What’s Next for this Provider of AI-Based NextGen Detection Solutions?

By: Dylan Sikes – AllPennyStocks.com News

Thursday, March 7, 2024

This firm provides multi-technology security solutions for concealed weapons detection in high-volume foot traffic areas and locations requiring enhanced security. And it just received formal FCC approval for its next-gen threat detection system.

Liberty Defense Holdings Ltd. (TSXV: SCAN) (OTCQB: LDDFF) is a leading technology provider of AI-based next-generation detection solutions for concealed weapons and threats, and they just announced in a press release that their product, HEXWAVE™, was granted a formal equipment authorization approval from the Federal Communications Commission (FCC). This is another important milestone for the firm’s ultra-wideband product technology.

Using a next-gen, contactless, walkthrough threat detection system, HEXWAVE uses low-power radar imaging, along with AI and a computing platform, to detect concealed metallic and non-metallic threats at speed, providing automated decisions to security operators. Liberty has already sold the HEXWAVE to multiple market verticals, including courthouses, aviation, national labs, prisons and government facilities.

U.S. shares closed Wednesday at $0.092, and Canadian traded at $0.125.

Copyright © 2024 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.