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Bullboard - Stock Discussion Forum 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... see more

TSXV:SCAN - Post Discussion

Liberty Defense Holdings Ltd > Liberty Defense Displays Impressive Results of the HEXWAVE f
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Post by Traderstock101 on Aug 21, 2024 9:19am

Liberty Defense Displays Impressive Results of the HEXWAVE f

 

Liberty Defense Displays Impressive Results of the HEXWAVE from On Person Borne Improvised Explosive Device (IED) Scoping Trial

 

2024-08-21 08:00 ET - News Release

 

Liberty Defense Displays Impressive Results of the HEXWAVE from On Person Borne Improvised Explosive Device (IED) Scoping Trial

Canada NewsWire

WILMINGTON, Mass.Aug. 21, 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 the HEXWAVE™ system demonstrated exceptional results from the scoping trial for the detection of On Person Borne IED's.

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

The results were released from a trial held late last year, which was a collaboration between US government agencies, US Military and NATO countries to collect and analyze security detection performance data for the purpose of determining Person Borne IEDs (PBIEDs) detection capabilities of US and European partners for Force Protection. PBIED simulants included metal, clay, sugar, plastics, and wood. Simulated metallic and non-metallic shrapnel were also used. Weapons included inert pistols and an inert rifle, inert hand grenades, various knives, and backpack bombs (simulated using a pressure cooker and metallic Shrapnel).

During the trial, the next generation screening capabilities of the HEXWAVE walkthrough system was evaluated for the following:

  • Continuous, contactless, high throughput flow of screening without having to pause or stop
  • No need to remove benign items like cell phones, keys, and wallets
  • Detection of non-metallic and metallic threats such as liquid, powder, and plastic explosives, incendiary devices, and unauthorized weapons like 3D printed ghost guns and more
  • Automated detection with threat location on the resolution station for ease of clearing alarm
  • Quick setup and portability of the system

The system was tested over the 2 days with approximately 400 scans with individuals using more than 25 types of concealed threats.  For security reasons the actual threats used and the specific performance on those threats is considered "Classified" and that information will not be provided.

"We were impressed by the results of the system, especially given the military type of threats that were used in the testing," said Bill Frain, Liberty's CEO. "The HEXWAVE had an impressive performance of greater than 90% detection or better on 18 various simulant threats, both metallic and non-metallic. This is certainly above industry standards and gives customers the confidence of performance to meet their operational requirements."

For updates and news, please visit the Company website 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: SCANOTCQB: LDDFFFRANKFURT: 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
 

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/August2024/21/c2823.html

Contact:

 

For further information about Liberty Defense, 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

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