STOCK TITAN

Liberty Defense Announces Trial of HEXWAVE at Denver International Airport

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Denver International Airport will conduct a customer trial of Liberty Defense's HEXWAVE system for employee screening. The system uses advanced imaging and AI to detect concealed weapons without removing personal items. Liberty Defense is excited to work with the airport to enhance security processes.
Positive
  • Denver International Airport will trial Liberty Defense's HEXWAVE system for employee screening, potentially leading to a future partnership. The system uses advanced technology to detect concealed weapons and prohibited items, improving security processes. This could increase demand for Liberty Defense's detection solutions and drive revenue growth.
Negative
  • No negative takes found.

Walkthrough security detection portal to be evaluated by Denver International Airport for employee screening

WILMINGTON, Mass and DENVER, Oct. 25, 2023 /PRNewswire/ - 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 Denver International Airport will perform a customer trial of the HEXWAVE™ system for a week in the Great Hall at the south employee checkpoint for use in conducting aviation worker screening at its airport facilities.

HEXWAVE uses millimeter wave, advanced 3D imaging, and AI to detect concealed metallic and non-metallic weapons such as liquid, plastic, and powder explosives, 3D printed guns, and other prohibited items – without having to remove common items like cell phones or keys. The system allows for rapid, automated screening using a high throughput, contactless, walkthrough portal.

"Denver International Airport has always been on the forefront of deploying next generation technologies, especially for safety and security applications," said Bill Frain, CEO of Liberty Defense. "We look forward to working with Denver to enhance the screening requirements and demonstrate an effective and efficient security process utilizing our HEXWAVE technology."

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

FORWARD-LOOKING STATEMENTS

When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Although Liberty believes, in light of the experience of their respective officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in the forward-looking statements and information in this press release are reasonable, undue reliance should not be placed on them because the parties can give no assurance that such statements will prove to be correct. Such statements and information reflect the current view of Liberty. There are risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.

By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. There are a number of important factors that could cause Liberty's actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: currency fluctuations; limited business history of the parties; disruptions or changes in the credit or security markets; results of operation activities and development of projects; project cost overruns or unanticipated costs and expenses; and general development, market and industry conditions. The parties undertake no obligation to comment on analyses, expectations or statements made by third parties in respect of their securities or their respective financial or operating results (as applicable).

Liberty cautions that the foregoing list of material factors is not exhaustive. When relying on Liberty's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Liberty has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this press release represents the expectations of Liberty as of the date of this press release and, accordingly, are subject to change after such date. Liberty does not undertake to update this information at any particular time except as required in accordance with applicable laws.

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.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/liberty-defense-announces-trial-of-hexwave-at-denver-international-airport-301967210.html

SOURCE Liberty Defense Holdings Ltd.

FAQ

What is Liberty Defense's HEXWAVE system?

HEXWAVE is an AI-based detection system that uses advanced imaging to detect concealed weapons and prohibited items without removing personal items like cell phones or keys.

What is the purpose of the customer trial at Denver International Airport?

The trial aims to evaluate the effectiveness and efficiency of the HEXWAVE system for employee screening at the airport.

How could this trial impact Liberty Defense's stock price?

If the trial is successful and leads to a partnership with Denver International Airport, it could increase demand for Liberty Defense's detection solutions and positively impact the company's stock price.

LIBERTY DEFENSE HLDGS LTD

OTC:LDDFF

LDDFF Rankings

LDDFF Latest News

LDDFF Stock Data

18.92M
140.31M
3.1%
0.95%
Security & Protection Services
Industrials
Link
United States of America
Wilmington