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LIBERTY DEFENSE HLDGS LTD - LDDFF STOCK NEWS

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Liberty Defense Holdings Ltd. (LDDFF) is a leading technology provider of AI-based next-generation detection solutions for safeguarding secure locations against prohibited weapons and threats. They have recently received additional funding from the Transportation Security Administration (TSA) to develop a High-Definition Advanced Imaging Technology (HD-AIT) upgrade kit for passenger screening systems, offering greater threat detection and a lower false alarm rate. The company is committed to enhancing aviation security through innovative solutions like HEXWAVE, a discrete, modular, and scalable detection system that provides layered protection against metallic and non-metallic threats.

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Liberty Defense Holdings Ltd. (OTCQB: LDDFF) announced that the Port of Oakland is set to evaluate the HEXWAVE™ system for employee screening at Oakland International Airport. This advanced security technology utilizes millimeter wave and AI for detecting concealed weapons, enhancing safety without requiring individuals to divest common items. The Port of Oakland, which significantly impacts the local economy, expressed interest in HEXWAVE's capacity to improve screening processes. Liberty Defense's CEO highlighted the flexibility and quick deployment advantages of HEXWAVE in security protocols.

The company, committed to enhancing community safety, aims to develop cutting-edge detection solutions in high-traffic locations.

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Liberty Defense Holdings Ltd. (OTCQB: LDDFF) has announced a letter of intent from a large corporation to purchase its HEXWAVE™ system for enhanced security screening at a US facility. The HEXWAVE technology utilizes AI and advanced imaging to detect concealed threats without requiring individuals to divest personal items. CEO Bill Frain highlighted the growing demand for HEXWAVE across various sectors and emphasized the system's adaptability to customer needs. Liberty's focus on next-gen security solutions is supported by its exclusive licensing agreements with MIT for active radar imaging technology.

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Liberty Defense Holdings Ltd. has announced a Letter of Intent from the Greater Toronto Airports Authority (GTAA) to acquire the HEXWAVE walkthrough security detection portal for use at Toronto Pearson International Airport. This will make it the first airport globally to implement this innovative security technology, which utilizes advanced 3D imaging and AI to detect concealed weapons without requiring passengers to divest common items. The HEXWAVE is expected to enhance the airport's security protocols following further evaluation. Liberty Defense aims to address increasing security demands across various sectors, including airports.

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FAQ

What is the current stock price of LIBERTY DEFENSE HLDGS (LDDFF)?

The current stock price of LIBERTY DEFENSE HLDGS (LDDFF) is $0.11655 as of May 21, 2024.

What is the market cap of LIBERTY DEFENSE HLDGS (LDDFF)?

The market cap of LIBERTY DEFENSE HLDGS (LDDFF) is approximately 18.9M.

What does Liberty Defense Holdings Ltd. offer?

Liberty Defense provides AI-based next-generation detection solutions for safeguarding secure locations against prohibited weapons and threats.

What recent achievement has Liberty Defense had?

The company received additional funding from the TSA to develop a High-Definition Advanced Imaging Technology (HD-AIT) upgrade kit for passenger screening systems.

What is HEXWAVE?

HEXWAVE is a discreet, modular, and scalable detection system that offers layered protection against metallic and non-metallic threats.

What is the focus of the TSA's On-Person Screening program?

The TSA's program aims to detect a wide range of threats with fewer false alarms and less physical contact, improving the passenger screening experience.

What is Open Architecture (OA)?

OA is a technology-design approach that uses widely accepted standards for software and hardware to ensure interoperability across platforms, regardless of the technology provider.

LIBERTY DEFENSE HLDGS LTD

OTC:LDDFF

LDDFF Rankings

LDDFF Stock Data

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