tiprankstipranks
Liberty Defense Secures $4.3M to Boost Capital
Company Announcements

Liberty Defense Secures $4.3M to Boost Capital

Story Highlights

Liberty Defense Holdings (TSE:SCAN) has released an update.

Don't Miss our Black Friday Offers:

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.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskLiberty Defense Announces Share Consolidation Plan
TipRanks Canadian Auto-Generated NewsdeskLiberty Defense Holdings Unveils Transformation Strategy
TipRanks Canadian Auto-Generated NewsdeskLiberty Defense Launches C$2.4M Private Placement
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App