01:51:35 EDT Fri 14 Jun 2024
Enter Symbol
or Name

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Liberty Defense Holdings Ltd (2)
Symbol SCAN
Shares Issued 161,469,674
Close 2024-04-12 C$ 0.17
Market Cap C$ 27,449,845
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Liberty Defense's Hexwave receives ISED authorization

2024-04-15 13:07 ET - News Release

Mr. Bill Frain reports


Liberty Defense Holdings Ltd.'s Hexwave product was granted a formal equipment authorization approval from Innovation, Science and Economic Development Canada (ISED), another important milestone for Liberty's ultra-wideband technology. This certification allows the Company to deploy HEXWAVE for commercial and government applications throughout Canada.

Liberty's HEXWAVE product, a next generation, walkthrough, contactless threat detection system uses low-power radar imaging, coupled with AI and computing platform, to detect concealed metallic and non-metallic threats at speed, providing automated decisions to security operators. The company has sold the HEXWAVE to multiple market verticals including aviation, courthouses, national labs, prisons, and government facilities.

Radio Frequency devices are required to be properly authorized before marketing and deploying the product in Canada. ISED Canada certification is a mandatory process for any radio equipment that wants to be sold or imported into Canada. This certification ensures that the equipment meets all the technical requirements and safety standards set by ISED Canada. This certainly can prove to be a barrier to entry in the securities market.

"This is an important milestone for HEXWAVE, allowing the Company to deliver product into Canada, a growing market for enhanced on person screening applications" said Bill Frain, Liberty's CEO. "We already have orders in the region and plan to start delivering units in April given this important certification."

In addition, the Company's Chairman and Executive Director, Daryl Rebeck, will be presenting a Company update at the International Investment Forum (IIF) at 1:00 EST on April 17 th, 2024. Please feel free to register on-line.

About Liberty Defense

Liberty Defense (TSXV: SCAN, OTCQB: LDDFF, FRANKFURT: LD2A) provides multi-technology security solutions for concealed weapons 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 license from Massachusetts Institute of Technology (MIT), as well as a technology transfer agreement for patents related to active 3D radar imaging technology, provides discrete, modular, and scalable protection to provide layered, stand-off detection capability of metallic and non-metallic weapons. Liberty has also recently licensed the millimeter 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. Learn more: LibertyDefense.com

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