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Liberty Defense Holdings Ltd (2)
Symbol SCAN
Shares Issued 10,733,826
Close 2021-03-24 C$ 0.62
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Liberty Defense AI achieves detection milestone

2021-03-25 11:21 ET - News Release

Mr. Bill Frain reports

LIBERTY DEFENSE ACHIEVES KEY MILESTONES AND ACCELERATES DEVELOPMENT PLANS

Liberty Defense Holdings Ltd. has achieved a key product milestone and, as a result of having recently completed its merger with DrawDown Detection, is now accelerating its Hexwave platform development timeline.

Leveraging its exclusively licensed video-rate ultra-wideband imaging capability out of MIT Lincoln Laboratory, the company's first-generation artificial intelligence detection algorithm was recently developed and successfully demonstrated finding threats on people in motion. This milestone is significant as the company progresses toward its target of fielding beta units in the first half of 2022.

Mike Lanzaro, chief technology officer of Liberty Defense, comments: "Achieving high levels of security threat screening performance for people while they are in motion is a technology challenge that has yet to be solved for the marketplace. Aman Bhardwaj, our COO, and the core group of engineers at Liberty have made great progress towards this goal over the past 12 months. We are now able to demonstrate not only 3-D video-rate imaging but also the real-time automated detection of concealed metallic and non-metallic threats that may be carried into a public venue or other high-traffic application. Unfortunately, we continue to see a rise in gun violence in the United States, so it is becoming even more important to commercialize products like Hexwave."

The Liberty Defense Hexwave platform is a next-generation security screening solution that can be used anywhere that crowds gather, including stadiums, schools, hospitals, places of worship, government buildings, warehouses etc. Hexwave offers key advantages over existing technology:

  • Automated detection of concealed metallic and non-metallic threats, including explosives and IED's;
  • Generates 3-D imaging data for automatic threat detection (AI/deep learning), reducing the number of false alarms leading to pat-downs and delays. Achieves 1,000-plus-people-per-hour throughput;
  • Indoor and outdoor use, while enabling a stand-off and layered security capability;
  • Contactless and harmless;
  • Preserves privacy (no personally identifiable information is collected, stored or shown);
  • Multiple configuration options: stand-alone, networked, relocatable/mobile;
  • Smart Internet of things functionality and capability to interact/integrate with existing security systems.

About Liberty Defense Holdings Ltd.

Liberty provides security solutions for concealed weapon detection in high-volume foot traffic areas and 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 that are packaged into the Hexwave product. The system is designed to provide discrete, modular and scalable protection to provide layered, stand-off detection capability. This is intended to provide a means to counter evolving urban threats pro-actively. The sensors with active 3-D radar imaging and artificial-intelligence-enhanced automatic detection are designed to detect metal and non-metal firearms, knives, explosives and other threats. Liberty is committed to protecting communities and preserving peace of mind through superior security detection solutions.

We seek Safe Harbor.

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