Liberty Defense Expands HEXWAVE Distribution with Point Security Partnership

An announcement from Liberty Defense Holdings ( (TSE:SCAN) ) is now available.

Liberty Defense Holdings has entered into a strategic distribution agreement with Point Security Inc. to introduce its HEXWAVE system to U.S. airports and urban security markets. This partnership aims to enhance Point Security’s offerings with advanced threat detection capabilities, potentially expanding Liberty Defense’s market reach and revenue growth.

More about Liberty Defense Holdings

Liberty Defense Holdings Ltd. is a leading provider of multi-technology security solutions focused on detecting concealed weapons in high traffic areas such as airports, stadiums, and schools. Their flagship product, HEXWAVE, utilizes advanced AI and 3D imaging technologies to identify both metallic and non-metallic threats. The company is also developing next-generation aviation passenger screening technologies.

YTD Price Performance: 66.35%

Average Trading Volume: 90,233

Technical Sentiment Signal: Hold

Current Market Cap: $42.66M

For detailed information about SCAN stock, go to TipRanks’ Stock Analysis page.