11:40 AM EDT, 03/27/2025 (MT Newswires) -- Liberty Defense Holdings ( LDDFF ) on Thursday said it entered into a non-exclusive distribution agreement with Lexington, North Carolina-based Point Security to introduce Hexwave to U.S. airports.

The company, a provider of AI-based detection systems for concealed non-metallic and metallic weapons and threats, saidPoint Security has 30 years of experience in the sale, rental, and service of checkpoint security equipment, Liberty said.

"We are extremely pleased that Point Security chose Hexwave to enhance their urban security offering with detection of the latest threats like non-metallic explosives and 3D printed ghost guns," said Bill Frain, chief executive. "Point Security has a significant existing urban security portfolio, and we look forward to working with them to expand our reach to the market and the resulting revenue growth potential that this partnership brings."

The company's shares were last seen up $0.01 to $1.23 on the TSX Venture Exchange.

Price: 1.23, Change: +0.01, Percent Change: +0.82