HEXWAVE security system
(Source: Liberty Defense Holdings Ltd.)
  • Liberty Defense (TSXV:SCAN) received a follow-on contract to support a security screening program for high throughput mass transit systems
  • The Vancouver-based tech company delivered its HEXWAVE system to be integrated into a larger layered security system implementation currently under development
  • Liberty is working to integrate a multi sensor application from the HEXWAVE to this platform to enhance the performance of the layered security approach for this program
  • Shares of Liberty Defense Holdings Ltd. opened trading at $0.08

Liberty Defense (TSXV:SCAN) received a follow-on contract to support a security screening program for high throughput mass transit systems.  

The Vancouver-based tech company stated the contract was awarded from a well-established U.S. laboratory and delivered its HEXWAVE system to be integrated into a larger layered security system implementation currently under development. Liberty is working to integrate a multi sensor application from the HEXWAVE to this platform to enhance the performance of the layered security approach for this program.

HEXWAVE uses millimetre-wave technology, advanced 3D imaging, and artificial intelligence to identify concealed weapons, metallic and non-metallic, as well as other prohibited items. This technology facilitates swift and automated screening through a high-capacity, hands-free, walk-through portal. In addition to aviation, HEXWAVE is deployed in various high-security locations, including judicial buildings, national laboratories, correctional facilities, and government installations.

Liberty Defense has noted a growing adoption of HEXWAVE across numerous security-sensitive sectors, such as courthouses, national laboratories, prisons, government facilities and aviation entry points

“We continue to see demand for the HEXWAVE and its multi sensor capabilities across various market verticals,” the company’s CEO, Bill Frain, explained in a news release. “This is a perfect implementation for the HEXWAVE as we can provide multiple forms of data to enhance the detection and overall performance of an integrated security screening platform.”

Shares of Liberty Defense Holdings Ltd. (TSXV:SCAN) opened trading at $0.08.

Join the discussion: Find out what everybody’s saying about this stock on the Liberty Defense Holdings Ltd. Bullboard investor discussion forum, and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

(Top photo of the HEXWAVE system: Liberty Defense Holdings Ltd.)


More From The Market Online
Quantum computer

Quantum eMotion leaps by 20 per cent after Becton Dickinson deal

Cybersecurity stock Quantum eMotion (TSXV:QNC) takes a major step in the go-to-market strategy for its Sentry-Q platform.
An AI generated photo of a stethoscope on a computerized setting

How one company is disrupting PoC testing

When it comes to Gemina Laboratories Ltd. (CSE:GLAB), the Canada and U.K.-based company is progressing a range of PoC diagnostic technologies.
AI generated stock image

Investing in Canadian medical stocks under $10

Healthcare stocks in Canada are publicly traded companies that operate in various sectors of the healthcare industry.
Bear and bull statues wearing Christmas hats

@ the Bell: TSX advances to start off Christmas trading week

Canada’s TSX index closed higher on Monday thanks to large-cap gains, despite weakness in real estate and telecom stocks.