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Liberty Defense Holdings Ltd V.SCAN

Alternate Symbol(s):  LDDFF

Liberty Defense Holdings, Ltd. is a technology provider of artificial intelligence (AI)-based detection solutions for protecting secure locations against prohibited weapons and other threats. The Company is principally engaged in the commercialization of an active three-dimensional (3D) imaging technology system, HEXWAVE, to detect concealed threats. The Company 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. Its HEXWAVE product provides discrete, modular, and scalable protection to provide layered, stand-off detection capability of metallic and non-metallic weapons using active 3D imaging technology. It also offers millimeter wave-based, High-Definition Advanced Imaging Technology (HD-AIT) body scanner and shoe scanner technologies as part of its technology portfolio.


TSXV:SCAN - Post by User

Post by Betteryear2on Sep 25, 2024 7:02pm
55 Views
Post# 36241227

Liberty Defense Receives Contract Modification

Liberty Defense Receives Contract ModificationWILMINGTON, Mass.Sept. 25, 2024 /CNW/ - Liberty Defense Holdings Ltd. ("Liberty" or the "Company") (TSXV: SCAN) (OTCQB: LDDFF) (FRANKFURT: LD2A), a leading technology provider of Artificial Intelligence (AI)-based next generation detection solutions for protecting secure locations against prohibited weapons and other threats, is pleased to announce that it has received additional funding under its current contract with the Transportation Security Administration (TSA). The contract was awarded in 2023 with a total value of $3.86M. With this additional funding, $1.69M of the total contract value has been obligated. The funding will support additional design efficiencies into the development of a High-Definition Advanced Imaging Technology (HD-AIT) upgrade kit for testing on an Advanced Imaging Technology (AIT) passenger screening system.

Liberty Defense Receives Contract Modification from TSA for Continued Development of AIT Screening Kits (newswire.ca)
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