Liberty Defense Holdings, Ltd. IPO

Liberty Defense develops AI-based detection technology for concealed weapons screening in high-traffic public venues. The company's HEXWAVE system uses 3D imaging and machine learning to detect threats without requiring people to remove personal items, targeting airports, stadiums, schools, and other security-conscious facilities.

PublicUpdated April 23, 2026

Key Facts

IndustrySecurity Technology
Founded2017
HeadquartersAtlanta, GA
FundingCompleted U.S. IPO on Nasdaq in April 2026, raising approximately $20 million through the sale of 3.67 million shares at $4.50 per share. Previously traded on TSX Venture Exchange (SCAN) and OTCQB markets.

About Liberty Defense Holdings, Ltd.

Liberty Defense Holdings develops advanced threat detection technology designed to enhance security screening in high-traffic public spaces. The company's flagship product, HEXWAVE, is a concealed weapons detection platform that combines 3D radar imaging, AI-powered analytics, and millimeter wave technology to identify threats without requiring people to stop, empty pockets, or remove bags. This walk-through screening approach aims to balance security effectiveness with throughput and user experience.

The company targets venues where traditional metal detectors create bottlenecks or where covert screening is preferred, including airports, schools, corporate campuses, stadiums, government buildings, and public events. HEXWAVE has undergone testing and pilot deployments with various organizations and has received developmental contracts from entities including the U.S. Department of Homeland Security. Liberty Defense positions itself in the growing market for next-generation security solutions that can detect both metallic and non-metallic threats.

As a publicly traded company on the TSX Venture Exchange and OTCQB, Liberty Defense has been working to commercialize its technology and expand its customer base. The company competes in a security technology market alongside established players but differentiates itself through its AI-driven approach and focus on user-friendly, high-throughput screening. The planned uplisting to a major U.S. exchange represents a strategic move to access deeper capital markets and broaden its institutional investor base.

IPO Status

Liberty Defense Holdings completed its U.S. IPO on Nasdaq in April 2026, pricing 3.67 million shares at $4.50 per share to raise approximately $20 million. The company now trades on the Nasdaq exchange under the ticker DETX, achieving its goal of uplisting from the TSX Venture Exchange (SCAN) and OTCQB markets to a major U.S. exchange. This transition provides the company with greater liquidity and visibility to American institutional investors. The security technology company specializes in contactless screening technologies, with its HEXWAVE product deployed in pilot programs and commercial installations. The successful IPO comes amid increased investor interest in the security technology sector, driven by heightened public safety concerns and growing adoption of advanced screening solutions. The company continues to scale its operations and customer base as it grows its commercial presence in the security screening market.

Competitors

Frequently Asked Questions

Does Liberty Defense Holdings, Ltd. have a stock?

Liberty Defense Holdings is already a publicly traded company on the TSX Venture Exchange (ticker: SCAN) and OTCQB market in the United States. The company is currently pursuing an uplisting to a major U.S. stock exchange, which would provide enhanced trading liquidity and broader investor access.

When is the Liberty Defense Holdings, Ltd. IPO date?

Liberty Defense has announced intentions to uplist to a major U.S. exchange, but no specific date has been confirmed. The uplisting process involves regulatory approval and meeting exchange requirements, which can take several months to complete. Sign up for alerts to stay informed.

How can I buy Liberty Defense Holdings, Ltd. stock?

Liberty Defense stock can currently be purchased on the TSX Venture Exchange under ticker SCAN or on the OTCQB market in the United States. Once the company completes its uplisting to a major U.S. exchange, shares will be available through standard brokerage accounts with improved liquidity. Investors should consult with their broker regarding availability and trading fees for current markets.

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