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Bullboard - Stock Discussion Forum Liberty Defense Holdings Ltd LDDFF


Primary Symbol: V.SCAN

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... see more

TSXV:SCAN - Post Discussion

Liberty Defense Holdings Ltd > Liberty Defense is Pleased To Announce the Completion Of Ins
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Post by Traderstock101 on Aug 09, 2024 1:29pm

Liberty Defense is Pleased To Announce the Completion Of Ins

 

Liberty Defense is Pleased To Announce the Completion Of Installations And Start of Operations At Multiple Airports in US and Canada

 

2024-08-09 11:57 ET - News Release

 

Liberty Defense is Pleased To Announce the Completion Of Installations And Start of Operations At Multiple Airports in US and Canada

Canada NewsWire

WILMINGTON, Mass.Aug. 9, 2024 /CNW/ - Liberty Defense Holdings Ltd. ("Liberty" or the "Company") (TSXV: SCAN) (OTCQB: LDDFF) (FRANKFURT: LD2A), a leading technology provider of AI-based next generation detection solutions for concealed weapons and threats, is pleased to announce that its HEXWAVE system were installed and put into operation at Rochester and Manchester Airports to screen aviation workers as part of the new TSA Mandate on Employee Screening. Units have also been installed at Toronto's Pearson International Airport.

Liberty Defense logo (CNW Group/Liberty Defense Holdings, Ltd.)

In April 2023, a mandate was issued requiring U.S. airports to adopt physical screening procedures for employees with access to secure-side areas of the airport.  The mandate was further reinforced by a U.S. Court of Appeals decision denying airports the ability to delay the screening process.  To implement screening for aviation workers, airports will need technologies that provide a broad range of threat detection that can meet the current screening requirements and those mandated for the future.

In addition, the Company has shipped initial units to support the order from Texas Department of Criminal Justice (TDCJ) to screen staff and visitors that will enter correctional facilities.

HEXWAVE uses millimeter wave, advanced 3D imaging and AI to detect concealed metallic and non-metallic threats and other prohibited items.  The system allows for rapid, automated screening using a high-throughput, contactless, walkthrough portal to detect liquid, powder and plastic explosives, 3D printed ghost guns and other contraband that enhanced metal detectors on the market do not detect.

For updates and news, please visit www.libertydefense.com to subscribe to email alerts or follow Liberty Defense on social channels.

On Behalf of Liberty Defense
Bill Frain
CEO & Director

About Liberty Defense
Liberty Defense (TSXV: SCAN, OTCQB: LDDFF, FRANKFURT: LD2A) 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. Liberty's HEXWAVE product, for which the company has secured an exclusive license from Massachusetts Institute of Technology (MIT), as well as a technology transfer agreement for patents related to active 3D radar imaging technology, provides discrete, modular and scalable protection to provide layered, stand-off detection capability of metallic and non-metallic weapons. Liberty has also recently licensed the millimeter wave-based, High-Definition Advanced Imaging Technology (HD-AIT) body scanner and shoe scanner technologies as part of its technology portfolio. Liberty is committed to protecting communities and preserving peace of mind through superior security detection solutions. Learn more: LibertyDefense.com

About Viken Detection 
Viken Detection equips public safety organizations, including customs and border protection agencies, law enforcement and security professionals with effective, safe, and affordable technologies to detect and identify concealed threats. The company's innovative suite of handheld x-ray imagers, chemical analyzers, vehicle scanners and elemental analyzers are proven and reliable in their respective markets with thousands of units operating in the field. Viken Detection is headquartered in Burlington, Massachusetts inside the region's tech hub, the Boston Technology Corridor.

About Linev Systems
LINEV Systems, which is part of the global LINEV Group, has been an industry-leading provider of x-ray imaging checkpoint security technology for over 15 years, including AI-driven x-ray security screening, benchtop scientific instruments, and x-ray non-destructive testing (NDT) systems. Over 1,000 LINEV transmission x-ray body scanners are deployed in 24 State Department of Corrections facilities across the US.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

SOURCE Liberty Defense Holdings, Ltd.

 

View original content to download multimedia: https://www.newswire.ca/en/releases/archive/August2024/09/c8591.html

Contact:

For further information about Liberty, please contact: Jay Adelaar, Senior Vice President of Capital Markets, Liberty Defense, 604-809-2500, jay@libertydefense.com; For sales information, please contact: Ian McNaughton, Senior Director Business Development, Liberty Defense, 613-292-3669, imcnaughton@libertydefense.com

Comment by Traderstock101 on Aug 09, 2024 1:31pm
WoW! big news and GAP-UP for SCAN at 0.20¢ soon
Comment by Traderstock101 on Aug 09, 2024 1:36pm
Trades for C:SCAN on 20240513 - 105 trades displayed Time ET Ex Price Change Volume Buyer Seller Markers 15:59:59 V 0.19 0.015 5,000 79 CIBC 79 CIBC K 15:57:45 M 0.19 0.015 1 85 Scotia 85 ...more  
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