Liberty Defense (NASDAQ: DETX) announced that its AI-powered HEXWAVE system was selected for deployment at a major U.S. international airport for aviation worker screening. The airport serves over 30 million passengers annually and ranks among the top 20 busiest in the country.
HEXWAVE uses millimeter wave technology, 3D imaging, and AI to detect metallic and non-metallic threats, including liquid, plastic, and powder explosives and 3D-printed weapons. The deployment is intended to enhance security, throughput, and aviation worker screening. CEO Bill Frain will also join Maxim Group’s Defense Tech Virtual Conference on June 25, 2026.
Liberty Defense (NASDAQ: DETX) deployed its HEXWAVE™ AI-based concealed threat detection systems at LaGuardia Airport’s high-traffic Terminal B worker screening checkpoints, in partnership with K2 Security Screening Group.
The company also agreed to settle CAD$117,000 of debt by issuing 23,306 shares at CAD$5.02 plus paying CAD$350,000 in cash, subject to TSX Venture Exchange approval.
Liberty Defense (Nasdaq: DETX) appointed Will Hamilton to its Board of Directors on April 29, 2026. Hamilton brings more than 20 years in equity research and portfolio management, currently serving as Partner and Portfolio Manager at Kestrel Merchant Partners and holding a CFA charter. The appointment highlights the companys emphasis on public-markets expertise as it pursues growth in AI-based threat-detection technology.
Liberty Defense (NASDAQ:DETX) closed its U.S. initial public offering on April 24, 2026, issuing 3,673,638 common shares at $4.50 per share and pre-funded warrants for 770,807 shares at $4.4999 each. Gross proceeds were approximately $20 million before underwriting discounts and offering expenses.
The company granted underwriters a 30-day option for up to 666,666 additional shares for over-allotments. Common shares began trading on the Nasdaq Capital Market on April 22, 2026 under DETX, ceased OTCQB trading, and remain listed on the TSX Venture Exchange.
Liberty Defense (DETX) priced a U.S. initial public offering of 3,673,638 common shares at $4.50 and pre-funded warrants for 770,807 shares at $4.4999, raising gross proceeds of approximately $20 million. The shares are expected to begin trading on Nasdaq on April 22, 2026 and closing is expected April 23, 2026, subject to customary conditions and TSXV approval. The company granted underwriters a 30-day option for 666,666 additional shares. CEO William Frain intends to buy 5,555 shares for about $25,000. A Form F-1 was declared effective March 31, 2026.