A Unique and Exciting Opportunity in Weapons Detections
We’ve found a hidden gem called Liberty Defense Holdings Ltd. and they are stepping up with their groundbreaking concealed threat detection technology.
Drawing on the expertise of experienced professionals and next generation technologies, Liberty Defense brings innovative security solutions to detect threats in all verticals. The need for security measures that protect lives in public spaces has never been greater. Reopenings across the country including tourism in Las Vegas -day clubs, casinos, concerts, and sporting events like UFC fights are at or near record levels are driving a surge in security needs from hackers demanding ransoms as well as concealed threat detection.
Armed with licensed technologies from leading security and defense research institutions, Liberty Defense’s experienced management team is positioned to bring touchless security solutions to solve challenging problems of screening people for firearms, explosives and IEDs.
Liberty Defense, which is just at the beginning of its growth story, provides security solutions for concealed weapons detection in high volume foot traffic areas (up to 1,000 people per hour, per portal); think of hotels, office buildings, schools, sporting events, concerts – just to name a few! The company's march toward commercialization is producing a steady stream of market news, like the recent milestone announcement of their AI detection algorithm successfully finding threats on people in motion.1
7 Reasons Why HEXWAVE Might Be a Game Changer for Threat Detection
Next-Generation Security – HEXWAVE ticks all the boxes for threat detection. Contactless, seamless security for metallic and non-metallic threats with high throughput (1,000+ people/ hour)
Easily adaptable for indoor and outdoor applications, without sacrificing system integrity or throughput.
Real-time precision detection doesn't slow down lines (1000+ people/hour), eliminating bottlenecks for potentially risky high-volume events.
The explosives and weapons detection market will grow at a CAGR of 20.2% in 2015-2020, a 5-fold hike from the 3.9% CAGR during 2000-2015.2
Constant Evolution — AI and machine/deep learning protocols ensure that each scan is an opportunity for enhancing sensor fidelity and decision hierarchy.
Closed C$6.9m in March 2021,3 an oversubscribed round of C$7.13 million4 in June 2021 and received a USD$1M grant from BIRD Foundation and Department of Homeland Security.5
Mobile, modular, and scalable architecture allows it to integrate with existing security systems.
Liberty Defense’s disruptive next-generation concealed threat detection technology is a contactless security product called HEXWAVE that uses active 3D imaging to detect threats in real-time.
The HEXWAVE unit can be installed in covert or overt locations providing early warning of threats.
The units use a form of low-power radar energy that creates rich 3D images (size, shape, depth) in real-time to detect weapons through clothing and hand-held baggage (backpacks, handbags, etc.) and will scan people as they walk through the devices to detect potential threats.
It’s the perfect solution for venues that need to keep their foot traffic moving without unneeded interruption. Each HEXWAVE unit has the ability to screen people walking at speed, up to 1,000 people per hour with no need to divest of your keys, wallet or phone.
The company has an exclusive global license for the HEXWAVE tech from Massachusetts Institute of Technology (MIT) and a technology transfer agreement for patents related to HEXWAVE's active 3D radar imaging tech.
A Clearly Differentiated Security Company
Liberty has a clear business model with total revenue coming from three segments:
Hardware Sales (HEXWAVE): Deployed in a standalone or portal configuration.
Maintenance and AI Updates: 5-year maintenance plan includes Software and AI updates (recurring revenue).
Implementation: HEXWAVE can be used as a standalone system or integrated into existing security platforms.
Unique and Exciting Opportunity in
Click below to see an interview with Bill Frain – CEO, Director of Liberty Defense on Midas Letter Raw.
In June, Liberty Defense licensed shoe scanning technology and a high-definition body scanner from the U.S. Department of Energy’s Pacific Northwest National Laboratory (PNNL)
The Liberty Defense team has the depth of experience and connections across the security and capital markets to commercialize the company's products and make their mark on the sector.
The company has already invested over 3 years and $20M in tech development and testing (that's on top of 4+ years by Massachusetts Institute of Technology (MIT) and over 2 years in product development.