Thruvision Group PLC (AIM:THRU, OTC:DIGTF) CEO Colin Evans speaks to Thomas Warner from Proactive London about his hopes for the future of the people-screening business.
Evans starts by giving some background on the scanning technology Thruvision has developed. Originating from British government space labs, he says Thruvision's technology detects items concealed under clothing from a distance.
Unlike traditional airport body scanners or metal detectors, Thruvision operates at a range of up to 10 meters, leveraging body heat visibility to detect hidden objects, thereby eliminating the need for physical pat-downs. He says the technology is particularly relevant in retail and distribution centres, addressing the escalating issue of shoplifting and employee theft, which amounts to billions in losses annually.
Thruvision's market research highlights a significant theft problem in distribution centres, where their technology can be deployed to deter theft and provide a non-intrusive security solution.
Evans also discussed Thruvision’s applications in international customs, notably with US Customs for detecting drugs and cash across the Mexico border, saying that the resurgence of interest in entrance security, especially for detecting weapons and explosives due to recent geopolitical events, signifies Thruvision's growing relevance.