Hugh Cunningham's questions to Evolv Technologies Holdings Inc (EVLV) leadership • Q2 2024
Question
Hugh Cunningham of TD Cowen asked about the operating relationship with contract manufacturer Columbia Technology, sought details on new products and add-ons like brandished weapon detection, and questioned the reasons behind the strong momentum with partner Motorola.
Answer
CFO Mark Donohue affirmed that Columbia Technology is a vital partner capable of handling current and future production volumes. President and CEO Peter George added that new products like Visual Gun Detection are helping the sales pipeline and that one or two new offerings are on track for release by year-end. He attributed Motorola's success to its market leadership, extensive sales network, and strong brand in the security sector.