Liberty Defense Stock Price, News & Analysis

Liberty Defense Holdings Ltd. announced the addition of industry leaders Ajay Subramanian and Jeffrey Gordon to its team, focusing on enhancing threat detection technologies including the High Definition Advanced Imaging Technology (AIT) body scanner and the HEXWAVE system. Both technologies aim to improve airport security and screening efficiency, developed with support from the U.S. Department of Homeland Security. Subramanian's experience at Raytheon and Gordon's extensive engineering background will drive innovation at Liberty's new headquarters in Wilmington, MA.

Liberty Defense Holdings Ltd. (LDDFF) announced a $500,000 USD contract award from the TSA for its HEXWAVE™ system, aimed at enhancing screening capabilities for aviation workers. This system utilizes AI to detect both metallic and non-metallic threats while minimizing false alarms. The contract is part of the TSA's initiative to improve security measures at airports. CEO Bill Frain commended the TSA's efforts and emphasized Liberty's commitment to effective threat detection and security improvement.

Liberty Defense Holdings Ltd. (OTCQB: LDDFF) will present at the LD Micro Main Event from October 12-14, 2021, in Los Angeles. CEO Bill Frain is scheduled to speak on October 13 at 1:30 PM EDT, detailing the company's latest developments. Liberty specializes in security solutions for concealed weapons detection, featuring technologies like the HEXWAVE contactless screening system and advanced imaging technologies. The presentation will be accessible on Liberty's website post-conference.

Liberty Defense Holdings Ltd. (OTCQB: LDDFF) announced the hiring of key personnel in sales, engineering, and accounting to support the upcoming beta launch of its HEXWAVE product. This advanced security solution identifies metallic and non-metallic threats in both indoor and outdoor settings, aiming to enhance safety in public spaces. Notably, Scott Trosper, an experienced technical architect, joins the team, bringing expertise in passenger screening technology. This strategic move is anticipated to strengthen Liberty's market position and innovation in security solutions.

Liberty Defense Holdings Ltd. has made strategic new hires in sales, engineering, and accounting to facilitate the beta launch of its HEXWAVE product and enhance product development for aviation checkpoints. Key appointments include Scott Trosper, a Senior Technical Architect with over 30 years of experience in aviation security, and Ian McNaughton, a business development leader from major security firms. These hires aim to accelerate Liberty's growth and technological advancements in security solutions while positioning the company for future profitability.

Liberty Defense Holdings Ltd. (OTCQB: LDDFF) has signed a technical and marketing collaboration agreement with Micro-X Inc. to enhance security screening solutions. This partnership aims to integrate Micro-X's advanced baggage screener with Liberty's HEXWAVE walk-through portal, optimizing security in aviation and commercial settings. HEXWAVE provides contactless threat detection using AI, streamlining checkpoint procedures. The collaboration will include market research and customer feedback to develop innovative screening approaches.

Liberty Defense Holdings Ltd. announced the appointment of Linda L. Jacksta to its board of directors. With 35 years of experience at U.S. Customs & Border Protection, her leadership in security operations is expected to benefit Liberty as it enhances its technology for aviation security and other sectors. CEO Bill Frain praised her extensive background and network in border security. Jacksta's past roles include Deputy Executive Assistant Commissioner and Executive Director for the Cargo System Program Office at CBP.

Liberty Defense Holdings Ltd. has announced the leasing of 6,000 square feet of office and engineering lab space in Wilmington, Massachusetts, set to become its headquarters in September 2021. This move is aimed at supporting the company's HEXWAVE product development and upcoming beta deployment. Liberty has committed to a six-year lease with potential for expansion. Additionally, Liberty granted 240,000 stock options to directors and employees, with varying exercise prices and vesting schedules, pending regulatory approval.

Liberty Defense Holdings Ltd. (TSXV: SCAN, OTCQB: LDDFF, FRANKFURT: LD2) is now listed on the OTCQB exchange, showcasing its innovative security technology. The company offers three threat detection technologies, including a millimeter wave-based body scanner and shoe scanner. Liberty aims to enhance community safety through superior detection solutions, responding to the increasing need for security in public spaces. Their technology is currently being beta tested by several prominent organizations, highlighting its industry relevance and potential market impact.