Liberty Defense, K'(Prime) sign distribution agreement

Executive Summary

• Liberty Defense Holdings Ltd. has entered into a strategic, non-exclusive distribution agreement with K'(Prime) Technologies Inc. to introduce its Hexwave people screening system to the Canadian aviation and urban security market.
• The partnership leverages K'(Prime)'s 20+ years of experience and existing network in Canada, including a significant maintenance contract with the Canadian Air Transport Security Authority (CATSA).
• The Hexwave system utilizes AI, machine learning, and millimetre-wave technology to detect metallic and non-metallic threats, including explosives and 3-D-printed weapons, in real-time.

Key Details

• Parties Involved: Liberty Defense Holdings Ltd. (Seller/Technology Provider) and K'(Prime) Technologies Inc. (Distributor/Partner based in Calgary, Alta.).
• Agreement Type: Strategic, non-exclusive distribution agreement.
• Product: Hexwave walkthrough people screening system.
• Technology Features:
  • Uses AI and machine learning for real-time threat detection.
  • Detects both metallic and non-metallic threats.
  • Specifically targets emerging threats such as non-metallic explosives and 3-D-printed "ghost guns."
  • Utilizes millimetre-wave, advanced 3-D imaging, and AI technologies.
• Target Market: Canadian aviation and urban security sectors, including airports, stadiums, and schools.
• Partner Background: K'(Prime) holds a five-year, $160-million contract with CATSA (awarded in 2022) to provide maintenance services for passenger screening imaging equipment at all Canadian airports, covering every province and territory.
• Strategic Goal: Liberty Defense aims to expand its market reach and drive revenue growth in Canada through K'(Prime)'s established presence and service network.

Notable Quotes

• Marc Tomlinson, President, K'(Prime): "One of the primary reasons we partnered with Liberty Defense to sell the Hexwave system is the company's shared commitment to innovation, meaningful results and customer satisfaction... The Hexwave system was selected as the perfect complement to our existing imaging and security services program."
• Bill Frain, CEO, Liberty Defense: "We're proud that K'(Prime) selected the Hexwave system to strengthen their aviation and urban security capabilities... With K'(Prime)'s strong presence in aviation services across Canada, we look forward to expanding our market reach and driving meaningful revenue growth through this partnership."