01:18:22 EDT Thu 02 May 2024
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or Name
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CA



Liberty Defense Holdings Ltd (2)
Symbol SCAN
Shares Issued 151,328,765
Close 2024-01-22 C$ 0.115
Market Cap C$ 17,402,808
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Liberty Defense to add Hexwave to Philippine airport

2024-01-22 11:02 ET - News Release

Mr. Bill Frain reports

LIBERTY DEFENSE ANNOUNCES FIRST SALE OF HEXWAVE TO AN INTERNATIONAL AIRPORT IN ASIA PACIFIC

Liberty Defense Holdings Ltd.'s Hexwave system will be deployed at an international airport in the Philippines.

The sale was made by the company's international distributor and deployment is scheduled for the summer of 2024. The screening will be at the forecourt of the airport to screen people entering the terminal.

Liberty's Hexwave product, a next-generation walkthrough, contactless threat detection system for concealed metallic and non-metallic objects, uses AI (artificial intelligence) to provide automated decisions to security operators to process people at speed. The company started shipping Hexwave to customers in September, 2023, and the backlog of systems has grown to over 30 systems.

"We continue to see an increase in demand from airports on a global basis for enhanced screening at various checkpoints and entrances," said Bill Frain, chief executive officer of Liberty Defense. "In addition to screening for aviation workers, airports are taking advantage of Hexwave's mobility and scanning individuals as they enter the terminal as part of an added and layered security approach."

About Liberty Defense Holdings Ltd.

Liberty Defense provides multitechnology security solutions for concealed weapon detection in high-volume-foot-traffic areas and locations requiring enhanced security such as airports, stadiums, schools and more. Liberty's Hexwave product, for which the company has secured an exclusive licence from Massachusetts Institute of Technology (MIT) as well as a technology transfer agreement for patents related to active 3-D radar imaging technology, provides discrete, modular and scalable protection to provide layered, standoff detection capability of metallic and non-metallic weapons. Liberty has also recently licensed the millimetre-wave-based, high-definition advanced imaging technology (HD-AIT) body scanner and shoe scanner technologies as part of its technology portfolio. Liberty is committed to protecting communities and preserving peace of mind through superior security detection solutions.

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