KPIFF-LDDFF
1 week ago
Liberty Defense Receives Follow on Contract Award from Prestigious US Laboratory
https://www.newswire.ca/news-releases/liberty-defense-receives-follow-on-contract-award-from-prestigious-us-laboratory-891448597.html
https://www.reddit.com/r/LibertyDefense/s/t10WH5BXEd
“
is pleased to announce that it has received a follow on contract award to support a high profile security screening program for high throughput mass transit systems. As previously announced, the Company delivered a HEXWAVE™ system to be integrated into a larger layered security system implementation currently under development. Liberty will be integrating a multi sensor application from the HEXWAVE to this platform to enhance the performance of the layered security approach for this program.
…
“We continue to see demand for the HEXWAVE and it’s multi sensor capabilities across various market verticals,” says Liberty CEO Bill Frain. “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.”
Liberty has deployed its HEXWAVE technology for aviation screening, correctional facilities, protection of national laboratories, and other critical infrastructure applications. “
🤯🤯🤯😂
Don jr
4 weeks ago
Liberty Defense Announces $4.3 Million USD Credit Facility With Parabilis to Support Working Capital
WILMINGTON, Mass., Aug. 22, 2024 /CNW/ - Liberty Defense Holdings Ltd. ("Liberty" or the "Company") (TSXV: SCAN) (OTCQB: LDDFF) (FRANKFURT: LD2A), a leading technology provider of Artificial Intelligence (AI) based next generation detection solutions for protecting secure locations against prohibited weapons and other threats, is pleased to announce that it has secured a term loan and revolving credit facility with US Government funding specialist Parabilis.
Parabilis offers government contract financing solutions, specializing in providing fast, flexible, and affordable lines of credit to small and medium-sized contractors. Leveraging their management team's 100 years of government contracting executive experience, Parabilis aims to support the growth of businesses by addressing the common problem of working capital requirements. Their services enable government contractors to fund rapid growth, bid with confidence, and protect profits, empowering them to realize the profitability they have earned.
Liberty will leverage purchase orders, government contracts and accounts receivables from commercial product sales to support working capital needs
The agreement provides immediate access to cash flow to support production of inventory to meet ongoing demand
https://www.newswire.ca/news-releases/liberty-defense-announces-4-3-million-usd-credit-facility-with-parabilis-to-support-working-capital-867070476.html
Don jr
4 weeks ago
Liberty Defense Displays Impressive Results of the HEXWAVE from On Person Borne Improvised Explosive Device (IED) Scoping Trial
The results were released from a trial held late last year, which was a collaboration between US government agencies, US Military and NATO countries to collect and analyze security detection performance data for the purpose of determining Person Borne IEDs (PBIEDs) detection capabilities of US and European partners for Force Protection. PBIED simulants included metal, clay, sugar, plastics, and wood. Simulated metallic and non-metallic shrapnel were also used. Weapons included inert pistols and an inert rifle, inert hand grenades, various knives, and backpack bombs (simulated using a pressure cooker and metallic Shrapnel).
https://www.newswire.ca/news-releases/liberty-defense-displays-impressive-results-of-the-hexwave-from-on-person-borne-improvised-explosive-device-ied-scoping-trial-881126561.html
Don jr
1 month ago
Share structure
Shares Outstanding 161,419,674
Warrants Outstanding 51,163,214
Options 6,689,597
RSUs 7,404,130
As at March 25, 2024
https://libertydefense.com/investors/share-structure/
Don jr
1 month ago
We have news
Liberty Defense is Pleased to Announce the Delivery of First Units to Support Texas Department of Criminal Justice and the Closing of Previously Announced Financing
WILMINGTON, Mass., Aug. 13, 2024 /CNW/ - 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 threats, is pleased to announce that its HEXWAVE systems were delivered to Linev Systems US for deployment at correctional facilities throughout the state of Texas. This is in support of the purchase of 20 HEXWAVE's by the Texas Department of Criminal Justice (TDCJ). The HEXWAVE units will be deployed at the screening entrances to improve contraband detection capabilities such as weapons, cell phones and drugs while increasing search capacity and consistency.
The selection of Liberty Defense's HEXWAVE technology reaffirms TDCJ's commitment to securing their facilities with a modern-day security approach, ensuring minimized entry wait times and enabling the most secure and safe access for all entering the facilities.
The TDCJ is responsible for the supervision of approximately 155,000 incarcerated inmates. The Texas Department of Corrections contains 51 state prisons along with several other facilities for inmates. Their mission is to provide public safety, promote positive change in inmate behavior, reintegrate inmates into society and assist victims of crime.
https://www.newswire.ca/news-releases/liberty-defense-is-pleased-to-announce-the-delivery-of-first-units-to-support-texas-department-of-criminal-justice-and-the-closing-of-previously-announced-financing-898660895.html
Don jr
1 month ago
Liberty Defense is Pleased To Announce the Completion Of Installations And Start of Operations At Multiple Airports in US and Canada
WILMINGTON, Mass., Aug. 9, 2024 /CNW/ - 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 threats, is pleased to announce that its HEXWAVE system were installed and put into operation at Rochester and Manchester Airports to screen aviation workers as part of the new TSA Mandate on Employee Screening. Units have also been installed at Toronto's Pearson International Airport.
In April 2023, a mandate was issued requiring U.S. airports to adopt physical screening procedures for employees with access to secure-side areas of the airport. The mandate was further reinforced by a U.S. Court of Appeals decision denying airports the ability to delay the screening process. To implement screening for aviation workers, airports will need technologies that provide a broad range of threat detection that can meet the current screening requirements and those mandated for the future.
In addition, the Company has shipped initial units to support the order from Texas Department of Criminal Justice (TDCJ) to screen staff and visitors that will enter correctional facilities.
https://www.newswire.ca/news-releases/liberty-defense-is-pleased-to-announce-the-completion-of-installations-and-start-of-operations-at-multiple-airports-in-us-and-canada-818449499.html
Don jr
1 month ago
I think we have a better product than EVOLV and they are making $$
EVOLV earnings today
Q2 Revenue of $25.5 million, up 29% year-over-year
Q2 Ending ARR1 of $88.9 million, up 64% year-over-year
Q2 Ending RPO2 of $262.9 million, up 33% year-over-year
Q2 Ending Evolv Express® subscriptions of 5,323, up 57% year-over-year
Don jr
2 months ago
Some interesting articles on scanners in NY and Im sure would be no different if deployed in California.its a constant test. I would think that if you have a tiny flaw
they will find it. But grease some palms is an interesting thought.
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The Evolv scanner — a sleek-looking weapons detector using artificial intelligence to search riders for guns and knives — was on display at a lower Manhattan subway station where Mayor Eric Adams announced the 30-day trial.
“This is good technology,” Adams said at Fulton Center near the World Trade Center.
https://apnews.com/article/subway-guns-detection-ai-new-york-city-6104a9285d74ae1d80c8c2166da3ac17#:~:text=The%20Evolv%20scanner%20%E2%80%94%20a%20sleek,near%20the%20World%20Trade%20Center.
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Mayor Eric Adams’ controversial plan to install gun-detecting tech in the Big Apple’s beleaguered transit system was booted up Friday in lower Manhattan.
The weapons scanner pilot program from company Evolv, which was unveiled by the tech-loving mayor in March, went live in the Fulton Street station at around 4 p.m., ahead of the evening commute.
A Post reporter observed passengers forking over their handbags and backpacks to police for inspection before they passed through the electronic detector, where there was a sea of additional officers waiting on the other side. Once cleared, they walked back and retrieved their items.
One police officer wearing rubber gloves was seen thoroughly searching one straphanger’s black backpack, carefully going through each pocket.
https://nypost.com/2024/07/26/us-news/controversial-gun-detecting-tech-goes-live-at-nycs-fulton-street-subway-station/
https://www.nydailynews.com/2024/07/26/nypd-rolls-out-weapons-detectors-at-mta-subway-station-in-lower-manhattan-evolv-fulton-street/
KPIFF-LDDFF
2 months ago
The advanced technologies transforming weapons detection
https://internationalsecurityjournal.com/liberty-defense-weapons-detection/
International Security Journal hears from Bill Frain, CEO, Liberty Defense
Liberty Defense (@LibDefense) posted at 9:17 AM on Tue, Jul 16, 2024:
The Advanced Technologies Transforming Weapons Detection:
Great feature on Liberty Defense by @IntSecJournal
https://t.co/SFKtSaeK8W
(The Advanced Technologies Transforming Weapons Detection:
Great feature on Liberty Defense by @IntSecJournal https://t.co/SFKtSaeK8W— Liberty Defense (@LibDefense) July 16, 2024
)
https://www.reddit.com/r/LibertyDefense/s/A1IRGKIekM
Don jr
3 months ago
Liberty Defense Delivers Record Number of HEXWAVE's to Customer Locations
WILMINGTON, Mass, July 2, 2024 /CNW/ - 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 threats, is pleased to announce that recognized record revenue and delivery of it's HEXWAVE system in the month of June. The deliveries supported customers for aviation employee screening as well as commercial applications in the US, Canada and internationally.
https://www.newswire.ca/news-releases/liberty-defense-delivers-record-number-of-hexwave-s-to-customer-locations-847454281.html
Don jr
3 months ago
Their X page "old Twitter" shows a demo earlier this week
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Liberty Defense
@LibDefense
·
Jun 18
Great morning demonstrating HEXWAVE next generation security screening technology and HD-AIT to senior aviation executives from Bangladesh, Brazil, Fiji, Maldives, Philippines, Samoa, Thailand and Ukraine as part of the U.S. Trade and Development Agency (USTDA) Worldwide TSA.
https://x.com/LibDefense