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Liberty Defense Holdings ( (TSE:SCAN) ) has shared an announcement.
Liberty Defense Holdings has completed design improvements for its High-Definition Advanced Imaging Technology (HD-AIT) wideband upgrade kit, which has been delivered to the U.S. Transportation Security Administration (TSA) for evaluation and testing. This upgrade, funded by the TSA, aims to enhance aviation security infrastructure by improving the capabilities and extending the lifecycle of existing body scanners. The HD-AIT system utilizes a wider frequency bandwidth to enhance resolution and signal detail, supporting third-party development of machine learning algorithms for improved threat detection. This milestone reinforces Liberty’s leadership in threat detection technology and is expected to enhance passenger experience by reducing false alarms and increasing throughput.
The most recent analyst rating on (TSE:SCAN) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Liberty Defense Holdings stock, see the TSE:SCAN Stock Forecast page.
Spark’s Take on TSE:SCAN Stock
According to Spark, TipRanks’ AI Analyst, TSE:SCAN is a Neutral.
Liberty Defense Holdings faces significant financial challenges with ongoing losses, negative equity, and reliance on external financing, heavily impacting its overall score. Technical analysis shows neutral indicators, while valuation is poor due to a negative P/E ratio and no dividend yield. The lack of earnings call and corporate events data limits further insights.
To see Spark’s full report on TSE:SCAN stock, click here.
More about Liberty Defense Holdings
Liberty Defense Holdings Ltd. is a leading technology provider specializing in AI-based next-generation detection solutions for concealed weapons and threats. The company focuses on providing multi-technology security solutions for high-volume foot traffic areas and locations requiring enhanced security, such as airports, stadiums, and schools. Liberty Defense’s product portfolio includes the HEXWAVE product, licensed from the Massachusetts Institute of Technology (MIT), and the High-Definition Advanced Imaging Technology (HD-AIT) body scanner and shoe scanner technologies.
Average Trading Volume: 221,287
Technical Sentiment Signal: Sell
Current Market Cap: C$20.16M
See more insights into SCAN stock on TipRanks’ Stock Analysis page.