Liberty Defense Selected to Demonstrate HEXWAVE to a Major US Strategic Ally in the Middle East Region
Liberty Defense Holdings (TSXV: SCAN, OTCQB: LDDFF) announced its HEXWAVE system has been selected for a critical trial in a Middle Eastern US ally country. The evaluation is co-sponsored by IWTSD (Irregular Warfare Technical Support Directorate) to assess capabilities for explosive threat detection, including metallic and non-metallic materials.
The HEXWAVE system, representing a $50 million technology investment, uses millimeter wave, advanced 3D imaging, and AI to detect concealed threats through a walkthrough portal. Potential deployment areas include border security, checkpoints, critical facilities, transportation, and military applications.
Additionally, the company granted 1,400,000 stock options to directors and officers, exercisable at $0.80 per share until December 30, 2029, with varying vesting schedules in 2025 and 2026.
Liberty Defense Holdings (TSXV: SCAN, OTCQB: LDDFF) ha annunciato che il suo sistema HEXWAVE è stato selezionato per una sperimentazione critica in un paese alleato degli Stati Uniti in Medio Oriente. La valutazione è co-sponsorizzata da IWTSD (Irregular Warfare Technical Support Directorate) per valutare le capacità di rilevamento delle minacce esplosive, inclusi materiali metallici e non metallici.
Il sistema HEXWAVE, rappresentando un investimento tecnologico di 50 milioni di dollari, utilizza onde millimetriche, imaging 3D avanzato e intelligenza artificiale per rilevare minacce nascoste attraverso un portale di attraversamento. Le aree potenziali di impiego includono la sicurezza di frontiera, i posti di controllo, le strutture critiche, i trasporti e applicazioni militari.
Inoltre, la società ha concesso 1.400.000 opzioni su azioni a direttori e funzionari, esercitabili a 0,80 dollari per azione fino al 30 dicembre 2029, con pianificazioni di maturazione variabili nel 2025 e nel 2026.
Liberty Defense Holdings (TSXV: SCAN, OTCQB: LDDFF) anunció que su sistema HEXWAVE ha sido seleccionado para una prueba crítica en un país aliado de EE. UU. en Medio Oriente. La evaluación está co-patrocinada por IWTSD (Irregular Warfare Technical Support Directorate) para evaluar capacidades de detección de amenazas explosivas, incluidos materiales metálicos y no metálicos.
El sistema HEXWAVE, que representa una inversión tecnológica de 50 millones de dólares, utiliza ondas milimétricas, imágenes 3D avanzadas e inteligencia artificial para detectar amenazas ocultas a través de un portal de paso. Las áreas de posible despliegue incluyen la seguridad fronteriza, puntos de control, instalaciones críticas, transporte y aplicaciones militares.
Además, la empresa otorgó 1.400.000 opciones sobre acciones a directores y funcionarios, que se pueden ejercer a 0,80 dólares por acción hasta el 30 de diciembre de 2029, con diferentes cronogramas de adquisición en 2025 y 2026.
리버티 디펜스 홀딩스 (TSXV: SCAN, OTCQB: LDDFF)는 HEXWAVE 시스템이 중동의 미국 동맹국에서 중요한 시험에 선정되었다고 발표했습니다. 평가는 폭발물 위협 탐지를 위한 역량을 평가하기 위해 IWTSD (Irregular Warfare Technical Support Directorate)와 공동 지원됩니다. 이는 금속 및 비금속 재료를 포함합니다.
HEXWAVE 시스템은 5천만 달러의 기술 투자를 대표하며, 밀리미터파, 첨단 3D 이미징, 인공지능을 사용하여 통과형 포털을 통해 숨겨진 위협을 탐지합니다. 잠재적 배치 영역에는 국경 안전, 검문소, 중요 시설, 운송 및 군사 응용이 포함됩니다.
추가로, 회사는 이사와 임원에게 140만 주의 스톡 옵션을 부여했으며, 주당 0.80달러에 2029년 12월 30일까지 행사할 수 있으며, 2025년과 2026년에 다양한 부여 일정이 있습니다.
Liberty Defense Holdings (TSXV: SCAN, OTCQB: LDDFF) a annoncé que son système HEXWAVE a été sélectionné pour un essai critique dans un pays allié des États-Unis au Moyen-Orient. L'évaluation est co-parrainée par l'IWTSD (Irregular Warfare Technical Support Directorate) pour évaluer les capacités de détection des menaces explosives, y compris les matériaux métalliques et non métalliques.
Le système HEXWAVE, représentant un investissement technologique de 50 millions de dollars, utilise des ondes millimétriques, une imagerie 3D avancée et l'IA pour détecter des menaces dissimulées à travers un portail de passage. Les domaines de déploiement potentiels incluent la sécurité des frontières, les points de contrôle, les installations critiques, les transports et les applications militaires.
De plus, l'entreprise a attribué 1 400 000 options d'achat d'actions à des directeurs et des dirigeants, exerçables à 0,80 $ par action jusqu'au 30 décembre 2029, avec des calendriers de vesting variés en 2025 et 2026.
Liberty Defense Holdings (TSXV: SCAN, OTCQB: LDDFF) hat angekündigt, dass ihr HEXWAVE-System für einen kritischen Test in einem US-Verbündeten im Nahen Osten ausgewählt wurde. Die Bewertung wird gemeinsam von IWTSD (Irregular Warfare Technical Support Directorate) gesponsert, um die Fähigkeiten zur Erkennung explosiver Bedrohungen, einschließlich metallischer und nicht-metallischer Materialien, zu bewerten.
Das HEXWAVE-System, das eine Technologieinvestition von 50 Millionen Dollar repräsentiert, nutzt Millimeterwellen, fortschrittliche 3D-Bilder und KI, um verborgene Bedrohungen durch ein Durchgangsportal zu erkennen. Mögliche Einsatzbereiche umfassen Grenzschutz, Kontrollpunkte, kritische Einrichtungen, Transport und militärische Anwendungen.
Zusätzlich gewährte das Unternehmen 1.400.000 Aktienoptionen an Direktoren und Führungskräfte, die bis zum 30. Dezember 2029 zu einem Preis von 0,80 Dollar pro Aktie ausgeübt werden können, mit unterschiedlichen Vesting-Zeitplänen im Jahr 2025 und 2026.
- Selected for critical security trial in Middle East with US DoD support
- Potential expansion into multiple high-security applications
- $50 million invested in technology development
- None.
WILMINGTON, Mass., Jan. 08, 2025 (GLOBE NEWSWIRE) -- 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 emerging threats, is pleased to announce that its HEXWAVE system was selected to participate in a critical trial within this US ally country located in the Middle East region. . The US partner and co-sponsor for the evaluation test is IWTSD (Irregular Warfare Technical Support Directorate). Their objective is to identify and develop capabilities for the US Department of Defense (“DoD”) and Interagency customers for important allies. The purpose of the HEXWAVE trial is to determine capabilities for the detection of explosive threats this includes both metallic and non-metallic materials. The potential deployment focus for this customer includes but not limited to: border security, check-points, critical facilities, transportation, and military applications.
The 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.
"Over the past few years, we have been expanding our technology stack investing
In addition, pursuant to the Company's omnibus long-term incentive plan, and subject to regulatory approval, Liberty granted a total of 1,400,000 stock options (the "Options") to certain directors and officers of the Company, effective December 30, 2024. Each Option is exercisable for one common share in the capital of the Company (a "Share") at an exercise price of
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
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
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.
FAQ
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