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LIBERTY DEFENSE HLDGS (LDDFF) Stock News, Feb-May 2025

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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.

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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.

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Liberty Defense Holdings (OTCQB: LDDFF) has announced the appointment of James M. Byrne to its newly formed Strategic Advisory Board, which will comprise up to nine members. Byrne, currently Vice President of Ethics & Business Conduct at Lockheed Martin, previously served as Deputy Secretary of Veterans Affairs.

As a retired United States Marine Corps infantry officer and federal prosecutor, Byrne brings significant experience to Liberty Defense, a provider of AI-based security detection solutions for concealed weapons. The company's technology development is supported by notable institutions including MIT, Pacific Northwest National Labs, and the Transportation Security Administration (TSA).

The Strategic Advisory Board's mission is to guide Liberty Defense in scaling its security detection technology both domestically and internationally. The company focuses on enhancing security measures at airports, governmental facilities, and public gatherings while maintaining convenience and quality of life.

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Liberty Defense Holdings (OTCQB: LDDFF) highlights the historic proposed $1 trillion US defense budget, emphasizing increased security threats and the need for enhanced protection measures. The company, specializing in AI-based detection solutions for concealed weapons, positions itself as a key player in next-generation security screening technology.

The company announces the strategic hiring of Michael Iarrobino, a retired U.S. Air Force Master Sergeant with over 20 years of experience in program management and government contracting. This appointment aligns with Liberty's focus on expanding their presence in Aviation Worker Screening and urban security requirements.

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Liberty Defense Holdings (OTCQB: LDDFF) has announced a new sale of its HEXWAVE™ system to an International Distributor in Brazil, marking their second sale in Latin America following a previous delivery to a Chilean corrections facility. The HEXWAVE system is a next-generation walkthrough threat detection solution that uses low-power radar imaging and AI to detect concealed weapons and prohibited items.

The system is gaining traction in South American security applications, including courthouses, national labs, distribution centres, and government facilities. HEXWAVE's technology can detect both metallic and non-metallic threats, including ghost guns, plastic explosives, powders, and gels.

Additionally, Liberty Defense has extended its marketing agreement with Senergy Communications Capital for three months starting April 14, 2025, with compensation of $200,000 and an option to increase to $300,000. The company has also entered a two-month corporate awareness agreement with Quantum Ventures for $175,000, starting April 14, 2025.

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Liberty Defense Holdings (OTCQB: LDDFF) has successfully delivered nine HEXWAVE units in Q1 2025, with installations planned for completion by end of April. The systems will be deployed at a courthouse, US airports for Aviation Worker Screening, and through their distributor network.

HEXWAVE is an advanced security screening system that uses millimeter wave technology, 3D imaging, and AI to detect both metallic and non-metallic threats. The system features a high-throughput, contactless walkthrough portal capable of identifying liquid, powder and plastic explosives, 3D printed ghost guns, and other contraband that traditional metal detectors cannot detect.

The company is currently manufacturing the next batch of 50 HEXWAVE units to address their backlog and anticipated orders across various market verticals, with aviation worker screening leading the demand. Being Made in the USA, Liberty Defense expects minimal impact from recent US tariffs.

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Liberty Defense Holdings (OTCQB: LDDFF) has announced the appointment of The Honorable Mary Beth Long to its newly formed Strategic Advisory Board. Long, a former Assistant Secretary of Defense and current Independent Director at AeroVironment (NASDAQ: AVAV), brings significant expertise in defense and security.

As the first woman confirmed to a four-star military equivalent position in U.S. history, Long's background includes serving as Chair of NATO's Nuclear and Missile Defense High-Level Group and as a career CIA officer. She has founded multiple advisory firms and currently serves on various prestigious boards including the Council on Foreign Relations.

The appointment aligns with Liberty Defense's strategy to scale its AI-based next generation detection solutions for concealed weapons and threats globally. Long emphasized the growing importance of entry-point security and AI integration in addressing emerging security challenges, including 3D-printed firearms and sophisticated threats in public spaces.

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Liberty Defense Holdings (OTCQB: LDDFF) has announced a strategic non-exclusive distribution agreement with Point Security Inc. to introduce HEXWAVE™ to US airports. Point Security, with 30 years of experience in checkpoint security equipment, will distribute the HEXWAVE walkthrough people screening system.

HEXWAVE utilizes AI and machine learning to detect both metallic and non-metallic weapons and threats in real-time. The system was specifically chosen to enhance Point Security's urban security portfolio, targeting threats like non-metallic explosives and 3D printed ghost guns.

This partnership aims to expand Liberty Defense's market reach and revenue growth potential while leveraging Point Security's established presence in the US security industry. The collaboration focuses on deploying next-generation detection capabilities while improving the security screening experience.

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Liberty Defense Holdings (TSXV: SCAN, OTCQB: LDDFF) has engaged Independent Trading Group (ITG) to provide market-making services across all trading venues, subject to regulatory approval. The agreement aims to maintain reasonable market conditions and enhance the liquidity of Liberty's common shares.

Under the terms, ITG will receive CAD$6,500 monthly compensation, paid in advance. The initial one-month term is automatically renewable unless terminated with 30 days' notice by either party. The agreement contains no performance factors, and ITG will not receive shares or options as compensation. Both parties are unrelated and unaffiliated, with ITG and its principals having no direct or indirect interest in Liberty's securities.

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Liberty Defense Holdings (OTCQB: LDDFF) has initiated a strategic partnership with Aluma to pursue SAFETY Act certification for its HEXWAVE walkthrough people screening system. The SAFETY Act, administered by the Department of Homeland Security, provides liability protection to companies developing innovative security technologies in the event of terrorist attacks.

HEXWAVE utilizes AI and machine learning to detect weapons and threats in real-time. Aluma, which has previously assisted organizations like Live Nation, VOTI, and the Philadelphia Phillies in achieving SAFETY Act designation, will support Liberty Defense through the certification process.

Bill Frain, CEO of Liberty Defense, noted increasing demand for HEXWAVE, emphasizing that SAFETY Act certification is a important component of their product roadmap as a US manufacturer.

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Liberty Defense Holdings (TSXV: SCAN, OTCQB: LDDFF) has appointed Jason Burinescu as Executive Chairman of the Board, effective immediately. Burinescu, a Managing Partner at Vision Equity Partner Solutions, replaces Daryl Rebeck who is stepping down after four years in the role.

Burinescu brings significant experience from his time at Fletch Equity, where he helped complete over $1 billion in transactions, and as a senior operating executive at several companies including Vera, which was acquired by Help Systems. Liberty Defense specializes in AI-based detection solutions for concealed weapons and threats.

The company has invested over $40 million in R&D to develop threat detection technology licensed from MIT Lincoln Laboratories. Their systems are designed to detect threats that evade traditional metal detectors, including ghost guns and plastic explosives. Current clients include the TSA, MIT, Los Alamos National Labs, and major airports in the US and Canada.

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FAQ

What is the current stock price of LIBERTY DEFENSE HLDGS (LDDFF)?

LIBERTY DEFENSE HLDGS (LDDFF) last closed at $5.71.

What is the market cap of LIBERTY DEFENSE HLDGS (LDDFF)?

The market cap of LIBERTY DEFENSE HLDGS (LDDFF) is approximately $11.3M.