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Liberty Defense Holdings Ltd (4)
Symbol SCAN
Shares Issued 5,681,983
Close 2026-10-06 C$ 2.80
Market Cap C$ 15,909,552
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Liberty Defense Holdings awarded two U.S. contracts

2026-10-06 17:52 ET - News Release

Mr. Bill Frain reports

LIBERTY DEFENSE ADDS HEXWAVE CUSTOMERS IN COURTS AND CORRECTIONS FOLLOWING ENTRY INTO COMMERCIAL LOSS PREVENTION

Liberty Defense Holdings Ltd.'s Hexwave has been selected by one of the largest state court systems in the country and by a state department of corrections. The combined initial awards for four Hexwave's will be deployed at the various sights over the next few months.

The court system will deploy Hexwave at an active courthouse in the first phase of a program whose results could lead to consideration at additional facilities. Court personnel, jurors and the public share one entrance and threats now include non-metallic weapons such as ceramic knives and 3-D-printed guns.

The corrections award covers three facilities under one department, including one scheduled to open in 2027 with screening built into its design. Staff, residents and visitors pass through controlled entrances, much of the contraband officers look for is not metal and Hexwave screens without physical contact.

Both selections follow Liberty's Sept. 16 announcement of a multisite agreement with a third party logistics, warehousing and manufacturing provider, which marked the company's entry into commercial loss prevention. Together they add to a footprint that already spans aviation, government buildings, courthouses, correctional facilities and commercial venues, including nine airports for aviation worker screening. Hexwave is deployed at approximately 20 sites in five countries, with more than 40 units in the field.

"Courts, corrections and loss prevention each have their own reason to screen," said Bill Frain, chief executive officer of Liberty Defense. "A courthouse is focused on public safety, a corrections department on contraband and a distribution operation on inventory loss and Hexwave fits all three entrances. Every selection gives us a model for similar operators. These recent announcements align with our market vertical focus of protecting people and assets for aviation worker screening, courthouses, correctional facilities and loss prevention."

Hexwave detects metallic and non-metallic threats and contraband concealed on people, including liquids, powders and vapes, using millimetre wave technology and artificial-intelligence-based automatic threat detection. The operator sees a generic body outline marking where an item was detected and Hexwave stores no images or personal information. It is designed as one layer of a site's security program.

About Liberty Defense Holdings Ltd.

provides multitechnology security solutions for concealed weapons detection in high-volume foot traffic areas and locations requiring enhanced security in public places.

We seek Safe Harbor.

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