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Liberty Defense Announces Award of HEXWAVE™ Systems at One of the Largest International Airports in the U.S. for Aviation Worker Screening
Globenewswire· 2025-10-28 12:00
Deployment of AI-powered HEXWAVE™ systems marks a major milestone in scaling advanced threat detection across global aviation marketsWILMINGTON, Mass., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Liberty Defense Holdings Ltd. (“Liberty” or the “Company”) (TSXV: SCAN, OTCQB: LDDFF, FSE: E30), a leading technology provider of AI-based next generation detection solutions for concealed weapons and threats, today announced the award of multiple HEXWAVE™ systems at one of the largest international airports in the United St ...
Gorilla Technology to Present at the ThinkEquity Conference
Newsfile· 2025-10-27 13:15
Core Insights - Gorilla Technology Group Inc. will present at the ThinkEquity Conference on October 30, 2025, in New York [1][2] - The company specializes in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology [3][4] Event Details - Presentation Date: October 30, 2025 [2] - Presentation Time: 12:00 p.m. Eastern Time [2] - Location: The Mandarin Oriental Hotel, South Salon II [2] - A webcast of the presentation will be available on the company's website [2] Company Overview - Gorilla Technology is headquartered in London, U.K., and provides solutions across various sectors including Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare, and Education [3][4] - The company utilizes AI and Deep Learning Technologies to enhance urban operations, security, and resilience [4] - Key products include intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics, and advanced cybersecurity technologies [4]
ScanTech AI Systems Delivers SENTINEL® CT System for Pilot Deployment and Mission-Specific AI Algorithm Development
Globenewswire· 2025-10-22 12:00
Core Insights - ScanTech AI Systems Inc. has successfully delivered its SENTINEL® Fixed-Gantry CT Scanner to the Virginia Department of Corrections for a pilot program aimed at developing a customized contraband detection algorithm for correctional facilities [1][2] - The SENTINEL system is designed for non-intrusive, high-resolution imaging to enhance screening workflows and collect data for training AI models [2][4] - The company aims to capture a share of the estimated USD 1 billion correctional-facility security screening market through its advanced AI-powered technology [3] Company Overview - ScanTech AI Systems Inc. specializes in advanced non-intrusive 'fixed-gantry' CT screening technologies, utilizing proprietary AI and machine learning to detect hazardous materials and contraband [5] - The company's solutions are applicable in various high-security environments, including airports, seaports, and government buildings [5] Market Opportunity - The addressable market for advanced imaging and AI-based scanning solutions in correctional environments is estimated to be approximately USD 1 billion or greater, based on internal analysis and data from the Bureau of Justice Statistics [3] - The collaboration with the Virginia Department of Corrections is expected to demonstrate the adaptability of ScanTech AI's technology and accelerate the deployment of customized AI detection models across broader markets [4]
Jackson County Detention Center Selects Liberty Defense’s HEXWAVE for Checkpoint Security Screening
Globenewswire· 2025-10-20 12:01
WILMINGTON, Mass., Oct. 20, 2025 (GLOBE NEWSWIRE) -- Liberty Defense Holdings Ltd. (“Liberty” or the “Company”) (TSXV: SCAN, OTCQB: LDDFF, FRANKFURT: FSE:E30), – a leading technology provider of AI-based next generation detection solutions for concealed weapons and threats, is pleased to announce that its HEXWAVE system was selected by The Jackson County Detention Center in Missouri to screen staff and visitors who enter the facility. The order was received with our distribution partner, Linev Systems U.S. ...
Jackson County Detention Center Selects Liberty Defense's HEXWAVE for Checkpoint Security Screening
Globenewswire· 2025-10-20 12:01
Core Insights - Liberty Defense Holdings Ltd. has been selected to provide its HEXWAVE system for screening at The Jackson County Detention Center in Missouri, indicating a growing demand for advanced security solutions in correctional facilities [1][2]. Company Overview - Liberty Defense specializes in AI-based detection solutions for concealed weapons and threats, focusing on high-traffic areas requiring enhanced security [5]. - The HEXWAVE product is licensed from the Massachusetts Institute of Technology (MIT) and offers modular and scalable protection against both metallic and non-metallic threats [5]. Technology Details - HEXWAVE employs millimeter wave technology, advanced 3D imaging, and AI to detect a variety of concealed threats, including explosives and 3D printed firearms, through a contactless walkthrough portal [4]. - The system is designed for rapid, automated screening, which minimizes entry wait times while enhancing security [2][4]. Market Context - The Jackson County Detention Center currently has an inmate population of approximately 1,063, exceeding its capacity, which has led to the construction of a new County Jail expected to be completed this Fall [3]. - The increasing inmate population highlights the need for improved security measures within correctional facilities [3]. Partnership Information - The order for the HEXWAVE system was facilitated through Linev Systems U.S., a partner known for providing x-ray imaging checkpoint security technology [1][6].
Axon Enterprise Stock Dropped 13% – Have You Assessed The Risk
Forbes· 2025-10-17 10:25
Core Insights - Axon Enterprise (AXON) stock has decreased by 13.3% over the past 21 trading days and is currently viewed as relatively expensive, raising concerns about its valuation [1][2] - The company has a market capitalization of $51 billion and reported $2.4 billion in revenue, with a revenue growth of 32.4% over the last 12 months [3] - AXON stock has historically underperformed the S&P 500 during economic downturns, with significant declines observed in various crises [4][6] Financial Performance - The current trading price of AXON is $652.17, with a P/E multiple of 155.9 and a P/EBIT multiple of 185.9, indicating a high valuation [3] - The company has an operating margin of -0.06% and a Debt to Equity ratio of 0.04, suggesting low leverage [3] - The Cash to Assets ratio stands at 0.36, reflecting the company's liquidity position [3] Historical Stock Performance - AXON stock experienced a peak-to-trough decline of 58.5% from $203.51 on February 11, 2021, to $84.37 on May 11, 2022, compared to a 25.4% decline for the S&P 500 [4] - The stock fully recovered to its pre-Crisis peak by March 1, 2023, and reached a high of $870.97 on August 7, 2025, before trading at its current price [4] - Historical data shows that AXON stock has had significant recoveries after downturns, with a median return of 68.9% within a year following sharp declines since 2010 [3] Investment Strategy - The Trefis High Quality Portfolio, which includes 30 stocks that have consistently outperformed benchmarks, is recommended as a more diversified investment approach compared to relying solely on AXON stock [2][5] - The portfolio aims to deliver improved returns with reduced risk, as evidenced by its performance metrics during past financial crises [2][5]
Wytec Comments on Previous Stock Promotional Activity
Businesswire· 2025-10-16 23:26
SAN ANTONIO--(BUSINESS WIRE)---- $wytc #drugsensingtechnology--On October 14th and 15th of 2025, Wytec issued two public press releases describing its Integrated Public Safety Solution (IPSS) involving various patented technologies related to in-building cellular, gunshot and vape detection solutions. Additionally, it engaged AresCMG to draft the final press releases in an effort to further expand its reach to prospective investors and potential purchasers of its technology utilizing its previously issued p ...
Cloudastructure, Inc. Announces Up to $5 Million Share Repurchase Program to Enhance Shareholder Value
Globenewswire· 2025-10-16 12:30
Core Viewpoint - Cloudastructure, Inc. has announced a share repurchase program authorizing the buyback of up to $5 million of its common stock, reflecting confidence in the company's long-term outlook and commitment to shareholder value [1][2] Company Overview - Cloudastructure is a leader in AI Surveillance and Remote Guarding, utilizing a scalable cloud-based architecture with advanced AI/ML analytics for security solutions [3] - The company offers a value proposition that avoids proprietary hardware, providing contract-free, month-to-month pricing and unlimited 24/7 support, achieving up to 75% lower Total Cost of Ownership compared to other systems [3] Financial Performance - The company has seen a record-breaking sales performance, tripling its full-year 2024 signed contract total within the first nine months of 2025 [2] - The share repurchase program is viewed as a strategic use of capital that aligns with both near-term goals and long-term vision [2] Market Position - There is a rapid expansion of Cloudastructure's customer base, indicating growing market demand for intelligent, cloud-native security solutions [2] - The company is focused on executing its core growth strategy, which includes product innovation, customer base expansion, and operational efficiency [2]
Cloudastructure Reports Record-Breaking 2025 Growth, More Than Tripling Full-Year 2024 Performance and Delivering the Fastest Expansion in Company History
Globenewswire· 2025-10-15 13:00
Core Insights - Cloudastructure, Inc. has reported a significant increase in signed contracts, reaching approximately $4.79 million year-to-date, which is more than three times the total of $1.5 million for the full year of 2024 [1] - The company achieved over $1.0 million in new contracts in September 2025 alone, contributing to a total of more than $2.0 million in signed contracts for the third quarter [1] Company Performance - The record-setting performance of Cloudastructure indicates a strong market adoption of its AI surveillance and remote guarding solutions, showcasing the scalability of its advanced technology platform [2] - The company processes around 8 million videos daily, equating to approximately 8,200 videos per minute or nearly 100 videos per second, while simultaneously reducing processing costs [2] Strategic Vision - The Chief Revenue Officer highlighted that 2025 is a pivotal year for Cloudastructure, driven by rising demand for smarter security solutions and customer confidence in the company's vision for an AI-powered ecosystem [3] - The company's cloud architecture and operational efficiencies are enabling scalable and profitable growth, positioning it to integrate with next-generation technologies such as drones and robotic dogs [3] Technology and Value Proposition - Cloudastructure's security platform utilizes a scalable cloud-based architecture with advanced AI/ML analytics, allowing enterprise businesses to achieve proactive, end-to-end security [4] - The platform offers a competitive advantage by avoiding proprietary hardware and providing contract-free, month-to-month pricing, along with unlimited 24/7 support, resulting in up to a 75% lower Total Cost of Ownership compared to other systems [4]
ScanTech AI Systems Appoints Berkowitz Pollack Brant Advisors + CPAs as Independent Auditor to Support Enhanced Governance and Regulatory Compliance Initiatives
Globenewswire· 2025-10-15 12:00
Core Viewpoint - ScanTech AI Systems Inc. has appointed Berkowitz Pollack Brant Advisors + CPAs as its independent registered public accounting firm for the fiscal year ending December 31, 2025, as part of its strategy to enhance financial reporting and internal controls [1][2][3] Group 1: Auditor Appointment - The engagement of BPB is a step towards strengthening financial reporting and advancing Nasdaq re-compliance [2] - The appointment aligns with the company's governance initiatives and commitment to transparent financial reporting [3] Group 2: Financial Strategy - ScanTech AI has entered into a purchase agreement with ARC Group International Ltd., which includes a commitment of up to $50 million via an Equity Line of Credit, contingent upon SEC registration [4] - The combination of enhanced audit oversight and strategic financing is aimed at improving financial stability and supporting long-term growth objectives [4] Group 3: Company Overview - ScanTech AI has developed advanced non-intrusive 'fixed-gantry' CT screening technologies that utilize AI and machine learning to detect hazardous materials [5] - The company's solutions are designed for various high-security environments, including airports, seaports, and government buildings [5]