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Liberty Defense Appoints Former TSA PreCheck Leader Matt Johnson to Leadership Team
Globenewswire· 2026-02-11 13:00
Core Insights - Liberty Defense Holdings Ltd. has appointed Matt Johnson as the Department of Homeland Security Relationship Manager to enhance its aviation strategy and accelerate the commercialization of its next-generation screening solutions across airports and high-throughput venues [1][3]. Company Overview - Liberty Defense is a technology provider specializing in AI-based detection solutions for concealed weapons and threats, focusing on high-traffic areas such as airports and stadiums [5]. - The company’s HEXWAVE product, developed in collaboration with MIT, offers modular and scalable protection for detecting both metallic and non-metallic weapons [5]. Leadership Appointment - Matt Johnson brings over 20 years of experience in aviation security and technology, having held senior roles at the TSA and Evolv Technology, where he contributed to the development of risk-based security initiatives and next-generation detection solutions [2][4]. - His expertise is expected to strengthen Liberty's commercial execution, partnership development, and customer engagement as the company expands its aviation footprint [3][4]. Market Potential - Liberty views the aviation sector as a significant long-term market for next-generation screening technologies, indicating a strategic focus on expanding its presence in this area [3].
ScanTech AI Systems Inc. Announces Nasdaq Delisting Determination, Pending Trading Suspension, and Intent to Seek OTCQB Quotation
Globenewswire· 2026-02-09 23:40
Core Viewpoint - ScanTech AI Systems Inc. is facing potential delisting from Nasdaq due to non-compliance with listing requirements, specifically regarding market value and periodic filing obligations [2][3]. Group 1: Nasdaq Compliance Issues - On February 4, 2026, ScanTech AI received a deficiency notice from Nasdaq indicating that its market value of publicly held shares (MVPHS) was below the required $15 million for 30 consecutive business days [2]. - The company has a 180-day compliance period until August 3, 2026, to regain compliance by maintaining an MVPHS of at least $15 million for ten consecutive business days [2]. - On February 6, 2026, the Nasdaq Hearing Panel denied the company's request for continued listing, citing non-compliance with Nasdaq Listing Rules 5250(c)(1) and 5450(b)(2)(A) [3]. Group 2: Next Steps and Alternatives - The company has 15 days from the receipt of the determination letter to request a review of the Panel's decision by the Nasdaq Listing and Hearing Review Council [4]. - ScanTech AI is evaluating options, including submitting a request for review, which could lead to various outcomes such as affirmation or reversal of the Panel's decision [4]. - Concurrently, the company plans to apply for its common stock to be quoted on the OTCQB Venture Market, although there is no guarantee of meeting eligibility requirements [5]. Group 3: Company Overview - ScanTech AI Systems Inc. specializes in advanced AI-powered security screening and imaging technologies, particularly in non-intrusive 'fixed-gantry' CT screening [6]. - The company's technology is designed to detect hazardous materials and contraband, with applications in various high-security environments such as airports, seaports, and government buildings [6].
Liberty Defense Announces Public Filing of Registration Statement for Proposed U.S. Initial Public Offering
Globenewswire· 2026-02-06 13:00
Core Viewpoint - Liberty Defense Holdings, Ltd. has filed a registration statement for an initial public offering (IPO) of its common shares in the United States, aiming to list on the Nasdaq Capital Market [1]. Company Overview - Liberty Defense provides multi-technology security solutions for concealed weapons detection in high-traffic areas such as airports, stadiums, and schools [6]. - The company’s HEXWAVE product, licensed from the Massachusetts Institute of Technology (MIT), offers modular and scalable protection for detecting both metallic and non-metallic weapons [6]. - Liberty has also licensed millimeter wave-based High-Definition Advanced Imaging Technology (HD-AIT) body scanners and shoe scanners, enhancing its technology portfolio [6]. Offering Details - The number of shares and price range for the proposed offering have not yet been determined [1]. - The Benchmark Company, LLC is acting as the sole bookrunning manager for the offering [2]. - The offering will be conducted only through a prospectus, which will be available on the SEC's EDGAR website and from The Benchmark Company [3].
Cloudastructure Expands Partnership as National Multifamily Operator Broadens Deployment Across Major Southern Metropolitan Markets Following Successful Initial Implementation
Globenewswire· 2026-02-05 14:00
Core Insights - Cloudastructure, Inc. has expanded its partnership with a major multifamily operator, increasing its deployment from one property to four across Southern U.S. metropolitan markets, indicating growing confidence in its AI-driven risk management solutions [1][3] - The multifamily operator manages thousands of units in high-growth areas, facing complex risk management challenges due to rising asset values and regulatory scrutiny [2] - The expansion highlights Cloudastructure's capability to standardize proactive security measures across diverse properties, addressing the needs of enterprise operators [3] Risk Management Challenges - The multifamily operator is dealing with interconnected challenges, including the inadequacy of traditional security methods, which are reactive and leave properties vulnerable to incidents [4] - The legal and insurance landscape has shifted, with jury awards exceeding $10 million rising by 52% in 2024 compared to 2023, leading to increased costs for property owners [7][9] Proactive Solutions - Cloudastructure's Remote Guarding combines AI video analytics with live security personnel, allowing for real-time intervention to prevent incidents before they escalate into liability events [5][6] - The proactive approach has demonstrated the ability to deter over 98% of threatening activities, significantly reducing legal exposure and protecting net operating income [9] Industry Trends - Multifamily property insurance premiums have increased by an average of 22% from 2022 to 2023 and 45% from 2023 to 2024, effectively doubling since 2021, which is contributing to rising operating expenses [9] - The convergence of rising litigation severity and insurance cost pressures is driving multifamily operators to seek solutions like Cloudastructure's AI-driven surveillance [9] Company Overview - Cloudastructure's platform utilizes a scalable cloud-based architecture with advanced AI/ML analytics, offering a cost-effective security solution with up to 75% lower Total Cost of Ownership compared to traditional systems [10]
Liberty Defense Secures New Major U.S. Airport Contract, Fueling Momentum in Aviation Security
Globenewswire· 2026-02-05 13:00
Core Insights - Liberty Defense Holdings Ltd. has secured a contract to deploy its HEXWAVE™ screening technology at a major U.S. airport, indicating a significant step in the modernization of aviation security infrastructure [1][2] Group 1: Company Overview - Liberty Defense is a technology provider specializing in AI-based detection solutions for concealed weapons and threats [1] - The company’s HEXWAVE™ product is designed for high-volume environments, providing modular and scalable protection against both metallic and non-metallic threats [5][4] - Liberty has exclusive licensing agreements with the Massachusetts Institute of Technology (MIT) for advanced radar imaging technology, enhancing its technological capabilities [5] Group 2: Contract Details - The new contract involves the installation of multiple HEXWAVE™ systems at aviation worker screening locations within the airport, aimed at improving threat detection while minimizing disruption for employees [3][2] - The airport in question handles over 30 million passengers annually and is part of a broader initiative to modernize security operations and meet evolving screening requirements [2] Group 3: Technology Features - HEXWAVE™ utilizes millimeter-wave sensing, 3D imaging, and artificial intelligence to identify various types of threats, including emerging and improvised weapons [4] - The system is built for continuous operation in demanding environments, ensuring consistent performance without the need for physical searches [4]
ScanTech AI Systems Launches Collaborative Pilot Program with the City of Atlanta, in Preparation for 2026 FIFA Football World Cup Events
Globenewswire· 2026-02-02 13:30
Atlanta, GA, Feb. 02, 2026 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (Nasdaq: STAI), a developer of advanced AI-powered security screening and imaging systems, today announced a collaborative pilot program with the City of Atlanta designed to support the city’s efforts to enhance safety, improve operational efficiency, and advance infrastructure modernization across select municipal and event facilities ahead of the 2026 FIFA Football World Cup events. Under the agreement ...
Alarm.com to Announce 2025 Fourth Quarter and Full Year Results on February 19, 2026
Businesswire· 2026-02-02 11:15
Core Viewpoint - Alarm.com Holdings, Inc. will report its fourth quarter and full year financial results for 2025 on February 19, 2026, after market close [1] Group 1: Financial Reporting - The financial results will be discussed in a conference call and webcast at 4:30 p.m. ET on the same day [1] - A pre-registration link is provided for the conference call, allowing participants to obtain their dial-in number and individual passcode [1] Group 2: Company Overview - Alarm.com is recognized as the leading platform for intelligently connected properties, serving millions of homeowners and businesses [3] - The company offers a comprehensive suite of solutions, including security, video surveillance, access control, active shooter detection, intelligent automation, energy management, and wellness [3] - Alarm.com's services are delivered exclusively through a trusted network of thousands of professional service providers and commercial integrators across North America and globally [3] - The company's common stock is traded on Nasdaq under the ticker symbol ALRM [3]
Cloudastructure Expands U.S. Footprint to 28 States and Washington, D.C. Led By Rapid Adoption of Mobile Surveillance Trailer Platform
Globenewswire· 2026-01-29 14:00
Core Insights - Cloudastructure, Inc. is expanding its operations into five additional U.S. states, increasing its presence to 28 states plus Washington, D.C. [1] Expansion and Demand - The expansion is driven by the growing demand for the Mobile Surveillance Trailer solution, which allows for rapid deployment in various markets requiring flexible security coverage [3] - The trailers can be equipped with integrated aerial drone support and are being increasingly adopted in construction, logistics, industrial, and large-site environments [3] Financial Performance - Preliminary unaudited full-year 2025 revenue increased approximately 270% year-over-year, while preliminary unaudited fourth-quarter revenue rose approximately 306% year-over-year, marking the highest quarterly revenue in the company's history [4] - This growth reflects the increasing adoption of Cloudastructure's AI-powered surveillance platform and Remote Guarding services among enterprise and multi-site customers [4] Strategic Approach - The company's platform serves as an intelligence layer behind various security hardware, allowing for rapid scaling across diverse markets and operating environments [5] - Cloudastructure's hardware-agnostic approach supports diverse customer needs with a unified AI-driven solution, enhancing operational efficiency and supporting geographic and vertical growth [5] Technology and Value Proposition - Cloudastructure's security platform utilizes a scalable cloud-based architecture featuring cloud video surveillance with proprietary AI/ML analytics and a seamless remote guarding solution [6] - The platform offers a significant value proposition, achieving up to a 75% lower Total Cost of Ownership compared to other systems, while providing contract-free, month-to-month pricing and unlimited 24/7 support [6]
ScanTech AI Systems Management Presents Recompliance Plan to Nasdaq Hearing Panel, Provides Update on Re-Compliance Execution
Globenewswire· 2026-01-27 13:30
Atlanta, GA, Jan. 27, 2026 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (Nasdaq: STAI) today announced that its Chief Executive Officer, Dolan Falconer, and Chief Financial Officer, James White, presented on behalf of the Company at a hearing before the Nasdaq Hearings Panel on January 22, 2026. During the hearing, management outlined the Company’s progress to date and its ongoing plan to address the remaining listing compliance matter, consistent with the written submission ...
海州启用智慧安防OPC创业社区
Xin Hua Ri Bao· 2026-01-26 21:51
Core Viewpoint - The "Huaguoshan Smart Security OPC Community" in Lianyungang City has officially launched, serving as an incubator for entrepreneurs in the security sector, utilizing an innovative model of "individual + AI as a company" [1] Group 1: Community Structure and Support - The community is built around four empowering systems: technology, tasks, capital, and industrial ecology [1] - Partnerships with companies like Rui'an Technology provide computational power and compliance data, enabling the rapid formation of digital intelligent teams [1] - A dedicated venture capital fund of 50 million yuan is established to connect with investment institutions in the Yangtze River Delta [1] Group 2: Entrepreneurial Policies and Benefits - The "Worry-Free Maker" policy package is introduced to lower the barriers for entrepreneurs, including free rent for the first year and comprehensive gigabit broadband coverage [1] - Entrepreneurs can access shared meeting and roadshow spaces, allowing for a "move-in ready" experience [1] - Free access to three months of professional large model usage and 1 billion Tokens of computational power is provided [1] Group 3: Focus Areas and Services - The community targets four cutting-edge tracks: AI Vision Pioneers, Police Intelligent Agents, Urban Safety Guardians, and Data Compliance Experts, covering core areas of smart security [1] - Dedicated "entrepreneurial housekeepers" are assigned to provide full-process assistance and services [1]