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Liberty Defense Secures Contract for HEXWAVE Screening Systems at U.S. State Capitol

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Liberty Defense Secures Contract for HEXWAVE Screening Systems at U.S. State Capitol

TipRanks Cyber Monday Sale

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

Liberty Defense Holdings Ltd. has secured a contract to supply three HEXWAVE walkthrough screening systems to a U.S. State Capitol complex in the Northeast, enhancing security for officials, employees, and visitors at two high-traffic government buildings. The HEXWAVE system, which uses active millimeter-wave imaging and AI, was chosen through a competitive tender process and is designed for rapid, contactless, high-throughput screening, integrating with existing security workflows to detect a wide range of concealed threats. This contract win underscores Liberty Defense’s positioning as a key player in modernizing public-sector security screening solutions.

The most recent analyst rating on (TSE:SCAN) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Liberty Defense Holdings stock, see the TSE:SCAN Stock Forecast page.

Spark’s Take on TSE:SCAN Stock

According to Spark, TipRanks’ AI Analyst, TSE:SCAN is a Neutral.

Liberty Defense Holdings faces significant financial challenges, with weak profitability and financial stability being the most critical factors. While technical indicators show some positive momentum, the overall financial health and valuation concerns weigh heavily on the stock’s attractiveness.

To see Spark’s full report on TSE:SCAN stock, click here.

More about Liberty Defense Holdings

Liberty Defense Holdings Ltd. is a leading technology provider specializing in AI-based next-generation detection solutions for concealed weapons and threats. The company offers multi-technology security solutions for high volume foot traffic areas and locations requiring enhanced security, such as airports, stadiums, and schools. Liberty’s flagship product, HEXWAVE, uses advanced millimeter-wave imaging and AI to provide discrete, modular, and scalable protection, and the company has secured exclusive licenses and technology transfer agreements for related technologies.

YTD Price Performance: -61.84%

Average Trading Volume: 706,443

Technical Sentiment Signal: Sell

Current Market Cap: C$20.88M

For a thorough assessment of SCAN stock, go to TipRanks’ Stock Analysis page.

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