STOCK TITAN

Notifications

Limited Time Offer! Get Platinum at the Gold price until January 31, 2026!

Sign up now and unlock all premium features at an incredible discount.

Read more on the Pricing page

Liberty Defense Granted Formal Federal Communications Commission (FCC) Waiver for High-Definition AIT Upgrade Kit

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

Liberty Defense Holdings (OTCQB: LDDFF) has received formal waiver authorization approval from the Federal Communications Commission (FCC) for its High-Definition Advanced Imaging Technology (HD-AIT) upgrade kit. This milestone advances the commercialization of their ultra-wideband high definition imaging technology for airport security screening.

The company previously received continued funding from the Transportation Security Administration to complete development and eventual rollout of the technology. The HD-AIT body scanner and shoe screener technologies, licensed by Liberty in March 2021, were originally developed by Pacific Northwest National Laboratory researchers with funding from the U.S. Department of Homeland Security Science and Technology Directorate.

The FCC approval is significant as Radio Frequency devices must be authorized before marketing in the United States, ensuring they operate without harmful interference and comply with Commission rules.

Loading...
Loading translation...

Positive

  • Received FCC waiver authorization for HD-AIT upgrade kit
  • Secured continued TSA funding for technology development and rollout
  • Holds license for both body scanner and shoe screener technologies

Negative

  • None.

WILMINGTON, Mass., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Liberty Defense Holdings Ltd. (“Liberty” or the “Company”) (TSXV: SCAN, OTCQB: LDDFF, FRANKFURT: LD2A), a leading technology provider of AI-based next generation detection solutions for concealed weapons and threats, is pleased to announce that the High-Definition Advanced Imaging Technology (HD-AIT) upgrade kit was granted a formal waiver authorization approval from the FCC, another important milestone for its ultra-wideband high definition imaging technology.

“This marks another significant milestone for Liberty’s HD-AIT advanced product development as we move toward finalizing the commercialization of this technology, with the potential to upgrade existing body scanners at U.S. airports,” said Bill Frain, Liberty’s CEO. “In September we announced the continued funding from the Transportation Security Administration to complete the development and eventual rollout of the technology. This will enable us to achieve an unparalleled level of security screening and throughput as passenger traffic continues to grow at airports.”

Radio Frequency devices are required to be properly authorized before marketing the product in the United States. The Office of Engineering and Technology (OET) administers the equipment authorization program under the authority delegated to it by the Commission. This program is one of the principal ways the Commission ensures that RF devices used in the United States operate effectively without causing harmful interference and otherwise comply with the Commission’s rules. All RF devices subject to equipment authorization must comply with the Commission’s technical requirements prior to importation or marketing. This certainly can prove to be a barrier to entry in the securities market.

Liberty licensed millimeter wave-based HD-AIT body scanner and shoe screener technologies in March of 2021. Both technologies were developed by researchers at the Pacific Northwest National Laboratory, funded by U.S. Department of Homeland Security Science and Technology Directorate on behalf of the Transportation Security Administration mission. Liberty is now developing the technology in house with its experienced team of engineers.

On Behalf of Liberty Defense

Bill Frain
CEO & Director

About Liberty Defense

Liberty Defense (TSXV: SCAN, OTCQB: LDDFF) 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

For further information about Liberty, please contact:

Jay Adelaar, Senior Vice President of Capital Markets
Email: jay@libertydefense.com
Tel: 604-809-2500

FORWARD-LOOKING STATEMENTS

When used in this press release, the words “estimate”, “project”, “belief”, “anticipate”, “intend”, “expect”, “plan”, “predict”, “may” or “should” and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Although Liberty believes, in light of the experience of their respective officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in the forward-looking statements and information in this press release are reasonable, undue reliance should not be placed on them because the parties can give no assurance that such statements will prove to be correct. The forward-looking statements and information in this press release include, amongst others, the use of proceeds of the Offering. Such statements and information reflect the current view of Liberty. There are risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.

By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. There are a number of important factors that could cause Liberty’s actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: currency fluctuations; limited business history of the parties; disruptions or changes in the credit or security markets; results of operation activities and development of projects; project cost overruns or unanticipated costs and expenses; and general development, market and industry conditions. The parties undertake no obligation to comment on analyses, expectations or statements made by third parties in respect of their securities or their respective financial or operating results (as applicable).

Liberty cautions that the foregoing list of material factors is not exhaustive. When relying on Liberty’s forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Liberty has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this press release represents the expectations of Liberty as of the date of this press release and, accordingly, are subject to change after such date. Liberty does not undertake to update this information at any particular time except as required in accordance with applicable laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.


FAQ

What is the significance of Liberty Defense's (LDDFF) recent FCC waiver approval?

The FCC waiver approval allows Liberty Defense to proceed with commercializing their HD-AIT upgrade kit for airport security scanners, marking a important regulatory milestone for marketing the technology in the United States.

When did Liberty Defense (LDDFF) license their HD-AIT scanner technology?

Liberty Defense licensed the millimeter wave-based HD-AIT body scanner and shoe screener technologies in March 2021.

What is Liberty Defense's (LDDFF) plan for implementing the HD-AIT technology?

Liberty Defense plans to upgrade existing body scanners at U.S. airports, aiming to enhance security screening and throughput capabilities as passenger traffic continues to grow.

How is the TSA involved with Liberty Defense's (LDDFF) HD-AIT technology?

The TSA is providing continued funding to Liberty Defense for completing the development and eventual rollout of the HD-AIT technology, as announced in September.
Liberty Defense

:LDDFD

LDDFD Rankings

LDDFD Latest News

LDDFD Stock Data

16.23M
US