LIBERTY DEFENSE HLDGS LTD - LDDFF STOCK NEWS

Liberty Defense Holdings Ltd. announced the sale of its first HEXWAVE system to LINEV Systems US, Inc. on January 24, 2023. This partnership aims to bring advanced contraband detection technology to the corrections industry. HEXWAVE is a touchless, non-ionizing solution designed for screening staff and visitors in corrections facilities, enhancing security while addressing potential threats. After investing $40 million in development, production is set to commence in Q1 2023, with initial unit deliveries expected in Q2. The integration of HEXWAVE with LINEV Systems aligns with Liberty's goal to expand its market presence in high-security environments.

Liberty Defense Holdings Ltd. (OTCQB: LDDFF) has completed successful beta testing of its HEXWAVE™ technology across various significant locations in the US, including the University of Wisconsin and state capitol buildings. The trials screened approximately 10,000 individuals, demonstrating high throughput and enhanced detection capabilities without requiring users to divest common items. Feedback from these tests has led to improvements in system configuration and AI algorithms, which are necessary for the upcoming commercial product release slated for Q1 2023. The company aims to provide advanced solutions for both passenger and employee security, addressing insider threats in urban and aviation settings.

Liberty Defense Holdings Ltd. (OTCQB: LDDFF) announced the commencement of beta testing for its HEXWAVE security screening solution at the University of Wisconsin–Madison. The testing, taking place at a major sporting event this week, aims to evaluate HEXWAVE's capacity to detect concealed weapons and other threats. The system allows for quick passage without the need to divest personal items, streamlining security processes. Liberty has previously conducted trials at various high-profile venues, reinforcing its commitment to advanced security solutions.

Liberty Defense Holdings Ltd. has reported successful beta tests of its HEXWAVE™ technology for concealed weapon detection, screening approximately 8,000 individuals at key locations, including Toronto Pearson International Airport. The company anticipates reaching 10,000 screenings as it continues trials into 2023 with increased demand from clients. HEXWAVE showed high detection performance, eliminating the need for users to divest common items during screening. Liberty is on track for production of commercial units in Q1 2023 and aims for initial system deliveries in Q2 2023.

Liberty Defense Holdings Ltd. (LDDFF) has been awarded the 'ASTORS' Homeland Security Award in gold for Best Weapons Detection Solution for its HEXWAVE™ system. This recognition highlights the effectiveness of HEXWAVE, which utilizes advanced technology to detect both metal and non-metal threats. Additionally, the company's leadership has shown confidence by purchasing 800,000 shares in recent financing. Liberty completed a private placement of 475,000 units at $0.275 each, with CEO Bill Frain investing $110,000 in 400,000 units.

Liberty Defense Holdings Ltd. has initiated beta testing of its HEXWAVE security system at Toronto Pearson International Airport, marking it as Canada's first trial of this technology. The testing began on November 1, 2022, and will run for two weeks. HEXWAVE is designed to enhance airport security by detecting concealed weapons without requiring passengers to remove items from pockets. Its AI-driven system promises a seamless experience while providing real-time threat assessments. The Greater Toronto Airports Authority supports this move, emphasizing technology's role in balancing security and customer experience.

Liberty Defense Holdings Ltd. has secured a $1.75 million contract from the Transportation Security Administration (TSA) to develop a prototype for a High-Definition Advanced Imaging Technology (HD-AIT) upgrade kit aimed at enhancing airport security screening. This initiative seeks to improve threat detection while reducing false alarms, ultimately enhancing the passenger experience during security checks. Liberty's innovative technology, previously licensed from the Pacific Northwest National Laboratory, will be developed in-house by their engineering team.

Liberty Defense Holdings Ltd. has announced a collaborative agreement to beta test its HEXWAVE™ system with a major US airline starting next month. The beta testing will occur in the airline's employee screening area at a major international airport. HEXWAVE is designed to detect hidden weapons and other threats using advanced technologies such as millimeter wave imaging and AI. The trial aims to gather feedback from the airline while enhancing security protocols. Liberty also plans additional beta tests at various high-traffic venues, continuing until the end of Q4 2022.

Liberty Defense Holdings Ltd. (OTCQB: LDDFF) announced the initiation of on-site beta testing for its HEXWAVE technology at the Camden Yards Sports Complex in Baltimore, in collaboration with the Maryland Stadium Authority. The testing will focus on screening employees and VIPs prior to MLB events, aiming to enhance security through a walkthrough portal capable of detecting both metal and non-metal threats. The trial will last 12 weeks, with additional tests planned in various settings. Liberty emphasizes the potential to adapt HEXWAVE's AI algorithms based on real-world data from this trial.