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DETX · NASDAQ · Security & Protection Services

Liberty Defense

Developer of walk-through millimeter-wave systems for concealed-threat screening.

$3.45
After-hours close+0.03 (+0.73%)
At close$3.42(−1.87%)
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Liberty Defense Holdings, Ltd. Common SharesDETXIndustrials

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

CEOWilliam (Bill) Frain
ListedApr 22, 2026
ExchangeNASDAQ
HeadquartersWilmington, MA
CountryUnited States
Employees27
CIK0001919776
ISINCA53044R8672

Key statistics

Market cap$7.0M
EPS (ttm)−$2.26
P/E (ttm)−1.53
ROE-7,968.5%
P/B2.01
P/S3.68
Dividend yield
Beta

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

Institutions Insiders

Shares outstanding 2.04M · Float 1.74M · 85.6% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Lytton Laurence W565.2K9.90%13GApr 27, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

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Peers

  • Evolv Technologies

    High-throughput venue screening against Evolv Express.

  • Leidos

    Airport body-scanner upgrades against ProVision systems.

CompareAfter-hours close

CompanyPriceChange
Liberty Defense$3.45+0.73%$7.0M3.7
Evolv Technologies$5.25+0.00%$942.5M5.5+34.4%
Leidos$141.00+0.31%$17.69B13.111.61.0+7.2%
Median13.111.63.3+20.8%