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Liberty Defense Holdings ( (TSE:SCAN) ) has shared an announcement.
Liberty Defense Holdings announced that it has received a formal waiver authorization approval from the FCC for its High-Definition Advanced Imaging Technology (HD-AIT) upgrade kit. This milestone supports the company’s efforts to commercialize its ultra-wideband imaging technology, potentially upgrading existing body scanners at US airports. This development aligns with ongoing support from the Transportation Security Administration and represents a significant step in enhancing security screening as passenger traffic increases.
More about Liberty Defense Holdings
Liberty Defense Holdings is a leading technology provider offering AI-based detection solutions for concealed weapons and threats. The company focuses on security solutions for high-volume foot traffic areas and locations requiring enhanced security, such as airports and stadiums. It has secured licenses and agreements for advanced imaging technologies, including the HEXWAVE product and millimeter wave-based body scanners.
YTD Price Performance: 53.65%
Average Trading Volume: 18,683
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $34.76M
For a thorough assessment of SCAN stock, go to TipRanks’ Stock Analysis page.