 2022), to Yahoo Finance, Evolv's CEO declared:
We create magnetic field around the platform, and we’ve written the signatures for all the weapons out there, every gun that exists, including large tactical knives and bombs. So as you’re walking through, the platform knows what to look for and goes off. [emphasis added]
Even assuming Evolv has "most" weapons signatures in the world, the key issue IPVM research shows is how significant these "signatures" are. As IPVM's investigations into various categorical false alerts for Evolv show, Evolv does not have anything close to the level of precision holding "signatures" may signify.
In the research section of the report, we examine the use of the term "signatures" in various patents and scientific papers, contrasted with what Evolv does in practice.
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