Liberty Defense Stock Price, News & Analysis

Liberty Defense Holdings (OTCQB: LDDFF), a provider of AI-based detection solutions for concealed weapons, has announced an upsize to its previously announced non-brokered equity financing. The company is now offering up to 20 million Units at C$0.22 per Unit, aiming to raise maximum gross proceeds of C$4.4 million.

Each Unit consists of one common share and one purchase warrant exercisable at C$0.35 per share for 12 months following the closing date. The Offering includes a 10% blocker provision and is being conducted under the Listed Issuer Financing Exemption. The company plans to use proceeds for HEXWAVE technology unit production, marketing initiatives, and working capital. The Offering is expected to close around July 22, 2025, subject to minimum subscription of C$2.5 million and regulatory approvals.

Liberty Defense (OTCQB: LDDFF) has launched its next-generation HEXWAVE security screening system at Palm Springs International Airport (PSP) to enhance employee screening for both metallic and non-metallic threats. The deployment aligns with the TSA mandate TSA-NA-32-02, which requires approximately 175 U.S. airports to implement enhanced employee screening procedures by April 2026.

HEXWAVE utilizes proprietary AI and 3D-radar imaging technology to detect concealed threats including liquid explosives, 3D-printed weapons, and other non-traditional weapons. The system features high-throughput screening through a walkthrough portal, maintaining security without disrupting operations. PSP's early adoption of HEXWAVE demonstrates its commitment to leading-edge security measures while satisfying upcoming federal requirements.

Liberty Defense (OTCQB: LDDFF), a provider of AI-based detection solutions for concealed weapons, has appointed The Honorable Thomas Monheim to its newly formed Strategic Advisory Board. Monheim, currently Executive Director of Global Compliance Investigations at GE Aerospace, brings over three decades of distinguished service experience, including his role as Inspector General for the US Intelligence Community.

Monheim's extensive background includes key positions at the National Geospatial-Intelligence Agency, Office of the Director of National Intelligence, National Counterterrorism Center, Department of Justice, and the White House. He will join a Strategic Advisory Board that will comprise up to nine members, focusing on scaling Liberty's technology both domestically and internationally.

Liberty Defense Holdings (LDDFF) has successfully completed testing of its HEXWAVE security screening system at a major US courthouse and correctional facilities. The HEXWAVE system, which utilizes millimeter wave technology, advanced 3D imaging, and AI, demonstrated effective detection of both metallic and non-metallic concealed threats with minimal false alarms. The three-day testing, directed by Fitzgerald Technology Group, showed the system's capability to detect various threats including 3D-printed firearms, ceramic knives, disguised tasers, and multiple forms of explosives. The system operates as a high-throughput, contactless walkthrough portal, offering rapid automated screening for prohibited items. FTG's President expressed satisfaction with HEXWAVE's millimeter wave detection and imaging capabilities during the comprehensive testing.

Liberty Defense (LDDFF) has secured a multi-unit HEXWAVE order from a US International Airport for aviation worker screening. This order comes in response to the TSA Mandate requiring all major US airports to implement 100% employee screening by April 2026. HEXWAVE, selected through a competitive tender process, uses millimeter wave technology, 3D imaging, and AI to detect both metallic and non-metallic threats. The system features a high-throughput walkthrough portal capable of identifying various threats including liquid explosives, 3D printed ghost guns, and other contraband. The order was processed through Liberty's partner Point Security Inc., a leading US security screening distributor.

Liberty Defense Holdings (LDDFF) has announced a Normal Course Issuer Bid (NCIB) to repurchase up to 5,142,844 common shares, representing approximately 10% of its public float. The buyback program will run from June 5, 2025, to June 4, 2026, through the TSX Venture Exchange. As of May 30, 2025, the company had 51,976,722 issued shares, with 548,281 held by insiders. The company cannot acquire more than 2% of outstanding shares in any 30-day period. All purchased shares will be cancelled. Liberty Defense believes its shares may not fully reflect the company's underlying value, making the buyback an appropriate use of funds. Research Capital Corporation will facilitate the share purchases.

Liberty Defense Holdings (OTCQB: LDDFF) announced its participation in two upcoming events. CEO Bill Frain will present at the Lytham Partners Investor Conference on May 29, 2025, including one-on-one meetings with institutional investors. Additionally, the company will showcase its HEXWAVE nextgen scanning technology at the American Association of Airport Executives (AAAE) event in Atlanta from June 8-10. The HEXWAVE system is already deployed at several US airports, offering mobility and efficiency in meeting TSA's April 2026 employee screening requirements. The company also engaged Native Ads for a CA$200,000 marketing campaign focused on digital media advertising and content development.

Liberty Defense Holdings (OTCQB: LDDFF) has appointed David S. Kris to its newly formed Strategic Advisory Board, which will have up to nine members. Kris, a former Assistant Attorney General for National Security, brings extensive experience from both public and private sectors. He previously led the National Security Division of the US Department of Justice, served as Deputy General Counsel and Chief Compliance Officer at Time Warner, and founded Culper Partners LLC, a firm specializing in public policy, security, geopolitics, and law.

The appointment aims to help Liberty Defense scale its AI-based next generation detection solutions for concealed weapons and threats. Kris's expertise in national security law and his experience advising the US Intelligence Community will contribute to Liberty's mission of enhancing public safety while maintaining efficiency and privacy.

Liberty Defense Holdings (OTCQB: LDDFF) has successfully completed operational testing of its HEXWAVE™ security system at a major Category X airport in the US through the National Safe Skies Alliance. HEXWAVE, an AI-powered walkthrough threat detection system, can detect both metallic and non-metallic concealed objects. The system is currently deployed at various locations including airports, courthouses, correctional facilities, and universities.

Safe Skies, an independent non-profit organization funded by the Federal Aviation Administration, conducted thorough testing under its ISO 9001:2015-approved Quality Management System. The evaluation focused on detection capabilities, reliability, and maintainability in active airport conditions. Liberty Defense aims to expand HEXWAVE deployments across U.S. airports to meet TSA's aviation worker screening requirements, highlighting the system's mobility and cost-efficiency advantages.