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Liberty Defense Up 9.6% as It Receives FCC Waiver For High-Definition AIT Upgrade Kit
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Liberty Defense Up 9.6% as It Receives FCC Waiver For High-Definition AIT Upgrade Kit
Jan 22, 2025 10:51 AM

01:22 PM EST, 01/22/2025 (MT Newswires) -- Liberty Defense Holdings ( LDDFF ) on Wednesday said its High-Definition Advanced Imaging Technology (HD-AIT) upgrade kit received a formal waiver authorization approval from the Federal Communications Commission in the United States, saying it is an important milestone for its ultra-wideband high definition imaging technology.

"This marks another significant milestone for Liberty's HD-AIT advanced product development as we move toward finalizing the commercialization of this technology, with the potential to upgrade existing body scanners at U.S. airports," said Bill Frain, Liberty's chief executive. "In September we announced the continued funding from the Transportation Security Administration to complete the development and eventual rollout of the technology. This will enable us to achieve an unparalleled level of security screening and throughput as passenger traffic continues to grow at airports."

The company's shares were last seen up $0.11 to $1.26 on the TSX Venture Exchange

Price: 1.26, Change: +0.11, Percent Change: +9.57

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