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Liberty Defense Holdings Ltd. develops multi-technology security screening systems for concealed weapons and threat detection in high-volume venues. Its updates focus on commercialization of HEXWAVE, an AI-assisted walkthrough screening system for which Liberty holds an exclusive MIT license and a technology transfer agreement for active 3D radar imaging patents, along with HD-AIT body scanner and shoe scanner technologies.
Recurring news includes airport and institutional deployments, customer contracts, aviation-security strategy, board and leadership appointments, and capital-market actions. The company completed a U.S. initial public offering and Nasdaq listing under DETX while continuing its TSX Venture Exchange listing under SCAN.
Liberty Defense (DETX) will give its HEXWAVE I-Configuration concealed weapons detection system its first public showing at the GSX 2026 conference in Atlanta from September 14 to 16. The I-Configuration uses a single panel where an individual walks up, turns once in front of it, and then proceeds, enabling deployment in hallways, doorways, and other tight entrances where multi-panel lanes do not fit.
The company said this setup maintains HEXWAVE’s detection capabilities while giving security operators more flexibility for constrained facilities. HEXWAVE uses millimeter wave technology and 3D video-rate imaging, with AI-based automatic detection of metallic and non-metallic threats, and does not store images or personal information. Liberty Defense will demonstrate both the S-Configuration and the new I-Configuration at booth 4268, where visitors can review evaluation findings and schedule follow-up discussions.
Liberty Defense (NASDAQ: DETX; TSXV: SCAN) announced that President Bryan Cunningham left the company effective July 22, 2026 to return to his privacy and advocacy work. CEO Bill Frain thanked Cunningham for his contributions. Liberty does not plan to immediately fill the President position and states that its leadership team remains focused on executing strategic priorities and serving customers, partners, and employees. The company highlights its multi-technology concealed weapons detection solutions, including its HEXWAVE product licensed from MIT and recently licensed HD-AIT body and shoe scanner technologies.
Liberty Defense (NASDAQ: DETX, TSXV: SCAN) has closed a shares-for-debt transaction related to its U.S. IPO and Nasdaq listing. The company issued 23,306 common shares at a deemed price of $4.55 per share to settle CAD$117,000 of accounts payable owed to a service provider, extinguishing this indebtedness. The new shares are subject to a statutory hold period of four months plus one day under applicable securities laws.
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 company s 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.
Liberty Defense (OTCQB:LDDFF) secured a sale to a renowned infectious disease laboratory for deployment of a HEXWAVE™ walkthrough screening system to screen employees and visitors, following a successful on-site trial.
HEXWAVE uses active millimeter-wave imaging and AI to detect metallic and non-metallic threats contactlessly and integrates with existing security systems. The company also received TSXV approval for its 2025 Omnibus Incentive Plan, which caps issuable shares under equity plans at 10%.
Liberty Defense (OTCQB: LDDFF) appointed Matt Johnson as Department of Homeland Security Relationship Manager to strengthen its aviation strategy and accelerate commercialization of next-generation screening solutions across airports and high-throughput venues. Mr. Johnson has 20+ years of aviation security experience including senior roles at TSA and Evolv Technology.
The company said his experience with risk-based aviation security initiatives and scaled deployments is expected to boost commercial execution, partnership development, and customer engagement as Liberty expands HEXWAVE and High-Definition Upgrade Kit deployments.