Mentioned:
There’s a massive need for more technology focused on public safety in the United States of America. And Liberty Defense is on the leading edge of it.
What’s happening:
- Liberty Defense (TSXV: SCAN) has announced they have successfully delivered nine HEXWAVE units in their most recent quarter
Why it matters:
- HEXWAVE is one of the most advanced hardwares devices available in the United States of America for rapidly detecting concealed non-metallic and metallic weapons in public spaces
Going deeper:
- HEXWAVE units were shipped by Liberty Defense to fulfil contracts with a courthouse, multiple airports and an existing distribution partner
- Liberty Defense just recently successfully raised $5M CAD in a new equity financing round to accelerate the expansion of their HEXWAVE units into more locations in the United States of America, as well as scaling up the manufacturing of new HEXWAVE systems to keep up with demand and an existing backlog of fifty individual purchase orders
The intrigue:
- Liberty Defense also just recently made waves when they added The Honourable Mary Beth Long to their strategic advisory board, who is notably a board member of defense tech giant AeroVironment (NASDAQ: AVAV) as well as the former Assistant Secretary of Defense for International Security Affairs at the United States Department of Defense
