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The latest announcement is out from Liberty Defense Holdings ( (TSE:SCAN) ).
Liberty Defense Holdings announced that Palm Springs International Airport has chosen its HEXWAVE system for employee screening, aligning with a recent TSA mandate requiring physical screening for airport workers. This selection highlights HEXWAVE’s advanced capabilities in detecting a wide range of threats, including those not detectable by standard metal detectors, enhancing security compliance at airports. Liberty Defense’s partnership with Veterans High Risk Security Solutions aims to capitalize on the growing demand for effective screening solutions across various airport sizes, positioning HEXWAVE as a leading choice for meeting TSA requirements nationwide.
More about Liberty Defense Holdings
Liberty Defense Holdings is a leading technology provider specializing in AI-based detection solutions for concealed weapons and threats, particularly in high-foot traffic areas and security-sensitive locations such as airports, stadiums, and schools. The company offers the HEXWAVE product, licensed from the Massachusetts Institute of Technology, which features advanced 3D radar imaging technology for discrete, modular, and scalable threat detection.
YTD Price Performance: 66.73%
Average Trading Volume: 19,967
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $40.38M
Find detailed analytics on SCAN stock on TipRanks’ Stock Analysis page.
