Liberty Defense Holdings (TSE:SCAN) has released an update.
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Liberty Defense Holdings Ltd. has obtained a $4.3 million USD credit facility from Parabilis to enhance its working capital, ensuring the company can meet the growing demand for its cutting-edge AI-based detection technology. The financial boost will enable Liberty to increase inventory production and maintain working capital, supporting sales of its HEXWAVE product and furthering the commercialization of its High-Definition AIT upgrade kit planned for airports in 2025.
For further insights into TSE:SCAN stock, check out TipRanks’ Stock Analysis page.
