Liberty Defense Holdings Ltd (QB) (LDDFF) News

Last time we made it that low…
It did something several have suggested will happen again (I don’t think I can handle another). Under 8 is nice, wouldn’t mind lowering my average a bit more not sure that I will though.

Could not resist, picked some up under .08. Getting close to that .05 but I kinda doubt it will hit it. Eh never know

🤞

No need to rely on belief…our results of the NATO trial are still classified for Day 2&3: once released there will be no question (don’t think Evolv participated).

I'm disappointed that our sales team was not able to do a side by side deployment of the HexWave unit in the Big Apple experiment.. Winning that competition would have provided enormous bragging rights... that is, of course, relying on the belief that our technology is superior.

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.
............................................................................................................................................................................................................
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/

Time to grease a few influential NY politicians palms.

On the "Fact Sheet" they list open events under target market.

https://libertydefense.com/wp-content/uploads/Liberty-Defense-Fact-Sheet-April-2024.pdf

Going to be interesting in a few weeks (month?) when New York decides on the scanners they are going with. Same fact sheet says Hexwave designed for subway
which is what NY is looking for. And Evolv said their scanner is not meant for subways.

Currently this has all the attributes of a diamond in the rough. We sure could have used a few at Butler, Pa.

Going to take a few things to get it rolling.

List for 2024 on latest Video

delivery to NY airport at 10:15 mark
backlog amount and its valuation 37 min mark
and getting a manufacturer at 38 min mark
market cap comments at 40:45 mark
Up list was one at 40 min mark

100m? How’d you get to there? 20 orders sent the stock down. They need to uplist

This news along with the 60+ backlog this year should be enough to push this to 100+ mil market cap by years end. Would be nice to see a couple more news releases soon, I do think they were expecting to announce the delivery of the Hexwave to the New York airport in July. So thats this week or next.

Texas Department of Criminal Justice Selects Liberty Defense's HEXWAVE for Checkpoint Security Screening at Correctional Facilities Across Texas

https://www.newswire.ca/news-releases/texas-department-of-criminal-justice-selects-liberty-defense-s-hexwave-for-checkpoint-security-screening-at-correctional-facilities-across-texas-883515384.html

https://www.reddit.com/r/LibertyDefense/s/SKrTDvFMb7


“

is pleased to announce that its HEXWAVE system was selected by Texas Department of Criminal Justice (TDCJ) to screen staff and visitors who enter correctional facilities. The award is for twenty (20) HEXWAVE units that will be used at facilities throughout the state.

The order was received with our distribution partner Viken Detection after LINEV Systems U.S. won the contract in a competitive public tender in the State of Texas. The HEXWAVE units will be deployed at the screening entrances to improve contraband detection capabilities 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.

“

Good article

Even though the mandate has been moved to 4/2026 airports with the money can purchase the Hexwave today.
................
Major airports are at the forefront of embracing advanced detection technologies. The federal mandate for employee screening at major airports by April 2026 underscores the industry’s commitment to comprehensive security.

https://internationalsecurityjournal.com/liberty-defense-weapons-detection/

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

They are slow rolling it, that’s my only conclusion at this point…biding time

They should add numbers to the news reports either amount of scanners shipped or a dollar figure of shipped scanners.
And one thing for sure is to release news at 7am not 8......just thinking here

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

Liberty Announces Update to Special Warrant Offering

https://www.newswire.ca/news-releases/liberty-announces-update-to-special-warrant-offering-860827871.html

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

U.S Airports Deploying Liberty's HEXWAVE for Employee Screening

Courtesy of Steve_wasi:
https://stocktwits.com/Steve_wasi/message/576463564


https://finance.yahoo.com/news/u-airports-deploying-libertys-hexwave-120000207.html


https://www.reddit.com/r/LibertyDefense/s/0045z9VCxq


"

a leading technology provider of AI-based next generation detection solutions for concealed weapons and threats, will be deploying HEXWAVE to US airports in July to meet TSA's National Amendment for Aviation Worker Security Screening.

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.

Liberty Defense recently announced awards for multiple HEXWAVE's to be deployed at Rochester International Airport and Manchester-Boston Regional Airport. The Company is actively working with several major airports on their screening requirements and anticipates a continuous order flow for the next twelve months as airports finalize their plans. Based on a third-party assessment, the major CAT X, I and II airports in the U.S. would require a total of approximately 500 systems to meet the screening requirements.

Unlike weapon detection technology, HEXWAVE uses millimeter wave, advanced 3D imaging and AI to detect all types of concealed metallic and non-metallic threats and other prohibited items – without the passenger having to divest common items. The system allows for rapid, automated screening using a high-throughput, contactless, walkthrough portal to detect liquid, powder and plastic explosives, 3D printed ghost guns and other threats of concern today that enhanced metal detectors on the market cannot detect.

"Insider threat is a real risk, and we are excited to be working with airports looking to implement next generation technology like the HEXWAVE" said Bill Frain, CEO of Liberty Defense. "The common goal is to provide security while maintaining a seamless process for the employees. The flexibility and portability of the HEXWAVE allows the Airport to quickly deploy and move the HEXWAVE to help meet security screening requirements to areas inside the Airport."

...

The proceeds from the Offering will be used to fund the production of HEXWAVE units (approximately $1 million) and for general corporate and administrative purposes ($500,000).

"

According to Liberty there are 514 airports which is on slide 12 of this presentation

https://libertydefense.com/wp-content/uploads/Liberty-Defense-Investor-Deck-April-2024.pdf

and since it looks like the airport scanners are going to be out of this budget that could be a starting point of around 50 million dollars. Can Liberty lock in all the airports? And as usual dealing with the government all this could change yesterday.

How much of this funding will find its way into Liberty cash register?

Airport Alert: House Appropriations Committee Releases FY 2025 DHS/TSA/CBP Report; Key Provision Included on Aviation Worker Screening

https://aaae.org/airport-alerts/airport_061124?hsLang=en

The question is, will our production meet the urgent need? If competition is more nimble, they could gain traction.

I am fairly certain the Liberty Advisors have pre existing relationships with all the acronyms listed too…🤔🤔🤔

Hope we get a piece of that.

Airport Alert: House Subcommittee Approves FY25 DHS Appropriations Bill; Good News for Airports

House Subcommittee Approves FY25 DHS Appropriations Bill
June 4, 2024


After a brief markup that largely focused on border and immigration issues, the House Department of Homeland Security Appropriations Subcommittee approved its fiscal year 2025 (FY25) spending bill by voice vote. The bill provides $64.81 billion, $2.2 billion above the budget request for DHS, including TSA and CBP.

https://aaae.org/airport-alerts/airport_060424?hsLang=en

Q1 financials are usually in late May, soon I would think?

https://libertydefense.com/investors/financial-reports/

It seems like we are entering a period when a true professional operations manager is critical. Failure to satisfy demand would dampen product appeal.

I’m more interested in Frain’s response around the 36’ mark… RFP’s they are responding to, and awards in the coming months, lots of activity, etc.

I know this is great news but thinking out loud here we have a facility or head quarters that can produce about 60 Hexwaves with a backlog around 60 yet still announcing more sales. And additional manufacturing not coming online until 4th quarter when agreement established. The potential for further sales seems way beyond numbers announced already. There just seems to be a element of urgency missing in manufacturing unless there is a larger player with Liberty yet to be announced. Interesting,,,thoughts anyone

More news…🤔🤔🤔

https://www.reddit.com/r/LibertyDefense/s/qcknyG0fDj


“

pleased to announce that its HEXWAVE system was selected by Manchester-Boston Regional Airport ("MHT" or the "Airport") to deploy the HEXWAVE to meet the TSA's National Amendment for Aviation Worker Security Screening.

Strategically situated in the heart of New England, Manchester-Boston Regional Airport is located less than fifty miles north of Boston, Massachusetts, and less than an hour's drive from the region's most popular ski areas, scenic seacoast beaches and peaceful lakefront resorts. MHT is the premier aviation gateway for the region and was recently named #1 Best Domestic Airport in the country by Travel + Leisure's World's Best Awards 2023.

With the recent release of the TSA mandate 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.

"As industry leaders, we are excited to acquire the HEXWAVE system to use in our broader airport security program," said MHT Airport Director Ted Kitchens, A.A.E. "The portability of the HEXWAVE solution will provide enhanced security in non-traditional areas of the airport. We are excited to work with Liberty Defense, as we are continually looking to innovate and improve the overall safety of our airport."

“

Liberty Defense Receives Contract for Multiple HEXWAVE's from Manchester-Boston Regional Airport

https://www.newswire.ca/news-releases/liberty-defense-receives-contract-for-multiple-hexwave-s-from-manchester-boston-regional-airport-837273061.html

Sounds like New York needs a detection system for liquid explosives.
........................................................

Man accused in fiery liquid attacks on New York City subway riders

https://www.msn.com/en-us/news/crime/man-accused-in-fiery-liquid-attacks-on-new-york-city-subway-riders/ar-BB1n597V?OCID=ansmsnnews11

Frain does great in front of the camera, that last webinar was great he put out some really good info. I’m getting antsy …hoping for a chance to double down 🤑

On the webinar starting around the 39 min mark Bill mentions what he thinks the current MC of the company should be and that is around 100 mil, with that said we are way undervalued at 12 cents. Also mentioned
Backlog of around 60 machines
Contract manufacturing by 4th quarter of 2024
NASDAQ up listing in 2024

I traveled through a little town called Tatamy yesterday, Im thinking more eastern central Pa. That place is building mega warehouses all along rt33.for the past 20 years and still building today. They even have a Amazon distribution center next to the hi way.You are right this eastern Pa could be a sweet spot for Liberty.
This is map location but I never posted one before so ill see if it works, anyway its above or north of rt 78 and once the part of rt 78 was completed the eastern region of Pa has seen tremendous growth.

https://www.google.com/maps/[@ userid=75].2748395,3323m/data=!3m1!1e3?authuser=0&entry=ttu

I did tune into the webinar. It was a fairly impressive revenue road map, and I found myself thinking of low-cost next step production expansion location possibilities. Northeast PA has been exploding for some very compelling reasons.

The Webinar from Thursday, around the 9 minute mark Bill does talk about production.

Northeast Pennsylvania has recently emerged as a distribution meca for countless major companies. Proximity to interstate highways and PA turnpike provide immediate and efficient distribution. Very favorable tax accommodations and workforce candidates round out the attractiveness. All the components for a fledgling company to expand rapidly.

They prepped for large orders, both Daryl on IIF conference and Frain on his last mentioned “contract manufacturers”. No need for those without BIG expectations…
And we just went international too

That would be huge for Liberty hope they would be able to handle orders that size.
The alternative for NY would be hang a sign saying saying "Ghost guns and Solid explosives " NOT allowed through scanner

I did NOT, but I assume we just got La Guardia and I expect DHS (FOVEA video) to land us most of that.

Scroll to Comparables

https://libertydefense.com/wp-content/uploads/Liberty-Defense-Fact-Sheet-April-2024.pdf

Did you see the article in WIRED about scanners in NY.

https://www.wired.com/story/evolv-gun-detection-nyc-subways-emails/

I really won’t be able to double down cheap…🥹


https://www.reddit.com/r/LibertyDefense/s/BGWUdnBwD0

“

is pleased to announce that its HEXWAVE™ system has been purchased by a major international airport in New York to support its aviation worker security screening program.

"We are thrilled to have received the award following a public tender and to be chose to support the airports aviation worker screening requirements," said Bill Frain, CEO of Liberty Defense. "The flexibility and comprehensive detection capability that HEXWAVE offers are driving widespread interest in the system from across the aviation sector. It is highly portable and can be rapidly deployed both indoors and outdoors to seamlessly facilitate screening in various areas of the airport."

In April 2023, Transportation Security Administration (TSA) issued an Airport Security Program National Amendment, which will require U.S. airport to adopt physical screening procedures for employees with access to secure-side areas.

HEXWAVE enables rapid, automated, high-throughput screening using a contactless, walkthrough portal that can detect a diverse range of threats well beyond what enhanced metal detectors on the market can detect. It uses millimeter wave, advanced 3D imaging, and AI to detect all types of concealed threats, including both metal and non-metal items, liquids, powders, plastic explosives, 3D-printed ghost guns, and other novel threats or prohibited items – without the passenger having to divest common items like keys, wallets, or phones

Liberty Defense Completes Sale of HEXWAVE to Major US International Airport

https://www.newswire.ca/news-releases/liberty-defense-completes-sale-of-hexwave-to-major-us-international-airport-832281231.html

Post from FORTUNE (@FortuneMagazine)
FORTUNE (@FortuneMagazine) posted at 10:46 AM on Thu, May 09, 2024:
"AI isn’t destroying jobs in aviation—it’s giving us superpowers to improve air travel," writes Brian Tossan, the CTO of Greater Toronto Airport Authority. https://t.co/4lCw8mfyuY
("AI isn’t destroying jobs in aviation—it’s giving us superpowers to improve air travel," writes Brian Tossan, the CTO of Greater Toronto Airport Authority. https://t.co/4lCw8mfyuY— FORTUNE (@FortuneMagazine) May 9, 2024 ) 


I’m the CTO of Canada’s biggest airport. AI isn’t destroying jobs in aviation—it’s giving us superpowers to improve air travel

https://fortune.com/2024/05/09/aviation-ai-airports-technology-airlines-air-travel/

Guess doubling down

Liberty Defense Announces Award of HEXWAVE to Latin America

https://www.newswire.ca/news-releases/liberty-defense-announces-award-of-hexwave-to-latin-america-825091211.html