1.70
-3.41%
Close of 9 Nov 2026, in CAD
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About Liberty Defense Holdings
Its shares trade on TSX Venture under the ticker SCAN.V. It has been listed since 14 June 2013. In the fiscal year to 31 December 2025, it reported revenue of $1.5m and a net loss of $14.1m. At that date it held total assets of $6.4m and shareholders' equity of −$2.5m.
Liberty Defense Holdings Ltd. engages in the commercialization of an active 3D imaging technology system, HEXWAVE, to detect concealed threats. The company is headquartered in Wilmington, Massachusetts. The company went IPO on 2013-06-14. The firm is principally engaged in the commercialization of an active three-dimensional (3D) imaging technology system, HEXWAVE, to detect concealed threats. The firm provides multi-technology security solutions for concealed weapons detection in high-volume foot traffic areas and locations requiring enhanced security, such as airports, stadiums, schools, and more. Its HEXWAVE product provides discrete, modular, and scalable protection to provide layered, stand-off detection capability of metallic and non-metallic weapons using active 3D imaging technology. The company also offers millimeter wave-based, High-Definition Advanced Imaging Technology (HD-AIT) body scanner and shoe scanner technologies as part of its technology portfolio.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- N/A
- Industry
- N/A
- Listed since
- 14 Jun 2013
- Employees
- 27
- Website
- libertydefense.com ↗
Leadership
Pay as last reported
- Mr. Daryl RebeckExecutive Chairman of the Board, since 2021$310,138
- Mr. William FrainChief Executive Officer, Director, since 2021$355,124
- Mr. Omar AbregoChief Financial Officer, Corporate Secretary$100,508
- Mr. Arjun GrewalIndependent Director$33,891
- Ms. Linda JackstaIndependent Director$35,570
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- HEXWAVE provides discrete, modular, and scalable protection for layered detection in airports and stadiums.
- HEXWAVE uses active 3D imaging technology for detecting metallic and non-metallic weapons.
- The company offers multi-technology security solutions including HD-AIT body scanners for high-volume areas.
Weaknesses
- Liberty Defense has only 27 employees which limits operational capacity.
- The company is based in Wilmington, Massachusetts, a location not known for defense innovation.
- The firm's IPO in 2013 shows limited market traction and growth.
Opportunities
- Expanding HEXWAVE use in schools and stadiums for enhanced security needs.
- Growing demand for millimeter wave-based HD-AIT scanners in airports globally.
- Increasing security concerns in public venues drive demand for concealed threat detection.
Threats
- Competition from established security firms in the US defense sector.
- Regulatory changes affecting millimeter wave technology usage in public spaces.
- Economic downturns reducing security spending in high-volume locations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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