Liberty Defense
Developer of walk-through millimeter-wave systems for concealed-threat screening.
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Profile
Develops walk-through security systems led by HEXWAVE, which uses millimeter-wave imaging and automated detection for concealed metallic and non-metallic threats. Revenue combines delivered systems and software subscriptions with TSA and PNNL development contracts, while airport-checkpoint HD-AIT upgrades remain contingent on TSA certification.
Builds walk-through security systems around active millimeter-wave imaging. HEXWAVE is a contactless portal that reconstructs real-time images and uses automatic threat-detection models to screen for concealed metallic and non-metallic items without requiring people to remove common belongings. Sales include equipment delivered and commissioned at customer sites, alongside software and algorithm-update subscriptions; Contract segment revenue comes from TSA and PNNL development programs.
Commercial activity is centered in the United States and North America, with deployments and orders across aviation-worker screening, corrections, government facilities and laboratories. Manufacturing HEXWAVE in Wilmington and working through direct customers, channel partners, installation and service partners are central to execution. The operating base depends on the HEXWAVE platform, government contract milestones, licensed MIT and Battelle/PNNL technology, component supply and, for HD-AIT checkpoint upgrades, TSA certification.
Company facts
Categories
Key statistics
Year to date −30.0% · Average volume (30d) 14.6K
Analysts
No analyst consensus on record.
Earnings
Not reported.
Financial highlights
Not reported.
Dividends
No dividends on record.
Ownership
Shares outstanding 2.04M · Float 1.74M · 85.6% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Lytton Laurence W | 565.2K | 9.90% | 13G | Apr 27, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- Evolv Technologies
High-throughput venue screening against Evolv Express.
- Leidos
Airport body-scanner upgrades against ProVision systems.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Liberty Defense | $3.45 | +0.73% | $7.0M | — | — | 3.7 | — |
| Evolv Technologies | $5.25 | +0.00% | $942.5M | — | — | 5.5 | +34.4% |
| Leidos | $141.00 | +0.31% | $17.69B | 13.1 | 11.6 | 1.0 | +7.2% |
| Median | 13.1 | 11.6 | 3.3 | +20.8% |




