05:15:39 EDT Thu 20 Jun 2024
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Liberty Defense Holdings Ltd (2)
Symbol SCAN
Shares Issued 161,469,674
Close 2024-04-18 C$ 0.195
Market Cap C$ 31,486,586
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Liberty Defense receives $1M advance payment from Viken

2024-04-18 13:23 ET - News Release

Mr. Jay Adelaar reports


Liberty Defense Holdings Ltd. has received the final instalment payment for 15 Hexwave systems as part of its strategic agreement with Viken Detection (Viken). Viken Detection is a global leader in threat detection and screening technologies and is entering into a partnership to sell into an ever-growing security screening market in the Americas.

Viken Detection equips public safety organizations, including customs and border protection agencies, law enforcement, and security professionals with effective, safe and affordable technologies to detect and identify concealed threats. The company's innovative suite of handheld X-ray imagers, chemical analyzers, vehicle scanners and elemental analyzers are proven and reliable in their respective markets with thousands of units operating in the field. Viken Detection is headquartered in Burlington, Mass., inside the region's tech hub, the Boston Technology Corridor.

In addition, the company and Viken will be sharing a booth at the American Association of Airport Executives (AAAE) Conference in Nashville, Tenn., April 28 to April 30. Hexwave will be on display and available for demonstration as airports prepare to address the insider threat screening initiative.

About Liberty Defense Holdings Ltd.

Liberty Defense provides multitechnology 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 system uses millimetre wave, advanced 3-D imaging and AI technologies that have been secured under exclusive licence and developed proprietorialy to automatically detect all types of concealed metallic and non-metallic weapons and other prohibited items. Liberty is also developing the next generation of aviation passenger screening with the millimetre wave-based, high-definition advanced imaging technology (HD-AIT) body 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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